Adding Strategic Value Down Cycle Recruiting

Adding Strategic Value Down Cycle Recruiting

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  Adding Strategic Valuein Down-Cycle Recruiting John Sumser Dimitri Boylan Founder & CEO President & CEO Two Color Hat Avature
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  Housekeeping Today’s webinaris scheduled for one hour Please use the GoToWebinar toolbar to ask questions in the Q&A box I’ll stop periodically to ask the presenters questions posted by the attendees If you’re interested in receiving a copy of today’s presentation, please email [email_address]
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  Introductions John Sumser,Founder & CEO, Two Color Hat Dimitri Boylan – Founder and CEO, Avature MODERATOR – Michael Johnson, Director of Business Development, Avature
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  The Change AlreadyHappened Monster LinkedIN Google Trend Analysis July, 2007 Jan., 2009
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  Agenda Turning RecruitingStrategic in a Down Cycle Evolution and Utility of Social Networks Using CRM to Manage Networks Building the Business Case
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  Down Cycle RecruitingHow not to describe down cycle recruiting Dangerous Patterns of behavior Hit-and-run recruiting Availability focused recruiting no control over quality Reactionary with no strategic dialog with customer Strategic Recruiting Plan, Methodology, and Strategic Behavior The planning process Current workforce x growth x attrition = no. of hires Relationship focused Methodology – that’s responsive to market realities Building talent pools – communities of people with vibrant relationships – need to deliver value first Client Relationship Outcome – Predictability, Forecast Ability, Quality – for high impact recruiting How to harness new tools in a down cycle to be more strategic The social web CRM
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  Social Networks inPerspective Google now at 1 trillion indexed web pages! Unimaginable 10 years ago, what happens 5 years from now? Lots of information about people now on the Internet AND it’s constantly updated. The learning curve for understanding and using Social Networks is manageable. But…the social web is huge and changing rapidly: We think you need a framework in which to understand them And a Strategy for how to use them to get ROI
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  Different Sites, DifferentBehaviors
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  Profiles, Profiles, andBits of Profiles? Consolidated Sites Facebook, Xing, MySpace, LinkedIN http://www.orkut.com (Brazil) Google network. Popular in Brazil and India. No US traction yet. You can specify which sections of your profile are visible – more control over Privacy. Fragmented Sites http://www.ohloh.net/ - commit log based member generation – self description: openly edited open source directory http://www.ohloh.net/accounts/frobtech What have we here? http://github.com/ - - commit log based member generation Access is the issue and as a recruiter you might get flamed to hell Utility Sites Netvibes, Spokeo, Del.ici.ous, Twitter, etc. Twitter, the next Google? – http://lewmoorman.com/googles-first-real-threat-twit Tiny bits of wisdom and reputation
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  Big Factors Affectingthe Social Network as a Recruiting Tool
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  The Character ofDigital Relationships Adoption Dominated by 18-35 yr olds now, everyone else in the next 5 years Platform www.bebo.com Bebo – Skype Integration Limited search by specific criteria makes finding people more difficult and may effect network growth Context www.shelfari.com/ - a site to share what you read –conceptual winner – deep insights into interests and opinions www.lawyrs.net/ - just what you would expect – here size and demographic are the most important parameters
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  A Practical Approachto Discovery Discovery Finding the networks Google Ask your customer where they “hang out” online Setting up the search Trend Analysis http://trends.google.com/ - LinkedIn, Bebo, Xing, Orkut… Making sense of the data and why? Keeping your sights on the relevant sites
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  Strategic Approach toSocial Networks Content Privacy Intimacy
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  Connectors…vital nodes inthe network
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  CRM in theworld of Recruiting Automation Essential for effective utilization of the data becoming available on the web Enabling single interface, simultaneous access to multiple Social Web Sites without the constraints of API’s List Management – ongoing & systematic communication with sets of people Tracking People – meta data – what’s relevant to you? Tagging your connectors Visualization of your network and network growth Surveillance on emerging sites (source analytics, collaboration, multi-site search) Hunting vs. Harvesting Knowing a person’s Web Footprint Turning Cold Calls into Warm Calls The data half life quagmire and the Virtual API
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  Building the BusinessCase – Getting the CEO on board? We are doing things differently because of changes in the marketplace and changes in the Internet and how people use it We are working closely with managers to understand how we can selectively upgrade talent in key disciplines. We’ve done our research and we know who we want, where they are, and how we can get them. We are shifting our emphasis from the reactive mode imposed by high volume recruiting to low volume high impact recruiting. This means less use of Job Boards - where we get mostly mid quality ‘active’ job seekers, to Sourcing off Social Web Sites, where we develop deeper and long lasting relationships with people we think are important to our business success. This strategy is lowering our costs – Job Boards are expensive, and Social Networks are free
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  Thank You We’llnow take some questions. Please type questions into your GoToWebinar toolbar. If we can’t get to your question today, we’ll do our best to answer it offline via email. To receive a copy of today’s presentation, please email [email_address]