Can we fly an airplane without navigation and controls?
Before we take off………. “In a few moments, the flight attendants will NOT be passing around the cabin to offer you hot or cold drinks, Also NO breakfast/dinner/supper/a light meal/a snack is offered on this flight. Alcoholic drinks are NOT available at a nominal charge/with our compliments. Now, sit back, relax, and enjoy the flight. Thank you.”
Can you fly your plane without a navigation system and critical controls?
This is just not enough anymore…..
This is what we have been talking about for the last few years….. …To win the “war for Talent” trying to outsmart our competitors…
Major trends impacting talent engagement •
New models for talent, life-time employment has become a dinosaur
•
Average tenure reducing to < 4years
•
Uberization of work, rapid growth of part-time, freelance and contingent •
>30% in US
•
>20% in Europe
•
Power to the skilled workers, 30% say they can find a better job within 60 days…
•
Instant feedback (up/down) is becoming the standard
60% of the people think 7 months in a job means they are loyal
The world we live in… What’s going on?
we can no longer ignore mobile as an engagement tool
Explosion on HR Tech news
We need to understand the reasoning in order to better support our business
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Why is HR Technology becoming such a hot topic? What are the drivers behind this shift
• Major shift by availability of “cloud” based solutions. Bye-bye long and complex implementation cycles… • Standardization of industry protocols allows to better connect and integrate systems (plug and play, standard adaptors to integrate, etc.) • Intense rivalry between top-3 core HR systems (Oracle/PeopleSoft, SAP, Workday) will create a major shift (Workday rapidly gaining market share) • Fast growth of Talent Management solutions (recruiting, training, learning, staff appraisals and collaboration) • One of the biggest growth areas in HR technology is talent analytics, which has the potential to generate big returns on investment for employers • Retention analytics is another growth area. The technology allows companies to predict when talented staff are likely to leave, giving companies the opportunity to intervene to retain them
Over the next 18 months, 60% of companies plan to roll out HR technology solutions, says analyst group Bersin by Deloitte. 12
8 major HR Tech trends that will impact you Mobile is becoming everything, Mobile is the platform, not a platform
Talent experience is the new battleground
Shift from employee system of record to employee system of engagement
Analytics & data science is no longer a product, it’s a strategic driver for HR
Sensing, crowdsourcing & the internet of things, real time
Gamification & robotification is quickly taking over
Video and social is everywhere
Instant feedback, Pulse & measurement has become the new standard
Technology enabled & savy organizations will outpace their peers
Imagine being a talent decision maker….. ✓ The pace of HR change and innovation is at an all time high, ✓ The number of HR Technology options is overwhelming, ✓ Many companies are on large, complex, legacy HR systems, ✓ Your information is often in silos and unexamined, ✓ You want to show you are making a tangible difference, and not losing the war for talent
Tech solutions across all areas of the business Organizational Perspective Targeting
Sourcing
Screening
Selecting
Core HRM system Resume Building
Searching
Connecting
Candidate Experience 15
Applying
Matching
Community
Feedback
Online Platforms Testing
Interviewing Onboarding
Billing
Monitoring
ATS / VMS Workflow Training
Retention
Succession
Tech accelerates the evolution of Talent Attraction Social recruiting
Search Engine Optimization
Diversity Campaigns
Employee & external referrals
Talent Community
Job Distribution
OLD WORLD
Recruitment marketing platform (CRM)
Application Tracking System (ATS)
Talent attraction & engagement
Recruiting events
Workflow of applicants
Mobile Landing
NEW WORLD
Recruitment Metrics KPI Brand / visitor traffic Campaigns Convertions Cost per apply / hire Time to hire Quality of hire Advanced Analytics
• • • • • • •
Overarching talent attraction supported by CRM
A large # of tech solutions are available, and rapidly growing…
CEMPLOYER FOCUS
CANDIDATE FOCUS
SOURCE VisualCV JobHero CandidCareer.com Resum Jobma Imperative Portfolium Jobfax Kloc ONEresume Reppify Tiptal Fyre Careerloaf WeCrewt Mediabistro Smarthires ZAO Workpop Match-click RolePoint Angellist TheLadder Superresume TalentBin Lobaline.com Swoop Careerbuil;der Entelo Monster 3Sourcing CloserIQ Gild
ENGAGE
HIRE
Beansprock Onforce Shortlist Hireview Workmarket Jobbook Hireart Fieldglass Qapa JonOn IQN Talentrooster Majei Beeline Realmatch Apploi Provade Erecruit Gigwalk Vault Textrecruit Designcrowd Bullhorn Glassdoor Talentron Breezy Sovren Twago Checkster Jobdiva ZIPrecruiter Upwork HireAbility OnboardIQ Recruiterbox Jobulon Workmarket Looksharp Skillsurvey Resuator Recrup Taskrabbit Collegerecruiter Jobscore Smashfly LegalHERO Aftercollege Gethired.com Quest Freelancer.com Jozil Teamfit Icims Clinch HourlyNerd JobUK Smarterer greenhouse Indeed LOOP Bountyjobs Prehire Pymetrics Jobs&careers ONGIG Hackertank PLUM Simplyhired Jibe Trueability Hireintelligence Jobrapido Talentcrew Zerpty Github Facebook LinkedIN Stackoverflow
Identifying the right measures and tools…..
