Hiring Trends and Jobs of the Future: A Recruiter's Perspective

Lynn Hazan & Associates The Executive Search Firm for Recruitment in Marketing and Communications [email_address] www.lhazan.com 312.863.5401

Don’t Get Stuck! http://www. youtube .com/watch? v=FSIkjNaICsg

Popular Refrain I haven’t had to look for a… Job New Biz Projects Clients …Sound Familiar?

“ It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is the most adaptable to change.” Charles Darwin

You can still thrive in a downturn Top 10 Recession Proof Industries Name them! According to survey from US Bureau of Labor (stats drawn from 1990, 2001 and 2007 recessions Source: Resumebear.com/blog

Top 20 industries 1. Residential trade contractors 2. Turbine & Turbine generators 3.Medicinal & Biological products 4. Medical equipment 5. Pet & Supply stores 6. School bus transportation 7.Passenger Transit 8. Poultry processing 9. Motor vehicle towing 10. Water and sewage

Top 20 industries 11. Consumer lending 12. Financial transaction processing & clearing 13. Portfolio management 14. Investment advice 15. Direct health & medical insurance 16. Self storage centers 17. Tax prep services 18. Process & logistics consulting services 19. Vet services 20. Security guards & armored care services

Hiring Timeline: A Kiss Perspective from LH&A 2001 2005 2006 2007 2008 9/11 Dotcom meltdown Hiring picks up 3-5 years HOT Exec level Marketing + Communications Housing-related Not for Profit Industrial Products Started strong Fickle Q4 Freelance up 32% Candidates turn down jobs Fussy Client Syndrome Talent Shortage Global Recession 2009 Very Selective hiring Massive layoffs

Hiring Timeline: A Kiss Perspective from LH&A 2008 Late 09 2010 2011 2012 Economic meltdown Anticipated hiring Economic Stimulus Package Fuller recovery Gov’t Programs kick in-Need staff 2009 Millions Lose jobs

Client Sweet Spots: Candidate Profiles 3 years 5 years 7 years 8 years 10 years

Anticipated Trends in 2009-10 Economic Stimulus Plan-trickle down Job Training Money available Home Improvements-Energy rebates

Anticipated Trends in 2009-10 Wisdom + Leadership = gone Web 2.0 Boomers delay retirement Gap in talent pool Salary adjustments Locations: Smaller/ Emerging Markets, candidates hesitate to move

Anticipated Trends in 2009-10 Thrift Age-David Houle Demise of Cable TV Intergenerational work relationships- each generation needs the other Urban Nomad Payoff in R&D-trendsetters

Online Job Boards Mass- decreasing effectiveness Niche- targeted- higher usage - de facto Aggregators- capture jobs-increased use eg.

Trends in 2009-Preview Tech & Resources Environment CSR Information Technology Green Health Care Globalization Demographics Changing Mgmt Structure Web 2.0

Organics Global Warming Environment Green Peace Humane Treatment of Animals Fair Trade Worker’s Rights Fringe Center/Mainstream Recognize Trends & Have Them Work for You Whole Foods Nike Starbucks PETA Al Gore

Trend Blogs/Resources Marketingcharts.com Gorkana.com Futurist: David Houle’s blog for hot tips: Evolutionshift.com Did you Know 2.0? Brainyquote.com Climatewire.com By Environment and Energy Publishing Covers politics & biz of climate Resumebear.com Trendwatching.com

Tech Growth - 2009 & Beyond Biotechnology Disruptive technology Energy innovations Clean tech Mobile devices- eg. smart devices, video 3GS Payoff from R&D

iPhone Apps http://www.sourcebooks.com/apps/sourcebooks-iphone-and-ipod-touch-applications.html

Where the Jobs Will Be 5.3 million jobs created by environmental management and protection (Management Information Services Inc., 2006) 6.9 million environmental jobs by 2020 22 sectors w/ green-collar opportunities (food production, manufacturing, auto repair) Infrastructure/Public Works

Corporate Social Responsibility (CSR) Carbon footprint Bottled Water: More expensive than gas Strategic advantage – happy workers, reputation, and social license to operate in existing and new markets Cars- Preferred treatment for Hybrids Carpooling-companies of choice to work for

Where the Jobs are Since 1990s : Lost 1.1 million jobs in Information Technology Gained 1.7 million jobs in Healthcare

