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Corporate Partner Benchmarking MeetingSeptember, 2013
Best Practice in Attracting Talent to CorporatePartners in the Emerging Markets
Best Practice in Attracting Talent to CorporatePartners in the Emerging Markets2.2.
Michael MeierEgon ZehnderPartner
Michael MeierEgon ZehnderPartner
Feature Presentation
Attracting Emerging Market Talent:Challenges and Best Practice
Dr. Michael M. Meier - 26 September 2013
48© 2013 Egon Zehnder
Agenda
1 Emerging Markets challenges
2 Best practice
3 How Egon Zehnder works
Emerging Markets challengesSection 1
50© 2013 Egon Zehnder
Overall challenges in Emerging Markets, particularlyAsiaPac• Diversity of markets brings complexity: which leadership style brings success across Asia Pacific
• Importance of cultural adaptability: local markets produce few truly regional / global leaders; lack ofmobility
• Language skills vs. business leadership competency
• Unsustainable war for talent: rapid progression vs. solid experience
• “ … is different”: don’t accept excuses (at least on business side)
• Order taker from HQ vs. independent, fact based opinion
51© 2013 Egon Zehnder
Snapshot #1: How to fill the void on top
Top Executives’ Origin
Nationality Percentage
PR Chinese 44%
Overseas Chinese 36%
Returnees 8%
American 4%
German 2%
British 2%
Other 4%
Grand Total 100%
Nationality Percentage
Indian 92%
British 3%
American 2%
Other 3%
Grand Total 100%
Top Executives’ Origin
V.S.
Source: Egon Zehnder analysis of profiles of ~1,000 senior executives
52© 2013 Egon Zehnder
Snapshot #2: The business challenge in China rests onrelatively younger shoulders
Average age by seniority: China vs. Europe
Seniority
Age
47
40
36
33
52
45
42
38
Source: Egon Zehnder analysis of profiles of ~1,000 senior executives
53© 2013 Egon Zehnder
Snapshot #3: Stunning switching premium in China
Average pay rise per job switch
Note: Study based on 160 accepted offersSource: Egon Zehnder
54© 2013 Egon Zehnder
Snapshot #4: More opportunities, less loyalty – the disturbingtrend
Average tenure per employer over time
Source: Egon Zehnder analysis of profiles of leading industrial CEOs and Managing Directors
Year
55© 2013 Egon Zehnder
Surplus Surplus
Def
icit D
eficit
ChinaLocalTalentSupply
Talent economics in China: The outcome of high growth
Entry Level
Junior/Middle Managers
Country Level Executives
Regional Leadership
Skilled Labor &Experienced Technicalstaff
Talent Demand
56© 2013 Egon Zehnder
Emerging markets: increasing supply / demandimbalance….Observations
•Large quantity of available talent but significant shortage of strong managerial skills(availability vs. employability)
•Demand for quality talent is fast outstripping supply, especially at the top levels
•Local companies have emerged as serious competitors for talent, poaching from MNC’s – a trendlikely to increase
•“Overseas locals” are increasingly more open to returning for the right opportunities
57© 2013 Egon Zehnder
… in an increasingly tough environment
• Employee loyalty is on the decline: 3 – 4 job changes are seen as typical for senior executives
• Strong domestic growth is creating many new and exciting opportunities
• Executives’ cash compensation on par with overseas (global) standards; stock options and long termincentive pay are increasingly becoming tools for attracting and retaining talent
• High switching premiums to attract top local talent
• Social status is closely tied to career progression and titles
• Majority of executives not confident in quality of new hires, and not comfortable with their potentialsuccessors
58© 2013 Egon Zehnder
Best practiceSection 2
59© 2013 Egon Zehnder
Great People Decisions® for global companies
• Adapt mindset and processes to growth market environment
• Assess and benchmark your talent against well defined competencies – look beyond what’s on theresume
• Develop a healthy balance of local and expatriate talent; localization as a long term, phasedapproach
• Not only localize talent – localize the decision making
• Implement a systematic mentoring and coaching program for local managers: overinvest intraining and development; provide top level visibility
• Define appropriate succession programs for your organization
• Over-hire local talent and build up talent pipeline for the future
• Focus on integration (especially for the first 6 - 12 months)
• Understand and embrace the value of differences/diversity
• Plan international career moves early
Do
60© 2013 Egon Zehnder
Great People Decisions® for global companies (continued)
• Don’t rely on salary surveys for your compensation strategy
• Don’t overestimate the motivational impact of international assignments – the action is here!
• Don’t send “Corporate Seagulls” to China/Asia – set high bar for expatriates
• Don’t overlook expatriates at the end of their expat terms – high risk of losing them!
• Don’t localize for the sake of localization
Don’t
61© 2013 Egon Zehnder
Recruitment: Focus on competency and potential – beyondwhat is on the resume
Currentfocus ofglobalcompanies
Currentfocus of localcompanies
Focus ofbest-in-classrecruitment
Potential:What can they do in the future?
Competence:What can they do well?
Skill:What can they do?
Experience:What did they do?
Knowledge:What do they know
62© 2013 Egon Zehnder
Profile of a leader in emerging markets
• Bi-cultural (e.g. China-born, US educated / India-born, UK educated), values driven, commerciallysavvy, global outlook, multi-lingual
• Used to working in environments with chaos and uncertainty
• Personal learning agility
• Can operate with speed and agility
• Able to drive above market growth – organically and inorganically
• Natural global relationship builder – internal / external
• Embraces diversity, sensitive to differences
• Demonstrate cross functional expertise
• Able to mentor and lead, build a high performance team
• Entrepreneurial, but highly ethical
• Open to global experiences but also committed to home country
63© 2013 Egon Zehnder
How Egon Zehnder worksSection 3
64© 2013 Egon Zehnder
We are a “boutique” firm with global reach
Size, reach, scopeEgon Zehnder is the largest privately held executive search firmworldwide. We are equally owned by 236 partners, with over 420consultants, working in 68 offices and 41 countries. Total staff isapproximately 1,650.
