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Nigel Wright Recruitment

The effect of social media on business practices: An
            overview of European trends
company introduction
company profile



•   Founded in the United Kingdom in 1988
                                                     Office locations
•   Specialist in consumer sector recruitment in
    all key disciplines
                                                   • London
•   65 Consumer Sector specialist consultants      • Newcastle
•   Full back office support, analysts, database   • Copenhagen
    and administration
                                                   • Paris
•   YOY growth of 22% averaged over past 4         • Stockholm
    years
                                                   • Amsterdam
•   Full international reach through own
    network of office locations
our vision, purpose and values



VISION
                                                      VALUES
Our vision is to build a secure, socially
responsible, and sustainable organisation of
international acclaim where outstanding              • Service Excellence
customer service and innovative solutions make       • Winning
us the best at what we do, the leader of our
                                                     • Fun
markets, and a great place to work.
                                                     • Excitement
PURPOSE
                                                     • Drive
Our purpose is to deliver a recruitment solution     • Competitive
that exactly matches the business needs of our
                                                     • International
customers by leveraging our knowledge and
operational expertise in the specialist markets in   • Enabling
which we operate.                                    • Innovate
capability
geographical scope
benefit



Nigel Wright provide insight into a specific marketplace, we
give our clients the opportunity to access global talent and
we are able to provide strategic input based on market
intelligence. We see our involvement with your company as
a strategic business alliance, enabling your company to
assemble an exceptional team.
what our clients say



       When we were looking to recruit a Business Manager Nigel Wright were able to provide a shortlist of candidates
       that fully met our requirements. The consultant who managed the recruitment process took the time to visit our
       business and take the brief in person. The consultant's own industry experience was evident from his
       understanding of our business and his professional networks enabled him to find precisely the individual that we
       were looking for. This has enabled us to strengthen our existing team considerably.

       FLORETTE – SANDY SEWELL, COMMERCIAL DIRECTOR




       Over several years Nike have established a highly effective working partnership with Nigel Wright. This
       relationship has succeeded through Nigel Wright’s ability to source people who not only have the technical skills
       that we require but perhaps more importantly to find people who possess the behavioural competencies that are
       critical in helping Nike to retain its culture.

       Additionally, Nigel Wright acting as our representative to people in the market continues to demonstrate a
       number of attributes that have proven to be a major asset in helping us to attract quality people to our business,
       not least: respect, common sense and a personalised customer service.

       NIKE UK LTD - PETER WISNIEWSKI, HR DIRECTOR
the effect of social media on business
               practices:
    an overview of European trends
executive summary



• Social media is ubiquitous - an integral part of people’s lives
  across the world – it is a phenomenal tool for communications.

• It is increasingly becoming the space where professional and
  private lives are lived across the world.

• Engaging with peer groups across a wide range of social
  networking platforms, is essential.
Key drivers



• Increased expectation amongst stakeholders that they should be
  able to debate issues and share ideas with institutions across social
  media platforms


• Rapid adoption by activist communities as a means of getting
  publicity and support
The role of social media



• Tracks sentiment and give advance warning
• Rally supporters and mobilise/inspire internal audiences
• Supercharge customer relations
• Engage critics
• Facilitate stakeholder involvement in product, policy or service
  development
• Sustain and amplify the impact of other marcoms
• Drive seo performance
• Measurement tool
T mobile flash mob




     26 million views on youtube
Tahrir square Cairo
professional and social networking
users worldwide

Leaders in professional and social networking: user numbers

• Facebook – 500 million

• Twitter – 200 million

• Linkedin: 85 million

• Viadeo: 35 million

• Xing: 10 million
recent developments



Integration of social and professional networking.

• Facebook launches LinkedIn ‘resume style’ profile for users and
  ‘work for us’ app. for employers.

• LinkedIn allows users to ‘follow’ companies and brands and
  integrates # hashtag function with Twitter

• Viadeo buys two social media sites (Tanji.com in China,
  ApnaCircle in India)
social media – good for business
but is it good for recruitment?

