Post on 09-Jul-2015
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Careers 2009: context and trends
Santiago GarciaFounder, Jakobsland Partners
Barcelona, 05 November 2009
It’s very cold out there
36% of companies have experience a slowing in employee turnover.
Source: TalentDrain, Employee Engagement & Retention Survey 2009
56% of companies are allocating recruitment less priority.
Source: TalentDrain, Employee Engagement & Retention Survey 2009
The figure rises to 71% for those which have experienced HR budget cuts.
Source: TalentDrain, Employee Engagement & Retention Survey 2009
The number of companies hiring MBA will decline 15%, from 59% hiring in 2008 to 50% hiring in 2009.
Source: GMAC – Corporate Recruiters Survey 2009
The 2009 average starting salaries for business school graduates were expected to decline by 4% to 6% compared with 2008 salaries.
Source: GMAC – Corporate Recruiters Survey 2009
However, demand for MBA graduates remains strong in the sectors of consulting, health care and pharma,energy and utilities.
Source: GMAC – Corporate Recruiters Survey 2009
Technological evolution
What side are you on ?
Globalization of the employment market
… offers a world of opportunities
But also …
Employment-for-life is over
How long will you stay in your job ?
6
2
6
52
51
33
38
35
35
42
61
50
43
6
4
6
3
12
2
9
4
0% 20% 40% 60% 80% 100%
Spain
Czech R
Norway
Germany
Russia
< 1 1 to 3 3 to 5 5 to 10 > 10
Source: KPMG – International Case Competition – Report on Preferred Employers 2009
Today my security is my employability
I must takeresponsibilityfor my owncareer
WHAT should I do ?
# 1:Know yourself
What can I offer ?
THINK:
• What am I good at ?
• What does give me joy ?
# 2:Know your ‘clients’
What can I offer ?
What can I offer that meets myclients’ needs ?
Who and where are my potential clients ?
What do they need ?
When employers hire MBA graduates, they primarily seek candidates that a) demonstrate initiative, professionalism, and integrity (81%–82%), b) have good oral and written communic-ation skills (89%), and c) have a proven ability to perform, strategic skills, and core business knowledge (67%–73%).
Source: GMAC – Corporate Recruiters Survey 2009
What can I get ?
2,2
2,9
3
3
3
3,1
3,1
3,3
3,5
4,1
Blogs
Social Networks
Career Services
General Press
University press
Job Fairs
Employment Committees
Job Sites
Corporate Web Sites
Not useful Very useful
Source: KPMG – International Case Competition – Report on Preferred Employers 2009
Where can I find reliable information ?
# 3:Know the competition
What can I offer ?
What can I offer that makes meunique ?
Who am I competing with ?
What is the valueproposition of ‘Me Ltd.’ ?
# 4:Set goals
REMEMBER:
• What am I good at ?
• What does give me joy ?
• What does the world need ?
but also …
• What should I improve ?
• Am I subject to constraints ?
• Can I act upon some of them ?
Look for advice
# 5:Sell your product
In search of new candidates, the vast majority of employers use employee referrals (80%) or their own companies’ websites for job postings and resume submissions (77%). Six in 10 companies recruited graduate business school students on campus (61%). Of those, nearly half (47%) expect to cut back on their on-campus recruitment efforts in 2009.
Source: GMAC – Corporate Recruiters Survey 2009
Did you know that the hiddenmarket represents up to 80%of the available jobs ?
Nurture your social capital
The strength of weak ties
80% of companies use or are planning to use socialnetworking to find candidates.
# 6:Persevere
This is a long distance run.
But don’t make the same mistake...
… more than once.
# 7:Work youradaptability
You will be aiming at a moving target …
… in a changing,
small world.
# 8:Invest in yourdevelopment
Longer careers
Lifelong learning
Getting out of your comfort zone
Intellectual development
Physical development
Emotional development
Spiritual development
Social development
In summary:# 1: Know yourself# 2: Know your client# 3: Know your competition# 4: Set goals# 5: Sell the product# 6: Persevere# 7: Work your adaptability# 8: Invest in your development