With nearly 50 years of experience, we hold the number one position inEurope, Asia-Pacific and South America, and are an industry leader inNorth America.
Highly collaborative “boutique” structureWe operate as a single unit, with a consistent methodology and a singleprofit center.
4168
420
countries
offices
consultants
Amsterdam Buenos Aires Houston Malmö SeoulAthens Calgary Istanbul Melbourne Oslo ShanghaiAtlanta Chicago Jakarta Mexico Palo Alto SingaporeBangalore Copenhagen Jeddah Miami Paris StockholmBarcelona Dallas Johannesburg Milan Prague StuttgartBeijing Dubai Kuala Lumpur Montreal Rio de Janeiro SydneyBerlin Düsseldorf Lisbon Moscow Tel AvivBogota Frankfurt London Mumbai TokyoBoston Geneva Los Angeles Munich Rome TorontoBratislava Hamburg Luxembourg New Delhi San Francisco ViennaBrussels Helsinki Lyon New York Santiago WarsawBudapest Hong Kong Madrid São Paulo Zurich
65© 2013 Egon Zehnder
“Boutique" firm with global reach
Wider net and shortest possible time
"One-Firm" collaborative model
The best of our collective knowledge
Unleveraged
Senior consultants make all the calls
We hire only individuals with considerable industry experience
Knowledge provides insight
Fixed-fee retainer model
Our goal is to find the most qualified candidate not the highest-paid candidates
What sets us apart
10+
FounderPresidentPartner
Corporate Partner Benchmarking MeetingSeptember, 2013
Best Practice in Attracting Talent to CorporatePartners in the Emerging Markets
Best Practice in Attracting Talent to CorporatePartners in the Emerging Markets2.2.
Elizabeth BirdIntegration ConsultingHR Lead EMEA
Elizabeth BirdIntegration ConsultingHR Lead EMEA
Feature Presentation
68
HR Lead – Integration Europe
Today’s PresenterBio
69
Today’s PresentationObjective & Structure
Objective AGENDA
1
2
3
70
Today’s PresentationObjective & Structure
Objective AGENDA
1
2
3
Integration & Our Experience
Case Study – Recruiting inEmerging Markets
Summary of key points
71
Integration ConsultingWho we are
team track record credentials
250 1200 300consultants projects clients
OUR BACKGROUND
São Paulo Rio de Janeiro Mexico City
Buenos Aires Santiago London
72
Integration – Our ClientsIndustry leading clients
We work with our clients to address their most important challenges:
Emerging MarketsThe Scope
LatinAmerica Middle East Africa Asia
Entry Level
MBA
Experienced Hire
Board Level
“Recruiting Talent” & “Emerging Markets” are both broad terms. Integration has a specific set ofknowledge that we are able to share:
Emerging MarketsThe Scope
LatinAmerica Middle East Africa Asia
Entry Level
MBA
Experienced Hire
Board Level
“Recruiting Talent” & “Emerging Markets” are both broad terms. Integration has a specific set ofknowledge that we are able to share:
LatinAmerica
Entry Level Today’sFocus
Today’s PresentationObjective & Structure
Objective AGENDA
1
2
3
Integration & Our Experience
Case Study – Recruiting inEmerging Markets
Summary of key points
Case StudyRecruiting at entry level in Brazil
From a recruiting perspective, there are three key areas we have to understand to perform well inBrazil:
Universities Courses Students
Case StudyRecruiting at entry level in Brazil
From a recruiting perspective, there are three key areas we have to understand to perform well inBrazil:
Universities Courses Students
Relationship with the right universities is key
Targeting the right areas inside universities is important
Case StudyRecruiting at entry level in Brazil
From a recruiting perspective, there are three key areas we have to understand to perform well inBrazil:
Universities Courses Students
Background on courses
Courses are specialized by subject
Case StudyRecruiting at entry level in Brazil
From a recruiting perspective, there are three key areas we have to understand to perform well inBrazil:
Universities Courses Students
Internship
Student Communication
Case StudyRecruiting at entry level in Brazil
Case StudyRecruiting at entry level in Brazil
We have found success with a focused strategy, concentrating our efforts on a few top universities.Amongst this group, we have a special attention with FGV – EAESP.
Our Recruiting Focus: FGV - AESP – Quick StatsOur Recruiting Focus: FGV - AESP – Quick Stats
Our Recruiting Focus: FGV - AESP – Quick StatsOur Recruiting Focus: FGV - AESP – Quick Stats
Case StudyRecruiting at entry level in Brazil
We have found success with a focused strategy, concentrating our efforts on a few top universities.Amongst this group, we have a special attention with FGV – EAESP.
83
Today’s PresentationObjective & Structure
Objective AGENDA
1
2
3
Integration & Our Experience
Case Study – Recruiting inEmerging Markets
Summary of key points
Similarities DifferencesWell documented university rankings No structured timeline for campus recruitment in
Brazil
Important to develop a relationship for the longterm
Recruitment is a lot more course specific
High competition for top students Relationship with Universities from a corporatelevel tends to be with the Faculty and the CentralUniversity rather than student clubs
Expectation of students is to engage with companyrepresentatives during attraction events
Greater proportion of students at privateuniversities (both undergraduate and graduate)
Brand awareness is important to attract topstudents to apply
Universities tend to operate with 2 Semesters(rather than 3 terms)
Students work alongside studies (internships)
Greater polarisation between top and bottomranked universities
Use of graduate recruitment websites (e.g.milkround.com and targetjobs) isn’t nearly asimportant as it is in Europe
Recruiting Analysts in BrazilKey Similarities & Differences
Corporate Partner Benchmarking MeetingSeptember, 2013
Best Practice in Attracting Talent to theCorporate Partners in the Emerging Markets
Best Practice in Attracting Talent to theCorporate Partners in the Emerging Markets2.2.
