Cotton candy, funnel cakes, and social (eubanks)

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Cotton Candy, Funnel Cakes, and Social Ben Eubanks HCM Analyst Brandon Hall Group What’s on the menu for 2015 and beyo

Transcript of Cotton candy, funnel cakes, and social (eubanks)

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Cotton Candy, Funnel Cakes, and Social

Ben EubanksHCM AnalystBrandon Hall Group

What’s on the menu for 2015 and beyond

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Learning & Development

Talent Management

Leadership Development

Talent Acquisition

Workforce Management

RESEARCH PRACTICES

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Agenda

1. Social Influence2. Recruiting3. Onboarding4. Learning5. Talent

Management6. What’s Next7. Wrapping Up

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Who Cares?

Social is people-powered and people-centric.

And so is HR.

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Social: 5 Years Ago

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Social: 2 Years Ago

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Social: Today

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Recruiting

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HOW ARE HIRING ORGANIZATIONS USING SOCIAL TECHNOLOGY & MEDIA?

20%

45%

22%

13%

We do not use social technologies for talent acquisitionWe use them on an ad hoc basis with no set strategyWe use them only for se-lect processesWe have a formal strategy with clear goals and KPIs

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It All Starts With…

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WHAT IS THE GREATEST MISCONCEPTION IN SOCIAL TALENT ACQUISITION?

Social Talent

Acquisition

Facebook Careers

Page

Jobs Shared on

TwitterSourcing

on LinkedIn

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AssessmentWHAT IS THE GREATEST MISCONCEPTION IN

SOCIAL TALENT ACQUISITION?

Ad Hoc

74% saw limited to no improvement in their ability

to hire better talent

45% reported no or negative impact on the quality of candidates

64% reporting no or negative impact on sourcing

costs

Formal Strategy

70% saw improvement in their ability to hire better

talent

71% reported positive impact on their ability to recruit key demographics

59% reported positive impact on reduced sourcing

costs

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Organizations with a clear strategy and KPI set were 315% more likely to see a significant positive impact on their ability to attract talent… and

244% more likely to improve ability to connect with passive candidates.

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Onboarding

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Onboarding

People

Process

Technology

Culture

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Learning

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The Disconnect

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Snapshot

•70-80% of learning isn’t in a classroom•85% of companies are using social to support learning initiatives•Formats: discussion forums, expert directories, learner comments, social sharing, feeds, etc.

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Talent Management

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Don’t Do This

PM is an annual check-the-box activity with a clearly defined start and end date.

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Do This

Institutionalize PM as an ongoing process – not an annual activity with a beginning and an end.

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Don’t Do This

PM is a top-down process; only the employee’s manager provides input on what the employee’s performance has looked like over the last year.

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Do This

Engage peers and subordinates in providing performance feedback.

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Don’t Do This

Managers are not held accountable to develop their employees and are certainly not incented or rewarded for doing so.

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Do This

Hold managers accountable for acting as coaches to develop employee strengths.

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Does It Even Matter?

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Critical Leadership Competencies For Tomorrow’s Leaders

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Terminations

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Social Terminations

Just kidding.

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Case Study

• Onboarding• Learning• Mentoring/TM

• Productivity• Engagement• Customer service• Learner satisfaction• Retention

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Case Study

• Talent mgt• Workforce/HR• Learning

• Relocation costs• Transaction costs• Employee turnover• External training

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Case Study

• Coaching/TM• 360° feedback• Learning/dev

• Results mapped to initial 360° findings

• Results consistent across senior and junior leaders

• Drove specific behaviors

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What’s Next?

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socilab.com

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5 Low Cost, Low Risk Ideas

Connect new hires with people before starting

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5 Low Cost, Low Risk Ideas

Allow employees to track and include social/informal learning into development plans and PM process

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5 Low Cost, Low Risk Ideas

Do an informal survey of your people to find out who your influencers are

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5 Low Cost, Low Risk Ideas

Pick one difficult recruiting demographic to focus on. Build a plan/strategy and measure your results vs the baseline

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5 Low Cost, Low Risk Ideas

Incorporate a peer review element into your performance management process

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Wrapping Up

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About Ben Eubanks