how best-in-class companies address talent gap challenges | talent connect vegas 2013

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Roli Saxena Global Director Product Consulting LinkedIn How Best-in-Class Companies Address Talent Gap Challenges

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As talent acquisition professionals, we are faced with an ever-expanding talent gap. Learn effective strategies to address this solution in three core pillars. Subscribe to the LinkedIn Talent Blog: http://linkd.in/18yp4Cg Follow the LinkedIn company page: http://linkd.in/1f39JyH Tweet with us: http://bit.ly/HireOnLinkedIn Learn more about LinkedIn Talent Solutions: http://linkd.in/1bgERGj

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Page 1: How Best-in-Class Companies Address Talent Gap Challenges | Talent Connect Vegas 2013

  Roli Saxena

  Global Director Product ConsultingLinkedIn

How Best-in-Class Companies Address Talent Gap Challenges

Page 2: How Best-in-Class Companies Address Talent Gap Challenges | Talent Connect Vegas 2013

How Best-in-Class Companies Address Talent Gap Challenges

Panelist Introduction

What is the Talent Gap?

Emerging Trends to Solve Talent Gap Challenges Proactive Sourcing Internal Mobility University Relations

Panelist Q&A

Closing Remarks

Audience Q&A

 Agenda

Page 3: How Best-in-Class Companies Address Talent Gap Challenges | Talent Connect Vegas 2013

Rachel RombaTalent Strategy Consultant, Global Accounts

LinkedIn

Suzanne SinclairDirector Talent Acquisition

Allstate Insurance

Ozzie MezaHR Manager, Talent Acquisition Strategic Services

Allstate Insurance

Page 4: How Best-in-Class Companies Address Talent Gap Challenges | Talent Connect Vegas 2013
Page 5: How Best-in-Class Companies Address Talent Gap Challenges | Talent Connect Vegas 2013

June 2012, Mckinsey Global Institute Report

2020 SHORTAGE

38 million - 40 million College graduate talent

2020 SURPLUS

90 million - 95 million No College degree

Page 6: How Best-in-Class Companies Address Talent Gap Challenges | Talent Connect Vegas 2013

Talent on

Demand

ProactiveSourcing

Internal Mobility

University Relations

1

2

3

Talent on Demand Model

Page 7: How Best-in-Class Companies Address Talent Gap Challenges | Talent Connect Vegas 2013

Talent Gap Solution:Proactive Sourcing

 Proactive talent sourcing is the skill of identifying, pipelining, and

engaging with candidates before the job is available.

Page 8: How Best-in-Class Companies Address Talent Gap Challenges | Talent Connect Vegas 2013

LinkedIn Talent Pipeline meets strategic need for pipelining and passive candidates

LinkedIn

ATS

Resumes

Dat

abas

eSpreadsheets

Folders

Confe

renc

es

E-mailsocial

ApplicantsWebsite

Agencies

Video

Referrals

Talent Pipeline ATS

Passive Candidate

Active Candidate

• Job Board• Website

• LinkedIn• Searches• Referrals• Conferences• Events

1ProactiveSourcing

Page 9: How Best-in-Class Companies Address Talent Gap Challenges | Talent Connect Vegas 2013

Research and Sourcing are very different yet

complementary

Page 10: How Best-in-Class Companies Address Talent Gap Challenges | Talent Connect Vegas 2013

Principled approach to “smart” sourcing

Proactive talent identification

Monitor and assess labor trends and pools

Act as an information center

Research team is responsible for:

1ProactiveSourcing

Page 11: How Best-in-Class Companies Address Talent Gap Challenges | Talent Connect Vegas 2013

