In today’s webcast, Ed Newman, President of the Newman Group, unveiled his new vision of affecting employee quality and creating a talent mindset.  It’s a doozie- what a great idea.  I’ll encourage you to check out the whole webcast here when you get a chance.

A new role for talent acquisition? 

Ed suggests that for organizations to take their recruiting abilities to the next level, they shift focus from recruiters as administrators to network collaborators.  How?

• Become a Talent Coach - Leading, nurturing and sustaining networking practices amongst the hiring team.  (And don’t charge them with administrative tasks like entering a req in the system.)
• Assist the Hiring Manager in developing and maintaining a network of enough people to hire from (20 – 35)
• Identify prospects to be introduced to the Manager’s network (avoid the old boy network)
• Provide the tools for managing the Network (e.g. LinkedIn, Salesforce.com, etc.)
• Attend industry events with the Manager and organize social events
• Assist the manager maintain periodic, systematic communication with network members
• Create a Talent minded culture.  This synergy happens when everyone at a company- regardless of position- has the same thought when they meet someone new at a restaurant, at a party or on a plane:  Could this person work for us?

Network Theory

Additionally, he presented the radical idea of using network theory as a way to measure success.  Network theory is essentially a science that measures, through graphs, the strength of said network.  Its application here is through a relatively new concept of social media analysis, and there are some amazing tools out there assisting in this… Ed mentioned www.touchgraph.com- so I quickly made my way over there.  Using my name and HCI, this is a pictorial representation of the power of my network.  Pretty cool, huh?

Today’s webcast will focus on work/life initiatives and how to measure the impact of these programs.  What does work/life have to do with talent acquisition?  We’ll discuss that in a bit.  First- let’s define what “work/life” is.  According to our presenter, Dr. Amy Richman of WFD Consulting, “[w]ork-life is a perspective. Companies that take a work-life perspective regard employees from a whole person point of view. They acknowledge that it is not just skills, abilities, and career goals but also work environment and personal and family life that give employees the energy and commitment to contribute fully. “

Creating, fostering, and nurturing a healthy work/life strategy is a competitive edge in talent acquisition- especially amongst semi-retiring Boomers and smart young Millennials.

Dr. Richman encourages organizations to ask this question: Does your company’s work-life effort have these components?

•Dependent care programs & policies

•Health and wellness programs & policies

•Education benefits and programs

•Financial and legal programs

•Flexible work practices

•Organizational culture that enables employees to work efficiently and manage work and personal responsibilities

•Workload and work redesign efforts to eliminate low value work and achieve business results

•Community focus and collaboration to leverage investments

Are there any  missing components?  Do you disagree with any?

Finally, Dr. Richman demonstrates how to measure the impact of work/life programs, and share some metrics from a case study at IBM.  And those metrics are pretty darn powerful- through the lens of an employee survey, IBM found that over 40% of their employees ranked work/life balance as the 1st or 2nd reason for continuing to work for the company.