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Smart Recruitment

Traditional Recruitment doesn't fit the Cambodian demographic. COVID-19 has wiped out 195 million jobs globally, employees and employers are going through a similarly challenging time to survive this pandemic. Everyone is looking at various options to navigate through this crisis in order to reposition themselves to adapt to the changing business market. Once we have better control of the virus and the market opens up to a new dawn. Will employers stick to traditional recruitment method of hiring a recruitment agency to filter through hundreds of CVs. Interview candidates that have literally limited work experience or skills to perform the required roles. I've been through this process over the course of 3 months prior to the outbreak. In Cambodia, there are hundreds of recruitment agencies that promise you the best talent pool of candidates and proven selection process. Yet time and time again, candidates were way below expectations. The recruitment and talent management segment in Cambodia is unique to the rest of the world. There are approximately 8 million young workers and about 160,000 entering the market each year. Majority of these candidates have limited experience and skill so there's no way for traditional recruitment agencies to be able to assess the potential of these young employees by their experience and skills. Next time you are involved in the recruitment process, there is a way to make the entire process not just faster but smarter and most likely to be successful. To ensure the next employee you bring on is the best candidate for the role but someone that’s going to stay, succeed and with the right motivations. This will bring your company to new heights. The developed world is already using big data analytics to drive human capital management. AI and Machine Learning need a huge amount of data, gathered from a wide array of sources, internal and external. Which can be mined to create insights and drive your business forward. 90% of all the data in the world was created in the last 5 years. Many businesses are using big data for sales, marketing and advertising; for example Google, Facebook, Uber, Grab, NetFlix to name a few. If you have a People Analytic Platform that can assess, compare and predict the workplace behaviour and motivation of employees. This ability will transform the Cambodia recruitment and talent management market. Why would we need big data for recruitment and talent management in Cambodia? Currently, all decision made in recruitment has been based on previous experience and most of the time, based on gut feeling or instinct to select your next hire. Big data and Machine Learning will analyse current data with learned patterning to ultimately assist us in making an informed predictive data-driven decision. This will allow you to correctly recruit and place the right people in the role with maximum accuracy. The traditional way of recruitment is by looking at an application. Filter through the resume, identify and grade people with previous experience in that role and industry. Then you bring them in for an interview. Many companies in Cambodia is facing a large percentage of turnovers and it’s costing companies a huge sum of money every year. The chance of someone staying and succeeding in the role had nothing to do with whether or not that person had prior experience. AI-driven Machine Learning enables you to understand the data and work motivation of these candidates prior to even the 1st interview. Many HR managers even forgo the CV and would like to see the AI-driven report first to select their top candidates to interview. Once hired, onto the Talent Management phase. Each business or even recruitment agencies will have their own personalized and comprehensive People Analytic Database which they can tap into. Recruitment using an internal Talent pool has been around but when combining this with big data and analytics, it improves the predictiveness and quality of data in the talent pool immensely. In turn, this will also keep the people in your talent pool engaged and empowered. This smart talent pool will also allow you to proactively look for people with the right skills, experience, temperament, motivation, personality and cultural fit. "Skills can be taught and developed, but it's much harder to find people with the right mindset and attitude geared toward success" Julia Bonner. This is why we should look at changing the way we recruit for talents in Cambodia. The return of investment will be immeasurable as we are able to unlock what drives a person's passion and motivation. Having this knowledge for both candidate and employer to share with each other will only drive the passion and culture-building. The technology is available now in Cambodia to be implemented across many sectors. The country's success is dependent on how well we can recruit and manage talent as a nation. It's time that we look at technology to enable us to scale to new heights and bring everyone on this journey.

Smart Recruitment

Traditional Recruitment doesn't fit the Cambodian demographic. COVID-19 has wiped out 195 million jobs globally, employees and employers...