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Economic Insights

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Covers:
* Industry Migration
* Growth and Diversity of the C-Suite
* Job Referrals

Presented at Strata 2015

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Economic Insights

  1. 1. Economic Insights From LinkedIn’s Professional Network Dr. June Andrews February 20, 2015 June Andrews Economic Insights February 20, 2015 1 / 30
  2. 2. Professional Social Graph June Andrews Economic Insights February 20, 2015 2 / 30
  3. 3. Explore Economic Insights 1 Industry Migration 2 C-Suite Growth 3 Future Colleagues June Andrews Economic Insights February 20, 2015 3 / 30
  4. 4. Significant Relations with Realtors Figure : Period of dramatic growth for real estate June Andrews Economic Insights February 20, 2015 4 / 30
  5. 5. Significant Relations with Realtors Figure : Period of economic change June Andrews Economic Insights February 20, 2015 5 / 30
  6. 6. Significant Relations with Construction Figure : Symmetric relationship between real estate and construction. Construction workers migrate between real estate and oil and mining. June Andrews Economic Insights February 20, 2015 6 / 30
  7. 7. Industry Migration - Mechanics Figure : Construction workers connecting with Oil & Mining over Real Estate June Andrews Economic Insights February 20, 2015 7 / 30
  8. 8. Industry Migration - Mechanics How? Is migration prompted by influential people? Is migration independent pockets of movement? June Andrews Economic Insights February 20, 2015 8 / 30
  9. 9. Industry Migration - Cascades Figure : Median is 4 neighbors migrated before conversion June Andrews Economic Insights February 20, 2015 9 / 30
  10. 10. Industry Migration - Mechanics Figure : Size of bubble is proportional to size of complete cascade. How? Migration is largely independent, with some cascades. June Andrews Economic Insights February 20, 2015 10 / 30
  11. 11. Explore Economic Insights 1 Industry Migration 2 C-Suite Growth 3 Future Colleagues June Andrews Economic Insights February 20, 2015 11 / 30
  12. 12. C-Suite Growth Figure : C-Suite size to company size. Two distinct periods of growth. June Andrews Economic Insights February 20, 2015 12 / 30
  13. 13. C-Suite Growth Figure : C-Suite approximate efficiency. Maximized at ≈ 3k employees. June Andrews Economic Insights February 20, 2015 13 / 30
  14. 14. C-Suite Growth Figure : C-Suite approximate efficiency. Maximized at ≈ 3k employees. June Andrews Economic Insights February 20, 2015 14 / 30
  15. 15. C-Suite Growth Implications Regardless of management philosophy, ratio of CXO’s to employees reaches a maximum Coincidentally, Stanford’s McCaw Hall’s capacity is 942 people. June Andrews Economic Insights February 20, 2015 15 / 30
  16. 16. C-Suite Growth Order of Growth June Andrews Economic Insights February 20, 2015 16 / 30
  17. 17. C-Suite Growth Order of Growth June Andrews Economic Insights February 20, 2015 16 / 30
  18. 18. C-Suite Growth Order of Growth June Andrews Economic Insights February 20, 2015 16 / 30
  19. 19. C-Suite Growth Order of Growth June Andrews Economic Insights February 20, 2015 16 / 30
  20. 20. C-Suite Growth Order of Growth June Andrews Economic Insights February 20, 2015 16 / 30
  21. 21. C-Suite Growth Order of Growth June Andrews Economic Insights February 20, 2015 16 / 30
  22. 22. C-Suite Growth Order of Growth June Andrews Economic Insights February 20, 2015 16 / 30
  23. 23. C-Suite Growth Order of Growth June Andrews Economic Insights February 20, 2015 16 / 30
  24. 24. C-Suite Growth Order of Growth June Andrews Economic Insights February 20, 2015 16 / 30
  25. 25. C-Suite Growth Order of Growth June Andrews Economic Insights February 20, 2015 16 / 30
  26. 26. C-Suite Growth Order of Growth 2nd C-Suite June Andrews Economic Insights February 20, 2015 17 / 30
  27. 27. C-Suite Growth Order of Growth 2nd C-Suite June Andrews Economic Insights February 20, 2015 17 / 30
  28. 28. C-Suite Growth Order of Growth 2nd C-Suite June Andrews Economic Insights February 20, 2015 17 / 30
  29. 29. C-Suite Growth Order of Growth 2nd C-Suite June Andrews Economic Insights February 20, 2015 17 / 30
  30. 30. C-Suite Growth Order of Growth 2nd C-Suite June Andrews Economic Insights February 20, 2015 17 / 30
  31. 31. C-Suite Gender Ratio Figure : Women’s positions in C-Suites grow faster than the C-Suite. Outliers are caused by Armed Security Organizations. June Andrews Economic Insights February 20, 2015 18 / 30
  32. 32. CEO Gender Ratio Figure : Growth trend for Women in the C-Suite holds for CEOs. Outliers are caused by Armed Security Companies. June Andrews Economic Insights February 20, 2015 19 / 30
  33. 33. CEO Gender Ratio Figure : Overlay of CEO ratio with C-Suite ratio June Andrews Economic Insights February 20, 2015 20 / 30
  34. 34. C-Suite Endorsements Figure : Complete picture of endorsements in the c-suite June Andrews Economic Insights February 20, 2015 21 / 30
  35. 35. C-Suite Endorsements Figure : In small companies women in the c-suite are highly endorsed June Andrews Economic Insights February 20, 2015 22 / 30
  36. 36. C-Suite Endorsements Figure : Improve by comparison to who? June Andrews Economic Insights February 20, 2015 23 / 30
  37. 37. Explore Economic Insights 1 Industry Migration 2 C-Suite Growth 3 Future Colleagues June Andrews Economic Insights February 20, 2015 24 / 30
  38. 38. Prior Research Weak Tie Roles How to Get a Job [Granovetter] A quarter of people receive jobs through their network. Four Degrees of Separation [Backstrom et al] Weak Ties are critical to traversal of online social networks June Andrews Economic Insights February 20, 2015 25 / 30
  39. 39. Probability Know Future Colleagues Figure : The power of your network is maximized at ≈ 45 June Andrews Economic Insights February 20, 2015 26 / 30
  40. 40. Probability Know Future Colleagues Figure : Increasing your network size, increases your network power. Dunbar’s Number is the number of active social relationships. June Andrews Economic Insights February 20, 2015 27 / 30
  41. 41. Weak Tie Roles Median Age of Connection to Company before Joining 15 Months Network Outside studies show referrals result in higher job satisfaction rates. Recommendation is invest in networking far in advance of job changes. June Andrews Economic Insights February 20, 2015 28 / 30
  42. 42. Thankyou! Thank you Sara Vera & Mathieu Bastian juneandrews.com June Andrews Economic Insights February 20, 2015 29 / 30
  43. 43. We’re Hiring Drive the Data Driven Decision Engine! June Andrews Economic Insights February 20, 2015 30 / 30

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