Cognitive recruitment tools now can take volumes of data no individual or collection of recruiters could absorb and retain, then rigorously make sense of it and subsequently offer meaningful advice on when and how to apply it.
Machines can learn to intelligently review resume submissions to identify the extent to which an individual has the skills required for a role. Which means, when you open a requisition and get a dozen applications, or a thousand, it can efficiently rank them all on the basis of skill fit. But that is just the beginning.
Consider what it will mean to have a machine learn the contents of your applicant tracking system (ATS). First, by ingesting information on all the applicants who have ever captured or parsed a resume/CV in your ATS. Then incorporating information on how they did in the process, associated assessments, ratings and hiring decisions. Based on its training, it can then draw conclusions on why and how individuals succeed or fail in your organisation’s recruitment process. Then it can analyse any new application you ever receive against those criteria for success and give you a score of the likelihood the individual will succeed in your hiring process and even organisation (depending on whether you have also supplied post-hire performance information for ingestion), instantaneously.
You might be looking at a computer screen that appears almost identical to your ATS screen, but the work going on behind it is far superior.
So you can open a req and have 100 applications in overnight, arrive in the morning to a fully ranked candidate pool accounting for each individuals (1) skill fit to the requirements of the role and and (2) likelihood of succeeding in your organisation.
And, if you feel that is too ‘scary,’ you can get a full explanation of where the data was derived from, the analysis that was undertaken to deem it relevant or otherwise, and so be able to understand any particular recommendation... and that's just the start.
Machines can also learn from your records and data available on job boards, if your role is likely to be easy or hard to fill, where you might find the best candidates and how long in advance hiring activity should commence. Also, effortlessly, a truly cognitive recruitment solution can help you understand how to attract the most desirable talent. Using social listening and analytics, it can discern your current employee opinion/brand reputation and compare that with competitors' brands and employee opinion. So you, the recruiter, have ready access to top tips on how to ‘sell’ your organisation to your top candidate, focusing on your organisation’s strengths and competitors weaknesses.
I am confident this sort of information will significantly accelerate recruiter decision-making and candidate management, resulting in a more efficient and positive recruitment experience for all. I believe these potential gains should be taken seriously for organisations that are competing for talent (aka most organisations).