Digitalisation tools fit for true development of talent

Recent studies reveal that approximately two-thirds of Vietnamese companies are already looking to leverage digital recruitment tools, AI, and online training platforms to gain a competitive edge in talent acquisition and development.

Ivan Loo, associate director, Talentvis

The statistics speak volumes about the transformative power of digitalisation in the workplace. Companies that embrace these technologies experience significant benefits, from improved efficiency and cost savings to enhanced candidate experiences and better talent retention rates. In today’s fast-paced business landscape, staying ahead of the curve is crucial, and adopting digital recruitment and employee management solutions is key to remaining competitive.

However, despite this wave of digital adoption, nearly one-third of Vietnamese companies are falling behind on modern recruitment tools and processes. These companies risk being left behind in the competitive talent landscape, as they cling to outdated recruitment methods and manual human resources processes. Ultimately, our findings suggest that failure to adapt to the new wave of digitalisation could result in inefficiencies, missed opportunities, and difficulties in attracting top talent.

Fortunately, there is a wide variety of digital tools and services available to help Vietnamese companies modernise their recruitment and employee management practices to stay at par with the market. For example, integrated HR platforms provide end-to-end solutions for managing HR processes, from recruitment to employee development. By centralising data and automating tasks, they enable companies to improve efficiency and decision-making.

Consultancy firms specialising in executive search can also help companies identify and recruit top-tier talent for leadership positions. Through targeted search strategies and rigorous candidate assessment, these services ensure companies find the right leaders to drive organisational success. Employee training and development are also critical for maintaining a skilled workforce. Digital learning platforms offer flexible and interactive training programmes that empower employees to learn at their own pace, anytime, anywhere.

Why should Vietnamese companies embrace digitalisation? Doing so in recruitment and employee management offers numerous benefits for Vietnamese companies.

Firstly, embracing digitalisation equips Vietnamese companies with tools that automate repetitive HR tasks, such as resume screening and scheduling interviews. This automation saves time and also minimises the likelihood of errors, ensuring that resources are allocated efficiently.

Secondly, digitalisation creates a conducive work environment where employees have access to real-time data and streamlined workflows. This enables them to complete tasks more accurately.

Moreover, digital collaboration tools enable seamless communication among team members, regardless of their physical location. As a result, projects can progress smoothly, deadlines can be met more consistently, and the company can maintain a competitive edge in the market.

Next, digital recruitment tools revolutionise the hiring process, where jobseekers can easily search for open positions, submit applications online, and track the progress of their applications in real time. Furthermore, digital onboarding platforms streamline the transition for new hires, providing them with all the necessary information and resources they need to succeed in their roles. By prioritising the candidate experience, companies can enhance their reputation as an employer of choice and draw in top talent in the industry.

Along with that, investing in digital learning and development platforms demonstrates a commitment to employee growth and career advancement. By offering access to training courses, webinars, and other educational resources, companies empower their workforce to acquire new skills and stay relevant in an ever-evolving business landscape. This not only increases employee satisfaction but also reduces the likelihood of turnover, as employees are more likely to remain loyal to a company that invests in their professional development. Additionally, digital platforms nowadays can curate courses depending on the needs of the firm, further enabling these companies to pursue opportunities that benefit their market.

In the era of digital transformation, Vietnamese companies must embrace the new wave of digitalisation to remain competitive and drive sustainable growth. By leveraging modern recruitment tools and digital HR solutions, companies can optimise their processes, attract top talent, and position themselves for success in the digital age.

Demystifying the process of digital transformation Many organisations grapple with the concept of digital transformation and the path to successfully executing an initiative. Shashi J, partner of Consulting at EY Consulting Vietnam JSC, talked with VIR’s Hoang Mai about how businesses can achieve a successful outcome.

Fund tweaks to help SME innovation While some businesses are ready to innovate alongside the digital transformation, many admit they do not know where to start and where to find support channels.

Digital transformation and applying AI in journalism In 2023, the government established a national strategy for the digital transformation of media, with the ambitious goal that by 2030, most media agencies in Vietnam must switch to digital. According to this strategy, all Vietnamese media agencies must reconstruct their newsrooms toward digital convergence.