10/06/10 Breakfast with The FIRM - Matthew Jeffery
1. The FIRM Putting the Emotion back into EA The EA Journey Creating a World Class Talent Brand
2. The FIRM.... Putting the Emotion back into EA The EA Journey Creating a World Class Talent Brand
3. WE ARE AT WAR....... BUT it does not involve guns or violence
4. The Global War for Talent We are all competing for the best talent
5. Each day YOUR top talent is targeted with new jobs & better career promises
6. The battle is not just about attracting Top Talent but also how we retain it
7. What makes a great company? PEOPLE! And competitors want your best talent!
8. Key for staff is......... Feeling valued, recognised, challenged, enjoying their work. If they are they will want to recommend their friends and ex colleagues to join
9. Where is the talent? Broadening the talent landscape public sector TV media film banking FMCG games universities mobile IT
10. WARNING:WARNING Ticking Time Bomb Inflationary pressures across entertainment Experienced staff learning their value & playing multiple offers against each other, magnified by recruitment agencies. Graduate market will follow Learn the lessons of the dot com bomb WAGE SPIRAL INFLATION
11. Where art thou….Loyalty? Past: People loyal to their team and project and would only leave on completion of their game/film Today: across entertainment, less loyalty to complete projects Average time in role: Less than 2 years
12. Agencies not delivering Recruitment agencies need to adapt or die In House can provide far more personal level of service and source original candidates not ‘sprayed’ out by recruitment agencies. In-House: Referral schemes CRM Database Events Web 2.0 Networking YouTube, LinkedIn, Myspace, Facebook Graduate Pipeline Could you use 15-20% agency fees to better invest in your future Does your agency meet your candidates & prescreen them to your needs?
13. Headhunting……at all levels If staff are unhappy they will leave anyway ‘I would be more worried if your staff weren’t being headhunted because that speaks volumes about the quality of your workforce’ Are you staff challenged? Are they well remunerated? Do they have a good work/life balance? Are they working on world class games? Do they have an opportunity for promotion? Are they receiving training & Development? Are their ideas listened to? If the answer is NO……headhunters prey
14. University Recruitment The salvation to a shrinking talent pool? Academics being seduced by Games Industry Proliferation of Games related degrees Games degrees do not guarantee a job in games plus the degree is not readily transferable
15. What we need from universities Make Academia interesting & appealing Duty of Universities to ensure that students are not only technically adept in their discipline but they also possess vital ‘soft skills’ The Industry needs passionate believers not automated ‘sheep like’ borg to be assimilated into a standard way of thinking & developing games. ‘Soft skills’ Communication skills Presentation skills Ability to work in a Team Empathy for other ideas Leadership skills
16. Talent Acquisition Never Forget that world class candidate attraction/recruitment can make or break a Business NASDAQ & FTSE Companies are really being scrutinised by investors about whether they can attract & retain high quality staff Talent Acquisition is CRITICAL to modern business
19. Experience talent pool especially tight as industries converge and fight to attract & retain similar talent
20. EA is a games company BUT we seek talent from all industries. ALL the companies in this room today has potential EA staff.So what strategic choices do we face?
21. The Choice of Talent Strategies… Bums on seats – hire cheap and lose them when they get too expensive or frustrated enough to leave Inside Up – hire mainly at entry level and develop / promote through the business Gone again – react to resignations by “spot buying” talent on the open market Always Open – employ a mix of push and pull sourcing techniques to constantly attract the best talent and find them roles within the organisation Employer Branding – build and maintain an ongoing image as a great place to work and directly communicate with candidates
24. The best candidate for your role...... is not necessarily registered with a Recruitment Agency right now!
25. The best candidate for your role...... ..is not necessarily registered on a job board right now! ...may not search job boards..... ....maybe used to people approaching them...
26. Your best candidate may not have even considered working for your company.... or even heard of you!
27. Lazy recruiting has had its day.... Lazy recruiting = Recruitment agency ‘Post & Pray’ Job Boards
28. Salary inflation as negotiation takes place at offer stage Recruitment Agency fees Tactics used to generate candidates that could easily be done in house Burning your Time & Money Unscreened CV’s Receiving ‘contingency cv’s’ that have been sent to all your competitors and on average 20 other jobs ‘Usual suspect candidates’
29. So by definition what is a candidate? Someone who has nominated themselves to be part of an election process It is a voluntary act At what point does someone volunteer to be a candidate? When they see your ad? When they apply to your advertisement? When you interview them?
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33. What turns a regular person in to a candidate? ‘I’m not recognised for my contribution’
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35. What turns a regular person in to a candidate? Dissatisfaction with the way they are treated
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37. What turns a regular person in to a candidate? Or they’re just over this job
39. So the problem is timing? We either wait for the moment they become a candidate and jump on them Or we make them a proposition they find attractive any time WE CREATE A CANDIDATE
40. You are in a race Leading businesses are realising great recruitment is about building relationships & communicating with people, (hence creating an emotional connection with them), before they become a candidate
42. Our Vision EA’s VISION To be the ultimate go-to career destination for the best talent. EA Globally seen as a great place to work in the hearts & minds of premier talent. This involves Marketing BRAND Marketing
43. A brand is a mixture of attributes, tangible and intangible, symbolized in a trademark, which if managed properly, creates value and influence. Brands simplify decision making, represent an assurance of quality, and offer a relevant, different and credible choice among competing offerings. Interbrand The Brand Glossary
44. A Brand is a person’s gut feel towards a Product, Service or Organisation
45. Each of these brands will create a connection with you. Question is what?
46. The average American is exposed to between 2,000 and 6,000 brand messages a day. There are 25,000 products in the average supermarket. Interbrand Brand Fact
48. A powerful consumer brand can… • Provide vision and inspiration to employees • Guide every business decision • Drive innovation and creativity • Become something consumers love • Multiply sales by hundreds of millions • Add billions to shareholder value
49. As product parity grows… Brand becomes a determining factor in consumer purchase decisions.
50. 75% consumers will pay 20% more for brand 50% consumers will pay 25% more for brand 40% consumers will pay 30% more for brand 25% consumers say price doesn't matter they buy brand Scott Davis Brand Asset Management
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52. What is an employment brand? How a business builds and packages its identity, from its origin’s and values, what it promises to deliver to emotionally connect employees so that they in turn deliver what the business promises to customers. Building the employment brand from inside the business, with a consistent substance, voice, and authenticity, may be the most powerful tool a business can use to emotionally engage employees.
57. PR - Geographical Leaders - Leading Creative staff
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59. But We are all different: One Size does not Fit All!!!! Descriptive not prescriptive
60. The Stages of the Employee Experience (how we communicate with candidates, build perceptions about us & ultimately build and develop a relationship)
92. Twitter now has 75m user accounts, but only around 15m are active users on a regular basis. It’s still a fair increase from the estimated 6-10m global users from a few months ago.
93. Towards the end of last year, the average number of tweets per day was over 27.3 million.
100. Understand that the community will be made up people that want to and will work at EA someday and others that may not want to or may not be qualified to – this Is good – objective is to shape the community into Brand Ambassadors.....either way, a hire, or Brand Ambassador is a great achievement & our goal.
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103. RSS feeds from all key EA websites and networks
134. Jobs Site Employee Profiles ‘Humanize’ EA Asia employees and shares their advice & experience to inspire and motivate others in their career choices