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Sourcing News and Knowledge – Beyond the Obvious


Industry News

New Job Board FoneGigs Targets Mobile Professionals


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Another new job board… ‘Not again!’ I’m sure you’re thinking. But this one might be worth checking out…

Just two weeks ago, a new company called FoneGigs was quietly launched by Eric Melchor. FoneGigs is described as “an online social community and job board that focuses on the Mobile Marketing Industry.” FoneGigs reaches active job seekers via SMS, Twitter, Facebook, LinkedIn, and FoneGigs.com. There are other job boards that currently engage job seekers through these media, but one of the differences with FoneGigs lays with the man who started the company.

Eric’s not what you’d consider a ‘traditional’ job board founder; he comes from an online marketing background, having worked with agencies in New York and having also worked in Bucharest on a client initiative over the last year.  Melchor started off by blogging about mobile marketing and sharing his directories of various mobile service companies, including mobile search engines, in-game ad companies, and mobile analytics. His plan through the blog and the directories was to build a solid base of interest before launching the job site, which was an end goal of his from the beginning.

Industry News

LinkedIn’s Strategic Moves


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You may have heard rumblings recently that LinkedIn is ready for an IPO (they have said this won’t happen in the near future, but I wonder…), and that the company has recently been valued at $2.26 billion. According to the Financial Post,

“On Tuesday, hedge fund Tiger Global Management made a US$20-million investment in LinkedIn, giving the New York-based investment firm a 1% stake in the company at a value of US$21.50 per share…According to SharesPost, a website that tracks the value of private companies, LinkedIn still has 105 million shares outstanding. At US21.50 per share, that gives the “professional network” a total valuation of US$2.26-billion.”

LinkedIn also recently hired Shannon Stubo as its new Vice President Communications, as reported through TechCrunch. (she hasn’t had time yet to update her LinkedIn profile) Stubo was formerly the Senior Director, Corporate Communications at OpenTable, an online restaurant reservation website, and participated in taking OpenTable through its IPO process last year. Prior to that she was Vice President, Corporate Communications at eBay and also spent some time at Yahoo and Intuit. Her hire has raised more discussion that LinkedIn is preparing for an IPO. Interestingly, there are no posts on Stubo’s hire on the LinkedIn blog, nor are there any official press releases.

Jeff Weiner, LinkedIn’s CEO, said in an interview last month that LinkedIn is fielding inquiries from bankers interested in the company, without identifying which firms or saying whether an IPO is forthcoming. “We don’t need the capital,” he said.

As if that weren’t enough, last month Weiner told Bloomberg.com of acquisition plans to “make its professional networking tools more accessible on mobile phones and add features that make the site more relevant to members.” He said he wants to make it easier for users to “hunt for jobs and recruit new employees,” something all of us have been using LinkedIn for since its launch back in May 2003. LinkedIn also has plans to hire 900 new employees by the end of 2010 to cope with rapid growth in India, Brazil and China.

New $20 million investor? New senior level hire with experience in IPOs? Nearly 1,000 new hires planned? Acquisitions to broaden mobile  reach? Tell me this doesn’t smack of IPO before the end of the year. What are your thoughts?

8/4 UPDATE: LinkedIn released a statement today that they have acquired mSpoke, a startup focused on making media more relevant through their recommendation technology with offerings for content publishers, research analysts and individuals.

Industry News, Technology & Resources

Where Do Your “Friends” Work? BranchOut Can Help


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Want to get your friends to help you raid a company? There’s an app for that. Want an introduction to a hiring manager? There’s an app for that, too. Just nosy about where your friends work? Yes indeed, now there’s the (same) app for that, too.

BranchOut, which launched yesterday and is profiled today on TechCrunch, is an app that details the past and current employers of your Facebook friends. And, if you can convince your friends to install the app, you get the same info for the friends of your friends.

It gives a new twist to Sun-tzu’s counsel about keeping your enemies closer. With BranchOut installed, you’ll want friends closer, lots and lots of close friends who will unlock their profiles so you can see who works or worked where and who has friends there.

Social Media

Creating Community


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Recently, ERE coordinated recruiter Meetups that happened all over the world. Did you attend one? If you did you may have enjoyed conversation with people of similar interests and come away with ideas and new things to try. I know that’s always the case for me when I take part in these types of events.

This is one of the reasons I started up a networking group a while back. I have watched groups all over the world discuss sourcing and related activities and I wanted to provide a platform for people with an interest in sourcing in my part of the world. I also wanted to promote sourcing and research as a specialist role, rather than an admin task that was treated only as an entry level position.

The Australasian Researchers Network is a community of people interested in sourcing, online search and search strategy. Until recently sourcing in Australia and New Zealand has been quite niche, and even now it’s still a growing subsection of the recruitment industry, although with all the interest in “social recruiting” it’s getting more attention.

