social media adoption and talent as a service
DESCRIPTION
Closing keynote at ASTD Learning 2.0 - Don't Get Left BehindTRANSCRIPT
TALEO.COM
Strategies, Models, and Roles
Social Learning
David WilkinsVP of Research
Social Media Adoption, The Water Wheel, andTalent as a Service
COPYRIGHT 2009
COPYRIGHT 2009
COPYRIGHT 2009
COPYRIGHT 2009
COPYRIGHT 2009
Total Registered Solvers: Approximately 250,000 from nearly 200 countries
Total Solver Reach: More than 12 million
Total Challenges Posted to InnoCentive.com: More than 1,200
Project Rooms Opened to Date: 339,726
Total Solution Submissions: 24,256
Total Awards Given: 866
Total Award Dollars Posted: $27.7 million
Range of awards: $5,000 to $1 million based on the complexity
Total Dollars Awarded: $7 million
Average Success Rate: 50%
INNOCENTIVE
COPYRIGHT 2009
Prize4Life Awards $1 Million Prize for Major Milestone in ALS Research
Oil Industry Outsider Solves Oil Spill Recovery Challenge
“Within the oil spill response industry, there are a limited number of people to work on these problems,” says Scott Pegau. “If this Challenge were easily solved by the people within the industry, it would have been solved earlier. I’m fascinated to see that our winning solution uses related technology found in the concrete industry, we would never have found this through our regular RFP process. The InnoCentive Marketplace allows us to step outside the box and look at more creative solutions.”
Solver Lights Up African Villages
“This light is designed to work for up to 20 years without breaking. McMahon said part of his motivation for working on this Challenge was the role he could play in helping those who are the most in need.”
INNOCENTIVE
COPYRIGHT 2009
Co-opsIn US, more in coops than stock marketIN Columbia, 25% of Healthcare
L3C companiesLow profit, limited liability(modest profits, real goal social benefit)
COPYRIGHT 2009
11,000 boomers turn 60 every day
COPYRIGHT 2009
Boomer Life Expectancy› Boomer life expectancy is 83
› A 65 year old today has a 25% chance to live to 92
› Living longer means you live longer
› A significant portion of Boomers will have 30 years of retirement
› But most won’t: 83% plan to keep working, 56% want to work in a new profession
Contingency› Only 6% of Boomers want to work full-time
› 30% of the workforce is contingent
› In 2009, 35% of employers planned to increase this by 50% or more
COPYRIGHT 2009
Technology› Next gen fiber optics push 10 trillion bits a second
› Machine translation is close to viable
Global Talent› By 2020, China will be the largest English-speaking country in the world, India 2nd
› There are more honors students in both countries than there are students in US
› Virtual work is up 1800% over the last 2 years
COPYRIGHT 2009
COPYRIGHT 2009
COPYRIGHT 2009
WHAT DOES IT MEAN?
COPYRIGHT 2009
Talent as a Service – TaaS
“Pair this with the theory that motivation comes from autonomy, mastery and purpose and suddenly any enterprise bidding for the best and brightest will either have the world as a pool of candidates (ready to work for peanuts towards a noble goal) or be forced to pay high prices for talent…”Jennifer Charon on HR Technology Conference group on LinkedIn
Running companies like consultancies with world-class talent mobility
Tapping clients, partners, public for ideas
Fundamentally rethinking talent and it’s application to problems
The Kardashev Lens
“Type 0 corporation can harness a portion of its workers skills.Type 1 corporation can harness all the skills of its company. Type 2 corporation can harness the skills of its industry. Type 3 corporation can harness the skills of the entire planet”Wayne Regan on HR Technology Conference group on LinkedIn
COPYRIGHT 2009
….we multiply our internal innovation capability with a global network of innovation partners outside P&G. More than half of all product innovation coming from P&G today includes at least one major component from an external partner.
PROOF – P&G
http://www.annualreport.pg.com/annualreport2009/letter/strength.shtml
COPYRIGHT 2009
You won't have to depend on the CEO anymore. We now have a whole pool of talent who can lead these working groups, like mini CEOs and COOs. We're growing ideas, but we're growing people as well. Where I might have had two potential successors, I now have 500.
PROOF – CISCO
http://www.fastcompany.com/magazine/131/revolution-in-san-jose.html?page=0,0
COPYRIGHT 2009
Learning Implications
› Think BIGGER! Think B R O A D E R!
› The line between inside and outside is blurring.
› The line between learning, communication, and knowledge is fading.
› You need to enable and empower more and teach less.
› Scale and speed requirements only going up. Think long-tail & wisdom of crowds…
You Implications› If you like training, keep doing what you are doing – you’ll still be needed.
› You are incredibly strategic, but you don’t know it. Teach a man to teach.
› If you want more, now is the time. Carpe Diem
COPYRIGHT 2009
Your thoughts