Mícaela SaeftelABBHead of Global Trainee Program
Mícaela SaeftelABBHead of Global Trainee Program
Feature Presentation
Attracting Talents in EmergingMarketsRecruiting for the ABB Global TraineeProgram in China
CEMS Corporate Partners Benchmarking Meeting, 26.09.2013
The ABB Global Trainee Programs
Attracting Talents in Emerging Markets
The ABB Global Trainee Program (GTP) is designed forgraduate students who are looking for an internationalcareer
Each year, ABB recruits a number of graduates to join thevarious programs(i.e. Finance, Supply Chain Managementor Information Systems) with intake dates in April andOctober
The program is managed centrally from our headquartersin Zurich, in collaboration with country HR units
Duration of the program 18 – 24 months
Purpose of the program is to train and develop potentialfuture leaders or functional experts for their respective
home countries
Global Trainee Program – General Information
© ABB Group
Attracting Talents in Emerging Markets
Candidates are selected according to the followingprofile:
Recent graduates (MSc level studies or equivalent)
No more than one and a half years’ professional workexperience (excluding internships)
Fluency in English (additional languages welcome)
Global mindset, with a passion to work in diverse cultures
Mature, balanced personality with good communicationskills
Team players who are flexible and open to new ideas
Ambitious personalities with a natural curiosity and realisticcareer/life goals
ABB Global Trainee Program – Recruitment Profile
© ABB Group
Recruiting in and for China
© ABB
Attracting Talents in Emerging MarketsGraduate Recruiting Process China
© ABB Group
Attracting Talents in Emerging MarketsRecruiting in China - Activities
© ABB
Campus Talks (13 talks in 10 cities)
1 – 2 hours
Senior Manager, Senior HR and Alumni
Microsite for “ABB 2014 Campus Recruitment”
Profiles of current trainees and graduates
Videos
Application process
Weibo – Chinese microblogging site
Attracting Talents in Emerging MarketsABB China Website
© ABB
Attracting Talents in Emerging MarketsUniversum Study – Top Three Career Goals
© ABB
CareerGoals
Average China India Germany
1 To have work/lifebalance
To havework/lifebalance
To havework/lifebalance
To havework/lifebalance
2 To be secure andstable in job
To be a leaderor manager ofpeople
To be secureand stable injob
To be secureand stable injob
3 To becompetitively orintellectuallychallenged
To be secureand stable injob
To be atechnical orfunctionalexpert
To becompetitivelyorintellectuallychallenged
Attracting Talents in Emerging MarketsRecruiting in China – Opportunities
© ABB
High investments in local education system
Strong focus on technical and functional competencies
Many international Universities open campuses in China
Many of the best students now decide to start studying in China orreturn for the Masters or postdoc studies
Good knowledge of local market and culture
Attracting Talents in Emerging MarketsRecruiting in China – Challenges
© ABB
Hukou System ( )
Changing expectations in an employer
Applicants accept more than one offer or are waiting for a“better” offer
Only approx.75% of the recent graduates accepted the joboffer
State Owned Enterprises(SOEs) starting to be more global
English-speaking competency
Independence
Opportunities:
399,600 Chinese studentsabroad (2012)
Expected 585,000 studentsin 2020 (India growing by40% to 296,000)
Good English skills
Maturity and independence
International experience
Intercultural sensitivity
Challenges
Unwillingness to return: Inthe past 30 years, only 37%of Chinese educatedoverseas have returned toChina
High salary expectations
Few local connections
“Reverse Culture Shock”
Source:http://blogs.wsj.com/chinarealtime/2013/03/27/chinese-students-struggle-for-returns-on-education-in-u-s/http://online.wsj.com/article/SB10001424127887324324404579042431034110744.html
Attracting Talents in Emerging MarketsRecruiting in Mature Markets for China – Haigui ( )
© ABB
Attracting Talents in Emerging MarketsApplicant / Employee Expectations
© ABB
Reasons for accepting job offer
High future earnings
Employer is a good reference for future career
Professional training and development offered
Attracting Talents in Emerging MarketsQuestions?
