The Key Operational Components of an Effective Talent Pipeline

Let’s face reality: most sourcing efforts are extremely rushed. As a result, there is a high probability that in key jobs, your sourcing effort will completely miss a significant number of high-quality external prospects. If you instead want to avoid missing a single top prospect, a superior approach is to stretch out the sourcing process so that you have a complete inventory of already assessed top talent to draw from whenever a key job comes open. This stretched outsourcing and assessment process is known as a talent inventory or talent pipeline. And this approach has an added benefit. Because of this extra time, you can better sell the prospects in your inventory on the advantages of working at your firm.