Editor's Corner, Technology & Resources

Initial Outreach For Sourcers


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I’ve been asked several times over the course of my research career to share examples of my initial email outreach to prospective candidates after having found them through various sourcing avenues. When I share what I do, people are usually surprised at the simplicity of it. But my feelings on making a connection with someone who most likely doesn’t know you from a hole in the wall are that less is more.

For those of you who do initial outreach via email to potential candidates before throwing them over the fence to your recruiting colleagues, it is tempting to want to go into great detail about how incredible your company/client is and what a fantastic opportunity you have to offer them. I urge you to put yourself in the position of the person you are emailing: if you received an email from a someone you’d never met before, from a company you hadn’t previously either known of or been interested in, and the email was three paragraphs long with most of it being a stock company and/or job description, what’s the likelihood that you’d make it to the final paragraph where the job opportunity was shared? That’s what I thought…  

Corporate Sourcing, Leadership

Creating a Culture of Innovation


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– Managers imitate; leaders innovate

As a leader, one of the biggest pressures I face is to do more with less. I am constantly being asked to squeeze more production from our resources and to find creative ways to find the very best candidates. To succeed we need to continually strive to find innovative solutions to our problems. We can’t simply imitate others—although it is easy, it doesn’t give us the competitive advantage that we need to stay ahead of the market, and we will always be chasing others. Quite honestly, how fun is that? I want to be part of a team that is always striving to find the next big thing and that is always thinking about a different way to solve problems. Every day we need to challenge the sourcing “status quo” and push forward with new ideas.

Be an example yourself.

That obviously sounds wonderful, or at least it should. But how do you actually do it? It is easy to fall into the “if only” traps –“if only” I had more time, “if only” I had more people, “if only” I had more money. I will admit to having my days, but as a leader it is critical for both my team and me that I am able to move past that. Innovation is sparked by necessity. If I could throw a bunch of money at any problem I had, innovation would probably take a back seat. That leads me to my first point – I have to set the example for my managers and team. That means openly encouraging and rewarding people to question me. It isn’t easy. Encouraging people to challenge your vision, your processes, your tools, and everything you have put your heart into can be tough. What’s the alternative though? If I am the artificial ceiling that limits our team, we can only go so far. We have just over 40 sourcers globally. Each of them was hired because we believed in their skills, passion and creativity. I must allow them the artistic freedom to succeed. It not only keeps them engaged, but when you have that many smart, talented, and creative people all striving to “reinvent sourcing, SOURCING MAGIC HAPPENS!!

Encourage creativity by listening to all ideas.

As you can imagine, when this really works, tons of ideas are thrown out. Some are game changers and some aren’t. This leads me to my second point. How you handle the game changers are important (and rather easy), but how you handle the ones that aren’t will ultimately determine your success. If you immediately dismiss or minimize the suggestions that aren’t on the mark, not only does it embarrass the person, but it sends a message to everyone else to tread lightly. New ideas will soon cease and you’ll have to start regaining everyone’s trust all over again. This should be a fun process, and as new ideas take shape, it becomes contagious.

I would love to hear about other team’s successes so please feel free to share them in the comments.

You have permission to amaze me!

Industry News

Google Acquires Metaweb


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Google announced today that it has acquired Metaweb Technologies, a company based in San Francisco that developed Freebase, an “open, shared database of the world’s knowledge.” A semantic web startup, Metaweb was founded in 2005 by Danny Hillis, John Giannandrea, and Robert Cook and was run under the parent company Applied Minds.

This could lead Google even further into the realm of semantic search. According to Gigaom, Google says it plans to use Metaweb to “help handle complicated and hard-to-understand search queries by getting a better understanding of the 12 million people, places and things in Freebase and how they relate to each other.”

Technology & Resources

HootSuite For Sourcing


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For anyone who hasn’t heard of HootSuite, it is quickly becoming one of my favorite social tools for sourcing. To provide some background on what HootSuite is:

“HootSuite helps organizations use the social web to launch marketing campaigns, identify and grow audience, and distribute targeted messages across multiple channels. Using HootSuite’s unique social media dashboard, teams can collaboratively schedule updates to Twitter, Facebook, Linkedin, WordPress and other social networks via web, desktop or mobile platforms plus track campaign results and industry trends to rapidly adjust tactics.”

Sounds like just another social media tool to be awed and amazed by, right? Not quite! There are functions built into HootSuite that are very handy for us researchers and sourcers. This week, they released some new functionality that will be quite helpful as we continue to work on proving the ROI of our social technology use.

