This is a new twist. I have been saying for several years now that recruiters and hiring managers are looking in Linkedin first for potential hires and then Google searches. They bypass resume searches out of their own website databases in favor of prowling through online profiles.
Now some HR experts, notably the esteemed Dr. John Sullivan, have realized to require an employee to submit someone's resume to make an employee referral is a really dumb idea. And he tells you in this article all the good reasons why.
Time to just burn that resume and build a professional website instead? I think so.
Why “Name-only” Employee Referrals Produce Dramatic Results
by Dr. John Sullivan Oct 29, 2012, 5:42 am ET
Employee referrals provide the highest quality and the highest volume of hires, but you won’t receive as high a level of results if you don’t minimize roadblocks to referrals. Requiring a current resume for employee referrals is a major “under-the-radar” detriment to reaching the goal of having referrals exceed 50% of all hires.
Requiring a resume to start a referral process might not seem like a big deal (because the resume is “the currency” of recruiting) but it can be. Although “active candidates” all have current resumes, employed people who are not actively looking (some people call thempassives) don’t have an updated resume available and they may have little interest in creating one.
Requiring an updated resume in order to move forward slows down and occasionally stops employee referral efforts. Consider an alternative approach, which is offering an option to employees, so that all they must submit is a prospect’s name and contact information in order to begin the referral process. This approach is known as a “name-only” referral.
You do the math: 150 thought leaders is far less than 1% of its 175 million members.
LinkedIn Rolls Out Redesigned Profiles, 'Thought Leader' Feature
By Damon Poeter
October 16, 2012
LinkedIn also introduced a new feature for users with the redesign--the ability to follow 150 of "the world's most respected thought leaders" (pictured above). The company called the addition of a "follow" mechanism, which allows users to keep up with this select group of individuals, "a natural extension" of existing tools for following companies and news feeds, but said it had no current plans to monetize the new feature.
Linkedin has decided for us who these people are. They will be expanding the list and add people who are experts in their field. You can apply at http://partner.linkedin.com/influencer/
Linkedin is doing a one-off from the Google+ style of posts where we can freely put anybody in our circles and follow them and comment on their posts. Linkedin has artificially set-up 150 follows with the same intention. But, how can millions of us get any kind of visibility with a Thought Leader to have a conversation?
There has always been a huge culture difference between Linkedin and Google+. Linkedin is very template-driven, structured and rule bound while Google offers the, "I'm feeling lucky" feature for search. Google Circles and Follows have grown organically from the bottom up while Linkedin Thought Leader Follows are obviously trickling down.
What do you think of the Linkedin Thought Leader Follows? Do you have a problem with being provided a highly controlled and limited list of chosen elites?
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It is interesting to note that drops in the equity markets and general economic crashes have generally occurred in the Fall. Even though the US economy has done a yeoman's job of pulling itself back from the abyss, it doesn't mean we won't be dragged over the cliff by the rest of the world.
This certainly makes the tech sector the brightest star in the night heavens compared to other employment sectors. Consumer electronics is a cheap thrill compared to buying a new car. And tech devices and Cloud computing are productivity tools that impact the bottom line when growing revenues doesn't.
We aren't out of this mess yet.
from the Globe and Mail article
The Globe and Mail
Published Tuesday, Oct. 09 2012, 7:48 PM EDT
Last updated Wednesday, Oct. 10 2012, 6:34 AM EDT
The rest of the world is ratcheting up already intense pressure on Washington and Brussels to head off another global economic crisis, as the outlook grows ever dimmer.
The gravest threats to the increasingly fragile recovery lie in a divided United States and a wounded euro zone, according to the growing chorus of voices that are urging governments to act quickly and decisively to deal with crippling debt and fiscal problems.
Licensed by CC-by-SA