What's the Big Deal with Big Data in Recruiting & HR?

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What's the Big Deal with Big Data in Recruiting & HR?

  1. 1. #BLOGGING4JOBS
  2. 2. #BLOGGING4JOBS APPROVED FOR 1.0 HRCI RECERTIFICATION CREDIT ! ! ! ! ! ! ! HRCI program number sent to you via email upon program completion. !
  3. 3. #BLOGGING4JOBS OUR SPONSOR
  4. 4. HOW THE WORLD’S TOP COMPANIES ATTRACT TALENT
  5. 5. #BLOGGING4JOBS OUR PANELISTS Jessica ! Miller-Merrell! @jmillermerrell! Caleb! Fullhart ! @cjfullhart! Alex! Hunsucker! @alexhunsucker!
  6. 6. #BLOGGING4JOBS WHAT IS BIG DATA? •  Analyzing of human capital information and numbers with the goal of finding patterns to support and make better business decisions!
  7. 7. #BLOGGING4JOBS BIG DATA ALLOWS YOU TO •  Establish patterns! •  Predict the unpredictable! •  Decrease uncertainty !
  8. 8. #BLOGGING4JOBS BASIC TERMINOLOGY •  Predictive Analytics! •  Forecasting ! •  Pattern Analysis! •  Workforce Analytics !
  9. 9. #BLOGGING4JOBS POLL QUESTION: WHAT TYPE OF BIG DATA IS MOST IMPORTANT TO ME? •  Candidates in your ATS ! •  External candidate sources! •  Tweets & social media from job seekers! •  Sales Results & Projections! •  Succession planning !
  10. 10. #BLOGGING4JOBS WHAT IS BIG DATA?
  11. 11. #BLOGGING4JOBS BIG DATA SOURCES CAN BE ! •  Internal! – Employee scheduling & forecasting! –  Promotions and improving work productivity ! – Existing ATS or talent communities ! – Internal social networks ! •  External ! – Job seeker patterns! – Competitor activity ! – Social media!
  12. 12. #BLOGGING4JOBS THE THREE V’S OF BIG DATA
  13. 13. #BLOGGING4JOBS STEP 1: ESTABLISH GOALS & PRIORITIES
  14. 14. #BLOGGING4JOBS STEP 2: COLLECT THE DATA •  Multiple data points with thousands of data ! •  Collect public data ! •  Data from competitors !
  15. 15. #BLOGGING4JOBS STEP 3: ANALYZE THE DATA
  16. 16. #BLOGGING4JOBS STEP 3: ANALYZE THE DATA •  Consider bringing in an expert! •  Locate patterns ! •  Use charts, graphs, & heat maps !
  17. 17. #BLOGGING4JOBS STEP 4: DRIVE CHANGE FROM DATA •  Let the data guide you! •  Update process or standard procedure ! •  Measure success/failure ! •  Constantly re-evaluate !
  18. 18. #BLOGGING4JOBS POLL QUESTION: WHERE ARE YOU IN YOUR BIG DATA STRATEGY ? •  Step 1: Goal Setting! •  Step 2: Collecting Data! •  Step 3: Analyzing Data! •  Step 4: Driving Change! •  None of the above !
  19. 19. #BLOGGING4JOBS WHERE TO BEGIN •  Look for existing databases like candidate data! •  Have faith in the data! •  Establish top 3 priorities !
  20. 20. #BLOGGING4JOBS QUESTIONS?
  21. 21. #BLOGGING4JOBS OUR SPONSOR
  22. 22. #BLOGGING4JOBS LEARN MORE ABOUT . . . •  Caleb Fullhart www.b4j.co/calebfullhart! •  Alex Hunsucker www.b4j.co/alexhunsucker! •  Jessica Miller-Merrell www.b4j.co/jmillermerrell! Resources;Aberdeen’s Workforce Analytics in Retail: http://b4j.co/bigdataretail; Meet the New Boss: Big Data, Forbes: http://b4j.co/bossdata; The Analytics Advantage by Deloitte http://b4j.co/deloittebigdata; HR Examiner’s Big Data Series: http://b4j.co/bigdatadebate
  23. 23. #BLOGGING4JOBS APPROVED FOR 1.0 HRCI RECERTIFICATION CREDIT ! ! ! ! ! ! ! HRCI program number sent to you via email 
 upon program completion. !

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