Background
A large global pharmaceutical manufacturing business with 4,000 employees and an annual turnover of $1.3 billion, recognised the need to reshape and upgrade their talent acquisition practices. With a team of over 20 recruiters spanning Asia, Europe, and the US, their goal was to establish a standardised approach to talent acquisition, transitioning from a transactional recruiter model to a trusted advisor partnership.
Transforming Talent Acquisition
Through a successful training program, blending online modules, offline interventions, and group learning formats, the organisation witnessed significant outcomes. They reduced reliance on agency usage due to the effectiveness of their talent acquisition process, resulting in cost savings and increased impact. Furthermore, they embraced employee branding and data-driven decision-making, expanding their learning culture beyond talent acquisition.
This shift in approach brought about promotions of individuals into leadership roles and enabled the business to effectively search for and acquire rare and specialized skills. The success of the transformed talent acquisition function is evident in the significant reduction of open requisitions.