[Webinar] Robots in Recruiting: The Implications of AI on Talent Acquisition

Post on 21-Jan-2018

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Transcript of [Webinar] Robots in Recruiting: The Implications of AI on Talent Acquisition

RobotsinRecruitingTheImplicationsofA.I.onTalentAcquisition

BeforeWeBegin…

• Allphonesaremuted– ifyouhaveaquestion,pleasetypeitinthechatboxontherightandAllanwillanswerthemattheendofthepresentation• Everyonewillreceiveacopyoftheslidedeckandrecordingasfollow-up• Attendeeswillbeeligibletoreceive1HRCIand1SHRMPDCforcontinuededucation

AboutMe

AllanSchweyerExecutiveDirector,

TMLU.org

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• Recognizedexpertinhumancapitalmanagement

• FounderofTMLU,Inc.• AuthorofTalentManagementSystems&

TalentManagementTechnologies• Publishedextensivearticlesdozensofpopular

mediaandindustry-leadingpublicationsworldwide

• Recognizedasamongthe“100MostInfluentialPeopleinHRandTalentManagement”

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BasedonaNewWhitepaper

RobotsinRecruiting:TheImplicationsofA.I.onTalentAcquisition

Downloadyourcopynowfromwww.appcast.io/resources/whitepapers

Agenda

1. A.IToday&Tomorrow

2. TheImplicationsofA.I.forRecruiting• Sourcing

• Screening

3. Summary&HowtoGetStartedUsingA.I.

4. Q&A

Poll#1

Inyouropinion,willartificialintelligence(A.I.)surpasshumanintelligence?

• No,never.• Yes,italreadyhas.• Yes,butitwilltakeanother50+years.• Yes,butitwilltakeatleast30years.• Yes,butitwilltakeatleast10years.

HowA.I.isEffectingtheWorldToday

TheSingularityisaCertainty

“By2029ArtificialIntelligencewilloutperformhumansateverything.”

- RayKurzweilGroupDirectorof

EngineeringatGoogle

169,518,829,100,544,000,000,000,000,000

28822785 3200

FirstTenMoves

ChessisHard,JeopardyisHarder…

Self-DrivingCarsUsedtoBean‘Impossibility’

Amazon’s”Empty”RetailStores&DroneDelivery

LakeMichigan’sVolumeofWater(oz)isabouttheSameasourBrain’sCapacity(CalculationsPerSecond).

24YearsLaterandtheLakeStillLooksEmpty

FastForwardanother50Years…You’reStillonlyStartingtoSeeaLittleWater

ThenThingsMoveFast…By2025AIhasMatchedtheHumanBrain

ImplicationsofA.I.forRecruiting…

Sourcing Screening

ImplicationsofA.I.forRecruiting

Sourcing

‘Viv’theRecruiter

ProgrammaticAdvertising– NowinJobs

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Personclicksonawebpage

Thesystemputsyour“impression”upforauction. Alongwith

everythingitknowsaboutyou

Anautomatedauctiontakesplace(whowantsyourattentionthemost?)

The“impression”goestothehighestbidder

TheadisdeliveredThepersonclicksontheadandpurchasestheitem

(Maybe)

0:000

0:003

HelpsFindtheRightCandidate– WhereverTheyAre

YourjobsYourbrand.

GetBetterApplicantsforLessCost,Time,&Effort

Onlypayforjobadsoncesomeoneapplies(notclicks).

Use‘rules’tofocusyourbudgetonhard-to-filljobs.

Transparent,real-timeresultswithanalytics.

EnablesPay-Per-Applicant AutomateJobAdBuying ManageandMeasureResults

ReachPassiveTalent…

…oftentimesbeforeacandidateevenknowstheywouldlookinto/acceptanewopportunity.

Findthe‘PurpleSquirrels’Candidates

AutomaticallyFillyourTalentPipeline

ThePerfectJobAdatJusttheRightTime?

ImplicationsofA.I.inRecruiting

Screening

UtilizeAI-PoweredChatbots

• Chatbots servetoautomateotherwisemanual,time-intensiveinitialcandidatescreening

• Examples:Mya,Evolv

AI-basedGamesMeasureCandidates’Skills

• GameslikeDashDash,Bomba Blitz&MetaMazeservetoassesscandidates

• OrganizationslikeTheUSArmy,X,andmorearebeginningtouseAI-basedgamesaspartofscreeningprocesses

ManagersShouldn’tMakeHiringDecisions

What’sNext?

Poll#2

DoyouthinkAIwillpositivelyimpacttheroleofarecruiter?

• No,never.• I’mnotsure.• Insomeways.• Yes,AIwillmakerecruitersbetter.• Yes,AIisalreadymakingrecruitersbetterandwillcontinuetodoso.

So,isthisourfuture?

Willweallbeforcedtobowtoourrobotoverlords?

OrwillwefigureouthowtoAIcanmakeusbetter?

Willarobottakeyourjobormakeyoubetteratit?

Theconsensusis….

Humanresourcemanagersanddirectors,recruiters,andtalentacquisitionroles- thoserequiringemotionalintelligence– areunlikelytobetakenoverbyautomation.

http://www.bbc.com/news/technology-34066941

Summary

• A.I.isalreadypervasive,youuseitandlikelybenefitfromiteveryday.Itwillaugmentandimproverecruitingbutnoteliminatetechsavvyrecruiters.

• Savvyrecruiterslearnaboutandembracetechnologythatlowerscosts,improvestime-to-hireandproducesbetteroutcomes– includingquality-of-applicant,and,ultimately,quality-of-hire.

SuccessStrategies

1. LeverageA.I.,especiallyinsourcingandearlyscreening.

2. LearnaboutanduseexistingandemergingA.I.thatpowershighly-targeted,one-to-onesourcing.

3. Exploreprogrammaticforbetterjobadvertising.

4. UnderstandanddeployA.I.toolsthatimprovethecandidateexperience.

5. Learnwhat’scoming,becomeanearly-adopterorfast-followerasappropriate.Don’twaitforpowerfultoolstobecomemainstream.

6. Seizetheadvantageforyourselfandyourfirmassoonaspossible.

Theworldleaderin‘programmatic’forjobs

TheAppcastExchange

Pay-Per-ApplicantJobAdsUsedby600+Employers

Clickcast

ProgrammaticJobAdOptimizationUsedby85%ofrecruitmentadagenciesand50%ofjobboardstooptimizeCPCbidding

Thankstoourwebinarsponsor…

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Q & A

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