• Knowledge sharing is made easier through the adoption of social
  media tools


• Companies can take advantage of this open access, but they need
  to understand the rules of engagement


• Candidates who want to be found are not necessarily the best for
  the difficult to fill roles


• The candidate database has not gone public - it is inaccurate,
  disorganised and incomplete.
Socail media challenge



Connected consumer                      Disconnected organisation
                             MEETS




Able to scrutinise, debate           Unable to present a united view
And share issues                     and respond to feedback
Reveals silos                        quickly
Underlines structural
weaknesses
Generation Y and the workplace
Generation y and the work place



• Flexible working
    – 85% want to spend 30-70% of time working from home
• Other priorities
    – Work life balance
    – Personal development
    – Exciting job
    – Motivational management


         Not afraid to ask and not afraid to walk away
Subverting the milk round
Employer brand



• The brand is on show


• Candidates will know far more about you that you know about them


• They will already have formed their views on your organisation and
  the people in it.
the disadvantages of incorporating social
     media into recruitment practises
risks



 There are limitations and risks associated with engaging future
 employees via social media:
 • Diversity
 • Transparency
 • Discrimination
 • Confidentiality
 • Branding
you only see what you see



Online profiles don’t necessarily paint an accurate picture of the
individual – candidates are selective:


        •   Some candidates are concerned about security issues
        •   Others are wary of being victims of discrimination
        •   Some use the space as a public resume – but it can’t always be
            taken at face value


Being represented by a recruiter offers security - Candidates are more
willing to openly share relevant information in a confidential transaction.
employers perspective….


• Employees who promote themselves too effectively online, are
  vulnerable to poaching. Many companies restrict access to social
  networking during office hours.


• Most employers don’t allow confidentail information about the
  company to be published online. For example: key clients or sales
  targets achieved…


• These details are usually shared confidentially during a rigorous
  assesment process during a consultancy run recruitment
  assignment.
diversity: missing the talent…


    Interesting demographics:

 • Just over 80% of LinkedIn users are Caucasian and only 30% are
   at Director or Manager level. (Quantcast, 2010)

 • Only a small percentage of social media users have postgraduate
   degrees. (Google, 2010)

 • High earners (£100k+) are a minority (Google, 2010)

 • World internet penetration rates from June 2010 highlight that 42%
   of Europeans are still not online. (World Internet Stats, 2010)
brand and reputation management


• To attract candidates companies have to be wary of how the
  ‘employer brand’ is perceived online.

• Hiring managers must work closely with marketers to get the message
  right – via social networking sites, corporate videos, blogs etc.

• When a hire is made, loyalty isn’t guaranteed - Social media allows
  employees to scrutinise their employers more than ever before.

• Ensuring employee retention is an important part of any recruitment
  strategy and another area where an intimate understanding of the role
  of social media is crucial.

• Social media sites are now beginning to compete for ‘employer
  branding’ space.
The social media trap
relationships matter



 • With the arrival of social media, professional relationships have
   been democratised.


 • Checking a candidate’s credentials through his or her profile on
   social media sites is global trend – but it isn’t reliable.


 •   Recruitment firms continue to add real value by knowing the on and
     off line candidate pool intimately.


 • You can’t replace real relationships with social media messages
new added value…


• As social media technology continues to evolves it presents an exciting
  opportunity for business communities over the next decade.

• In truth social media hasn’t created any new information it has just
  made some of what was already there more accessible to more people
  and in doing so it educates and informs.

• Sharing best practice and keeping in touch with peer groups and
  listening to demands and feedback from the market place is made
  easier

• Ultimately in staffing terms success will be measured by the quality of
  the shortlist. This is only achieved after a robust identification, interview
  and evaluation process.
Pros of using social media


Pros

• Cost effective - social media hiring is low cost and for low value or
  entry level hires is being considered by more and more clients

• Fast – There are many examples of employers using social media
  sites to make ‘quick’ interim hires.

• Employer Branding and Retention – There is a plethora of social
  media tools online for companies to effectively promote the employer
  brand to prospective hires and current employees. But still use the
  professional recruitment industry to manage their talent acquisition
  program.
Cons of using social media


Cons
• Lacks diversity - 83% of LinkedIn users are Caucasian. (Quantcast,
  2010)
• Time consuming – too much information for companies who want
  to conduct a detailed and robust search. This is where recruiters
  come into their own.
• Lack of control – managing brand outposts is tricky and inevitably
  negative content will slip through the net.
• Transparency – how reliable is candidate information online?
• Discrimination – Personal information could lead to employers being
  influenced by factors like race, religious views and age.
• Limited – ultimately the candidate can decide what information they
  are willing to share. You only see what you see
final thoughts…


• Although, as an employer, some quick gains can be achieved; using
  this method exclusively for recruitment, particularly beyond entry point
  hires is not recommended due to the limitations already highlighted

• You can’t rely on who may or may not have an online profile, nor can
  you be sure that the information contained in it is true.