  1. Consolidation. You can connect several social channels to HootSuite and monitor updates from a single location. Currently available are Twitter accounts, Facebook profiles and pages, LinkedIn, MySpace, PingFm, WordPress, and just added this week is Foursquare. (more on that later)
  2. Search. HootSuite has several different methods of search and monitoring – you can search with keywords, search by hashtags, or monitor public or private Twitter lists. The keyword search supports Boolean, so for those of us who have set up Boolean searches to monitor Twitter, this is an easy way to monitor right within a Twitter platform for easy follow-up and response.
  3. URL monitoring. HootSuite uses both ow.ly and ht.ly for standard URL shortening and sharing links. You can monitor clicks of these links through HootSuite’s metrics, which can be viewed either online or through their mobile app. Recently they’ve also added the ability to incorporate your own shortened URL (similar to what bit.ly Pro is allowing) so if you want to use your own, like resr.ch (sorry – I own that! :) ) you can set it up through HootSuite. This is a great feature for tracking interest in shared job opportunities or interesting links.
  4. RSS. You can run RSS feeds through HootSuite to automatically share when you’ve published a new blog post. A great way to automatically distribute your new articles with your networks. Or if you have a feed you just like to share, you can run it through here as well.
  5. Insights. Have you seen the new tab called Insight that appears when you click on a Twitter name? This provides you with a collection of information about that person gathered from other places on the Web. Things like job history, photos, location, and other social networks to which that person belongs. Right now, there doesn’t appear to be an opt-out to hide this information, so take advantage of it while it’s available!
  6. Geolocation. There are two parts to this – one, HootSuite recently added functionality to conduct location-based searches based on your present location. So, if you’re looking for potential candidates near you, you can do that. As mentioned earlier, HootSuite recently integrated with Foursquare, so you can follow the updates of those you’re connected with from HootSuite. This does present a cautionary message though – be careful about who you connect with – even if you choose not to share your location, if you are connected with someone you still show up in their update stream.
  7. Collaboration. You can invite others to collaborate on any of your social channels. I do mean any! You can create teams of people to tweet from one Twitter account, to post on a Facebook page, or to update locations on Foursquare. Think of the recruiting implications of having a team Foursquare account – if you work for a company with multiple locations, you can share job opportunities that are geo-tagged and easily findable by others near you. Pretty slick!

By the way, HootSuite is completely web-based too so you don’t have to download any desktop applications. This is great also for when you can’t be at your own computer – you can log into your account from any location. HootSuite’s basic functions are completely free. Some of the more robust features do have a fee attached to them but they’re totally worth it. As well, there is a lite (free) mobile app and a paid mobile app that’s only $2.99. Currently they are available for iPhone and Android devices, and the Blackberry app is coming very soon.  If you’ve been struggling to find a way to show ROI for your social technology use, this is a really good place to start. Check out their blog and take it for a spin!

Do you have a favorite social collaboration tool? Share in the comments below!

Industry News

Aon Acquires Hewitt Associates


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JohnHollon

A big shoe dropped today in the world of HR consulting as Aon Corporation announced it was acquiring Hewitt Associates in a nearly $5 billion cash and stock deal.

Hewitt, based in Lincolnshire, Illinois, is described in the press release announcing the deal as “one of the world’s leading HR consulting and outsourcing companies” and it certainly is all of that. Hewitt has more than 3,000 clients and 23,000 employees around the world, and its focus is on three primary areas: consulting, benefits outsourcing and HR business process outsourcing.

Chicago-based Aon, on the other hand, is the world’s largest insurance broker according to Bloomberg Businessweek, as well as one of the leading global providers of risk management services, insurance and reinsurance brokerage, and human capital consulting with 36,000 employees doing business through more than 500 offices in 120 countries.

Editor's Corner

Sourcing and Plato’s Cave Allegory


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Plato was was a Classical Greek philosopher, mathematician, writer of philosophical dialogues, and founder of the Academy in Athens, the first institution of higher learning in the Western world. I was recently pointed to a work of his called the Allegory of the Cave. This writing of Plato’s originally appeared in his work titled The Republic and discusses our view of reality as seen through ‘shadows’ vs. ‘real form”:

Plato imagines a group of people who have lived chained in a cave all of their lives, facing a blank wall. The people watch shadows projected on the wall by things passing in front of a fire behind them, and begin to ascribe forms to these shadows. According to Plato, the shadows are as close as the prisoners get to seeing reality. He then explains how the philosopher is like a prisoner who is freed from the cave and comes to understand that the shadows on the wall are not constitutive of reality at all, as he can perceive the true form of reality rather than the mere shadows seen by the prisoners.

I believe this allegory has modern-day application to the work we as Internet researchers and sourcers do, and indeed, to the way we actually do our jobs. Its original intent was political in nature, desiring to shed some light (no pun intended) on justice and truth, and to show how people’s perception of truth was widely varied based on what limited information they may have been exposed to. But this thought process I believe can be applied to our approach to sourcing, especially given our affinity to stay firmly loyal to a certain set of resources or methods of research.