In actual or logical term -
Recruitment - An approach where in CVs are invited for a vacancy
Selection - Screening in of only relevant or best matching candidates
Hiring process - Time frame from the period of requisition of man power being made till the person actually joining.
Talent Acquisition - Acquiring of talent (and not the candidate)
Here we focus on talent that the person possess and not just the educational background or the experience / working years he has.
To be very simple in my terms, it is about attracting, recruiting, inducting and making use of right talent for your job.
Say for eg: I have a talent for creative writing but do not possess any certification or degree in this field. A person who is recruiting might not be interested in my profile. But a talent Acquisition person who is looking for talent might want to try my skills.
I had an article published in IMT-Ghaziabad's annual magazine which I would like to share.
I have attached the PDF of the magazine, just scroll down to the topic named -
"Talent Acquisition Strategies in 21st Century"