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Fearless Forecast – 2014 & Beyond Kevin Wheeler rmation is the property of ATC Events and may not be reproduced or used without attrib
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Australasian Talent Conference 2013 - Future Forecast - 2014 & Beyond

Jan 12, 2015

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Kevin Wheeler presents at the 2013 Australasian Talent Conference in Sydney. Kevin is the Founder and Director of the Future of Talent Institute and presented his vision of the future in Recruitment and Human Resources. Find out more about the Australasian Talent Conference at www.atcevent.com
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Page 1: Australasian Talent Conference 2013 - Future Forecast - 2014 & Beyond

Fearless Forecast – 2014 & Beyond

Kevin Wheeler

© This information is the property of ATC Events and may not be reproduced or used without attribution

Page 2: Australasian Talent Conference 2013 - Future Forecast - 2014 & Beyond

Conflicting Worlds

2

WHENEVER-Batch processing-Lag between start & finish-Complex World-Fundamental Assumption: Past & Future similar

NOW-Streaming-No Lag between start & finish-Chaotic World-Fundamental Assumption: Past & Future different

Page 3: Australasian Talent Conference 2013 - Future Forecast - 2014 & Beyond

Prescribe job content

which then changes

before we have

candidates.

We work in hierarchy, structure, rules.

Sharing & collaboration are normal.

Copyrights?

Patents?

Intellectual Capital?

Group invention & innovation

It’s about recognizing and trusting the emerging patterns we see.

We are struggling more and more to define jobs & work.

Cannot respond

quickly enough to

change

Slow, inflexible

Page 4: Australasian Talent Conference 2013 - Future Forecast - 2014 & Beyond

4

COREEMPLOY

EES

PARTNERS

TEMPS CONSULTANTS

CUSTOMERS

SUPPLIERS

Work is being re-organised

Lower cash investment neededSmaller, Leaner, networked Firms

Fun, satisfying, meaningful

Lower cost structure

-Collaborative partnerships

-Virtual organizations

-Co-work

-Flexible, nimble, lean

Page 5: Australasian Talent Conference 2013 - Future Forecast - 2014 & Beyond

5

GOAL: Finding Information in the Noise

We are overwhelmed with words, pictures, numbers, videos.

Patterns are harder and harder to see.

Candidates are

elusive – jobs are

changing. Social media has become “the cocktail party from hell, with the flood of information jeopardizing meaning.” -Maureen Down

99% of

informatio

n is

noise.

Page 6: Australasian Talent Conference 2013 - Future Forecast - 2014 & Beyond

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Resume

Social NetworkWeb Info

Social NetworkTweets

ResumesDatabase

Page 7: Australasian Talent Conference 2013 - Future Forecast - 2014 & Beyond

Data Scientist

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“the sexiest job in the 21st century” -Harvard Business Review

Page 8: Australasian Talent Conference 2013 - Future Forecast - 2014 & Beyond

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and Talent Management?

Challengesassumptions

High socialinfluence

ExperimentsLooks for correlations

AnalyticalKnows statistics

Page 9: Australasian Talent Conference 2013 - Future Forecast - 2014 & Beyond

How does Big Data/Analytics change recruiting?

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Page 10: Australasian Talent Conference 2013 - Future Forecast - 2014 & Beyond

Search becomes about drawing information from data

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"The Web is your CV and

social networks are your

references."

Candidates will have no need for formal resume/CV

Search will be composed of a mix of structured and unstructured, aggregated and integrated data, streaming & static data.

Page 11: Australasian Talent Conference 2013 - Future Forecast - 2014 & Beyond

Ability to forecast job success & even level of performance

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Page 12: Australasian Talent Conference 2013 - Future Forecast - 2014 & Beyond

Workforce Planning

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Page 13: Australasian Talent Conference 2013 - Future Forecast - 2014 & Beyond

Assessment

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Page 14: Australasian Talent Conference 2013 - Future Forecast - 2014 & Beyond

Performance

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Page 15: Australasian Talent Conference 2013 - Future Forecast - 2014 & Beyond

Social Influence

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Page 16: Australasian Talent Conference 2013 - Future Forecast - 2014 & Beyond

Four most important tools for 2014

16Dynamic, streaming, cheap

Page 17: Australasian Talent Conference 2013 - Future Forecast - 2014 & Beyond

Emerging - Gaming for Attraction & Assessment

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Page 21: Australasian Talent Conference 2013 - Future Forecast - 2014 & Beyond

Gamificati

on

Seamless User

Interfaces

Apps

Candidates & Hiring Managers are Center

MicroXcti

ons

Mobile Grows Exponentially

Page 22: Australasian Talent Conference 2013 - Future Forecast - 2014 & Beyond

Recruiting becomes a

DYNAMIC, Realtime, all-the-

time, process Of scanning,

analyzing, and assessing

for. . .

KEY TOOLS -Games -Job Previews -Analytics -Crowdsourcing -Crowd Assessment

Jobs are DYNAMIC, evolving, global and highlyVaried.

Page 23: Australasian Talent Conference 2013 - Future Forecast - 2014 & Beyond

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