Showing posts with label jobs on facebook. Show all posts
Showing posts with label jobs on facebook. Show all posts

Monday, July 23, 2012

Facebook vs. LinkedIn: An Unfair Fight for Jobseekers or a Lesson in History?

Our blog has moved. You will find this blog post and fresh content on our new Talascend IT blog.

Is there a fight for candidates in the making?
I ran across a recruiting piece in Forbes last week that discussed the swirling rumors and challenges surrounding Facebook’s entry into professional networking to take on LinkedIn. LinkedIn already has the data, the tools, the recruiter functionality, and the reputation for being professional. Facebook is known as a ‘fun,’ almost completely personal, social media platform. Most in the recruiting field would call this an unfair fight.

Me? I am starting to experience déjà vu.

I seem to recall the days of yore: When a young, eccentric genius (and a Harvard dropout) was consistently told his work will never amount to anything. Microsoft will never be big because people won’t want PC’s.  Microsoft is not a threat because it’s only used in offices. Microsoft can never succeed in the gaming world because they are a ‘stodgy, uncool company.’ We all know where these predictions went.

I am willing to concede that it is a stretch to compare William Gates, III to Facebook’s Zuckerberg, but not too much of a stretch. That’s why, if the rumors are true, I am willing to give him the benefit of the doubt to see how things play out in the later rounds.

Here’s why:

1. There is huge power in numbers and influencers.   With 8x’s the users, Facebook’s launching point will be far ahead of any other company trying to take on LinkedIn. If it weren’t for the sheer numbers, I would be skeptical. Many argue that it’s not the same. Facebook isn’t the same audience. As stated before Facebook is for ‘fun.’ Need I remind you of the X-Box? How many LinkedIn users also use Facebook? Facebook can unseat LinkedIn.  With 8X the user base, it doesn’t take many people to join in the professional side and match the professional powerhouse immediately. 

2. Yes, people want to play in a play space and work in a workspace…wait…what? No. People play at work now. Offices have ping pong tables and masseuses.  People hop jobs like the Easter Bunny, and it’s become the norm.  Integrating your personal and professional lives into ONE brand of confidence, where the tool that the brand provides enables you to quickly and easily keep the two separate may be Facebook’s saving move. 

3. Integration provides a bigger punch than an app. Much is discussed about the advantages LinkedIn has over the various Facebook job apps. If the professional networking is integrated and not an application; we’ve got ourselves a whole new fight. What if Facebook is successful in producing a professional network AND a personal network?  A different purpose for both. With whatever crossover people WANT to have.  Right now it’s impossible: It’s LinkedIn OR Facebook. Personal OR business. (Too many words in CAPS? I’m rolling…) What if Zuckerberg has already begun to take on the question of ‘why?’ and said ‘why not?’

4. Geniuses have a way of always bouncing back. I’ve already mentioned Bill Gates and Microsoft. What about what Zuckerberg has already faced?: A division in the upper ranks, pushback to the timeline, email, other changes, and a shaky IPO. Last time I checked, Facebook is still the world’s largest social media platform and still in business. Yes, people are leaving but people are joining everyday too.

It’s kind of funny that I feel the way I do since I, and other colleagues, actually think Facebook may very well fade out, but integrating professional networking into Facebook might be exactly what saves it.

A fight is never over until the ref calls it or the final bell sounds and we’re only in the locker room warming up.

Monday, December 12, 2011

Facebook for jobs? It’s time to SWOT up.

Our blog has moved. You will find this blog post and fresh content on our new Talascend IT blog.
by Josh Kaplan


If you’re job hunting on job boards and corporate websites, you might be missing something right in front of you. It could be time to take Facebook more seriously.

18,000,000 Americans found their current job through Facebook. Not a date for Saturday night. Not a great new Vietnamese restaurant downtown. Not a video of a giant panda sneezing. They found a job. That’s equivalent to the combined populations of New York and L.A.

If professional connections are the serious side of social media, then Facebook is getting serious. And why wouldn’t it? At the end of the day, contacts and relationship management are the key to a strong career path and while Facebook may have been created as a means for people to share personal and informal information, its incursion into the world of work was inevitable.

For jobseekers, that means it’s time to think about how they use Facebook and where the dangers and possibilities lie. This week, we use a very business-led model to help you navigate the issues. We present a SWOT analysis of Facebook’s potential for jobseekers.


Strengths

Accessibility
Facebook has all the obvious benefits of any online media. – 24/7 access, live access and real time news and events.

Segmentation
If job advertisers want to reach the 35-50 year old market of engineers in Frederick, Maryland – they can. And they don’t have to pay for all the extraneous exposure. Expect to see this activity increase, especially among smaller employers with limited budgets.

Passive Job Seekers
Relevant jobs can land on your Facebook profile without you even asking for them. The best candidate for any job is a passive candidate. If you’re a company trying to recruit, finding a candidate from among active users on Monster or CareerBuilder may result in a great deal of competition with other employers.

Scale
500,000,000 people means massive potential in any context. Period.


Weaknesses

Generation gap
A great many of the key skills in most demand, particularly in engineering, are only available among a demographic group that is relatively inactive on Facebook.

Current functionality
While talk of Facebook-Jobs continues, current functionality,  does not allow users to silo content in the same way that Google+ does, so that your football buddies see one thing and your business contacts see another.  G+ may be dead on arrival, but it would have been of greater benefit for jobseekers in time.


Opportunities

Future Functionality
Whatever Facebook lacks, it can develop - and based on its track record, it probably will.

Overall Market share
In the online job world, market share is very important. Monster is great example. If you’re first, you have a major advantage in attracting investment and reinvesting in marketing to further boost your intake. At that point, it’s your ball to drop. Facebook does not drop the ball very often and they are a light year out in front of the pack.


Threats

Work / Life balance
It remains to be seen if Facebook users en masse simply don’t want to integrate their personal lives with work. They may look for an entirely different product, just on principal. (Someone run down to the basement and dust off Google+?)

Fear of Embarrassment
We’ve all seen those e-mail examples of Facebook mistakes and misjudgments. It has ended marriages and careers too. Many people may choose to stay on Linked-In rather than risk their career and reputation by linking their CEO to their college roommate. This may threaten Facebook’s ability to control the market.

So there it is, early days for Facebook as a dominating online job resource. One thing is certain, it is currently playing a role in landing people work. The question is whether it can bring one of the side benefits of its model into a central role without compromising its central purpose.