MM SHRM 2017 Spring Conference 4/27/2017 THANK YOU FOR HAVING ME TODAY! President & CEO of the Novo Group since 2015 CHRO and CAO leadership roles over a 24 year career in the Human Capital profession for organizations ranging from 50 to 400,000+ employees Started my career in Talent Acquisition and it’s still my heart and soul professionally. Without talent, there is no HR! My Personal “Noble Purpose” “Grow for a lifetime by leaning into my discomfort. Create an environment around me where others can realize and reach their potential.” WWW.THENOVOGROUP.COM 2 3 THE END OF ‘ONE SIZE FITS ALL’ RECRUITING The Dynamic Recruiting Landscape One Size Fits All – A Dying Style EVP and the Candidate Experience Building an Inspired, Flexible Model WWW.THENOVOGROUP.COM Kelly Renz, President & CEO‐Novo Group, Inc. 1 MM SHRM 2017 Spring Conference 4/27/2017 THE DYNAMIC RECRUITING LANDSCAPE WHAT TRENDS DO WE NEED TO ADJUST TO? What do the top executives of companies with the most recognizable and respected talent programs say about the importance of engaging the workforce? WWW.THENOVOGROUP.COM 5 Greg Harris, Quantum Workplace: Engaging the Laszlo Bock, Google: We want to understand what works here rather than what worked at any other hearts, minds, and hands of talent is the most organization. sustainable source of competitive advantage. Doug Conant, Campbell Soup: To win in the marketplace, you must first win in the workplace. Howard Schultz, Starbucks: We will never—and I mean never—turn our backs on our employees. Tony Hsieh, Zappos: To make customers happy, we have to make sure our employees are happy first. Rick Fererico, P.F. Chang’s: You have to be a place that’s more than a paycheck for people. Jason Lauritsen,Talent Anarchy: Engagement is a John Mackey, Whole Foods Market: If you are lucky enough to be someone’s employer, then you have renewable decision daily that is voluntarily given when a moral obligation to make sure people do look the company has proven worthy of it. forward to coming to work in the morning. WWW.THENOVOGROUP.COM Kelly Renz, President & CEO‐Novo Group, Inc. 6 2 MM SHRM 2017 Spring Conference 4/27/2017 THE LOOMING TALENT CLIFF Every day 10,000 Baby Boomers turn 65 Companies need to set the stage now for the next 12 years of impact of retirees and lost workers Workers that put retirement on hold during the Great Recession are now gaining back their portfolios and will begin retiring at a rapid pace WWW.THENOVOGROUP.COM 7 WORKFORCE DEMOGRAPHICS REALLY ARE CHANGING FAST DO YOU REALLY UNDERSTAND HOW TO ENGAGE THE NEW WORKFORCE? Source: US Census Bureau WWW.THENOVOGROUP.COM 8 THE DYNAMIC RECRUITING LANDSCAPE The Great Recession changed everything we did and knew about recruiting: Though we are 7+ years past the recession, the resulting cookie-cutter talent acquisition approach endures Human Resources does more with less now more than ever Recruiting efficiency and cost reduction has dehumanized our human programs at a time when candidate expectations have evolved greatly Don’t walk blindly toward the looming talent cliff We will always have multiple generations in the workforce Candidates expect engagement! WWW.THENOVOGROUP.COM Kelly Renz, President & CEO‐Novo Group, Inc. 9 3 MM SHRM 2017 Spring Conference RECRUITING’S NEW REALITY 4/27/2017 Source: LinkedIn Global Recruiting Trends 2017 In 2017, Recruiting Teams will: Top Challenges Recruiting Teams face in 2017: WWW.THENOVOGROUP.COM 10 WHAT DO TALENT ACQUISITION LEADERS SAY ABOUT RECRUITMENT SPEND AHEAD? WWW.THENOVOGROUP.COM Source - LinkedIn 11 ONE SIZE FITS ALL RECRUITING – AN EXTINCT MODEL WHAT DOES TODAY’S CANDIDATE EXPECT? AND WHAT CAN YOUR ORGANIZATION DO ABOUT IT NOW? Kelly Renz, President & CEO‐Novo Group, Inc. 4 MM SHRM 2017 Spring Conference Your People Are Your Only True Differentiator 4/27/2017 Everyone Is A Brand Ambassador, Everyone Is A Recruiter "You need to have a collaborative hiring process.