1. Economic Insights
From LinkedIn’s Professional Network
Dr. June Andrews
February 20, 2015
June Andrews Economic Insights February 20, 2015 1 / 30

2. Professional Social Graph
June Andrews Economic Insights February 20, 2015 2 / 30

3. Explore Economic Insights
1 Industry Migration
2 C-Suite Growth
3 Future Colleagues
June Andrews Economic Insights February 20, 2015 3 / 30

4. Significant Relations with Realtors
Figure : Period of dramatic growth for real estate
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5. Significant Relations with Realtors
Figure : Period of economic change
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6. Significant Relations with Construction
Figure : Symmetric relationship between real estate and construction.
Construction workers migrate between real estate and oil and mining.
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7. Industry Migration - Mechanics
Figure : Construction workers connecting with Oil & Mining over Real Estate
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8. Industry Migration - Mechanics
How?
Is migration prompted by influential people?
Is migration independent pockets of movement?
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9. Industry Migration - Cascades
Figure : Median is 4 neighbors migrated before conversion
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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. Explore Economic Insights
1 Industry Migration
2 C-Suite Growth
3 Future Colleagues
June Andrews Economic Insights February 20, 2015 11 / 30

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. C-Suite Growth
Figure : C-Suite approximate efficiency. Maximized at ≈ 3k employees.
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14. C-Suite Growth
Figure : C-Suite approximate efficiency. Maximized at ≈ 3k employees.
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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.
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16. C-Suite Growth Order of Growth
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17. C-Suite Growth Order of Growth
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18. C-Suite Growth Order of Growth
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19. C-Suite Growth Order of Growth
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20. C-Suite Growth Order of Growth
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21. C-Suite Growth Order of Growth
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22. C-Suite Growth Order of Growth
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23. C-Suite Growth Order of Growth
June Andrews Economic Insights February 20, 2015 16 / 30

24. C-Suite Growth Order of Growth
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25. C-Suite Growth Order of Growth
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26. C-Suite Growth Order of Growth 2nd
C-Suite
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27. C-Suite Growth Order of Growth 2nd
C-Suite
June Andrews Economic Insights February 20, 2015 17 / 30

28. C-Suite Growth Order of Growth 2nd
C-Suite
June Andrews Economic Insights February 20, 2015 17 / 30

29. C-Suite Growth Order of Growth 2nd
C-Suite
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30. C-Suite Growth Order of Growth 2nd
C-Suite
June Andrews Economic Insights February 20, 2015 17 / 30

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. CEO Gender Ratio
Figure : Growth trend for Women in the C-Suite holds for CEOs.
Outliers are caused by Armed Security Companies.
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33. CEO Gender Ratio
Figure : Overlay of CEO ratio with C-Suite ratio
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34. C-Suite Endorsements
Figure : Complete picture of endorsements in the c-suite
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35. C-Suite Endorsements
Figure : In small companies women in the c-suite are highly endorsed
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36. C-Suite Endorsements
Figure : Improve by comparison to who?
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37. Explore Economic Insights
1 Industry Migration
2 C-Suite Growth
3 Future Colleagues
June Andrews Economic Insights February 20, 2015 24 / 30

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. Probability Know Future Colleagues
Figure : The power of your network is maximized at ≈ 45
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40. Probability Know Future Colleagues
Figure : Increasing your network size, increases your network power.
Dunbar’s Number is the number of active social relationships.
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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. Thankyou!
Thank you Sara Vera & Mathieu Bastian
juneandrews.com
June Andrews Economic Insights February 20, 2015 29 / 30

43. We’re Hiring
Drive the Data Driven Decision Engine!
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