23
Teaching an Old Dog New Tricks Creating Talent Management Efficiency and Effectiveness at a Large Organization ERE Conference, April 2013

Reengineer Your Talent Acquisition Function for Better, Faster, More Cost Effective Recruiting (Dan Black and Larry Nash)

Embed Size (px)

DESCRIPTION

Presentation from ERE Recruiting Conference 2013 by Dan Black and Larry Nash

Citation preview

Page 1: Reengineer Your Talent Acquisition Function for Better, Faster, More Cost Effective Recruiting (Dan Black and Larry Nash)

Teaching an Old Dog New Tricks

Creating Talent Management Efficiency and Effectiveness at a Large Organization

ERE Conference, April 2013

Page 2: Reengineer Your Talent Acquisition Function for Better, Faster, More Cost Effective Recruiting (Dan Black and Larry Nash)

Page 2

Agenda

► Experienced/executive recruiting – going from good to great

► Campus recruiting – world class go to market approach

Page 3: Reengineer Your Talent Acquisition Function for Better, Faster, More Cost Effective Recruiting (Dan Black and Larry Nash)

Experienced Recruiting

Page 4: Reengineer Your Talent Acquisition Function for Better, Faster, More Cost Effective Recruiting (Dan Black and Larry Nash)

Page 4

Transforming experienced recruiting

► Objective► Evaluate existing model against current and future business

needs► Explore opportunities to increase value and improve

productivity► Listen to clients and experienced recruiting team ► Understand competition► Consider economic changes – how do we position recruiting

function to achieve greater success as needs increase

Page 5: Reengineer Your Talent Acquisition Function for Better, Faster, More Cost Effective Recruiting (Dan Black and Larry Nash)

Page 5

What we heard

Strengths:► High quality people in recruiting► Strong knowledge of business► Great commitment and accessibility► High credibility with business

leaders► Quality of candidates is high► Quality of candidate handling is

high► Very few “recruiting mistakes” on

candidates► High quality executive recruiters

Opportunities:► Recruiters asked to do everything –

can be overwhelming► Need more focus► Would like a continuous pipeline of

talent with a focus on passive and diverse candidates

► Too many layers of management► Balance of geography and service

line focus► Slow to adjust resources when needs

increase beyond capacity► Differing processes across service

lines► Lack of standardization creates cost

inefficiencies► More proactive workforce planning

Page 6: Reengineer Your Talent Acquisition Function for Better, Faster, More Cost Effective Recruiting (Dan Black and Larry Nash)

Page 6

What we heard - summary

We’re high performing….......

How do we become world-class?

Page 7: Reengineer Your Talent Acquisition Function for Better, Faster, More Cost Effective Recruiting (Dan Black and Larry Nash)

Page 7

2010 Vision: working in concert to become world-class

Increase integration

across service lines

Alignment to the business strategy

and markets

Be more agile, nimble and responsive to business needs

Develop a continuous pipeline of passive and

diverse talent

Role clarity to avoid duplication of

responsibilities

Focus on fewer things and go deep

Consistently use measurement, technology and processes to increase efficiency

Page 8: Reengineer Your Talent Acquisition Function for Better, Faster, More Cost Effective Recruiting (Dan Black and Larry Nash)

Page 8

Overview of experienced recruiting transformation

Business case for the transformation

Alignment to the business strategy and markets

Agility to respond to critical business priorities and/or increased hiring needs

Clarity in roles to avoid duplication of responsibilities and streamline activities

Strengthen our ability to identify, attract and close high-performing passive candidates and build pipeline development

Efficiency in delivering services and staffing the function

Transformation levers

Role Specialization Focus on the critical few and go deep

Recruiting Leader Role Increased business partnering

Executive recruiting Centralization Focus and Leverage

Candidate Development Centralization Invest to ensure continuous pipeline of candidates

Centralization of transactional responsibilitiesOperational Efficiency

• Positions filled more quickly

• Improved productivity

• Managing focused teams

• Continuous pipeline focus

• Increased connection with passive candidates

• Consistent, efficient processes

Business outcomes

Page 9: Reengineer Your Talent Acquisition Function for Better, Faster, More Cost Effective Recruiting (Dan Black and Larry Nash)

Page 9

In house sourcing teams

► Dedicated team aligned by service line and geography► Focused solely on finding and qualifying candidates at all levels

above entry level► Passive candidate focus

► Referrals► Networking events► LinkedIn

► Benefits► Lower cost per hires – significant search firm savings► Less time to fill► Own research/develop mapping of competitors/real time market intelligence

Page 10: Reengineer Your Talent Acquisition Function for Better, Faster, More Cost Effective Recruiting (Dan Black and Larry Nash)

Campus Recruiting

Page 11: Reengineer Your Talent Acquisition Function for Better, Faster, More Cost Effective Recruiting (Dan Black and Larry Nash)

Page 11

Campus Go-to-market strategy

► Determining your target sources

► Treat recruiting as an account

► Diversity recruitment

► How will you address “other” constituents

► Early ID

► Engaging the appropriate branding support

Page 12: Reengineer Your Talent Acquisition Function for Better, Faster, More Cost Effective Recruiting (Dan Black and Larry Nash)