Local Survey Data Dallas County United States

Expect to lose my job in 12 months 44.33% 50.66%

I am good at fixing things 50.33% 51.42%

I consider myself creative 61.20% 63.72%

I worry about violence and crime 61.48% 63.72%

It is important a company acts ethically 66.80% 74.91%

I look at the work I do as a career, not a job

42.71% 41.80%

“Type M” Personality Traits Dallas County United States

Type M Above Average 23.39% 23.89%

Type M Far Above Average 14.81% 18.78%

Affectionate, Passionate, Loving 33.29% 31.05%

Kind, Good-hearted, Warmhearted 43.89% 45.14%

Sociable, Friendly, Cheerful, Likable 33.08% 31.40%

1ProactiveSourcing

Targeting “nurturers” for hire

Page 12: How Best-in-Class Companies Address Talent Gap Challenges | Talent Connect Vegas 2013

Talent Gap Solution:Internal Mobility

 Is a strategic internal process for managing the flow of talent from one job to another, vertically or horizontally, within an organization

Page 13: How Best-in-Class Companies Address Talent Gap Challenges | Talent Connect Vegas 2013

Internal Hiring Volume

United States Global Average0%

20%

40%

60%

80%

100%

4%8%

56% 46%

39%46%

Increase

Same

Decrease

“Comparing 2012 to 2013, how do you expect the volume of internal hiring to change?”

2Internal Mobility

Employers value internal hiring – 92% are investing in it more or at least the same YOY

Page 14: How Best-in-Class Companies Address Talent Gap Challenges | Talent Connect Vegas 2013

Allstate’s internal hire averages increased 2012 to 2013

Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep.0%

10%

20%

30%

40%

2013 % of Total 2012 % of Total 2013 Avg. 2012 Avg.CEB Avg.

2Internal Mobility

CEB

2013

2012

Page 15: How Best-in-Class Companies Address Talent Gap Challenges | Talent Connect Vegas 2013

Talent Gap Solution:University Relationships

 A strategic approach to identifying, attracting, or creating top talent within an education pool to meet business needs

Page 16: How Best-in-Class Companies Address Talent Gap Challenges | Talent Connect Vegas 2013

University relations is about developing a mutually-beneficial partnership

Virtual

Branding

Higher Impact to Influence

Lowest Impact to Influence

Strategic Relationship

Influential Relationship

Level 3

Level 2

Level 1

3University Relations

Page 17: How Best-in-Class Companies Address Talent Gap Challenges | Talent Connect Vegas 2013

Leverage Data to Inform Decisions on Universities and Talent Pools

3University Relations

Page 18: How Best-in-Class Companies Address Talent Gap Challenges | Talent Connect Vegas 2013

Technology helps stay engaged  LinkedIn CheckIn: Never Miss an Event Lead Again

18

3University Relations

Manage Pipeline in LinkedIn Recruiter and connect offline interactions with an online network

Page 19: How Best-in-Class Companies Address Talent Gap Challenges | Talent Connect Vegas 2013

Build an holistic strategy to address Talent Gap -- But start with capability first!

Build a culture of Proactive Sourcing both Internally and Externally

Don’t ignore future professionals --- engage with students and Colleges!!

Talent Gap is Real – Status Quo is not an option!

Talent on Demand

ProactiveSourcing

Internal Mobility

University Relations

1

2

3

Page 20: How Best-in-Class Companies Address Talent Gap Challenges | Talent Connect Vegas 2013

Rachel RombaTalent Strategy Consultant

LinkedIn

Suzanne SinclairDirector Talent Acquisition

Allstate Insurance

Ozzie MezaHR Manager, TA Strategic Services

Allstate Insurance

Roli SaxenaGlobal Director Product Consulting

LinkedIn

LinkedIn: www.linkedin.com/in/rachelromba

Twitter: RachelRomba

Email: [email protected]

LinkedIn: www.linkedin.com/in/suzannesinclair

Twitter: SuzannMSinclair

Email: [email protected]

LinkedIn: www.linkedin.com/in/ozziemeza

Twitter: ozziemeza1

Email: [email protected]

LinkedIn: www.linkedin.com/in/roli1

Twitter: rolisaxena

Email: [email protected]

Global Recruiting Trends Reports: lnkd.in/globalrecruitingtrends

Page 21: How Best-in-Class Companies Address Talent Gap Challenges | Talent Connect Vegas 2013