© ABB Group
Role of the Internet and Social Media
October 10, 2013© ABB
| Slide 102
Attracting Talents in Emerging MarketsInternet Users
© ABB
Country Population Users 2012 Penetration Facebook Facebook /Users
China 1,343,239,923 538,000,000 40.1% 633,300 0.1%
Hong Kong 7,153,513 5,329,372 74.5% 4,043,560 75.9%
India 1,205,073,612 137,000,000 11.4% 62,713,680 45.8%
Asia 3,922,066,987 1,076,681,059 27.5% 254,336,520 23.6%
Brazil 193,946,886 88,494,756 45.6% 58,565,700 66.2%
US 313,847,465 245,203,319 78.1% 166,029,240 67.7%
Germany 81,305,856 67,483,860 83.0% 25,332,440 37.5%
EU 503,824,373 368,021,986 73.0% 192,746,920 52.4%
Europe 820,918,446 518,512,109 63.2% 250,934,000 48.4%
World 7,017,846,922 2,405,518,376 34.3% 975,943,960 40.6%
Source: Internet World Stats – www.internetworldstats.com
Country SmartphonePenetration
Access Interneton Smartphone
Search for JobOffers
Access to SocialNetworks
China 47% 69% 43% 73%
India 13% 46% 43% 63%
Brazil 26% 46% 33% 76%
Germany 40% 61% 20% 62%
US 56% 67% 32% 72%
Attracting Talents in Emerging MarketsSmartphone Users
© ABB
Source: Google insights 2013 Q1
Attracting Talents in Emerging MarketsStatistics: Mobile vs. Desktop - Worldwide
© ABB Group
Attracting Talents in Emerging MarketsStatistics: Mobile vs. Desktop - China
© ABB Group
Attracting Talents in Emerging MarketsStatistics: Mobile vs. Desktop - India
© ABB Group
Attracting Talents in Emerging MarketsStatistics: Mobile vs. Desktop - Germany
© ABB Group
Attracting Talents in Emerging MarketsRole of Social Media
© ABB
Attracting Talents in Emerging MarketsStatistics: Social Media Sites - Worldwide
© ABB Group
Attracting Talents in Emerging MarketsStatistics: Social Media Sites - China
© ABB Group
Attracting Talents in Emerging MarketsStatistics: Social Media Sites - India
© ABB Group
Attracting Talents in Emerging MarketsStatistics: Social Media Sites - Germany
© ABB Group
Backup Slides
October 10, 2013© ABB
| Slide 114
Attracting Talents in Emerging MarketsABB 2014 Campus Recruitment
© ABB
Attracting Talents in Emerging MarketsABB China on weibo.com
© ABB
Attracting Talents in Emerging MarketsRecruiting for China – Challenges: Hukou ( )
© ABB
Hukou is the legal right to permanently reside in a provinceor city in China
Each person in China is born with a city or province ofpermanent registration
It places severe limits on their ability to settlepermanently and raise a family in any location otherthan the one inherited at birth
Persons without local hukou have a different andsmaller set of economic rights than native-born persons
Local governments set the rules for how immigrantscan acquire a local hukou
Sometime businesses are awarded a small number oflocal hukous to distribute to their employees, especially“highly skilled” individuals
Corporate Partner Benchmarking MeetingSeptember, 2013
• Jens Plinke• Johanna Griese• Olga Kotelnikova• Trine Hodal• Tina Thallinger
• Jens Plinke• Johanna Griese• Olga Kotelnikova• Trine Hodal• Tina Thallinger
Best Practice in Attracting Talent to CorporatePartners in the Emerging Markets
Best Practice in Attracting Talent to CorporatePartners in the Emerging Markets2.2.
Participant Workshop Outcomes
Corporate Partner Benchmarking MeetingSeptember, 2013
Contents
What are the main reasons emerging market talentchoose a CEMS CP as their first employer?What are the main reasons emerging market talentchoose a CEMS CP as their first employer?1.1.
What is currently done by Corporate Partners tospecifically attract emerging market CEMS students?What is currently done by Corporate Partners tospecifically attract emerging market CEMS students?2.2.
What do CEMS university career services do to activelypromote CPs to emerging market CEMS students?What do CEMS university career services do to activelypromote CPs to emerging market CEMS students?3.3.
What are the main hurdles in attracting emerging markettalents: - in emerging or in mature markets?What are the main hurdles in attracting emerging markettalents: - in emerging or in mature markets?4.4.
What are the best practices in attracting emerging markettalents to Corporate Partners in emerging markets?What are the best practices in attracting emerging markettalents to Corporate Partners in emerging markets?5.5.
Corporate Partner Benchmarking MeetingSeptember, 2013
1. What are the main reasons emerging markettalent choose a CEMS CP as their first employer?
• Shared values / cultural fit
• To stay in the CEMS community
• Transparency - What are the CPs looking for, what can they offer?
• Alignment of CEMS curriculum with CPs needs
• First-hand company insights beforehand
• CEMS students expect easier access to CPs
• Image of the CPs – cross-industry
Corporate Partner Benchmarking MeetingSeptember, 2013
• One EM/MM strategy while considering regional needs
• Traditional channels, e.g. career fairs, lectures, businesscases, practical insights, Management shadowing,internships
To improve:• More global career fairs, leveraging regional insights• Enhanced cross-country recruiting• Internships meeting EM talent needs
2. What is currently done by Corporate Partners tospecifically attract emerging market CEMS students?
Corporate Partner Benchmarking MeetingSeptember, 2013
3. What do CEMS university career services do to activelypromote CPs to emerging market CEMS students?
Problems
! Gap between academiceducation and “realbusiness”
! Knowledge of companies
! Return to home country ispercieved as a defeat
Solutions
Networking events
Funding
Promoting “Internationalconcept” in a different way
Corporate Partner Benchmarking MeetingSeptember, 2013
4. What are the main hurdles in attracting emerging markettalents: - in emerging or in mature markets?
• Unrealistic expectations, salary level
• Lack of educational system alignment
• Perception of corruption in emerging markets’ politicaland corporate systems
• Language barriers
• VISA applications, internships, national rules
• Difficult to attract local talents to go back to their homecountries
Corporate Partner Benchmarking MeetingSeptember, 2013
5. What are the best practices in attracting emerging markettalents to Corporate Partners in emerging markets?
• Communication with talents
• Check and compare expectations and realistic situation:
• Attractiveness of local organisations
• Old fashioned career expectations
• Show career paths different people from differentcountries have taken (real examples)
• Transfer Best Practices to emerging markets(Student challenges, events, etc.)
Corporate Partner Benchmarking MeetingSeptember, 2013
13M+
The Role of New Media in Engaging EmergingMarket Talent
The Role of New Media in Engaging EmergingMarket Talent3.3.