• The main strengths of social media for a hiring company lie in allowing
  them to project their employer brand and reputation beyond where it is
  normally seen to enhance attraction and retention
any questions?

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The effect of social media on business practices: An overview of European trends

  • 1. Nigel Wright Recruitment The effect of social media on business practices: An overview of European trends
  • 3. company profile • Founded in the United Kingdom in 1988 Office locations • Specialist in consumer sector recruitment in all key disciplines • London • 65 Consumer Sector specialist consultants • Newcastle • Full back office support, analysts, database • Copenhagen and administration • Paris • YOY growth of 22% averaged over past 4 • Stockholm years • Amsterdam • Full international reach through own network of office locations
  • 4. our vision, purpose and values VISION VALUES Our vision is to build a secure, socially responsible, and sustainable organisation of international acclaim where outstanding • Service Excellence customer service and innovative solutions make • Winning us the best at what we do, the leader of our • Fun markets, and a great place to work. • Excitement PURPOSE • Drive Our purpose is to deliver a recruitment solution • Competitive that exactly matches the business needs of our • International customers by leveraging our knowledge and operational expertise in the specialist markets in • Enabling which we operate. • Innovate
  • 7. benefit Nigel Wright provide insight into a specific marketplace, we give our clients the opportunity to access global talent and we are able to provide strategic input based on market intelligence. We see our involvement with your company as a strategic business alliance, enabling your company to assemble an exceptional team.
  • 8.
  • 9. what our clients say When we were looking to recruit a Business Manager Nigel Wright were able to provide a shortlist of candidates that fully met our requirements. The consultant who managed the recruitment process took the time to visit our business and take the brief in person. The consultant's own industry experience was evident from his understanding of our business and his professional networks enabled him to find precisely the individual that we were looking for. This has enabled us to strengthen our existing team considerably. FLORETTE – SANDY SEWELL, COMMERCIAL DIRECTOR Over several years Nike have established a highly effective working partnership with Nigel Wright. This relationship has succeeded through Nigel Wright’s ability to source people who not only have the technical skills that we require but perhaps more importantly to find people who possess the behavioural competencies that are critical in helping Nike to retain its culture. Additionally, Nigel Wright acting as our representative to people in the market continues to demonstrate a number of attributes that have proven to be a major asset in helping us to attract quality people to our business, not least: respect, common sense and a personalised customer service. NIKE UK LTD - PETER WISNIEWSKI, HR DIRECTOR
  • 10. the effect of social media on business practices: an overview of European trends
  • 11. executive summary • Social media is ubiquitous - an integral part of people’s lives across the world – it is a phenomenal tool for communications. • It is increasingly becoming the space where professional and private lives are lived across the world. • Engaging with peer groups across a wide range of social networking platforms, is essential.
  • 12. Key drivers • Increased expectation amongst stakeholders that they should be able to debate issues and share ideas with institutions across social media platforms • Rapid adoption by activist communities as a means of getting publicity and support
  • 13. The role of social media • Tracks sentiment and give advance warning • Rally supporters and mobilise/inspire internal audiences • Supercharge customer relations • Engage critics • Facilitate stakeholder involvement in product, policy or service development • Sustain and amplify the impact of other marcoms • Drive seo performance • Measurement tool
  • 14. T mobile flash mob 26 million views on youtube
  • 16. professional and social networking users worldwide Leaders in professional and social networking: user numbers • Facebook – 500 million • Twitter – 200 million • Linkedin: 85 million • Viadeo: 35 million • Xing: 10 million
  • 17. recent developments Integration of social and professional networking. • Facebook launches LinkedIn ‘resume style’ profile for users and ‘work for us’ app. for employers. • LinkedIn allows users to ‘follow’ companies and brands and integrates # hashtag function with Twitter • Viadeo buys two social media sites (Tanji.com in China, ApnaCircle in India)
  • 18. social media – good for business but is it good for recruitment? • Knowledge sharing is made easier through the adoption of social media tools • Companies can take advantage of this open access, but they need to understand the rules of engagement • Candidates who want to be found are not necessarily the best for the difficult to fill roles • The candidate database has not gone public - it is inaccurate, disorganised and incomplete.
  • 19. Socail media challenge Connected consumer Disconnected organisation MEETS Able to scrutinise, debate Unable to present a united view And share issues and respond to feedback Reveals silos quickly Underlines structural weaknesses
  • 20. Generation Y and the workplace
