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LinkedIn – A different way of a3rac5ng and pipelining talent
Mar5n Kammenhed Enterprise Sales Manager LinkedIn Nordics
The Talent Economy
LinkedIn Mission, Members, Our Industry
AGENDA
OUR MISSION “Connect the world’s professionals to make
them more productive and successful”
Everywhere Work wherever our members work
Insights Be great at what you do
Iden5ty Connect, find and be found
THE VALUE LINKEDIN BRINGS TO MEMBERS
Highest educated, most affluent and influen5al members of any network globally
Sales Turn cold calls into warm prospects
Marke5ng Connect most effec5vely
with professionals
Talent Let the plaSorm power
current processes
WHY COMPANIES ARE TURNING TO LINKEDIN
Social Ac5ve Job Seekers Social / Passive / Ac5ve Ac5ve Job Seekers
Social PlaSorms
>80%
238+M
<20%
Social | Ac5ve | Passive
Reach the best candidates, not just the ac5ve
Recruitment Solutions
Passive
Ac5ve
OUR INDUSTRY
+ 238 000 000 Registered members (JUNE 2013)
8M+ Canada
83M+ United States
14M+ La5n America 25M+
Asia Pacific
74M+ Europe
4M+ DE
4M+ Italy
5M+ France
4M+ Spain
4M+ NL
11M+
UK
19M+ India
4M+ Nordics
+5-‐6M per Month Recruitment Solu5ons
+30M students & recent grads
THE FIRST GLOBAL PROFESSIONAL BUSINESS NETWORK...
2M+ S. Africa
Welcome to the Talent Economy
9
What is the single most important driver of long-term value creation within a company?
Talent
WHAT CAN POTENTIALLY HAPPEN IF YOU HIRE THE WRONG PEOPLE...?
• Hasselblad • Kodak • SAS • IBM • Monster
WHAT CAN POTENTIALLY HAPPEN IF YOU HIRE THE WRONG PEOPLE...?
WELCOME TO THE TALENT ECONOMY
v Fundamental shi@ in the way companies compete (…also for talent)
v Passive candidates require an acKve recruitment approach
v Employers need to build their brand
v Every employee is a recruiter
Talent organizations are shifting to more efficient strategies
Agency reliance, Reactive
Sourcing excellence, team-wide pipelining
Internal and external talent engagement
Post-and-pray Targeted engagement Engage everywhere, including mobile
Employees as talent brand ambassadors
Success metrics
World class marketing of talent brand
Talent data guides business strategy Developing
Foundational
Strategic
Early emphasis on passive talent
Job board and social recruiting
Defined Employer Value Proposition Traditional
Segment-specific campaigns
13
Talent organizations are becoming more strategic
Reactive: High cost
Labor-intensive Applicant quantity focus
Req to req process
Developing
Foundational
Strategic
Traditional
Strategic: Low cost Efficient
Quality of hire focus Proactive pipeline-based process
14
LinkedIn helps organizations hire more qualified talent
Moving the needle:
Clients who adopt the LinkedIn Core Solution see a
65%+ increase in hires sourced through LinkedIn
Hiring the right people:
New employees sourced through LinkedIn are up to
40% less likely to leave within the first six months
15
16
WHAT PROBLEM DO WE SOLVE?
Headhunters
Help wanted
100X
10-‐25%
• Low volume • High cost • High quality
• High volume • Low cost • Low quality
Execu5ve search
Job Boards
WHAT PROBLEM DO WE SOLVE?
WHAT PROBLEM DO WE SOLVE?
>80%
238+M
<20%
WHAT PROBLEM DO WE SOLVE?
Passive Candidates
Brand
Source
Manage
Measure
Employer of choice
Engage
Create your talent pipeline
Understand your process
Talent Solutions