Talentnet live - johnson and beygelman dallas september 13 2013

Serial Entrepreneur: Transforming Recruitment & Redefining HR - @AkiKakko at GlobalHRU
Sep. 18, 2013
Talentnet live  - johnson and beygelman dallas september 13 2013
Talentnet live  - johnson and beygelman dallas september 13 2013
Talentnet live  - johnson and beygelman dallas september 13 2013
Talentnet live  - johnson and beygelman dallas september 13 2013
Talentnet live  - johnson and beygelman dallas september 13 2013
Talentnet live  - johnson and beygelman dallas september 13 2013
Talentnet live  - johnson and beygelman dallas september 13 2013
Talentnet live  - johnson and beygelman dallas september 13 2013
Talentnet live  - johnson and beygelman dallas september 13 2013
Talentnet live  - johnson and beygelman dallas september 13 2013
Talentnet live  - johnson and beygelman dallas september 13 2013
Talentnet live  - johnson and beygelman dallas september 13 2013
Talentnet live  - johnson and beygelman dallas september 13 2013
Talentnet live  - johnson and beygelman dallas september 13 2013
Talentnet live  - johnson and beygelman dallas september 13 2013
Talentnet live  - johnson and beygelman dallas september 13 2013
Talentnet live  - johnson and beygelman dallas september 13 2013
Talentnet live  - johnson and beygelman dallas september 13 2013
Talentnet live  - johnson and beygelman dallas september 13 2013
Talentnet live  - johnson and beygelman dallas september 13 2013
Talentnet live  - johnson and beygelman dallas september 13 2013
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Talentnet live - johnson and beygelman dallas september 13 2013

Editor's Notes

  1. A collection of data sets so large and complex that it becomes difficult to process using on-hand database management tools or traditional data processing applications (wikipedia).
  2. A collection of data sets so large and complex that it becomes difficult to process using on-hand database management tools or traditional data processing applications (wikipedia).
  3. 1 Petabyte = One Quadrillion Bytes (1,000,000,000,000,000 Bytes) – equivalent to 20 Million filing cabinets worth of text or a 45 mile high stack of CDs1 Exabyte = 1,000 petabytesWe’ve already come up with the next-generation of data terms – a Zettabyte is 1,000 Petabytes and a Yottabyte is 1,000 ZettabytesEvery 24 hours300 billion emails are sent22 billion text messages are sent3 billion videos are viewed on YouTube480 million people log to Facebook30 Billion pieces of facebook content added per month250 million pictures are uploaded to Facebook250 million tweets are sent1 million pictures are uploaded to Flickr58,630 websites are added to the InternetExample: The MIT Media Lab used cell phone location data to infer number of shoppers in Macy’s parking lots on Black Friday – estimating sales before Macy’s had even recorded the sale.Real-time data extremely valuable, but may degrade in value very quickly as time passesData may be fleeting if not capturedBlogs can be changed, postings can be un-postedWeb visitor data may be purgedSources of data:Social networksData from POS systemsGPS readings from cell phonesWeb browser dataData from downloaded and used smartphone appsData from club loyalty cards
  4. Your grocery store knows what brand of soda you buyNetflix knows what shows you watchYour credit card company knows where you shopAmazon knows what products you consider before you buy what you ultimately buyMany companies know your name, age, address, number of children, gender and average household incomeYour smartphone knows where you’ve been and who you’ve been talking withYour smartphone apps know what you ate yesterday, what movies you considered seeing and which you bought tickets for, where you got your morning coffee, and what flight you are on tomorrow…Giving anyone who can aggregate all this data a FRIGHTENINGLY accurate picture of you as a consumer, and as a human being
  5. Your grocery store knows what brand of soda you buyNetflix knows what shows you watchYour credit card company knows where you shopAmazon knows what products you consider before you buy what you ultimately buyMany companies know your name, age, address, number of children, gender and average household incomeYour smartphone knows where you’ve been and who you’ve been talking withYour smartphone apps know what you ate yesterday, what movies you considered seeing and which you bought tickets for, where you got your morning coffee, and what flight you are on tomorrow…Giving anyone who can aggregate all this data a FRIGHTENINGLY accurate picture of you as a consumer, and as a human being
  6. Per Annie: We are capturing all of the standard data points such as name, e-mail, phone, source, address, previous employers, education, etc. on each candidate.  In addition, applicant tracking systems and CRM’s are tracking numerous other data points related to a single candidate.  For example, the status they were given in an ATS (i.e. Schedule Phone Screen), date they were moved into an individual status, the user that moved that candidate into a status, the source status that the candidate was coming from before being moved into the current status, the e-mail that was generated when they were moved into the status, whether or not the candidate opened an e-mail that was sent to them, the date of which the applicant updated their profile, the note that was added to the candidate’s profile, the date of the note, the recruiter that added the note, etc. So, to arrive at the 2,520 number, Luke looked at the Peoplefluent and Avature database fields to determine how many data points are related to a single candidate.  Although Peoplefluent is robust, it doesn’t track quite as many data points as Taleo, so we felt it was a solid representation, especially since it’s our preferred ATS.5,000 employee company hiring 500 jobs a year for the last 5 yearsEach job yields 50 applicants315 Million data points (5,000*500*5*2520)Multiple systems – ATS, HRIS, CRM, Multiple formats – Databases, paper applications, resume documents  
  7. http://www.slate.com/articles/technology/technology/2013/01/google_people_operations_the_secrets_of_the_world_s_most_scientific_human.single.html - answer that the ideal number of interviews at Google was found to be --- 4
  8. 10,000 union hourly employees preparing food, 1500 people supporting
  9. 10,000 union hourly employees preparing food, 1500 people supporting
  10. Per Annie: Here are the number of candidates for slide 21. CRM – 156,022ATS – 108,252 If you want to quote in data points instead of candidates… of the 2,520 data points associated with the candidate, approximately 200 are in Avature and 2,320 are in the ATS.  So the numbers for Gate would come out to (approximate):CRM – 31,204,400 data pointsATS – 251,144,640 data points
  11. Include discussion of what initiatives are being taken
  12. Problem: Traditional sourcing directly around the airport was not generating many applicants or hires.Solution: Started more passive outreach in the footprint near the airport where we weren’t getting peopleProblem: A lot of applicants from certain areas would make it to interview, but not the hireSolution: Changed screening process to be more transparent about schedules and allow people to consider transportation options (public transportation etc.)Problem: High turnover Solution: Evaluated turnover - identified specific zip codes where retention was higher by analyzing attrition data and targeted those zip codes for sourcing
  13. LinkedIn knows when you last updated your profile and where you’ve workedMonster knows what jobs you’ve applied for Google knows what job searches you have done and what pages you’ve visited (e.g. “How do I format my resume”)Equifax knows where you live and about what you earnSpotify knows what music you listen toYour credit card company knows how much you travelTheoretically, I could identify a Sales Manager making 80k who lives in Minneapolis, has worked in the printing industry, who is actively looking for work right now, or likely to start looking soon, who is used to traveling at least 10 days a month, and likes the Foo Fighters.