CEMPLOYER FOCUS
CANDIDATE FOCUS
SOURCE Career advice & Coaching
Job search organizer
Social CV and resume building
Social Networks
Interviewing scheduling tools
Temp Labor marketplace
Job Marketing distribution
Brand creation Management
Freelance Management Systems
Application tracking system
Campus recruitment Recruitment market place
Job Board aggregators
Candidate Relationship Management
Vendor Management Systems
Resume parsing software
E-staffing
Referral tools
Job Boards
Matching systemns
Video Interviewing
Crowd Sourcing
Employer reviews
Social search
HIRE
ENGAGE
Recommendation and refference
Skill assessment
Psychometrics assessment
DATA INFORMATION KNOWLEDGEINTELLIGENCE
On top of all of this…… Hello Big data…… Innovation Optimization Predicitve moddeling Forecasting Statistical analysis & data mining Alerts Drilldown On-demand reporting Standard reports Data
Evolve Optimal scenario Most likely scenario Examine future posibilities Investigate root cause Manage by exception Exploratory work to investigate issue Reactionary response to business issue Rear view, high level – increase awareness Clean, complete and comprehensive
the HR mission on digital… • Today there are more than 7 Billion mobile devices in the world, and more than 40% of all internet traffic is driven by these devices, yet less than 20% of companies deploy their HR and employee solutions on mobile apps today… • Designing mobile apps, considering the end-to-end user experience are new disciplines for HR, combining design thinking with apps, video, social and mobile technologies is the new norm • Digital HR which brings together social, mobile, analytics and cloud (SMAC) technologies represents a new platform for improving the employee and candidate experience – a true and relevant experience
74% of the HR leaders we surveyed say keeping pace with the rapidly evolving technology landscape is one of their greatest challenges
we have seen an explosion of HR tech deals emerging
We talk, test, play, break-apart, invest and use > 250 new tech platforms each year….. all in the HR tech space
Randstad Innovation Fund:
accelerate the impact of talent through technology Europe's largest freelancer marketplace with more than 255,000 experts in 190 countries
Europe's largest provider of online recruitment marketing services. Qandidate.com is a connected, free-to-use ATS
Local visibility software platform that harnesses the on-demand mobile workforce to provide real-time business intelligence
Allows organizations to host online recruiting and networking events and leverage real-time "many-to-one" chat interaction
Online employee referral platform which maximizes engagement and streamlines the referral experience for employees
All-in-one recruiting platform enabling recruiters to cultivate talent communities, collaborate with stakeholders, engage jobseekers, and hire the best talent
Enables organizations to make better talent decisions through automated reference checking and related tools
Technology-driven, next-generation career transition services and outplacement platform (full acquisition by Randstad)
Pymetrics is a pioneer in using big data, neuroscience and gamification to support career and job recommendations
Crunchr collects, validates and consolidates people data into meaningful insights around strategic workforce planning and talent management
Speed, effectiveness, relevant data, real time measurement and artificial intelligence are the requirements going forward
What we wanted to cover today… • Insight into mega trends that impact total talent attraction (contingent and perm) • Provide insider view into key HR technology trends, demonstrate the rapid growth of the TECH stack and the inherent challenge for HR • Provide you with insights and ideas to drive your digital HR talent agenda Please fee free to download our 2016 Talent Trend report at www.randstadsourceright.com