“ Steve Jobs Top Priority Positions With A Large Talent Pool Are Where You Want To Get Social “The competition to hire the best will increase in the years ahead. Companies that give extra flexibility to their employees will have the edge in this area.” Bill Gates Candidates Just Want To Be Loved An Employee In The Actual Job Communicating Via Social Media With Candidates For A Like Role Proves Most Effective "A company should limit its growth based on its ability to attract enough of the right people." Jim Collins "First-rate people hire first-rate people; second-rate people hire third-rate people." Leo Rosten WWW.THENOVOGROUP.COM 13 CAREERBUILDER'S 2016 CANDIDATE EXPERIENCE TOOLKIT SAYS ITS RESEARCH SHOWS: “The recruitment process has become increasingly impersonal - for both candidates and recruiters - and it’s obvious both sides aren’t satisfied with the experience. The challenge? Each side has very different ideas about what makes the other side tick - and what needs to be done to improve the experience.” WWW.THENOVOGROUP.COM 14 Candidates have options – we are seeing the trend of competing offers again for high-demand skills In an effort for streamlining and efficiency, automated processes and technology have pushed the human connection point between a potential employer and candidate even further apart o An over-engineered recruiting process feels uninspired and impersonal: it doesn’t acknowledge individual career goals, talents and paths The rote and disengaged candidate experience is the resulting outcome A bad candidate experience is certainly shared – social media is a friend and foe in recruiting Job board aggregators (Indeed) are slowly the death of traditional job boards and databases CANDIDATE EXPERIENCE MATTERS NOW MORE THAN EVER WWW.THENOVOGROUP.COM Kelly Renz, President & CEO‐Novo Group, Inc. 15 5 MM SHRM 2017 Spring Conference 4/27/2017 HOW YOU CAN IMMEDIATELY AND POSITIVELY IMPACT CANDIDATE EXPERIENCE We are a society of social connections and a culture craving the ability to embrace, recognize and express unique differences. No two candidates are the same and they want to feel that way Defining, disseminating, living and communicating your Employer Value Proposition (EVP) is a must do. The EVP needs be articulated from the first exposure the candidate has to your organization Generations engage differently and have different expectations in the hiring experience Differentiate your sourcing strategy to be where candidates “hang out” – it’s different for groups, for example: o IT/Technology vs. manufacturing o Operations vs. sales vs. product experts WWW.THENOVOGROUP.COM 16 CANDIDATE EXPERIENCE BEGINS WITH EMPLOYER VALUE PROPOSITION (EVP) Employer Brand = An important part of the employee value proposition and is essentially what the organization communicates, and is recognizable external to the company, as its identity to both potential and current employees. Employer Value Proposition (EVP) = The unique employment deal that is derived from the employee experience: everyday experiences, rewards, growth opportunities and culture, and in our world of talent, it’s the foundation of an organization’s reputation as an employer and connecting to its brand. An organization MUST live its EVP every day for credibility. WWW.THENOVOGROUP.COM 17 EMPLOYER BRAND VS. EMPLOYER VALUE PROPOSITION Employer Brand = An important part of the employee value proposition and is essentially what the organization communicates, Don’tand think you have an is recognizable external to the company, as its EVP?identity You to doboth – but it potential and current employees. might be by accident and = Employer Value Proposition (EVP) not deal one that you isdesigned… The unique employment derived from the employee experience: everyday experiences, rewards, growth opportunities and culture, and in our world of talent, it’s the foundation of an organization’s reputation as an employer and connecting to its brand. An organization MUST live its EVP every day for credibility. WWW.THENOVOGROUP.COM Kelly Renz, President & CEO‐Novo Group, Inc. 18 6 MM SHRM 2017 Spring Conference A persuasive EVP can give your organization the edge needed to secure talent; it feeds reputation; beyond brand recognition, but one that candidates associate with a good employer 4/27/2017 Companies with an established, credible EVP outperform their peers. Higher engagement from employees fuels growth and customer satisfaction Your company here!! Top talent candidates seek more than an attractive salary – it’s the “What else are you?” that matters. Especially for Millennials. The most compelling EVP’s offer unique deals, tangible and intangible, that make them distinctive to employees and top candidates. 