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ASTD 2010 Conference TalentJuncture Slides on Why the Recruitment market is stil flat.
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talentjuncture.com | [email protected] | +27 83 632 1380
ASTD 2010
Presented By: Leonie Pentz
Global Executive Search
The world is still round but the (recruitment)
market is already flat...
- Hermawan Kartajaya, President of World Marketing Association
A bird’s eye view : How did the
market become flat?
•Digitalization
•Globalization
•Futurization
...hierarchies are being flattened and value isbeing created less and less within vertical silosand more and more through horizontalcollaboration.
--Thomas L. Friedman
Author of The World is Flat
Digitalization:
a horizontal collaboration
Globalization: a borderless world
… The world has already attained the position of being effectively without borders.
-Kenichi Ohmae
-Author of The Borderless World
Futurization : an individual focus
BEFORE: Uninformed/ Uneducated
customers = Vertical Marketing
NOW:Clever customers = Horizontal
marketing
How do we adapt?
NEW Horizontal Market OLD Vertical Market
Communication Segmentation
Confirmation Targeting
Clarification Positioning
Codification Differentiation
Crowd Combo Marketing mix
Co-Creation Product
Value Price
How do we adapt?
NEW Horizontal Market OLD Vertical Market
Community Activation Place
Conversation Promotion
Commercialisation Selling
Character Brand
Caring Service
Tack the sails!!
HR: friend or foe?
Worst recruitment mistakes
• Flat recruitment advertising
• Inefficient recruitment processes
• Wrong recruitment partners
• Time to hire is way too long
• Treating (EE) candidates as if they are stupid
Case study 1. Belden Europe
• Identified recruitment process as inefficient
• Set target to reduce time to hire to 65 days from sign-off (from 130 +days)
• Chose Head Hunting company as recruitment partner for scarce skills
• Got Senior Management involved
• Reduced time to hire to 83 days in six months
Case study 2: Large Tobacco co,
South Africa
• Employer brand vs. Consumer Brand
• Employ for attitude (future fit)and train for skill
• Engage staff
• Drive recruitment policy from top down
• Partner with Head Hunter
• Buddy system, Coaching, Training
Recipe for success: advertising
• Print media vs on-line
• Selling vs engaging
• Community activation:
– Community sites
– Targeted industry websites
– Blogs
Recipe for success: advertising
• Brand vs. character
• Service vs. caring
Recipe for success: Process
• Drive process from top
• Human Resource Department vs. Hiring Manager
• First interview: Say WHAT?!
• Be realistic;
– Salary Surveys
– Industry Research
– Timeframes
– EE targets
Recipe for success: The ideal
Recruitment Partners
• Executive / Scarce Skill Search Partners vs. general recruitment vendors
• Head Hunter track record: success, integrity values
• Head Hunter access to decision makers and crucial (confidential) information
• Hands off agreements
Recipe for success: Timelines
• Agree and commit to timelines with HR, Hiring Managers and recruitment partners
• Ensure all candidates are communicated with and regretted timeously and courteously
Recipe for success: Which Recruitment
Methodology?• Consider EE targets, Scarce skills, Timelines
Recipe for success: Communicating
effectively in a flat market
• Head hunted candidates vs job seekers
Recipe for success:
Communicating in a flat market
• Will your favourite candidate choose you??
In a flat market the individual rules
• www.talentjuncture.com