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The Fordyce Letter

Straight Talk for the Recruiting Profession


Articles tagged 'sourcing'

Cold Calling, How-To, Technology

Phone Sourcing Basics



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How many of us remember the days before Google, LinkedIn, and other social media sites… When sourcing was a primary function of recruiters, who relied on phone sourcing as the primary means of connecting with potential candidates. When recruiters resorted to purchasing phone directories of targeted companies and then figured out how to break through a phone system to reach the desired department, often resulting in many misconnections that somehow lea to the right person.

Phone sourcing has become somewhat of a lost art form – which is interesting considering that we live in a world of connectivity yet have lost the personal touch of picking up the phone and calling, regardless if you are full cycle recruiter, a sourcer, or a researcher.

Social Media, Technology

LinkedIn’s New Beta: LinkedIn Signal



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Last week, LinkedIn announced at TechCrunch Disrupt in San Francisco about a new beta project it just launched called LinkedIn Signal. Here are some of the most important features as described in the official post from the LinkedIn blog:

Signal is the first of many LinkedIn products aimed at making it really easy for all professionals to glean only the most relevant insights from the never-ending stream of status updates and news. In other words, Signal allows all professionals to make sense of the noise that surrounds them today…Here are the five key features of LinkedIn Signal, a new product that we’re rolling out in limited beta today.

Jeff's On Call!

Jeff’s On Call!: MIA Sourcing Partner



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This post’s inquiry comes from Michael Sayles:

“Dear Jeff,

As a longtime subscriber of The Fordyce Letter and great fan of your Placements and The Law column, I thought I would ask for your opinion on an issue that I am experiencing. As other search firms may have had this same problem, I was hoping you might provide your thoughts on “Jeff On Call!” Here’s the issue:

I was referred to a sourcing organization through a friend whose opinion I value. The contract was signed, the fee paid and two resumes (off target) were received. That was the extent of my contact with this firm. Many unanswered e-mails and calls later I am beginning to think that I need a new approach. Your thoughts would be appreciated.

Again, thank you for your trusted and valued writing.

Mike”

Hi Mike,

Thanks for writing and your most gracious comments about TFL and the PTL column!  It’s so gratifying to hear that we’ve been helping to keep you ahead of the curve.  That’s our job.

The problem with the sourcing arrangement you mentioned is the same problem that exists anywhere in the placement process where compensation is tied to effort rather than results.  Successful deals vary from split fees (usually 50-50 between a candidate recruiter and a client recruiter anywhere in cyberspace) to a small incentive for lead generation by a part-time researcher.  But the common denominator is money in exchange for production.

Uncategorized

AESC Partners with MinorityMBAs.com



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MinorityMBAs.com, an online career community that serves over 5,000 MBA job seekers, has partnered with the Association of Executive Search Consultants.

As a part of the relationship, MinorityMBAs.com will offer candidate-sourcing support to AESC members searching for diverse senior managers and executives, and participate in AESC events. BlueSteps.com, the online career management service run by the AESC for senior executives, will also be promoted through MinorityMBAs.com.

Finding and presenting diverse candidates is “a priority of every search consultant and an integral part of the retained search process,” according to Peter Felix, AESC president.

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Spark & Hustle with Tory Johnson



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The Fordyce Letter recently chatted with Tory Johnson about her Spark & Hustle conference, scheduled for July 29-31 in Atlanta.

As the CEO of Women For Hire and Workplace Contributor on ABC’s Good Morning America, she has a significant following among career management professionals. She is offering Fordyce Letter readers who may need help turning their ideas into cash a discount to attend (use code FORDYCE to save $200; leave a note that you’ve registered so she can flag it for her staff and she can include you in the after-hours get-togethers).

Tell me more about the agenda and “inner circle” of experts. Also, is this designed mostly for female business owners?

While the contents of the three-day conference would apply equally to men and women, our market is primarily women. Don’t get me wrong, we love men — and they’re welcome to register to attend — but truthfully it’s largely a women’s event by default!

The core focus of the agenda is turning passion and potential into PROFIT. The current and aspiring small business owners and solopreneurs I meet are generally really good at what they do. Where they fall short is how to SELL their services. How to PROMOTE their businesses. How to EXPAND their platforms. This isn’t an event to come discover your passion. Our attendees will arrive knowing exactly what their passion is—that is their SPARK. And they’ll leave having gained the tools and tactics for turning that passion to profit—that’s the HUSTLE part! It’s all about making money right now.

Readers of The Fordyce Letter are motivated by becoming or maintaining their status as “Big Billers”; along those lines, what tactics do you teach at these events to MAKE MONEY NOW?

That’s my kind of crowd!

In no particular order, attendees will learn how to build their digital identities, how to overcome sales objections, how to write compelling copy that sells without being sleazy, how to generate media coverage that’s for profit not just for vanity, how to form complementary alliances, how to generate multiple revenue streams to enhance the core business, and so much more. All of these things can be put to work Monday morning after the event.

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The Dark Side? A Debate on Sourcing Social Networking



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How are your researchers spending their time? Do you have skilled telephone sourcers helping you find the best “hidden” passive employees?

“If America has 150 million-plus workers, rest assured the greater majority of them are not locatable on the Internet,” writes sourcer Maureen Sharib. And yes, she says she is ready to debate.

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Fordyce TV Recap: Shally and Sourcing



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Thanks so much to Shally for his informative two-part series on sourcing. In case you missed either of the episodes, you can catch part 1 here and part 2 in this video below:

Also, don’t forget to tune in next Tuesday, December 1 and watch a brand-new episode of Fordyce TV starring Jeff Kaye.

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Fordyce TV: If You Need a Sourcer, Part 2



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Last week on Fordyce TV, Shally Steckerl explained how to start a sourcing function, and in part 2 of his series, he’ll go deeper into building a team and managing a research resource.

After all, once you have hired sourcers, how you manage, motivate, and lead world-class researchers is the next challenge. In this episode, scheduled for 2pm Eastern on Tuesday, November 24, learn how best to organize your researchers to support your recruiters, performance enhancers, and inhibitors for sourcers, metrics, and more. If you’ve had or been part of a sourcing team, share your experiences and let Shally give you his expert take on how to make it work even better next time.

Check out his upcoming show on www.fordyceletter.com this Tuesday the 24th, and catch last week’s part 1 here.

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Fordyce TV: If You Need a Sourcer, Part 1



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If your organization believes it needs dedicated sourcing (recruiting research/name-generation) assets, don’t miss this invaluable live session of Fordyce TV scheduled for Tuesday, November 10, featuring Shally Steckerl.

Sourcers, also called researchers, can save big money by pipelining candidates who may never have applied through traditional avenues.

“But there is a downside — sourcing experts are difficult to find and retain,” says Shally.

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Replay of Shally’s Part 2 on Client Sourcing



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While the video portion wasn’t functioning, Shally rocked the information via audio-only until the show ended unexpectedly due to technical difficulties. Shally shared countless useful tips, websites, and more — one of today’s viewers likened him to a reference librarian, and after taking notes from this hour-long replay, you’ll understand why.

(Shally will return to Fordyce TV in November — save the date for November 10!)