Talent Pools vs. Communities: What’s the Difference?

October 7, 2011

We toss the word community around a lot in recruiting, but most of us do not have a very clear definition of what makes it different from a database or a talent pool.

A talent pool typically is a group of people who have been screened at least a little. They are people roughly qualified for a position or to work in an organization, but we really don’t have any relationship with them.

A talent pool  is the equivalent of an annotated and sorted filing cabinet, but it only contains static and most likely out-of-date information about the potential candidate.  They are hard to search and the data we have about a candidate rarely give us much insight into what a person is really like. And most talent pools do not allow the candidate to engage with the recruiter or others in the pool.

A community is entirely different.  First of all it is two-way: both you and the candidate exchange information and both of you give and get. But a community also has several other distinguishing features:

Collaboration and Sharing
People in a community share information and often work together to solve problems or come up with new ideas. They are organic and alive with conversation and sharing of opinions and thoughts. True recruiting communities would include your employees as well as potential candidates talking about the organization, what it does, how it does it, and who does it.  This give-and-take process is the best way to personalize the company and provide candidate with information about what is is like to work there. It saves you the need to tailor responses or have lots of facts at your fingertips – the employees and perhaps even other candidates will provide what you need.

Feeling included
Being part of something is also a key ingredient in a community.  By being with others of similar interests and through sharing ideas, people come to feel part of the team.  Good communities make recruiting much easier because candidates already feel like they know people and relate to them.  When candidates actually get hired and start work, they have people to talk with that they already have met on line and have shared with.

Similar values
No one is forced to join or stay in a community.  Unlike a database, I can remove myself from the community and move on.  Therefore, people who stay in a community and engage in conversation are most likely to have the same values as the people in the organization.  This means that cultural compatibility is much higher and it become easy to spot those who aren’t really comfortable in the culture your organization has.

Openness
People are looking for authenticity from organizations and it is within communities that so much can be explained and made available. Employees may bring up issues and discuss how they were resolved while candidates may also contribute their ideas. Member of communities are much more likely to share their feelings and express their true opinions about issues.  Potential employees feel that the organization is open and honest in its communication.

Engagement
And finally, those in an active community are truly engaged and interested.  Here is a statement from Richard Long, Deliotte New Zealand’s Manager of Talent Acquisition, about their recently developed Facebook community aimed at university students and graduates:

“Our strategy is to create dialogue and conversation with students and engage with them – all the while further developing the page with their feedback in mind – quite an organic process. All through our page we have given students the opportunity to tell us what they want to see and hear. The content of our page is provided by our own Deloitte Graduates and Summer Interns, and the fans themselves. My team really only administrates and develops the site to allow more conversation to happen between the fans and Deloitte Grads and Interns they are interested in hearing from. The result is we have built a community of students engaged with the Deloitte NZ brand, who are talking to us and have a sense of our culture and how we can support their career aspirations.”

This nicely sums up my major points and gives solid evidence that taking your social network to the next dimension – that of turning it into a true community of engaged and energetic people you can tap into whenever you have an opening – is the right way to go.

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Do You Really Want Only “A” Players?

September 22, 2011

There is a myth in recruiting that, given the right tools and processes, we can hire only “A” players, defined as those who generate the most revenue or who contribute the most to our overall success.

I believe, instead, that “A” players more often emerge from within your organization, or are made by it, because of the systems and processes you have in place. I also believe that you may not want to have an organization full of competing “A” players – especially from outside your organization.

One characteristic of people who believe they are the best (or even those who really are superior in some way) is that they do not always perform well in a team, compromise well, or mix well with others. Jeffrey Pfeffer, the co-author of Hidden Value: How Great Companies Achieve Extraordinary Results With Ordinary People, and a professor at Stanford, notes that Michael Jordon was cut from his high school basketball team and that other high performers have all sorts of issues when it comes to both performance and teamwork.

Manfred Kets De Vries, an INSEAD professor and leadership consultant, has written a number of books documenting the dysfunctional behaviors of top-level people. Great people are best scattered throughout an organization and surrounded by more ordinary “B” players who support their efforts and put their ideas into action.

The difficulty is in striking the balance and knowing who is an “A” player. I think it is almost impossible to find “A” players outside your firm and then insert them successfully into it. However, when organizations combine rigorous development activities and provide continuous new job opportunities to their employees, they produce a large number of “A” players.

IBM and General Electric are companies that I immediately think about when I look for organizations that have what appears to be more than their share of competent employees who are sought after by everyone. These are firms that have spent billions on development programs, that have established internal rotations, and encourage employees to move frequently internally to gain knowledge and exposure.

On the other hand, companies that have spent huge amounts of money and time on competency analysis and in developing complex selection systems, including a lengthy interview process, do not necessarily have creative or above average workforces. There are many analogies in the sports world. Many top major league players were considered poor choices or weak as rookies. They excelled, however, when challenged and when they were part of a well-functioning machine.

Great players tend to emerge over time, rather than appear fully formed at the interview.

Here are three ways to improve your hiring and development systems.