Healthcare Spending U.S. spends more/capita than any other country Expectation $4 trillion by 2015 or 20% of GDP Focus on disease care, not HC U.S. ranked last of 19 industrialized countries in providing timely and effective healthcare to its citizens 1 1 Measuring the Health of Nations: Updating an Earlier Analysis , London School of Hygiene and Tropical Medicine, 2008

Wellness Programs Redefine corporate healthcare Healthcare costs soaring Scotts Miracle-Gro Co., Novartis Tobacco-free Fitness and diet programs Intensive screening and health assessment tests Huge premiums for those who don’t comply Scotts forecasts 3 to 1 return on wellness program

U.S. and Global Economy 2007 = U.S. made up 21% of global economic growth By 2010 anticipate 2.9% world growth in GDP By 2011 anticipate the U.S. to decrease to 15% (Stats compiled before recession) Ref: International Monetary Fund - www.imf.org

B.R.I.C. What is B.R.I.C.? Rising Forces in the Economy http://www2.goldmansachs.com/ideas/brics/index.html Ref: Jim O’Neill Mging Dir of Global Economic Research, Goldman Sachs

Changing U.S. Demographics Rise in Ethnic markets in U.S. Rising importance of African Americans-credit Obama -Hispanic American & Asian American, e.g. 2.35 million American Muslims; key players Language Training - Chinese, Arabic Women

Mini Quiz Pew Research Center 2050 projections… 1) Latinos _____% overall US population 2) Asians _____% overall US population

Answers Any luck? Latinos = 29% 2) Asians = 9%

Generational Differences Work = means to an end Like to work in teams. Gen Y 1981-2000 Gen X 1965-1980 Work = entrepreneurial Want flexibility Boomers 1946-1964 Career = exciting & adventurous Want to be needed Veterans 1922-1945 Work =obligation Want reverence for their knowledge Meyer, Ann. “ Closing the Gaps Between the Ages.” Chicago Tribune , 21 July 2008.

Population by Generation Population Count (in millions) Generation Source: 2005 U.S. Census

Needs of an Aging Population Brainstorming session

Boomers in the Workforce 60 is the new 40 Anticipated brain drain The Dilemma Boomers re-invent work after retirement Consulting/ freelancing Healthcare: best field for workers 50 + AARP- Best Employers past 50 list

Changing American Management Structure

Web 2.0 Shift in Content Professional Professional pubs Newspapers Trade magazines Business pubs Reference books Professional Associations Citizen Generated Blogs RSS Feeds Youtube Google Wikis Online Communities Vs.

What Skills are Employers looking for in the 21 st Century? Let’s brainstorm…

21 st Century Skills Creativity and Innovation Critical Thinking and Problem Solving Communication and Collaboration Productivity and Accountability Leadership and Responsibility

21 st Century Skills (cont.) Technology Literacy Flexibility and Adaptability Initiative and Self Direction Social and Cross Cultural Skills Information Literacy Social Media Literacy

Must Have Skills for LH&A Clients Writing Analytic/Quantitative Web 2.0 skills Collaborative work styles Industry specific experience Biz dev Managing Clients, Supervisory Skills Foreign Language Skills Do more with less!

How to Re-Define Yourself in a Changing World Who are you? Strengths & Core Competencies Reinvent yourself, your skills

What is your UPS? Has nothing to do with the postal service The answer is… How do you mirror your own brand? Why should we hire you? Elevator speech-practice

New Model for Employment New Business Models: Temp, Temp-to-Perm, Full-time, Combination Consortium or co-op Adapt and thrive Consultants Entrepreneurship Ref: www.CartoonStock.com

Money, money, money… Compensation- market self-correcting Big jump in salary possible? Your competitive worth in the marketplace Negotiating Value of benefits It’s not always about the money!

Empowered Job Seeker 1-1 consultation to help candidates re-position themselves for a changing job market

Resume Workshop Resume Review A One Hour Resume Transformation Summer Special Good to August 31, 2009

Volunteer Opportunities Help at the Marathon Sunday, October 11, 2009

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Here’s to a year for recovery! “ The only man who is educated is the man who has learned how to learn...how to adapt and change.” Carl Rogers , Freedom to learn, 1969 Lynn Hazan [email_address] www. lhazan .com 312.863.5401 Follow me on Linkedin: Lynn Hazan Follow me on Twitter lynnhazan

Hiring Trends and Jobs of the Future: A Recruiter's Perspective

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Hiring Trends and Jobs of the Future: A Recruiter's Perspective

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