Upload
nasscom
View
2.946
Download
0
Embed Size (px)
DESCRIPTION
Presentation by Nishant K. Rao, Managing Director, LinkedIn India at NASSCOM HR Summit 2014.
Citation preview
©2013 LinkedIn Corporation. All Rights Reserved.
Talent & the next-gen HR professional in the SMAC world
NASSCOM HR Summit, Chennai
Nishant Rao – Managing Director, LinkedIn India
www.linkedin.com/in/nishantrao
@nishrao
©2013 LinkedIn Corporation. All Rights Reserved. inmaps. linkedinlabs.com
Nishant RaoGeneral manager & tech entrepreneur
LinkedIn | Internet | Gurgaon, IndiaConnections: ~2500+ | Endorsements: 350+
www.linkedin.com/in/nishantrao
@nishrao
©2013 LinkedIn Corporation. All Rights Reserved.
My aspiration: To take TA & HR from back-office to boardroom
The good… The bad… The ugly …
Sources: 1. PWC 17th Annual CEO study (www.pwc.com/ceosurvey)2. LinkedIn Talent Trends survey 2013 (http://www.slideshare.net/linkedin-talent-solutions/global-recruiting-trends-2013-global-final)3. CII India Skills report (http://www.cii.in/PublicationDetail.aspx?enc=YW8drGDOtkyh75NmNOFWDJoJZxinduaCg/XmU4nENAw=)4. PWC & LinkedIn Adaptability Score Research (http://www.pwc.com/gx/en/hr-management-services/publications/talent-adaptability/index.jhtml)
• Poor talent alignment costs Indian firms Rs.508 Bn
• Rs.22 Bn in unnecessary recruitment costs
• Short-term resignation rate for India is ~17%
50-66% of India’s graduates deemed unemployable
©2013 LinkedIn Corporation. All Rights Reserved.
What does this mean for the HR professional?
Think strategy, not process…start with
clarity on the right outcomes to drive
≠
©2013 LinkedIn Corporation. All Rights Reserved.
Social – Engage employees to build an awesome employer brand
Hacker-in-chiefideapreneur
1% increase in Talent Brand Index can generate a 1.5% increase in acceptance rate, and a 1% decrease in short term resignations
©2013 LinkedIn Corporation. All Rights Reserved.
Mobile – Leverage technology on-the-go for greater efficiency
Projects on the go
30% of job views & apps coming via mobile…means expectation of faster turnaround by recruiters & need to shore up mobile presence
©2013 LinkedIn Corporation. All Rights Reserved.
Analytics – Unlock data-driven insights to think strategically!
Awareness of internal mobility options among professionals rank near bottom (8-14% responses). Can you capitalize on such insights?
Talent Flows Talent Pools Internal Mobility
©2013 LinkedIn Corporation. All Rights Reserved.
Cloud – Collaborate within team & be proactive
Social Employee Referrals
Improved succession planning
Pipeline mgmt & smarter tracking
• Referral candidates 54 times more likely to result in a hire than job board app • Warm talent in pipeline 3x more likely to apply Vs. non-engaged candidate
©2013 LinkedIn Corporation. All Rights Reserved.
The boardroom awaits…are you ready?
Focus on QUALITY Vs. quantityThink STRATEGY Vs. operations / processBe PROACTIVE…leverage SMAC and act now!
Transforming the way Indian companies hire, market & sell
Questions?
www.linkedin.com/in/nishantrao
@nishrao
1 of every 2 professionals on the planet (300M+) is LinkedIn. Are you?
26M+ in India