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Talent acquisition in the digital frontier

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Presentation on theme: "Talent acquisition in the digital frontier"— Presentation transcript:

1 Talent acquisition in the digital frontier
April 17th , 2016 Presented by Michael Hennessy Founder, CEO SmashFly

2 Agenda Introduction to SmashFly & recruitment marketing platforms
The accelerating digitization of the US economy TA digitization and the emergence of the liquid workforce SmashFly’s plans to thrive in a hyper-competitive digitized world

3 Introduction to SmashFly
& the emergence of Recruitment Marketing Platforms

4 SmashFly Overview Founded in 2007
Marketing automation software for the modern recruitment organization Raised $9M A round in 2014, $22M B round in December 2015 Focused on the Fortune 1000 110 Employees based in Concord, MA Over 100 companies using our RMP “Recruitment Marketing” : A new discipline within TA

5 Consumerization of the candidate experience
& the emergence of Recruitment Marketing Platforms

6 The Universe Has Changed
Candidates Expect: Social Engagement Relevant Content Transparent Culture Mobile Search Mobile Apply Fast Feedback The Universe Has Changed Candidates are like consumers.

7 The Universe Has Changed
I’m sure you’re seeing this too. Today’s candidates are well-informed about who you are and what you represent as an employer long before they’re ready to talk with one of PWC’s recruiters or apply for a job. They’re following you on LinkedIn and Twitter, reading reviews of your managers on Glassdoor and checking out your latest blog postings and YouTube videos. Actually research shows the decision to take their career to your organization can involve as many as 12 touch points with your employer brand and content. Candidates are well-informed.

8 The Universe Has Changed
HEALTHCARE TECHNICAL SUPPORT London FINANCIAL Silicon Valley New York BIOTECH Boston RETAIL Tokyo The Universe Has Changed Not only do they search for jobs differently, candidates have more choices than ever before. It’s true for financial services but it’s a universal challenge – organizations are competing for the same skilled talent and not just locally but nationally and even globally in many cases. Before I continue, let me pause and check in – are these changes in talent acquisition what you’re seeing as well? Candidates have choices.

9 © 2015 SmashFly Technologies, Inc.
What Are You Missing? Leads CRM Social Career Site Employer Brand Referrals Mobile Job Distribution SEO Applicants ATS Employees HRIS HRIS for employees ATS for applicants At the front-end of the TA process, what is the system to manage leads before they become applicants? Mike recognized there was a problem and set out to solve this when he founded SmashFly in Mike was the Chief Architect at BrassRing. He understood that the ATS was great for compliance but it didn’t do a good job at candidate attraction. Talent acquisition universe has changed Candidates acting like consumers as they search for prospective employer brands and jobs Disparate systems causing talent acquisition strategy to be disjointed What did we get? It’s costing more and taking longer to hire – TA budgets increasing to deal with the challenges You’ve got all these social channels, but how do you measure the true influence of social and mobile? Content is important to keeping candidates engaged, but how do you automate nurturing? How do you create a personalized candidate experience to get the right message to the right candidate at the right time? What happens with the lost silver medalists? How do you keep them warm for the next job opportunity? How do you control your employer brand in both design and message across all your recruiting channels? And how do you capture leads before they drop off during the apply process? © 2015 SmashFly Technologies, Inc.

10 What Are You Missing? ATS HRIS RECRUITMENT MARKETING PLATFORM Leads
Applicants Employees HRIS ATS SmashFly solves this by unifying the front-end of talent acquisition by providing a Recruitment Marketing Platform – it’s one holistic management system for everything you do to attract, engage and nurture candidates BEFORE they apply and go into your ATS. The result is: More qualified candidates Optimized TA spending Ability to predictably fill the talent needs of the business © 2015 SmashFly Technologies, Inc.

11 SmashFly Total Recruitment Marketing Platform
Any Candidate Persona Private Cloud Leads FIND Experienced Executive Hourly Military Diversity Campus Internal All Channels & Tactics Employer Branding Job Marketing Sourcing Social SEO & PPC Events ATTRACT TRACK COMPLETE STRATEGY COMPLETE VISIBILITY ENGAGE Career Site Landing Pages Mobile Referrals MEASURE Job Alerts & SMS Content Resume Mining Applicant Retargeting NURTURE ANALYZE Calls to Action CONVERT PREDICT Any ATS APPLY Applicants This shows what we’re building here at SmashFly. A platform dedicated to Recruitment Marketing – everything at the top end of your talent acquisition funnel Delivered as software as a service from the secure SmashFly private cloud One holistic management system from which you execute your entire RM strategy (attract, engage, nurture and convert) Any candidate persona All channels and tactics (from employer branding to content marketing to career sites) Deep integration with Any ATS Which enables complete visibility end-to-end from initial source all the way to hire To provide the most trusted recruiting analytics available Our product development strategy is to continue to add breadth and depth: SmashFly 15 user experience – new features that make RM EVEN easier, personalized, branded and measureable Future: Adding Internal Mobility Adding deeper functionality on Event Management Source to Hire HIRE Employees

12 The Accelerating Digitization of the US Economy

13 The Digital frontier

14 The Digital frontier

15 The Digital frontier

16 The Digital frontier

17 The “Haves” and “Have Mores”

18 Digitization in Labor increased 8x

19 High Digitization = High Market share
150 large companies surveyed over 18 practices related to digital strategy, capabilities, and culture

20 The “Haves” and “Have Mores”
3 key areas predicated to add 2.2 Trillion to US Economy IOT (Internet of Things) Big Data Analytics Online Talent Pools

21 New automation leads to jobs Displacement

22 Talent Acquisition Digitization
New automation and the liquid workforce

23 Online Talent Platforms
Job & Candidate Platforms: Online Job Marketplaces: Digital training platforms: Employment Review:

24 Accelerating Digitization in TA
Digital Interviews & training: Online reference checks: Recruitment Marketing platforms: People Analytics:

25 Online Talent Platforms

26 Digital workforce

27 Transforming the workforce

28 Thriving in a Digitized world
How SmashFly looks to thrive in this digital world

29 Expand Digital assets & Usage
Look at how we can digitize every aspect of our business Making data available for cross platform consumption Continually look at experimenting and adapting processes for increased efficiency.

30 Empowering the Workforce
Recognize the highly connected employees Focus on creating a compelling culture Leverage technology & processes to keep employees engaged, always learning and effective

31 Expanding our Solution
Digitize every aspect of the candidate journey Expose data through Open API’s Leverage partner and online talent platform data Build “Technology stacks” to deliver results, not just integrations Expand solution to general Workforce marketing & engagement platform Combine / Integrate disparate digitized data into dashboard that deliver actionable data

32 Massive challenges & opportunities
Digitization involves continuously experimenting and adapting, whether the focus is on back-office processes, the customer experience, or the introduction of new products and services. For TA vendors, It takes investment, agility, and relentless focus to stay ahead in this hypercompetitive new world, but there are outsized opportunities for the organizations and individuals that can establish themselves as digital leaders


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