Alexander ZippLinkedInAccount Executive
Alexander ZippLinkedInAccount Executive
Feature Presentation
Alexander ZippAccount ExecutiveDACH
The Role of New Media in EngagingEmerging Market Talent
+ 238 000,000Registered members (July 2013)
8M+Canada
84M+United States
13M+Brazil
4M+Australia
74M+EMEA
21M+India
Recruitment SolutionsRecruitment Solutions
THE FIRST GLOBAL PROFESSIONAL BUSINESS NETWORK...
tbaChina & Russia
EverywhereWork wherever our
members work
InsightsBe great at what you do
IdentityConnect, find and be found
THE VALUE LINKEDIN BRINGS TO MEMBERS
Recruitment SolutionsRecruitment Solutions
Recruitment SolutionsRecruitment Solutions
SOCIAL MEDIA RECRUITING
ActiveActive
PassivePassive238,000,000+
User generated database Passive candidates
Megan Jain
ACME systems
Sales Manager
Prior position
Megan Jain
New HireNew Hire
Current position
Sales Manager
HIRING PROCESS EXAMPLE: LINKEDIN HIRES A SALES MANAGER
Recruitment SolutionsRecruitment Solutions
Sales ManagerPassive Candidate
LinkedInJobs
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I love my job
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HIRING AT SCALE WITH LINKEDIN TALENT SOLUTIONS
4 Products to attractyour ideal candidate:
-LinkedIn Career Page-Work with Us-Job Slots-Recruiter Seats
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OUR JOB BOARD WEEKLY EMAIL MOBILEHOME PAGE
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JOBS YOU MAY BE INTERESTED IN
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JOBS YOU MAY BE INTERESTED IN
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Bank of America
LinkedInSales Manager
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WORK WITH US ADS
134,916 monthly visitors
•Dynamic targeted content
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... And more!
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Veteran MobileTop Performer
Expand your reach toAccess the full network
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Met her. Ready to move in 6 months. Follow up in Oct.
Sales Manager
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at Acme SystemsSan Francisco Bay Area I Internet I via Networking
Sales Manager
Engage candidatesdirectly with InMail
Manage your pipelineof talent
THANK YOU
Corporate Partner Benchmarking MeetingSeptember, 2013
The Role of New Media in Engaging EmergingMarket Talent
The Role of New Media in Engaging EmergingMarket Talent3.3.
Nadya Huang & Michaela PleskovaNational University of Singapore & WU ViennaCEMS students
Nadya Huang & Michaela PleskovaNational University of Singapore & WU ViennaCEMS students
Feature Presentation
138Introduction New Media in APAC & CEE Our Social Media Experience & CEMS
The Role of New Media inEngaging Emerging Market
Talent• By Nadya Y. Huang &• Michaela Pleskova
139Introduction New Media in APAC & CEE Our Social Media Experience & CEMS
• We are not experts and these are just ourpersonal experiences and opinions.
• But we hope we can provide some insightsand get you excited about using new media toconnect with us!
Disclaimer
140Introduction New Media in APAC & CEE Our Social Media Experience & CEMS
Agenda
141Introduction New Media in APAC & CEE Our Social Media Experience & CEMS
Introduction
142Introduction New Media in APAC & CEE Our Social Media Experience & CEMS
• Born in Bratislava, Slovakia– Studied & worked in 6 countries
• Vienna University of Economics &Business (CEMS)
• User of Facebook, YouTube,LinkedIn, Instagram, Spotify– PR Responsible of CEMS Club
Vienna (in charge of social mediastrategy)
Michaela Pleskova
143Introduction New Media in APAC & CEE Our Social Media Experience & CEMS
• Singaporean born & bred– Chinese ethnicity
• National University of Singapore(CEMS)– Bachelor’s: Communications &
New Media
• Avid user of Facebook, Twitter,YouTube & Pinterest– LinkedIn, Google+ (& associated
features), Foursquare, Instagram
Nadya Y. Huang
144Introduction New Media in APAC & CEE Our Social Media Experience & CEMS
Media Usage in APAC
145Introduction New Media in APAC & CEE Our Social Media Experience & CEMS
Internet Usage in APAC
146Introduction New Media in APAC & CEE Our Social Media Experience & CEMS
Social Media Usage in APAC
147Introduction New Media in APAC & CEE Our Social Media Experience & CEMS
Popular Social Media in APAC
148Introduction New Media in APAC & CEE Our Social Media Experience & CEMS
Media Usage in CEE
149Introduction New Media in APAC & CEE Our Social Media Experience & CEMS
Internet Usage in CEE
CEE – formersocialistcountries, whichextend eastfrom the borderof Germany andsouth from theBaltic Sea to theborder withGreece
150Introduction New Media in APAC & CEE Our Social Media Experience & CEMS
Social Media Usage in CEE
151Introduction New Media in APAC & CEE Our Social Media Experience & CEMS
Popular Social Media & its Usage in CEE
152Introduction New Media in APAC & CEE Our Social Media Experience & CEMS
Our Social Media Experience& CEMS
153Introduction New Media in APAC & CEE Our Social Media Experience & CEMS
Nadya – Situation Analysis
• The first university in Asia; only one in SEA region;• Strong NUS brand name; doing master’s is not common.
– MSc <30; but CEMS <10.
• Awareness & Perceived value of CEMS: very low
154Introduction New Media in APAC & CEE Our Social Media Experience & CEMS10/10/2013 154
How I found out about CEMS?
155Introduction New Media in APAC & CEE Our Social Media Experience & CEMS
• How social epidemics happen– The Law of the Few– The Stickiness of the Message– The Power of Context
– The Law of Immunity: Clutter
The Tipping Point
156Introduction New Media in APAC & CEE Our Social Media Experience & CEMS
• Affects what we share, where we share,and how we share
• People in CEMS are enthusiastic about it– Cognitive dissonance because…
• People outside of CEMS are not.– Don’t know about it / don’t remember me
yabbering about it not relatable
– Don’t see the value of it get benefits thatare just as good as if they do CEMS CEMS isa backup!
The Law of Immunity & the Attitude towards CEMS
157Introduction New Media in APAC & CEE Our Social Media Experience & CEMS
Law of the Few Stickiness of the Message
Nadya’s Social Media Experience
Power of Context
158Introduction New Media in APAC & CEE Our Social Media Experience & CEMS
Michaela – Situation Analysis
• EU’s largest educational institution for business andeconomics, business law, and social sciences.
• Doing master’s is VERY common• Awareness & Perceived Value of CEMS: very high
159Introduction New Media in APAC & CEE Our Social Media Experience & CEMS
How I found out about CEMS?
