We all know that the industry is shifting from an off-line to an online world, from on-premise software to Ondemand software, from an advertising focused talent attraction strategy to a data mining-centric approach,… We sometimes wonder how fast and profound is the impact?
McKinsey produced a good projection of how much the classifieds have lost to the online players. As you can see on the chart, the online impact is huge; even when the jobs increased again and new competitors were present, the ad volume went down!
Hence the question for all of us as vendors or those responsible for talent management within organizations: are we capitalizing on the positive effects of these tectonic shifts such as online streamlining, the Ondemand solution platform or even data mining-centric talent management strategies?
