COGNITIVE ANALYTICS

For The Perfect Hire In The Shortest Time

Build Better Teams to Gain Competitive Advantage

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Introducing Speakers

Host Speaker :Sanjoe Tom Jose,

Chief Executive Officer and Co-Founder, Talview

Sanjoe founded Talview in 2012; he has been driving the vision and strategy since its inception. He is responsible for new initiatives and product strategy at Talview. He is passionate about building technologies especially leveraging smartphones, which can influence the world.Previously, he has worked with MNCs like National Instruments and L&T. He was part of the core team that built excellent cloud-based tech applications. He is an Engineer from Cochin University and an MBA from IIT Bombay.

Guest Speaker:Gaurav Vasu,Functional HR Analytics Lead, HCL Technologies

Gaurav is a Research and Consulting professional with over 11 years of experience across industry verticals with specialization in IT services and BPO industry. He is adept in converting a business problem into an opportunity through implementable research and consulting solutions.He specializes in providing growth consulting strategies through market entry, location analysis, merger & acquisition strategies, talent supply mapping, compensation & benefit analysis to outsourcing firms.

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About Talview▪ Talview is a leading recruitment technology platform built to help

organizations to build better teams faster. It was founded in 2012. We work across industries with clients including many Fortune 500 companies. Industries we cater to includes top technology, pharmaceutical and retail companies.

▪ Some of our clients:

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Talent EngagementEngage and attract best talent; build an on-

demand talent engine

Candidate InteractionAn application to manage entire candidate

lifecycle and automation of recruiter activities

Proctored Video AssessmentsA complete video interview suite comprising

of Automated, Live, & Proctored Tests.

Talent Insights Beta

To provide insights and to reach out to accurate talent with Cognitive Analytics

powered by IBM Watson

Products

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Contents▪ Identifying Hiring Pain Points▪ Analytics - Understanding Industry Perception▪ The Journey from Data to Analytics▪ Illustrating Examples of Predictive HR Analytics▪ Cognitive analytics-based hiring solution▪ What’s Inside Talent Insights?▪ Search, Screen, Select, & Onboard Candidates▪ What are the benefits?▪ Technology Used▪ Candidate Report Snapshots

Addressing Present ScenarioProblem statement and statistics

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Today’s Hiring Pain Points►Talent availability is one of the top 3 concerns of Fortune 1000 CEOs

►Long time to hire ~50 to 80 days: 50% is time to source, 50% is to screen and select

►Poor quality of resumes ~27% fidelity

►Low Efficiency: Hiring Managers spent ~23 hrs per offer, Average Recruiters gives 5 offers per month

►Poor predictability in onboarding ~20 to 45% dropout

►Accuracy of Hire: multiple objectives, many ignored ~10% infant attrition, ~26% poor performers

►Is Cognitive Analytics a Solution?

Revolutionizing the Way HR is RunThe Journey from Data to Analytics

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Data to Reporting to Analytics – How It Happens▪ HR is slowly seeding analytics into processes/practices to move from

Descriptive Analytics to Predictive Analytics. ▪ And finally to Prescriptive Analytics for employee level initiatives to

align HR actions and strategies.

▪ “What has happened?” – Descriptive Analytics, which use data aggregation and data mining techniques to provide insight into the past and answer:

▪ “What could happen?” – Predictive Analytics, which use statistical models and forecasts techniques to understand the future and answer:

▪ “What should we do?” – Prescriptive Analytics, which use optimization and simulation algorithms to advice on possible outcomes and answer.

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Prediction models to forecast employee level attrition, projected diversity trending and key HR

metrics for competitors

Correlation of various HR metrics such as Passion/Attrition to Rating, Hikes, SSD etc.

