Most of us still treat the networking sites as social meeting points. Twitter has been instrumental in saving plenty of victims in natural disasters. Blogs have brought the peoples struggles in Iran, Afghanistan and elsewhere in front of us, literally, through our computers.
"Individuals have benefited from the viral virtues of social media: Musician Dave Carroll got the attention of United Airlines when his YouTube video about how the airline broke his guitar reached millions of viewers; TechCrunch founder Michael Arrington got Comcast to respond to him in 20 minutes and resolve a connection issue he had complained about to his 12,000 Twitter followers."
http://www.forbes.com/2010/07/19/facebook-twitter-linkedin-technology-cio-network-social-media.html?partner=airlines_newsletter
But these are some of the more obvious uses of these sites. Whats coming up now in a huge wave is the use of social and business networking for business purposes. In marketing that means using social media to reach the customer, to find trends, to get feedback. All major companies now have a 'social media strategy' and social media firms in India are springing up to help Indian companies in getting their message across as well as keeping a finger on the pulse of the consumer.
How social network can affect strategy
"Bad strategy execution originates from communication and engagement failures. The worst symptoms include employees disregarding the strategy and management ignoring employees' input regarding their strategic decisions."
http://www.forbes.com/2010/07/19/facebook-twitter-linkedin-technology-cio-network-social-media.html?partner=airlines_newsletter
Therefore companies are now making social networks inhouse to monitor employee reactions and getting inputs to gauge the success of strategies.
Social Network and Recruitment
Facebook, Linked In and Twitter are the holy trinity of social networking strategies for individuals and recruiters alike.
http://blogs.forbes.com/work-in-progress/2010/06/14/social-media-twitter-facebook-linkedin/?partner=relatedstoriesbox
Jobvite, a recruiting software company, asked 825 HR and recruiting professionals about the extent to which they use social networking websites in their recruiting process to find and vet candidates for jobs. Their answers indicate that they view social networks as a viable channel for sourcing high-quality candidates and that they plan to increase their use of social networking websites in their recruiting efforts this year. (Only about 3 percent of survey respondents were Jobvite customers.)
http://www.businessweek.com/idg/2010-06-30/social-networking-ever-more-critical-to-job-search-success.html
Here are some of the reasons being touted to job searchers to get over the third party recruiter cycle and get on to the www.
1. You'll have access to job opportunities at progressive, growing companies.
Companies that are hiring the most people in the shortest periods of time "are the ones who are more aggressively pursuing social recruiting," says Dan Finnigan, Jobvite's CEO. "Companies with the most growth opportunities are trying to get better, higher-quality candidates through social recruiting."
2. You'll have access to job opportunities first.
The Jobvite survey results show that employers prefer using social networking sites for recruiting because they make advertising jobs and sourcing candidates cheap and easy.
3. Employers are increasingly using LinkedIn, Facebook and Twitter to find and vet prospective employees.
According to Jobvite's social recruiting survey:
. 73 percent of respondents currently use online social networks or social media sites to support their recruiting efforts.
. 92 percent of respondents hiring in 2010 currently use or plan to recruit via social networks.
. 78 percent of respondents use LinkedIn for recruiting; 55 percent use Facebook (up 15 percent since over 2009); and 45 percent use Twitter (up 32 percent over 2009).
. One-third of respondents always check out candidates' social media profiles when vetting them. . 58 percent of respondents have successfully hired candidates through social networking websites.
4. You may not find as many job ads on job boards or job opportunities through recruiters.
Jobvite found that 36 percent of survey respondents say they plan to spend less money on job boards as the economy recovers. Slightly more (38 percent) will spend less on third-party recruiters and search firms as the recovery continues.
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After polling 100 hiring managers at small, mid-sized and large companies on how social media is being used in the hiring process, Jump Start, a New Jersey search engine found that a good number of the hiring managers have started checking social media sites to research candidates before making a job offer. While LinkedIn-the only professional social networking sites to research the credentials of job candidates, is the favorite for three quarters of those polled, a good 48% turn to Facebook and 26% to Twitter.
http://www.digitalcommunitiesblogs.com/international_beat/2009/06/social-media-can-also-get-you.php
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Of course Linkedin has been favoured for years by recruiters, such as ourselves, nowadays recruiters in companies and third party firms use social network sites to get an overall view of the individual, apart from his professional resume. It helps that people are unabashedly free spoken on sites like Facebook or Twitter. Testimonials on Linkedin are also like reference checks in a way, used with caution. And for just how long have we been using google.com to search for phone numbers, profiles or even just plain information on projects or theses.
Here is a matrix which shows quite well the experience and expertise required and the method of recruitment favoured by a company.
http://www.ibscdc.org/Articles/social_networking_better_recruitment_platform.htm
How to go about it as a recruiterThe average user of social networks, mainly for job search has been found to be 37, therefore the GEN X-ers !1964-'80). Thats not to say Gen Y ('80-'95) does not use networking as a tool. However the message has to be put in a different way.
Gen X need interactive media such as Internet banner advertising, job boards, e-cards, text messaging, mobile media.
For Generation Y/Millennial mostly interactive and alternative media work: job boards, Internet banner ads, networking sites, RSS feeds, blogging, text messaging, streaming video, flash e-cards, e-mail marketing, splash pages, mobile media.
However there are downsides to this as well. Discrimination might be a huge charge which might bring the lawyers to the doorstep if you reject a candidate for his Facebook profile. Or Social Network sites not meant for professional networking might be actually too personal. Or even the chance of mistaken identity always remains.
Therefore there may be some precautions you have to take as suggested by http://www.ceridian.co.uk/hr/newsletter/nav/1,4813,593,00.html.
- Be aware of rules of equal opportunities.
- Keep a paper trail and archive print-outs that you have used when assessing a candidate.
- Ernst & Young set up the company’s own profile and network, then makes sure that the organisation’s reputation is not being damaged.
- Company information must be used responsibly.
- Constantly monitor your organisation’s profile on the various sites.
Happy searching.