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The Changing World of Work. What will you get out of today?. LinkedIn’s vision for the future of recruiting Details on the changes that Web 2.0 applications are driving in recruitment Q&A. Agenda. A brief history of LinkedIn How the world of work is changing. How did it all start?.
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The Changing World of Work
What will you get out of today? • LinkedIn’s vision for the future of recruiting • Details on the changes that Web 2.0 applications are driving in recruitment • Q&A
Agenda • A brief history of LinkedIn • How the world of work is changing
Where’s LinkedIn Today? • LinkedIn is the world’s largest professional network • > 46 million professionals • > 170 industries • > 200 countries • > 350,000 collaborative groups • Executives from every Fortune500 company • Billions of connections • Billions of people searches
What is changing • A Global professional network where everyone can connect, contact and communicate with everyone else • 414 million professionals • Every industry • Every country • Every executive from every Fortune 500 company • The New World of Work • Broaden your base of knowledge • Accelerate solutions to business problems • Global reach
Hiring yesterday Every profile different Search Firms Advertisements Postings Referrals Engagement Awareness Passive Active
The Proof - recruitment budget expenditure UK spend three time more on Recruitment Agencies than in the US
Some things are different in every country Nordics 1.3m Members Netherlands 1.2m Members Germany 500k Members UK 2.3m Members Eastern Europe 1m members France 900k Members Italy 700k Members Belgium 650k Members Spain 500k Members
Intelligent Network Intelligent interaction based upon knowledge of who you are Search Referrals Advertisements Outreach Postings Awareness Engagement Passive Active
When to grab and when to hold High Level of Engagement Active Candidate Low Level of Engagement Passive candidate 3 months Time in role 3 years
Exchanging Knowledge – Groups • Inexpensive means of high level market research, locating experts, partners, suppliers • Efficient way to test and qualify ideas, understand trends, look for best practices • A way to credibly expand a business network / inexpensively uncover opportunities • 1000 groups are created every day with 100,000 users joining at least one group every day 16
Exchanging Knowledge – Q&A • Asking questions of specific people or extended network • Recommending other experts to help solve a problem • Answering questions builds up reputation but regularly results in major business transactions • Massively efficient time/cost saver and revenue generator 15
Exchanging Knowledge – Polls • Extremely popular tool for: • Professional self expression • Gleaning insights as a responder or asker • Polling your own network is free – can give statistically significant results and at least good data for better decisions with fewer resources & less time • Polling extended network is a cost effective way to secure solid data & additional insights 17
Exchanging Information – Collaboration Apps • Private workspaces • Editing / collaboration tools • Sign off / work flow tools • Collaboration infrastructure previously only for big companies • Free to cost conscious individuals and companies 13