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    FB-TW-RSS-IN HRM

    MET Adgaon Nashik

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    2ndth April 2012 HRM 2

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    ..Role In Talent Management Is

    Become More Pronounced

    -Report By Team Panache

    What is Social Media?

    Social Media is a place where netizens across the world meet each other

    virtually and share a dialogue with each other. It is a super set beyond

    communication and a tool for social interaction.

    Advent Social Media In Talent Management

    Social media and its popularity especially amongst todays Gen Y followed by

    Gen X, and to extent baby boomers the late adopters.

    This has brought about the see through change in which the HR Managers

    today have started recruiting scanning candidates profile live via different

    types of social media.

    Social Media Used for Talent Management

    Facebook FB

    Twitter- TW

    LinkedIn- IN

    RSS Blogs- RSS

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    Social Media Talent Bargain

    The company today has changed its views in last 10 year to manage talent.

    According to jobvite 89% of the companies has selected social media to

    manage talent in 2011. This trend has big implication of the way employment

    process has changed. But the key point is what we can learn from the new

    age recruitment.

    If we carefully notice in the past 100 years the companies have witnessed a

    see through change from a slow moving culture to a super fast moving

    culture. In 1920s and 30s companies could plan to stay in S&P 500 for 65

    yrs but this dropped by the end of 1990s to 10years.

    In the world of speed today talent is the most critical in finding quick talent

    and talent which is quick (the thought process). A high performing work force

    can fierce the horizon and adapt as per the environment. Even in the world ofrecession and high unemployment quality talent has never been in such fierce

    demand.

    Today the tools have ensured the professional take charge of their own

    career, which has never been seen before. Professionals have spread across

    linkedIn, Facebook, Twitter etc. to build their brands, connecting to pears and

    updating profiles even when not in search for a job. This enables the recruiter

    to get quality information up to date. This helps the recruiter to have a pool

    of data other than just active job seekers.

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    As per the

    above

    graph 17%

    who were

    active candidates, less than half were first going to a company career site to

    find a job of interest. Instead these active job hunters were either trying to

    get a referral through an employee, or first searching for a job using a search

    engine or aggregator.

    LinkedIn Hiring Solutions: It is used by more than 9,000 companies

    worldwide like Wal-Mart, which was able to source and on-board an entire

    senior team in Asia in two months, and companies like the communications

    provider Polycom, which saved $3.1 million in one year by recruiting through

    LinkedIn. These companies are trend makers and best example in its class.

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    Approach: Passive Candidates

    The new age recruiters are becoming more alert towards the passive

    candidates who are not in search of a job via professional networking. It also

    helps to establish a pipeline of talent ready for when its needed, enabling a

    company to react quicker.

    Build The Brand

    As we know passive candidates are not in search of a

    job and they need to change the trajectory of theircareer. Hence here employer branding plays a very

    important role. The problem can be solved in two ways

    firstly active targeting of messaging to specific member

    groups enables companies to take their employer brand

    to the sort of top talent that should be working at their

    company. Secondly, passive employer branding means

    creating places where candidates can discover your

    values, culture and learn more about what its like to

    work at your company from people in their network.

    Influence Of Twitter

    The Indian arm of a leading global non-profit

    professional association recently released a list of the

    top 20 Indian HR influencers on Twitter.

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    It draws attention to a wide spectrum of employer and employee views and

    behavior. Gautam Ghosh, third on the list, is the poster boy of the HR space.

    He is a social mediaexpert who represents BraveNewTalent in India, whichhelps organisations create talent communities. In 2009, Ghosh himself found

    a job opening, thanks to Twitter. "I saw a tweet that 2020 Social was looking

    for people. I replied and the next thing I knew I was being interviewed for the

    job."

    It is not only Twitter. Kamal Karanth, Managing Director of leading

    recruitment agency Kelly Services India, says he got an offer within four

    months of putting up his profile on LinkedIn in 2009.

    The HR survey by Kelly revealed that more than one of five job aspirants in

    India accesses social networking sites such as LinkedIn, Facebook and

    Twitter. It sought the views of approximately 97,000 respondents in 30

    countries, including almost 2,000 in India.

    Companies such as HR, HCL Technologies, his organization has even created

    an internal networking site called Meme. "Among other things, internal

    policies and their utility for employees get discussed. Also, any ideas

    employees come up with that need funding are aired and get the immediate

    attention of all stakeholders,"

    Error Correction:

    "Often, people do not even update their work profile on Facebook ortheir picture is missing," says Kelly Services Karanth.

    It also helps to keep your tweets and messages relevant to yourprofile and interests, which could give those interested an insight into

    your talent and what makes you tick.

    Social media is a place where people talk about each other on a openforum hence it is necessary to know what to talk what to talk and

    when to talk.

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    "Those handling social media need training and must not be forcedinto such engagements,"says BraveNewTalent's Ghosh.

    Ultimately, a company's culture becomes its brand on social media."The first step is to cultivate a transparent culture internally," Mr.

    Ghosh adds.

    Influence Of Facebook

    Facebook has played a pivotal role in the new age talent management. It

    creates pages of the company or may be creating separate pages all together

    for careers.

    Over the period it is not just the brands, which are glued on to the Facebook

    pages, but the beauty is to see how third party recruiters are processing the

    candidates via networks and links.

    Brilliant talent management is a very good example on how the recruitment

    drive is driven aggressively over Facebook.

    Key benefits of Social Media:

    Social media allows screening the candidates in real time. It helps to know the candidates candidature in real time to the point

    and up-to-date.

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    Pen ultimate aim of ever company is to reduce employment andattrition the cost, which is successfully done by the social media by

    eliminating middlemen and one of the most accurate methods to hire

    a candidate respectively.

    The medium is such that it makes it easier to get referrals of thecandidates live. Some sites LinkedIn helps direct referrals on the

    candidates profiles saving time.

    It not only helps to know the candidates professional profile but alsothe personal profile. This ultimately helps the recruiter know if the

    person would fit the culture of the company and how stable is he

    personally.

    Social media such as Facebook actually brings out the various phasesof ones personal emotions. It also indirectly showcases the stability of

    ones emotions.

    Conclusion:

    As we know since 2008 USA crisis the market did slow down and took a lot of

    time to consolidate. 2011 for a year which was tough for talent management,

    despite the compressed budgets the organization did hire and trained talent.

    Social media was of course in discussion to get the best candidates at the

    best cost without affecting the budgets. The most dominant players in social

    media were of-course Facebook, LinkedIn, Twitter. It not only did manage

    talent in terms of recruitment but it also nurtured talent by online programs

    and innovation in human resource management practices.

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    Team: Panache

    Deep Vakharia- B59

    Kamlesh Gohil- A23

    Anand Jadhav A29

    Ankita Luthra B31

    Resham Punjabi B45

    Rina Panchal B38

    Trupti Gangurde A19

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