I am going to studyCEMS!
What is that?
International, corporate partners, business projects,pre-experience master etc. WOW !!!
R.
M.
160Introduction New Media in APAC & CEE Our Social Media Experience & CEMS
CEMS & My Friends in Bratislava
• Bratislava is close to 3 CEMS schools (to Vienna 64km,to Budapest 200km, to Prague 340km)
• Studying International Management – GermanProgram at Comenius University: subjects in English,German, Slovak languages
• Manageria – organization for top 10 % studentsimproving soft& hard skills during studies, connectingstudents with successful Slovak business people
No knowledge about CEMS ??!!
161Introduction New Media in APAC & CEE Our Social Media Experience & CEMS
CEMS & My Community in Vienna
• Vienna University of Economics and Business – one of the biggest CEMScommunities
• Amazing CEMS Club which “plans your life”Many various activities (social, with corporate partners, CSR etc.)Corporate Partners are actively engaged
• Very active Facebook group: main channel of communicationQuestions answered within few minutes (regarding activities, subjects)Events Platform (CEMS official & spontaneously organized by students)Accommodation platform etc.
CEMS is very known & active in Vienna
162Introduction New Media in APAC & CEE Our Social Media Experience & CEMS
Do’s & Don’ts
163Introduction New Media in APAC & CEE Our Social Media Experience & CEMS
CEMS Office: Do’s
1. Advertise CEMS community (CEMS is a brand, so use digital marketingstrategies that are used by successful brands)
2. Create message we can share with other people(example: Guardian Article)
164Introduction New Media in APAC & CEE Our Social Media Experience & CEMS
Companies: Do’s
1.Make use of your CEMS alumni - the best brand ambassadors!
2. Find where active online CEMS communities are& connect CEMS students to your local offices
165Introduction New Media in APAC & CEE Our Social Media Experience & CEMS
Companies: Do’s
3. Grow your CEMS community within your company(example: Henkel)
166Introduction New Media in APAC & CEE Our Social Media Experience & CEMS
Don’t use generic messages!
while luring us with the promise of more information!
167Introduction New Media in APAC & CEE Our Social Media Experience & CEMS
Conclusion
168Introduction New Media in APAC & CEE Our Social Media Experience & CEMS
Social Media Globally
As fixed-broadband services becomemore affordable, penetrationincreases.
169Introduction New Media in APAC & CEE Our Social Media Experience & CEMS
The Value of Reciprocity
170Introduction New Media in APAC & CEE Our Social Media Experience & CEMS
Thank you for your attention!
Corporate Partner Benchmarking MeetingSeptember, 2013
• Nadya (CEMS Graduate)• Emir (CEMS Student)• Sarah (P&G)• Tara (CEMS Head Office)
• Nadya (CEMS Graduate)• Emir (CEMS Student)• Sarah (P&G)• Tara (CEMS Head Office)
The Role of New Media in Engaging EmergingMarket Talent
The Role of New Media in Engaging EmergingMarket Talent3.3.
Participant Workshop Outcomes
Corporate Partner Benchmarking MeetingSeptember, 2013
Contents
What do emerging market talents expect in terms of newmedia presence?What do emerging market talents expect in terms of newmedia presence?1.1.
What is the relevant new media in the emerging markets?What is the relevant new media in the emerging markets?2.2.
How are Corporate Partners currently interacting withemerging market talent via new media?How are Corporate Partners currently interacting withemerging market talent via new media?3.3.
What are the main hurdles to companies in makingeffective use of new media?What are the main hurdles to companies in makingeffective use of new media?4.4.
Which companies are currently most successfullymaking use of new media to attract EM talents?Which companies are currently most successfullymaking use of new media to attract EM talents?5.5.
What are the "don'ts" in using new media?What are the "don'ts" in using new media?6.6.
What are the best practices in the use of new media forattracting emerging market talent?What are the best practices in the use of new media forattracting emerging market talent?7.7.
Corporate Partner Benchmarking MeetingSeptember, 2013
1. What do emerging market talents expect in terms of newmedia presence?
• Concrete answers to questions they post on social media
• Targeted conversations (not generalised)
• Engagement and reciprocity
• Presence where the students are
Corporate Partner Benchmarking MeetingSeptember, 2013
Local markets:• Russia: vk.com, Yandex• China: Weibo, RenRen• DACH: Xing• France: Viadeo• Brazil: Orkut
Keep in mind:! Be quick in adapting to new media trends as they are
constantly evolving(eg. Pinterest, tumblr, Vine, Instagram…)! NB the target audience on each channel(e.g. Pinterest = more female based)
2. What is the relevant new media in the emergingmarkets?
Corporate Partner Benchmarking MeetingSeptember, 2013
• Social media presence is often created by employees in an uncontrolledmanner (eg. LinkedIn groups)
• Top management then realize the need for a strategy and a coordinatedapproach
• More and more employees are trained in social media• Few companies have regionally customized approaches• Local affiliates in emerging markets have their own approach• Should there be one corporate message or regionally differentiated
messages?• Specific content teams (coordinating role) for emerging markets
(eg. Reuters, Henkel)
! Question: the localized vs. centralized balanceWhat is best?
3. How are Corporate Partners currently interacting withemerging market talent via new media?
Corporate Partner Benchmarking MeetingSeptember, 2013
Reluctance (mind-set)Insecurity about compliance rulesFear of responsibility/time consumptionDifficulty to control what is posted in the name of the company versusposted as a personal statementLack of knowledge of local sites and how to use themLack of a corporate concept/strategy for social mediaLack of resourcesExpectation from students to interact
! If a decentralized approach is used, make sure the key valuesstill come across (eg. gatekeeper concept?)
