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„Innovation is a necessity and key to survive and
succeed in the market“
„Companies have to innovate
if they want
to stay competitive“
novation
Main idea
The main idea is to develop a tool which
allows recruitment professional and
companies create the challenge.
The challenge will helps recruiters find most talented
individuals based on real performance not "paper skills".
The challenge will helps companies
to obtain new ideas to improve their
business from the best professionals
in the field.
Challenges - for Recruiters
• As a tool it can be a part of talent solutions. • Recruiters will be able to decide between many jobseekers and find most
suitable person by creating a challenge for position they want to fill up. 1. Recruiters create a challenge and every jobseeker for that position will
have to solve that challenge. 2. To solve that challenge jobseekers have to use skills and knowledge
required for that position. So you will see the real performance in solving everyday working situations, you will also see the approach, efforts, creativity and other person’s nature you simple can not see during the interview or in the application form.
The most important thing is that recruiters can decide based on result from challenge between inexperienced job seekers (graduates) or between those who have similar working background. Recruiters can save a lot of time and money; instead of inviting all candidates to interview you can filter jobseekers based on result from challenge and invite only most promising individuals.
Challenges for companies
• It will be a tool which allows companies to create a challenge in order to solve any kind of „issue which need to be solved“ (new marketing solution, design, cost saving...)
• Any member on LinkedIn can solve the challenge if he has the skills to solve it.
• Challenge can be solved by huge number of professionals around the world.
• The more ideas and solutions from different minded people, the greater the likelihood of finding breakthrough solutions.
Challenges will be rewarded so company will pay for best idea (not attempts) reward will also motivate members to solve challenges. By using these challenges companies can obtain new fresh ideas (from outside the company) and also find talented individuals and gain possibility to work with them.
Largest professional network
in the world, it has more than
259 million users
=
Biggest
shared knowledge in the world !!!
Engineers Inventors Designers Architects Scientists Professors Doctors Creative people from all around the world...
Why ?
Why ?
More then 3 million companies
use LinkedIn
98 of 100 companies are listed at
Seeking for:
New bright ideas
New
products New
services New
designs...
Also seeking for: Creative, innovative, talented, open minded and problem
solving individuals to HIRE!
Companies
seeking for:
New... Ideas
Innovations
Solutions
Services
Products
Designs
Professionals
all over the world
in different fields:
Inventors
Creative persons
Marketing experts
Engineers
Scientists
Designers
Doctors
Architects
This is
the place
we are trying
to create
SOLU
TION
S
Goal and Mission
Improve LinkedIn Talent solution
Create a new LinkedIn product
because you have all of the ingredients...
1. Professionals – experts on site
2. Companies – seeking for innovation and talents
3. All you need is put it together
Innovation solutions
innovation solution
It is a premium service (paid) designed for
companies which allows them to create
innovation challenges (different types will be explaind in
the following slides)
It is a free/premium service for members
depending on type of challenge they want
to solve or participate in
1. Reward challenge
2. Talent seeking challenge
3. Free challenge
?
REWARDED
Ideas and innovation seeking
REWARD CHALLENGE
COMPANY creates a challenge in order to solve a problem (new product or service,
new design, new solution, software solutions, marketing solutions etc..)
COMPANY offering reward or percentage of income from new idea, innovation or
project (based on terms proposed in challenge)
MEMBERS will see challenges based on information in their profiles
(education, skills, experiences and so on...)
MEMBERS can add areas of interest to be able to join more challenges
EXAMPLE:
REWARDED CHALLENGE
COMPANY X want to develop a new product
Company creates a challenge and provide all the information: How the product: should look should be designed for What product should do How it should works
CHALLENGE will be posted to LinkedIn with due date and of course the reward for solving it e.g. Reward 20 000$ - 3 months to solve
MEMBERS send their drafts, proposals, Suggestions....
COMPANY X will pick the $$ WINNING idea $$
and will pay out the price
After the challenge is posted, MEMBERS can sign in. They will be seen on challenge page as a challenge solvers. That allows them to start working on the challenge (join discussion about challenge, post challenge in a group, share challenge on the other sites or to cooperate with another solvers
And so on...
Company pays only for the best idea not for the attempts
Talent seeking Talent seeking challenge
Hiring and head hunting
How do you decide between similar job seekers
or two inexpirienced job seekers ?
That is Simple...
You create a challenge for available position... To solve that challenge job seekers
have to use skills and knowledge required for that position. You will not only see
who will be better in solving everyday working situation but you will also see
the approach, efforts, creativity and other persons nature you simple can not see
during the interview or in the application form. Based on solutions from candidates you can simply decide and
find most talented and most suitable individuals for your company
Excellent tool for recruiters especially for filling positions
which require creativity and problem solving skills
FREE Free challenges
Make things work better
Free challenges can create any premium member
But they are most suitable for: small companies
non-profit organizations
government organizations
They should solve problems required a professional point of view
But Free Challenges are more suitable for obtaining opinions,
ideas, feedback, proposals... from professionals on LinkedIn
LinkedIn members:
Every user can solve Free challenges
For solving Talent seeking challenges
users have to have Job seeker account
For rewarded challenge they have to
upgrade their profile to Premium solver
account
innovation solution
Companies:
It is a premium product / service for
companies which allows them to create
innovation challenges
It is a premium product / service for
Recruiters witch allows them to create
talent seeking challenges
innovation solution
Advantages for members
• To become an innovator
• To share and show ideas
• To fully use their potential
• To offer the knowledge and experience
• To earn and make profit
• To start several micro-careers
• To build portfolio of solved challenges
Advantages for companies
• Getting entire new ideas
• Connect with most talented individuals
• Improve existing services/products...
• Pay for results not for attempts
• Finding talented employees (hiring)
• To use full potential of open innovations
• Disrupt stereotype in your industry and get ideas fresh as startups
Potential in come
1. Company paying for possibility to create Rewarded challenges
2. Members which want to solve rewarded challenges have to upgrade their profiles to premium solver (new type of profile upgrade/paid)
3. Recruiters/companies paying for possibility to create
Talent seeking challenges
4. Job seekers have to upgrade to Job seeker/Job seeker plus if they want to solve talent seeking challenges (more job seekers became a premium users)
It is difficult to estimate how many new premium members it will generate... but if only 1% of companies on LinkedIn will be
involved (for example 50$/month) more than 18 000 000 $ of
profit will be generated every year only from companies and of course it will causes a BIG increase of premium users
You have all you
need to do it...