1. Don’t look for “A” players, because you don’t really know who they are. Those that you think are the best, the brightest, or the smartest may not be. The problem in looking for the best is that you are always using criteria that are suspect. The fatal flaw inherent in all competency systems is change. What has been successful or what is successful in a particular place may not be in another. What was a winning competency set here, may be a losing one in a different time or environment.

Take General Electric’s CEOs as examples. Jack Welch’s predecessor, Reginald Jones, was a detail-oriented systems guy. He required elaborate strategic plans from each of his business units. He focused on developing a smooth running machine. Jack Welch, however, had a very different skill set. He was a “big picture” guy who focused on vision and then on developing managers who could execute that vision with little need for Jack’s daily handholding. He encouraged and empowered. Each of these skill sets was equally right for the time and place it existed, but neither would have been as successful at another time. Even our current performance management systems tend to restrict creativity and reward only those who do yesterday’s work well. We need to build reward systems that focus on team and work groups, not individuals, so we encourage everyone to participate and grow. When this happens, unlikely people often emerge as the best.

2. Provide development opportunities broadly for everyone and reward and promote those who take advantage of the opportunities. If we believe that talent often emerges where we least expect it, we cannot afford to limit development opportunities only to certain levels or types of employees. Firms that take an open view of development and let people find their own levels of competence and interest often produce “A” players from those others consider only “B” players.

3. Have recruiters aggressively monitor and source internally. Most of the very best talent comes from within and from below. We are all enamored with the outside “guru,” and frequently pass on the person right in front of us who is equipped with the skills, the cultural understanding, and the motivation to excel.

Recruiters need to use (or develop) internal networks and referrals programs, and encourage and educate managers on the need to give people opportunities even when the exact skills are not a match. 4. Look at selecting people for broad-based competencies. We should be looking to hire people with motivation to learn, with team experience and success, with cultural compatibility, and with a basic technical skill set that can be developed by experiential opportunities and good mentoring. We need to move away from rigorous narrow competency definitions and reliance on experience as an indicator of performance. “A” players are hard to define, impossible to recruit consistently, and need to be “dug” from within the firm or built through experimentation and education. While these tactics are time consuming, they are also successful. I have seen hundred-thousand-dollar, six-months-to-find so-called “A” players go up in flames very quickly and at great cost to the organization.

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What is a TRU Conference?

September 11, 2011

http://animoto.com/play/hrbW5ilH6XcVVl2l1vRfZQ

SLIDESHOW FROM A RECENT TRU LONDON

Most conference follow a traditional pattern: Keynote talks, general sessions, panels, and break out sessions. There is almost always a vendor section where you can get demonstrations of software products, meet key users and try out the products for yourself.

Nothing wrong with this.  I run some of these myself and they are a good way to get the new ideas I mentioned in my previous article across as well as to network and explore best practices.  What these sometimes lack is interaction – you receive a lot of information but have only a little opportunity to ask questions or get involved in deep conversation.  And, of course, they are highly structured with agendas, timelines, and people focused on shepherding the crowd.

Often this is okay, but sometimes you’d like to spend more time on one thing or less on another and also give your own opinions or hear what the other participants have to say.

And that’s what a new type of conference is offering.  Started by Bill Boorman, a recruiting guru from the U.K, they have begun to change the way we think about conferences.  His conferences are called TRUs, often labeled as TRU LONDON, or TRU BOSTON or TRU WHATEVER. They are cheap, accessible, and highly interactive.  They have only a loose structure and a flexible agenda. 

While people, called track leaders, are invited to get a conversation started, they are not allowed to use PowerPoint’s or to engage in monologue.  Instead there is an expectation of total inclusion – of everybody adding their opinions, experiences, observations and ideas.  There is a lot of give and take, back and forth conversation and often someone proposes a track that wasn’t on the agenda and the leader schedules it in.  Attendees can leave any discussion at any time and are encouraged to if it isn’t interesting or meeting their needs.  No need to politely sit through a boring discussion. Track leaders soon learn that their egos had better be strong because it’s ideas and the group that lead things.

TRUs are not for everyone. If you are new to a field and want to hear experts, TRUs probably don’t offer you enough structure or learning.  They are really best for experts in a field to come together and enlarge their own thinking.  They are wonderful places for networking as a lot of the time is spent in getting to know people, having a drink with a new friend or sharing a meal together. If you have strong opinions or ideas or want to test out your hypothesis about something, then TRUs are perfect places. People and ideas that wouldn’t get accepted at a traditional conference now have a place to go.

Costs are also low. Participant fees are typically less than $100. The events are held at corporate facilities or at inexpensive venues. Each person pays for their own hotel and food expenses. Costs are covered by a sponsor or two, but these events are not for making a lot of money. They are for spreading ideas and meeting new people. Nothing really is provided except the venue and a loose agenda.  This may sound bad, but it isn’t. It’s actually liberating as you can make lunch arrangements with anyone (or no one) and can eat what you want. It’s also easy to see the value and can be affordable even by the self-employed who are making up a larger segment of our population every year.

Vendors are present at TRUs, but often are on the firing line with people candidly critiquing their product or offering their suggestions for improvement.  Once again, a great place for a confident vendor or for a start-up looking for feedback.

TRUs are reflective of the new generation; they are immediate, authentic, inclusive, collaborative, cheap and challenging.

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