Fearless Forecast – 2014 & Beyond
Kevin Wheeler
Conflicting Worlds
WHENEVER-Batch processing
-Lag between start & finish-Fundamental Assumption:
Past & Future similar-Complex World
NOW-Streaming
-No Lag between start & finish-Fundamental Assumption:
Past & Future different-Chaotic World
FROM TO
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GOAL: Finding Information in the Noise
We are overwhelmed with words, pictures, numbers, videos.
Making sense of things is harder and harder to do.
Candidates are hard to find & assess –
jobs are changing.
99% of information is noise.
“94% of job seekers find the Employer’s perspective useful in their decision making process.”
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OR: Finding the right candidates & jobs among the thousands
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Big Data & Analytics
Social Network
Web Info
ResumesDatabase
Social NetworkTweets
Resume
Data Scientist
“the sexiest job in the 21st century” -Harvard Business Review
Analytics – Getting useful information from varied data; finding, patterns, establishing probabilities.
Big data- All information available.
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How do big data & analytics change recruiting?
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Sourcing will become how we draw information from candidate data
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”The web is your CV and social networks are
your references.”
Search will be composed of a mix of structured and unstructured, aggregated and integrated data, streaming and static data.
Employers will make decisions about candidates based on everything about them on the web.
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For Candidates
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-Ability to forecast job success & even level of performance.-You can target candidates now based on their demographics and location.
http://www.glassdoor.com/employers/social-recruiting/recruiting-insights
For Recruiters
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The Web becomes your BRAND
What potential candidates say matters – A Lot
For Companies
Social Media and your Employer Brand
Facebook Page
Your existing employees – and their friends and family – are your biggest fans!
TwitterMeet new people
InstagramPromote your employer brand with new methods!
YoutubeCompany videos are a great way to illustrate work culture.
GlassdoorLeverage your company page.
Dynamic, streaming, cheap
LinkedInLeverage your company page.
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Social Media Influence
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Gamification
Seamless User Interfaces
Apps
Candidates & Hiring Managers are Center
MicroXctions
Mobile Grows Exponentially
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Mobile makes job search even more fast paced and is a prime source for streaming data.
Candidates are now able to search for jobs on their phone. Information is much more accessible.
In a survey from Glassdoor, 89% of employees who admit they’ll look for a new job in the next year say their mobile device is an important tool and resource for their job search.
http://www.glassdoor.com/blog/infographic-rise-mobile-job-search/
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GD Mobile Visuals:
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Employer Profile Recruit via JobAds
Influence candidates deciding
to work for your company
Target ideal candidates that ARE NOT aware of your
company
Glassdoor Social Recruiting Solutions
The Result | MORE HIRES, BETTER QUALITY
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Analysis & Forecasting – Key 21st Century Skills
-Ability to influence, use, and interpret data from sites such as Glassdoor & TalentBin
Competencies
-Ability to leverage social media to create interest and engagement.
-Skill at using assessment tools to predict candidate performance
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Forecast for 2014
-Ability to put your entire process on mobile platforms will be more important than ever.
Mobile
-Setting up easy ways for anyone to recommend candidates to you.
Crowdsourcing
Online Assessment
-Better analytics, games, simulations will slowly start to replace many interviews.
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Forecast for 2014
-Replaces most “static” forms of information
Social Media
-Instagram, Pinterest, Twitter, Facebook will all be more and more core to success.
Tools
Recruiting becomes a DYNAMIC, Realtime,
all-the-time, process of scanning, analyzing,
and assessing
Jobs are DYNAMIC, evolving, global and highlyVaried.
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