Just when you think you’ve mastered the Internet, along comes a new generation that is changing the way we use the Web. It will be incumbent on today’s recruiting innovators to rethink and shift their recruiting tactics in response to the changing dynamics of the Web’s second generation.
Ten years ago, leading companies identified that the habits of their target audience were rapidly changing. The Internet, once an exclusive haven for techies and geeks, was now becoming an indispensable resource for everyone from college students to experienced professionals.
This shift enabled a virtual revolution in recruiting, with large recruiting teams, high costs, and long hiring cycles giving way to faster, more agile recruiting departments that could do much more with less and more quickly.
This shift to online recruiting began with next-generation job seekers: namely, college students. Today we can see that the college audience is once again proving to be a bellwether audience signaling times of change ahead.
From the way they use the technology to the way they interact with and create social circles, their changing behaviors are behind the increasingly rapid evolution of the Internet as we know it.
We’ve heard hot buzzwords before like push technology, convergence, and custom portals. Not much materialized from these concepts except that fledgling businesses without viable business models raised large amounts of venture capital, threw lavish parties, and ultimately, crashed and burned (some in spectacular fashion). We fell in love with a sock puppet, but not enough to buy pet supplies from him. We watched the Furniturewarehouse.com Bowl on national television. If you were lucky, you saw Celine Dion or KISS at an IPO party. If you were unlucky, you bought stock in said party-thrower. And a few winners survived.
And now comes “Web 2.0.” Terms like user-generated content, tags, social networks, contextual targeting, and mass customization have emerged. Sites like MySpace, YouTube, del.icio.us, and Digg have become overnight sensations. There are 50 million blogs, with two new blogs getting created every second.
Websites are becoming much more dynamic and immersive than ever before, threatening to turn the “world’s biggest library” into the “world’s biggest form of interactive entertainment.”
I believe that Web 2.0 is a convenient, easily understandable phrase that represents a much broader set of changes happening online. Yes, there are some technological changes underway allowing new sets of innovations. There are some new (and recycled) approaches to business problems that would have never been possible without the level of online participation that we see today (for perspective, 75% of U.S. households are online, and it took only five years for the Internet to reach 50 million people vs. 38 years for TV and 13 years for radio). The Internet and the technology and processes behind it are maturing.
More important for recruiting is that the audience is changing. They’re using the Internet in entirely different ways than the original Web generation did. Some of the changes happening with this new generation include:
Job-seeker behavior and expectations are also beginning to change. The implications on how companies find and connect with people will be significant. While some of the old habits of previous unwired generations carried through to the first generation of Internet users (i.e., writing a great cover letter will get you that job!), the new Web generation will completely redefine the job search and bring new expectations to the workforce.
Here are a few examples of the changes underway:
If you think that these trends are only applicable to students, think again. Ten years ago, we thought that the newspapers would still remain the dominant media and the Internet would be a niche player in online recruiting.
Today, the Internet is poised to overtake newspapers in the job-classifieds market in the next five years. We already do what we thought only IT people would do. Soon, I predict that we will all be doing the things that this new Web generation does.