Page 12

Client Service Model (CSM): business case

► The CSM accomplishes the following: ► Clarifies and simplifies how

recruiters and client service professionals work together

► Delivers consistent firm messaging and branding across organizational silos

► Reinforces culture by building and developing relationships and energizing our people

► Enables candidates to develop relationships with future colleagues

► Gives candidates insight into the type of work they will be doing

Page 13: Reengineer Your Talent Acquisition Function for Better, Faster, More Cost Effective Recruiting (Dan Black and Larry Nash)

Page 13

Client Service Model: Select Roles and responsibilities

Role ResponsibilitiesCampus coordinating partner (CP)

► Develops university relationship plan and co-develops recruiting strategy with CR► Manages relationship succession► Maintains and cultivates key faculty relationships

Campus recruiting school lead (CR)

► Campus recruiter and lead contact for recruits► Champions sourcing strategies and co-develops recruiting plan with CP

Coordinating campus team lead

► Partner/senior manager with significant knowledge of the firm► Provides direction to the campus team► Participates actively in recruiting events

Service line team lead ► Partner/senior manager/manager with significant knowledge of his or her service line► Aligns with faculty member who leads functional area associated with service line

Inclusiveness champion ► Senior manager or manager ► Supports diversity recruiting planning and execution► Builds relationships with university’s diversity manager or office

Campus ambassador (CA)

► Former Intern who has accepted offer to join EY after they graduate► Serve as an information resource on campus► Acts as liaison between EY and Campus► Participate in EY activities

The Client Service Model teams recruiters with client service professionals to build relationships.

Page 14: Reengineer Your Talent Acquisition Function for Better, Faster, More Cost Effective Recruiting (Dan Black and Larry Nash)

Page 14

Nuance: One Team Approach

► Global inclusiveness► Students backgrounds,

experiences, and interests► Specific global recruiting

strategies ► Americas recruiting strategy

► Location► Promoting mobility► Students’ interests

► Hiring numbers► Timeline of hiring process► Last minute resource needs

Page 15: Reengineer Your Talent Acquisition Function for Better, Faster, More Cost Effective Recruiting (Dan Black and Larry Nash)

Social Media – the long journey

Page 16: Reengineer Your Talent Acquisition Function for Better, Faster, More Cost Effective Recruiting (Dan Black and Larry Nash)

Page 16

The business case:Compelling needs to change

► Need to address stereotypes► “All Big 4 are the same”

► Accountants are ________________ (fill in the blank)

► The profession is the same as it was 100 years ago

► Ernst & Young is conservative, not cutting edge

► Need to more effectively engage students► Occupy a small portion of their space

► Present information how they want it, when they want it

► Be specific in targeting messages: by major, school, year

► Let them define the content to ensure its relevance

Page 17: Reengineer Your Talent Acquisition Function for Better, Faster, More Cost Effective Recruiting (Dan Black and Larry Nash)

Page 17

Risks to overcome

► Legal► Privacy

► Messaging by EY employees

► Brand► Loss of control

► Underutilization of traditional media

► Student backlash► Social network is for socializing

► Inconsistency in responses

Page 18: Reengineer Your Talent Acquisition Function for Better, Faster, More Cost Effective Recruiting (Dan Black and Larry Nash)

Page 18

One small step for Ernst & Young….

► Conducted design session April 2006 (game-changer)► Included all levels from Staff to Vice-Chairs, representing all

service lines

► Determined the need to be #1 on campus

► Branding was a primary target for change

► Confirmed Gen Y demanded different modes of communications

► Consulted with youth marketing agency► New media options presented

► Facebook

► News aggregator

► Blogs

► Campus event sponsorships

► Text messaging

Page 19: Reengineer Your Talent Acquisition Function for Better, Faster, More Cost Effective Recruiting (Dan Black and Larry Nash)

Page 19

You have OPTIONS!

► Facebook

► Twitter

► Linked In

► Pinterest

► Instagram

You don’t need to be SO social….

► Website … M&M: microsites and mobile

► Other student destinations

Page 20: Reengineer Your Talent Acquisition Function for Better, Faster, More Cost Effective Recruiting (Dan Black and Larry Nash)

Page 20

Results

► Fans and followers

► External press accolades for being first-mover …STILL

► Well-received by candidates► Continued growth in followers/likes

► Engagement via posts

► Relevant venue

► Click-thru rates to ey.com and other links

► Brand recognition

Page 21: Reengineer Your Talent Acquisition Function for Better, Faster, More Cost Effective Recruiting (Dan Black and Larry Nash)

Page 21

PR and Marketing Strategy points

► PR executive assigned to recruiting

► Press releases

► Industry associations

► Leadership roles

► Learning opportunities for the team

► Leadership talking points

► Make sure talent management is on the agenda

► If there is an award to be won… apply, apply, apply…

Page 22: Reengineer Your Talent Acquisition Function for Better, Faster, More Cost Effective Recruiting (Dan Black and Larry Nash)

Page 22

My favorite recruiting quote…

“No one ever saved their way to market leadership.”

- Anonymous EY manager

Page 23: Reengineer Your Talent Acquisition Function for Better, Faster, More Cost Effective Recruiting (Dan Black and Larry Nash)

Page 23

Questions