linkedin, microsoft and the explosion in recruiting tools and technology

LINKEDIN, MICROSOFT AND THE EXPLOSION OF RECRUITING TOOLS AND TECHNOLOGIES

Michael Overell – CEO, RecruitLoop

August, 2016

A framework to navigate the recruitment tech explosion

Implications for HR practitioners

Specific technology advice for your business

4

Hi, I’m Michael Overell

CEO & Cofounder of RecruitLoopFormer McKinsey consultantHusband of an HR DirectorAustralian in the Bay Area

@mboverell // michael@recruitloop.com

2016

$26,000,000,000

Biggest acquisition in history of HR Technology.

“using the network to power the social and identity layers of Microsoft's ecosystem of over one billion customers. Think about things like LinkedIn's graph interwoven throughout

Outlook, Calendar, Office…and more.”

https://www.linkedin.com/pulse/linkedin-microsoft-changing-way-world-works-jeff-weiner

“partnering with Microsoft to innovate on solutions within the enterprise that are

ripest for disruption, e.g., the corporate directory, company news dissemination,

collaboration, productivity tools, distribution of business intelligence and employee voice, etc.”

https://www.linkedin.com/pulse/linkedin-microsoft-changing-way-world-works-jeff-weiner

“Expanding beyond recruiting and learning & development to create value for any part of an organization involved with hiring, managing,

motivating or leading employees. This human capital area is a massive business

opportunity and an entirely new one for Microsoft.”

https://www.linkedin.com/pulse/linkedin-microsoft-changing-way-world-works-jeff-weiner

http://www.monster.com/about/a/randstad-to-acquire-monster-worldwide-to-transform-the-way-people-and-jobs-connect

“…Randstad intends to build the world's most comprehensive

portfolio of HR services. ”

OTHER PLAYERS ON THE SIDELINES

WHAT IT MEANS FOR PRACTIONERS

Be agile and open to new technologies Be sceptical of the ‘next big thing’ Be cautious of unproven products

DO

Be overly reliant on ANY tools Get drowned on the noise

DON’T

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Map your recruitment

process

Identify the stages in YOUR process Break down the activities in each stage Identify the owner and success metrics Then follow it!

Stage 1 Stage 2 Stage 3 Stage 4 Stage 5 Stage 6 Stage 7

Stage 1 Stage 2 Stage 3 Stage 4 Stage 5 Stage 6 Stage 7

UNDERSTAND MARKET

BUILD TARGET PROFILE

SOURCE CANDIDATES

OUTREACH & ENGAGEMENT

SCREENING & INTERVIEW

VERIFY SKILLS & EXPERIENCE

OFFER & ONBOARD

Stage 1 Stage 2 Stage 3 Stage 4 Stage 5 Stage 6 Stage 7

UNDERSTAND MARKET

BUILD TARGET PROFILE

SOURCE CANDIDATES

OUTREACH & ENGAGEMENT

SCREENING & INTERVIEW

VERIFY SKILLS & EXPERIENCE

OFFER & ONBOARD

Activities

Owner

Tools

Stage 1 Stage 2 Stage 3 Stage 4 Stage 5 Stage 6 Stage 7

UNDERSTAND MARKET

BUILD TARGET PROFILE

SOURCE CANDIDATES

OUTREACH & ENGAGEMENT

SCREENING & INTERVIEW

VERIFY SKILLS & EXPERIENCE

OFFER & ONBOARD

Activities

Owner

Tools

• Research salary and title

• Compare job description

• Outline key skills, characteristics and traits

• Job posting• List building• Finding contact

information

• 3-email sequence

• Phone screen• On-site

interviews• CEO dinner

• Trial project• Background

check• Reference

check

• Offer letter• Welcome pack

Alignment & ClarityAccountabilityConsistency

A framework for assessing new tools

and technologies

Stage 1 Stage 2 Stage 3 Stage 4 Stage 5 Stage 6 Stage 7

UNDERSTAND MARKET

BUILD TARGET PROFILE

SOURCE CANDIDATES

OUTREACH & ENGAGEMENT

SCREENING & INTERVIEW

VERIFY SKILLS & EXPERIENCE

OFFER & ONBOARD

Activities

Owner

Tools

• Research salary and title

• Compare job description

• Outline key skills, characteristics and traits

• Job posting• List building• Finding contact

information

• 3-email sequence

• Phone screen• On-site

interviews• CEO dinner

• Trial project• Background

check• Reference

check

• Offer letter• Welcome pack

Your Recruitment ‘Stack’

Free download:

bit.ly/nchra-RL

Agile Technology Guide for Modern Recruiters

3 spaces I’m watching

Sourcing Systems Staffing

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Questions?

Michael OverellCEO & Cofounder of RecruitLoop

@mboverellmichael@recruitloop.com