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Talent Acquisition Strategy Stabilize-Revitalize-Revolutionize by Dennis Casely-Hayford 2009

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Talent Acquisition Strategy

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  • 1. Talent Acquisition Strategy Stabilize-Revitalize-Revolutionize by Dennis Casely-Hayford 2009

2. Presentation Overview

  • Strategic Goals
  • Vision
  • Where the talent is going
  • A New Audience
  • Recommendations
  • Web 2.0 Sourcing Strategies
  • Traditional Sourcing Strategies
  • Summary

3. Strategic Goals

  • Develop talent sourcing channels that ensure a diverse pipeline of best-in-class talent by emphasizing and incorporating web 2.0 recruiting technologies with traditional sourcing efforts
  • Source and acquire top talent by maximizinghiring through primary sourcing engines
  • Build a great employment brand and hire the very best performers
  • Develop, analyze, and communicate value-added metrics

4. Inherent in achieving our goals.

  • We must continue to shift from
  • A Reactive Vacancy Driven Model
  • to
  • A Proactive Relationship Driven Model

5. Intake Interviewing Decision Conversion Active Candidates Passive Candidates Larger mass ofpassive candidates unavailable. Pools areassembled almost entirely with activetalent looking for us. Processstarts from standing stopeach time. Allinsightinto candidate credentialsgained after processhas beenset in motion . 1 2 3 4 5 New Hire Little to no emphasis is placed on restocking talent poolswith qualified declined candidates. Reactive Recruitment ModelThe reactive stance of recruiting ignores the larger pool of passive candidates and focuses largely on active candidates. Source: Recruiting Roundtable Research 6. Proactive/Pipeline Recruitment Model The imperative to recruit before you have need to identify the best passive individuals and build strong relationships. Talent Pipelines: Deep pools ofnamed and knowntalent with which we have builtrelationshipsand that can betapped quicklyto fill interview slates High Quality Slates Every 10% improvement in slatequality translates into a 5% improvement in quality of hire. Faster Time to Slate Every 10% improvement in slate quality translates into 3% improvement in time to fill Higher Quality Hires Decreased Time toFill Lower Cost per Hire Source: Recruiting Roundtable Research Organizations are investing in talent pipelines to drive slate quality ...and improve core recruiting metrics Direct Outcomes Ultimate Outcomes 7. Vision

  • Web 2.0is interactive and the next phase in the evolution of the World Wide Web, allowing for greater creativity, information sharing and collaboration among users.Web 2.0 applications include:Social Networks, Podcasts, Blogs, among others.
  • Web 2.0 technologies emphasizes relationship building and can be adapted into an online recruitment campaign to grab and maintain the attention of active and passive candidates.
  • Best-in-class organizations are 52% more likely to recruit using Web 2.0 technologies than laggard organizations. Source: Aberdeen Group 2008

8.

  • To attract talent, you need to go where the talent is going...

9. Where the talent is going SEARCH/PORTAL SOCIAL NETWORKS BLOG/CONTENT VIDEO Source: Alexa TOP 10 INTERNET WEB SITES 10. Search engine marketing tactics, which include search optimization, are effective for branding and sourcingcandidates that use search engines 11. 12. 13. A closer look at the top social networks 14. 15.

  • 275M monthly unique visitors globally
  • 600,000 new visitors per day
  • 6M groups on site
  • Fastest growing demographic is age 35+

by the numbers

  • Employers using Facebook today
  • Social Ads
  • Business Profile Pages-Provide specific details of employment value propositions and employee testimonials
  • Pay per click advertising options

16.

  • 35 millionmembers
  • Adds50,000members daily
  • Average user is41 years old
  • 12 millionvisitors monthly in U.S.

by the numbers

  • Employers using LinkedIn today
  • Candidate Search
  • Job Postings
  • Targeted Email Campaigns
  • Custom Company Profile Pages- Provides recruitment messaging and value proposition
  • Employer Advertising-Online ads pitching candidates to company and current openings

17.

  • Microblogging platform ( 140maximum characters)
  • Focused on Real Time Web-Whats happening now?
  • 32Munique visitors monthly
  • Between4-6Musers each month
  • Employers using Twitter today
  • Increase brand awareness by maintaining a presence on Twitter
  • Have jobs tweeted via twitterjobsearch.com (a job search engine for twitter) by providing a feed of open jobs
  • Leverage tweetmyjobs.com (a job posting distribution service) to send targeted job postings directly to Twitter followers

18. The Blog Revolution

  • Over70Mblogs created
  • 120,000new blogs daily
  • 1.4Mposts daily
  • 184Mbloggers worldwide
  • Employers using blogs today
  • To post company updates, employee profiles, events, and hot positions
  • Post open positions on job posting functionality of blogs to target audience
  • Banner ads on blogs with a link to career site

Foranytopic you can think of (industry, occupation, location), there are many blogs with audiences visiting them regularly 19. by the numbers

  • 258M unique visitors per month globally
  • 100M videos watched daily
  • #3 site in time spent online
  • 40,000 videos uploaded every day
  • 51% of users go to You Tube weekly
  • 56% of unique video viewers
  • 33% of all videos watched online

20. Usage of Video

  • Video Resumes:Candidates are increasingly providing resumes via video
  • Company Videos:Companies are building videos to extend their employment brand
  • Remote Interviewing :An early trend that has significant long-term potential
  • VidCasts :Video Podcasts deliver a variety of information with on-demand videos

21.

  • Okay, so the talent is going to search, social networks, blogs and video...
  • ... so what can we do about it?

22. A New AudiencePassive Job Seekers Active Job Seekers Online video Niche Content Sites Social Networks Blogs Podcasts Job Boards General Search Large pool of untapped talent within new media Search reaches both active and passive candidates Job boards reach active audiences 23. Recommendations

  • WEB 2.0 SOURCING STRATEGIES
  • Create and putcorporate videoon corporate site and You Tube
  • Leverage social mediaby syndicating video on social networks
  • Tap a unique audience withdirect sponsorship of relevant blogsvia banner advertising, job posting, and company blogs
  • Social advertisingon LinkedIn and Facebook
  • Incorporate Twitterinto social media recruiting strategy
  • Use job channelson MySpace and LinkedIn
  • Create abusiness presenceon Facebook, LinkedIn, and MySpace
  • Usesearch engine marketingto drive candidates to career site
  • Give afeed of open jobsto vertical search engines
  • Measure, measure,measureby adding appropriate candidate source and entering source code into sponsored jobs campaign

24. Recommendations (continued)

  • TRADITIONAL SOURCING STRATEGIES
  • Associate Referral Program
  • Internet Sourcing-major job boards, niche websites
  • Preferred partnerships with contingent and retained search firms
  • Leverage recruitment search firms to source directly into competition
  • University Relations partnership
  • Participation in professional association events and industry career fairs

25. Summary

  • We need to know of business requirements well in advance of talent needs
  • Recruitment model must continue to shift toproactive relationship building
  • As the competition for top talent heats up, utilizing emerging technologies will position our recruitment strategy at the top
  • Ensure that web 2.0 recruitment strategies are incorporated with traditional sourcing methods