  • 21. Generation y and the work place • Flexible working – 85% want to spend 30-70% of time working from home • Other priorities – Work life balance – Personal development – Exciting job – Motivational management Not afraid to ask and not afraid to walk away
  • 23. Employer brand • The brand is on show • Candidates will know far more about you that you know about them • They will already have formed their views on your organisation and the people in it.
  • 24. the disadvantages of incorporating social media into recruitment practises
  • 25. risks There are limitations and risks associated with engaging future employees via social media: • Diversity • Transparency • Discrimination • Confidentiality • Branding
  • 26. you only see what you see Online profiles don’t necessarily paint an accurate picture of the individual – candidates are selective: • Some candidates are concerned about security issues • Others are wary of being victims of discrimination • Some use the space as a public resume – but it can’t always be taken at face value Being represented by a recruiter offers security - Candidates are more willing to openly share relevant information in a confidential transaction.
  • 27. employers perspective…. • Employees who promote themselves too effectively online, are vulnerable to poaching. Many companies restrict access to social networking during office hours. • Most employers don’t allow confidentail information about the company to be published online. For example: key clients or sales targets achieved… • These details are usually shared confidentially during a rigorous assesment process during a consultancy run recruitment assignment.
  • 28. diversity: missing the talent… Interesting demographics: • Just over 80% of LinkedIn users are Caucasian and only 30% are at Director or Manager level. (Quantcast, 2010) • Only a small percentage of social media users have postgraduate degrees. (Google, 2010) • High earners (£100k+) are a minority (Google, 2010) • World internet penetration rates from June 2010 highlight that 42% of Europeans are still not online. (World Internet Stats, 2010)
  • 29. brand and reputation management • To attract candidates companies have to be wary of how the ‘employer brand’ is perceived online. • Hiring managers must work closely with marketers to get the message right – via social networking sites, corporate videos, blogs etc. • When a hire is made, loyalty isn’t guaranteed - Social media allows employees to scrutinise their employers more than ever before. • Ensuring employee retention is an important part of any recruitment strategy and another area where an intimate understanding of the role of social media is crucial. • Social media sites are now beginning to compete for ‘employer branding’ space.
  • 31. relationships matter • With the arrival of social media, professional relationships have been democratised. • Checking a candidate’s credentials through his or her profile on social media sites is global trend – but it isn’t reliable. • Recruitment firms continue to add real value by knowing the on and off line candidate pool intimately. • You can’t replace real relationships with social media messages
  • 32. new added value… • As social media technology continues to evolves it presents an exciting opportunity for business communities over the next decade. • In truth social media hasn’t created any new information it has just made some of what was already there more accessible to more people and in doing so it educates and informs. • Sharing best practice and keeping in touch with peer groups and listening to demands and feedback from the market place is made easier • Ultimately in staffing terms success will be measured by the quality of the shortlist. This is only achieved after a robust identification, interview and evaluation process.
  • 33. Pros of using social media Pros • Cost effective - social media hiring is low cost and for low value or entry level hires is being considered by more and more clients • Fast – There are many examples of employers using social media sites to make ‘quick’ interim hires. • Employer Branding and Retention – There is a plethora of social media tools online for companies to effectively promote the employer brand to prospective hires and current employees. But still use the professional recruitment industry to manage their talent acquisition program.
  • 34. Cons of using social media Cons • Lacks diversity - 83% of LinkedIn users are Caucasian. (Quantcast, 2010) • Time consuming – too much information for companies who want to conduct a detailed and robust search. This is where recruiters come into their own. • Lack of control – managing brand outposts is tricky and inevitably negative content will slip through the net. • Transparency – how reliable is candidate information online? • Discrimination – Personal information could lead to employers being influenced by factors like race, religious views and age. • Limited – ultimately the candidate can decide what information they are willing to share. You only see what you see
  • 35. final thoughts… • Although, as an employer, some quick gains can be achieved; using this method exclusively for recruitment, particularly beyond entry point hires is not recommended due to the limitations already highlighted • You can’t rely on who may or may not have an online profile, nor can you be sure that the information contained in it is true. • The main strengths of social media for a hiring company lie in allowing them to project their employer brand and reputation beyond where it is normally seen to enhance attraction and retention