Zero Talent Waste - What and Why?
Zero Talent Waste is a concept that we have adopted and use within the talent acquisition and management industry. Many do not understand the true meaning behind it. The literal meaning is to avoid the waste of any talent, however, to us they are more than words and more about a mission and what can truly be achieved when adopting this mantra.
What is Zero Talent Waste?
Zero Talent Waste at its core is about ensuring that every organisation oversees and implements talent acquisition and/or talent management processes that ensure fair, accurate and non-discriminatory assessment of all candidate’s and/or employees. It is a new way of thinking when it comes to screening and selection, something both us at Assessio and Inpsyght Consultancy get behind.
Psychometrics, as a scientific method of evaluating candidates is becoming more and more common in recruitment. As discussed in a previous blog, their validity is unrivalled when predicting job performance. With various assessments on offer you can quickly gain an accurate picture of a candidate’s potential, risks and culture-fit. Commonly psychometrics are applied to only the shortlist of candidates in order to see who will truly be suitable for a role or certain tasks, but is this enough?
We believe that is not enough. Not utilising the power of psychometrics until final selection can lead to many talented candidates slipping through the recruitment process. Our gut feeling, something we often rely upon when reading a CV or a personal letter, is unproven and how can it possibly know the potential of a candidate?
At times we can become overwhelmed by the sheer volumes of applications. This leads recruiters without adequate time to read all the applicant’s information. We then risk losing talented candidates that could have been top performers in our organisations, future leaders and more. What if your shortlist could consist of the best possible candidates in the fairest way possible?
Why Adopt Zero Talent Waste?
Here are the cornerstone points of Zero Talent Waste:
- Non-discriminatory – using psychometrics ensures objective analysis and removes the risk of discrimination.
- Fair Assessment – everyone should be given an equitable opportunity to demonstrate their potential.
- Equality and Diversity – encourages a higher probability to end up with a gender and ethnically equal workforce.
- Accuracy – you’ll get the most suitable candidate for a certain task, project or position.
We are passionate about this because we want everyone in the job market to get a fair chance of succeeding. A fair chance of being assessed and a fair chance not to be discriminated against because of something that has no bearing on their ability to perform the job. To us, it means to get the right candidate for the right position with no focus on the demographics. We simply want to identify candidates who have the highest potential, lowest risks and best cultural fit. To achieve it we must assess candidates as early as possible by applying psychometrics – but in order to be able to do so, it must be affordable.
At Inpsyght Consultancy and Assessio we are committed to providing affordable test solutions to all organisations. We provide access to a state-of-the-art testing platform Ascend. Ascend contains all our robust and validated psychometric assessments to ensure the best evaluation of all candidate’s performance, risk and culture-fit to help you achieve Zero Talent Waste.
This blog was co-written by both us at Inpsyght Consultancy and Haval Blomsweden, Head of International Partners – Assessio.
To learn more about the psychometric tests we provide, use the following link: https://www.inpsyght.co.uk/solutions/
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