19 WWW.THENOVOGROUP.COM WWW.THENOVOGROUP.COM 20 EVP BEST PRACTICES IN RECRUITING TOP TALENT EVP needs to serve your employees and candidates, not your clients (that is marketing Brand) Consider the competition for talent. Differentiate yourself Put a premium on talent attraction in organizational goals and programs Always pipeline for good people – whether if you are hiring or not Maintain communication with pipeline candidates – keep them warm; move fast when you can Hire athletes into the organization Reward and recognize top talent with creative and simple programs Leverage creative research and sourcing tools to find talent where it hangs out Establish an employee referral program – good people know other good people Assign EVP responsibilities across the organization for buy in and connection Budget for EVP like another program Regularly reevaluate your EVP WWW.THENOVOGROUP.COM Kelly Renz, President & CEO‐Novo Group, Inc. 21 7 MM SHRM 2017 Spring Conference 4/27/2017 PUT YOUR EVP TO THE TEST Solicit employee feedback about your EVP during the development and launch Get feedback from candidates about the EVP and what it means to them Does your EVP differentiate you enough? Did you integrate your Brand? Are they connected logically and emotionally? Is your Talent Acquisition team and hiring managers able to talk to the EVP effectively? Are you leveraging all tools to promote your EVP? Is it current? WWW.THENOVOGROUP.COM 22 POSITIVE IMPACTS OF TECHNOLOGY ON CANDIDATE EXPERIENCE • • • • • AUTOMATION IS NOT ALL BAD! TOOLS AND SYSTEMS THAT SPEED THE INTERVIEW PROCESS REMOTE INTERVIEW CAPABILITIES ARE GOOD FOR TIME AND COST MANAGEMENT CANDIDATE ENGAGEMENT PROGRAMS KEEP POSSIBLE HIRES WARM DURING PIPELINING AUTOMATED ENGAGEMENT PORTALS VIA ATS CAN KEEP CANDIDATES UPDATED ON COMPANY NEWS AND NEW OPPORTUNITIES WITH PUSH MESSAGES AND JOB MATCHING WWW.THENOVOGROUP.COM 19 Starts with workforce planning Define your EVP to be clear about your differentiators; create organizational evangelists about it! Review your recruiting process – is it too cookie-cutter and clunky? Are you using technology effectively? Evaluate active openings strategy – recruitment marketing plans. Are you where your candidates hang out? Develop an ongoing or specialized needs pipelining strategy (hiring athletes and just-in-time – different strategy for each) Social Media – the good and the bad Mobile technology that is flexible and easy to use Do you know your candidate data trends and measure the right things? oCollecting and evaluating candidate feedback (not just new hires) Post-hire surveys Be prepared for your candidates: Hiring team training and alignment – emphasize the EVP and calibrate interview team expectations for a positive experience BUILD AN INSPIRED, FLEXIBLE RECRUITING MODEL BEGIN MIGRATING AWAY FROM YOUR STANDARDIZED RECRUITING MACHINE A BIT AT A TIME WHERE IT COUNTS MOST: WWW.THENOVOGROUP.COM Kelly Renz, President & CEO‐Novo Group, Inc. 24 8 MM SHRM 2017 Spring Conference 4/27/2017 WHERE TO SPEND YOUR VALUABLE RESOURCES Evaluate what you have in house – tools, capabilities. resources Spend money on the things that count; get rid of what doesn’t Make sure you are investing in your visibility in the right places Engage the organization in the EVP – after all, every employee is a recruiter! Ask your candidates for feedback – not just hires Outsource what makes sense You don’t have to be an expert at it all – engage quality outsourced partners to help with targeted needs Don’t work with partners that are rigid, after all they are representing your strategy and EVP and what makes you different should matter to them WWW.THENOVOGROUP.COM 25 DON’T BE AFRAID OF BEING DIFFERENT! BE AFRAID OF BEING THE SAME AS EVERYONE ELSE. WWW.THENOVOGROUP.COM 26 PRACTICE OFFERINGS AT NOVO GROUP, INC Research & Sourcing Solutions Executive & Professional Search ProjectBased Recruiting Recruitment Program Outsourcing Talent Effectiveness Solutions Talent Lifecycle Partner WWW.THENOVOGROUP.COM Kelly Renz, President & CEO‐Novo Group, Inc. 27 9 MM SHRM 2017 Spring Conference 4/27/2017 THANK YOU! SHRM ACTIVITY ID: #### Thank you! SHRM Activity ID: 17-WKTKW WWW.THENOVOGROUP.COM Kelly Renz, President & CEO‐Novo Group, Inc. 28 10
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