4. What are the main hurdles to companies inmaking effective use of new media?
Corporate Partner Benchmarking MeetingSeptember, 2013
5. Which companies are currently most successfully makinguse of new media to attract emerging market talents?
• Heineken: “The Candidate”• P&G: “Thank you Mom” campaign• “there is a close link between marketing and employer branding”• McKinsey: have excellent consultants tweeting, creating valuable
content, giving back positive image to the company• Reuters: were effective in sharing content via social media• Deutsche Bank: “Unofficial guide to banking”
Deutsche Bank App for new employees
= creating content that will be shared (personalized and fun)= two-way communication / interaction (similar from marketing)
Corporate Partner Benchmarking MeetingSeptember, 2013
6. What are the "don'ts" in using new media?
Inactivity, if you are on social media
Generic messages (same content on all platforms)
Spend money on wrong channels
Be caught off guard (have a crisis plan)
Do not delete or censor (but train and clarify)
Corporate Partner Benchmarking MeetingSeptember, 2013
7. What are the best practices in the use of new media forattracting emerging market talent?
• Be timely, you can plan messages in the right timezones• Create sticky messages that are shared• Power of the context
Examples: P&G’s mothers supporting Olympic Games,Heineken’s “The Candidate”
• Post your content when most people are likely to read it• Sites like Glasdoor with user experience, intern reports should be in the
focus, comment and react• Appoint social media ambassadors, give trainings (Reuters has 700 social
media ambassadors)• Have a social media policy for your employees• Create a social media identity• Make sure Wikipedia is right• Adapt your message to the media being used
Eg. LinkedIn is more professional, Facebook more social
Corporate Partner Benchmarking MeetingSeptember, 2013
7. What are the best practices in the use of new media forattracting emerging market talent?
• Adapt your social media presence to mobile devices
• Engagement of alumni on social media to shareinternship offers
• Use brand marketing best practices for HR purposes(engagement)
Corporate Partner Benchmarking MeetingSeptember, 2013
Thank you!Thank you!
Name Country Group Company Job title
Anna Akhmedova Spain CEMS Alumna Aldo-union Manager, Business Development
Helen Jara Ureta Germany CEMS Alumna CEMS Alumna Key Account Manager
Wieteke Dupain Netherlands CEMS Alumna CEMS AlumniAssociation
Executive Director, CEMS AlumniAssociation
Ewa Penczek Germany CEMS Alumna Henkel AG & Co. KGaA Junior Controller
Wilma Huppertz Germany CEMS Alumna Henkel AG & Co. KGaA Senior Manager Corporate Talent
Florian Koelndorfer Germany CEMS Alumnus Amway Senior Brand Manager EuropeNutrition & Wellness
Matteo Cera Colombia CEMS Alumnus EOS Labs Sas / BocconiUniversity
Managing Director / Ex McKinseyalumnus
Torsten Röwekamp Germany CEMS Alumnus Henkel AG & Co. KGaA Purchasing Manager
Denisa Zichackova France CEMS HeadOffice CEMS Head Office Corporate Relations Manager
Nicole de Fontaines France CEMS HeadOffice
CEMS Head Office Secretary-General
Roland Siegers Germany CEMS HeadOffice
CEMS Head Office Executive Director
Tara Miller France CEMS HeadOffice
CEMS Head Office Corporate Relations Manager
Alexander Zipp Germany Consultant LinkedIn Germany GmbH Marketing &Account Executive DACH
Trine Hodal Denmark CorporatePartner A.P.Moller - Maersk Leadership Development Specialist
Micaela Saeftel Switzerland CorporatePartner ABB Head of Global Trainee Program
Cornelia Glock Germany CorporatePartner
ABB AG Head of HR Marketing
Nadine Herpers Germany CorporatePartner
Beiersdorf AG Talent Relationship Manager
Cristina Nunes de Abreu Portugal CorporatePartner
Daymon Worldwide HR Director EMENA & South America
Kristina Segura Switzerland CorporatePartner
EF Education First Recruitment & Development Director
Dr. Kourosh Bahrami Germany CorporatePartner Henkel AG & Co. KGaA Corporate Vice President - Global
Head of Sales
Jens Plinke Germany CorporatePartner Henkel AG & Co. KGaA Head of Employer Branding
Joana Adu Amponsah Germany CorporatePartner
Henkel AG & Co. KGaA Junior Employer Branding Manager
Johanna Griese Germany CorporatePartner
Henkel AG & Co. KGaA HR Executive Assistant
Katrin Steinbüchel Germany CorporatePartner
Henkel AG & Co. KGaA Corporate Vice President, HumanResources, Laundry & Home Care
Lena Rumjaneva Austria CorporatePartner
Henkel AG & Co. KGaACorporate HR Business PartnerConsumer Adhesives Regional HRBusiness partner Adhesives CEE
Melanie Zandona Germany CorporatePartner
Henkel AG & Co. KGaA Junior Product Line Manager -Automotive Adhesives
Simone Siebeke Germany CorporatePartner
Henkel AG & Co. KGaA Corporate Vice President HumanResources Beauty Care
Name Country Group Company Job title
Ellen Imasa China CorporatePartner
Henkel Asia Pacific Head, Regional Talent ManagementAsia Pacific
Tina Thallinger Austria CorporatePartner
Henkel Central EasternEurope
Human Resources CEE Recruitment &Employer Branding
Marwa Mohamed Egypt CorporatePartner
Henkel Middle East &Africa
Talent, Leadership & LearningManager - MEA Diversity & InclusionAmbassador for MEA
Elizabeth Bird UK CorporatePartner
Integration ManagementConsulting
HR Lead, EMEA
Matthew Suggett UK CorporatePartner
Integration ManagementConsulting Consultant
Marie Padberg Netherlands CorporatePartner
McKinsey Senior Manager EMEA Recruiting
Sarah Marie A. Bovbjerg Switzerland CorporatePartner Novo Nordisk Talent Attraction Specialist
Sarah Unkelbach Switzerland CorporatePartner
