Happy Sunday. In Part 3 of this series I’m going to take a closer look at what has been happening with semantic matching, and how this impacts on recruiting tech, and a few more thoughts on how social learning is developing.
The social evidence based sourcing platforms I listed in part 2, have been proving their value in the tech sector. This is inevitable because the tech companies have a defined niche, defined communities, the greatest need and the expertise to develop the products. There is no logical reason however, that these technologies can not be applied to any sector for social evidence based sourcing.Expect to see this technology evolving in to other sectors during 2013.
The introduction of LinkedIn endorsements for skills, and there priority in search results is another example of where the thinking is going in this direction. John Sumser summed this up at #TruLondon when he described how the real problem was not a shortage of talent, but rather an inability to find it because of over supply. There is plenty of talent, it’s just not clearly labelled in the way it has been in the past. The only way you found someone with X skill was to hire someone with X qualification.
The problem now is that technology and business is evolving faster than academia, and people are learning skills in an informal way. Think YouTube, Stack Overflow etc. As jobs in the way we know them continue to disappear, and more people move their skills to being cottage industries, working on project rather than employment contract, so formal learning via expensive work based qualifications will disappear. The end result will be more informal learning, and a greater reliance on social recognition and endorsement. It is going to be interesting watching this unfold this year through learning programs like Udemy, which have a social feel, and are easy to edit, update and change as technology changes.
For recruiters, the soon to be launched MySocialTalent,Com is a great example of this, an interactive training platform that can be updated whenever needed. The platform is available on subscription at less than £200 a seat for a year. I know Johnny Campbells style well, and he makes what looks like complicated internet sourcing principles simple. The platform delivers training in bite sized chunks, with plenty of interactive exercises and feedback. The real benefit though is that as the search platforms and social channels change as they do on an on-going basis, the platform gets updated to keep you up to date. It is one of those products I wish I would have developed, and is built on a platform for the future.Expect more of these types of agile learning platforms to be coming to the fore this year, and reject traditional curriculum based learning, which is proving dated.
In terms of innovation, the other companies that have caught my eye are SmallImprovements, who offer an on-line continuous performance management and feedback product in a social way. It is a bit like Rypple for companies outside of the enterprise scale.(That is a compliment.),
White Truffle, the intuitive matching platform with an innovative pricing structure, TalentFig, the assesment tool with a simple interface that is amazingly accurate, much better than SHL and other more expensive alternatives currently available in my opinion, and much easier to interpret.. Finnish swarm technology
IntuneX that connects people within an organisation by their skills, expertise or interests, and Dutch HR data aggregator Hunite, who use mobile notifications taken from a companies vast array of HR systems to advise employees of essential actions via push notifications. (My description doesn’t really do it justice, but it is very neat.). I’m also watching what happens with Evenbases Jobsite.Com
quite closely. This combines job scraping from corporate sites, with an agregator search interface for job seekers, semantic matching technology, and a pay for results pricing model where hiring companies choose to unlock details of applicants who both match and have expressed an interest in the job. My only concern with this is how companies will react to the scraping aspect, but then this has become common practice amongst the agregators.
I expect the agregators like JobRapido (also an Evenbase company by acquisition) and Indeed to continue to grow in popularity, as job seekers are looking for one on-line destination for jobs requiring no real registration, rather than having to go to multiple boards.
Semantic matching tech will also become more mainstream, as people are looking to see only opportunities they match and are interested in, rather than having to search through every opportunity based on key-words, which is time consuming and frustrating. Expect to see semantic matching and single job presenting as a feature of career sites over the coming year. Why show people jobs they are not suited for? It makes no sense for anyone, and this will solve it, preventing people from being tempted in to applying for jobs they won’t even get an interview for.
On the subject of semantic matching, I’m also expecting to hear a lot more about Monster’s SeeMore and 6sense technologies. Monster have partnered with the Department Of Work And Pensions to power the on-line presence for JobCentre+. It is going to be really interesting to see how this technology works on this scale, for the wide range of people who are claiming benefit or looking for jobs. Having looked at both SeeMore and 6Sense in depth a few times this year (as well as several conference demos), the potential applications for sourcing and matching is impressive. If I worked at Monster, I would be talking about it a lot more.
Tomorrow in Part 4 I’m going to be posting more on ATS;’s, new launches and the innovation in this area. What do you think are the technology and products that will stand out in 2013?
Disclaimer: Jobsite sponsor #Trulondon and Johnathan Campbell often buys me beer.