Proactive advanced HR reporting (Critical metrics for key accounts)

Static/Lag Reports

Attrition Prediction Model Level of Reports

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Illustrative Examples of Predictive HR Analytics

Advanced Integrated HR Reporting on through tools such as Qlikview, Tableau or Lumira

Workforce Forecasting Model• Skill & Service

Line based demand forecasting across service lines/levels/gender impacting Hiring TAT through proactive demand pipeline creation

Fulfillment Model• Identify right

employees for projects through skill/past performance to impact Retention, Utilization and Aligned learning

Capability Forecasting Model• Identify right

employees for projects through skill/past performance to impact Retention, Utilization and Aligned learning

Attrition Prediction Model

• Predict probability of employees to leave at individual level

Recruit Pre-Join

New Hire Deploywww.talview.com

Talview Talent InsightsA scalable cognitive analytics-based hiring solution for all businesses

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Talview Talent Insights – As a Solution►A tool that can understand what kind of employee the hiring manager is looking

for.►Look for profiles which are best matched for the profile by breaking down

candidate's skills and professional experience.►Collect additional information through online assessments, video interviews, and

digital footprint with minimum intervention►Get an insight into his/her personality attributes based on industry validated Big

Five Model, Intrinsic Needs & Values, and his/her motivation & confidence level. ►Provide an understanding on body language & communication skills►Keep them engaged through out & predict joining probability

Multi Quadrant Report:The report provides a visually light, actionable insights based on candidate’s video responses, resume, essay tests and digital footprint.Helps you perform multi-objective optimization with ease - best hiring decisions ever.

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What’s Inside Talent Insights?Understanding the process behind finding accurate candidates

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Search and Match Candidates▪ Talview Talent Insights understands specific

characteristics the line manager is looking for and looks for profiles which are best matched for the role

▪ It breaks down a JD to skills, competencies, and personality attributes. Then match those with attributes of candidates;

▪ Build a pool of candidates who are a first-look-fit for the role in hand.

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Screen Candidates to Establish Fitment▪ Once a pool of candidates with basic fitment is

created it confirms candidate interest & enrich candidate profile to establish the best match

▪ Technical-analytical ability is analyzed with Video Proctored Assessments which is a comprehensive platform with objective tests, code tests, typing tests etc equipped with world’s best proctoring capability

▪ Analyzes his/her personality attributes based on industry validated Big Five Model, Intrinsic Needs & Values and body language & communication skills leveraging video interviews

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Select Candidates Objectively▪ Candidate Insights has helped you boil down the

entire candidate pool to a few▪ Each of them can now be compared objectively

on all facets of their candidature▪ The best candidates are presented to the line

manager in a visually appealing, multi quadrant format

▪ He/she can schedule an online video interview (or offline) in a few clicks or even send it to the talent acquisition team directly for an offer

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Onboard Candidates in a Delightful Approach▪ One of the biggest challenges of an organization

is knowing how many candidates you have sent out offer letters to will join and how to drive up the joining rate.

▪ Talview Talent Insights predicts the joining probability of each candidate and helps you to drive up engagement of candidates using Talview Talent Engagement tools to improve the conversion.

What are the benefits?What are you getting out of using Talview Talent Insights

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How does it help you?▪ Reduce time to hire by upto 80%

▪ Overcome dependence on poor quality resumes

▪ Save resource time by upto 60%

▪ Backs up hiring managers’ intuition with data driven analysis, multifold improvement in quality of hire

▪ Guides hiring managers in areas to focus on, soft skills judgment and in objective evaluation

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How does it help you?▪ Provides a comparison tool to make

decisions optimizing multiple objectives

▪ Improve predictability of filling a position

▪ Provides a chance for the candidate to be more than just a resume

▪ Build better teams and gain competitive advantage

Technology UsedHow does the tool arrive at the report it brings to you

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•Personal Attributes •Actionable Insights•Big5 Values & Needs Matching

Personality Insights

•Multiple Objectives •Easy Comparison •Pareto Optimization

Objective Comparison

•Linguistic Analysis•Social/Emotional Cues

Tone Analysis

•Pattern Recognition•Concept Tagging•Relation Extraction

Concept Insights

•Autocorrect Grammar •Check Language Structure•Keyword Detection

Speech Recognition

•Sentiment Analysis•Emotional Analysis•Keyword Extraction

Answer Relevance

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Talview Candidate InsightsGain competitive advantage through better teams…

Candidate Report Snapshot

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Candidate Report Snapshot

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Candidate Report Snapshot

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Actionable Visual Representation

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Mark SamuelSolutions Expert, Talview | mark.samuel@talview.comSanjoe JoseCEO, Co-Founder, Talview | sanjoe@talview.comGaurav VasuFunctional HR Analytics Lead, HCL Technologies | gauravl.v@hcl.comGet In Touch – We’re friendly and social!

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