Procter & Gamble HR Associate Manager Global FabricCare
Vadim Gerstein Germany CorporatePartner
PwC, CEMS AlumniAssociation Board
Senior Consultant in Valuation &Strategy
Silvia Seiler Germany CorporatePartner Swiss Re Recruiter
Stefanie Weigelt Switzerland CorporatePartner
Swiss ReinsuranceCompany Ltd
University Marketing Manager
Bruno Bittis Germany CorporatePartner
Unibail-Rodamco / mfimanagement fürimmobilien AG
Head of Human Resources
Kim Tombarelli SpainCorporateRelationsManager
ESADE Business SchoolCareer Services Associate Director,Corporate Partnership & CEMS Corp.Relations Manager
Sandra Gilet BelgiumCorporateRelationsManager
Louvain School ofManagement
CEMS Corporate Affairs Manager
Frieda Franke TheNetherlands
CorporateRelationsManager
Rotterdam School ofManagement, ErasmusUniversity
CEMS Corporate Relations ManagerCareer Services Manager
Christa Leenen-Poser GermanyCorporateRelationsManager
University of Cologne CEMS Corporate Relations Manager
Burçak Çullu Turkey
CorporateRelations &ProgramManager
Koç University GraduateSchool of Business
CEMS Program and CorporateRelations Manager
Jana Belochova Austria
CorporateRelations &ProgramManager
Vienna University ofEconomics & Business CEMS Corporate Relations Manager
Christoph Sonnenschein Germany Faculty University of Cologne Head International Relations Center
Dr. Mark Elsner Germany Faculty University of Cologne Post-doc
Julia Monzel Germany Faculty University of Cologne Head of Career Service
Nawid Hoshmand Germany Faculty University of Cologne Research Assistant and PhD student
Prof. Dr. Martina Fuchs Germany Faculty University of Cologne Director Department of Economic andSocial Geography
Prof. Dr. Monika Trapp Germany Faculty University of Cologne CEMS Academic Director/ AssistantProfessor of Finance
Name Country Group Company Job title
Prof. Dr. Werner Mellis Germany Faculty University of CologneDean Faculty of Management,Economics and Social Sciences /CEMS Strategic Board Member
Susanne Schneider Germany Faculty University of Cologne Career Service Advisory
Maria Aluchna Poland Faculty Warsaw School ofEconomics
Associate Professor, CEMS AcademicDirector
Aurélie Civel Germany ProgramManager
University of Cologne International Programs Manager
Christoph Karl Germany ProgramManager University of Cologne Program Manager
Jutta Reusch Germany ProgramManager
University of Cologne CEMS Program Manager
Stefan Ewers Germany Social Partner CARE Deutschland-Luxemburg
Deputy National Director/BoardMember
Thomas Knoll Germany Social Partner CARE Deutschland-Luxemburg
Manager Volunteers and SchoolCampaigns
Sarah Möser Germany Social Partner CARE Deutschland-Luxemburg e.V.
Assistant Corporate Partnerships
Tamás Rolek Hungary Student Corvinus University ofBudapest Student
Kapoor Mrinal India Student
Corvinus University ofBudapest, IndianInstitute of ManagementCalcutta
Student
Jorge Federico Useche Cañon Germany StudentEscola de Administraçãode Empresas de SãoPaulo-FGV
Student
Paola Aguilera Brazil StudentEscola de Administraçãode Empresas de SãoPaulo-FGV
Student
Irina Zinoveva Russia Student
Graduate School ofManagement, Saint-Petersburg StateUniversity
Student
Olga Kotelnikova Russia Student
Graduate School ofManagement, StPetersburg StateUniversity
Student
Roman Shapurko Italy Student
Graduate School ofManagement, StPetersburg StateUniversity
Student
Nadya Huang Germany StudentHenkel / NationalUniversity of SingaporeCEMS
Talent, Learning, and Leadership (HRCIntern)
Benji Huo China Student HKUST Business School Student
Ankit Bhageria India Student IIM-A Student
Shivanshu Mishra India Student Indian Institute ofManagement Calcutta
Student
Srijan Sanket India Student Indian Institute ofManagement Calcutta Student
Kok Yip Soh Singapore Student National University ofSingapore
Student
Siew Hui Michelle Yap Singapore Student National University ofSingapore Student
Name Country Group Company Job title
Isabelle Ferreira USA Student Nova School of Businessand Economics
Student & Intern at Soros FundManagement
João Miguel Bragança Portugal Student Nova School of Businessand Economics Student and teaching assistant
Tomas Cordeiro Portugal Student Nova School of Businessand Economics
Student
Charlotte Ripke Ireland StudentSmurfit Business Schoolof University CollegeDublin
Student
Angelo Masullo Italy Student Università Bocconi Student
Alexander Nikolov Bulgaria Student University of Cologne Student
Ines Strohm Germany Student University of Cologne Student
Irina Pechotski Germany Student University of Cologne Student
Joana Greulich Germany Student University of Cologne Student Assistant
Lukas Held Germany Student University of Cologne Student
Oleg Nagaitsev Germany /Ukraine
Student University of Cologne PhD student
Pablo Krämer Germany Student University of Cologne Student Assistant
Phillip Schall Germany Student University of Cologne Student
Ruth Anna Hejtmanek Germany Student University of Cologne Student
Sanna Engell Germany Student University of Cologne Research Assistant
Kristina Möller Germany Student University of Cologne Student
Nancy Ge Germany Student University of Cologne Student
Michaela Pleskova Slovakia Student Vienna University ofEconomics & Business
Student & Henkel strategic brandingintern
Hannes Aigner Poland Student Warsaw School ofEconomics Student
Emir Çetinel Turkey Student Board Koç University GraduateSchool of Business
Student Board Representative
Philipp Sommer Germany Student Board University of Cologne Student
Corporate Partner Benchmarking MeetingSeptember, 2013
Thank you!Thank you!