Grandma's Chicken Soup #17: The LinkedIn IPO Talk is Heating Up!

The buzz around the pending LinkedIn IPO is generating a lot of buzz around the human capital industry.  I love LinkedIn.  I spend quite a bit of time on LinkedIn each and every day for professional networking and business development purposes.  It is a major tool for corporate human resource professionals and staffing professionals.  The recruitment revenue generated by LinkedIn is driving its' valuation.  But, I do not think it is a panacea for finding qualified talent.

The online recruitment paradigm has shifted and an organization should not rely on just one or two sources of finding candidates.   There are a number of new and innovative ways to find quality candidates.

The way job-seekers are searching for career opportunities is changing too. They are using Google, social networking sites, and job search engines to seek out employers of choice. This is a good thing. HR professionals and recruiters MUST adapt.

Hopefully, some of these articles will help you determine what might be right for your organization or give you a better feel of what is happening out there.

Is a Public Linkedin Positioned Against Recruiting Firms? http://t.co/5DZk5kl

I seem to recall a similar discussion in 1997 when The Monster Board was gaining significant traction in the recruiting space.

Recruitment Drives LinkedIn Revenue as Company Nears IPO - ERE.net http://bit.ly/kjHcLp

WOW!  That is quite the valuation on the upper end of the price valuation.

.Jobs Manager Accused of Bad Faith Negotiating - ERE.net http://bit.ly/iM5qvs

Back and forth....back and forth. 

EB Forecast 2011 | RecruitingTrends.com http://bit.ly/marJtW

Great quotes from talent acquisition executives regarding employment branding.

Job openings rise to highest level since Sept. '08 - Boston.com http://bo.st/jRJwzK

Positive job news. Surprised to see that job openings fell in the professional and business services sector.

***The HireClix team is looking forward to hosting The Facebook Recruiting Breakfast Seminar in Cupertino, CA today. http://bit.ly/kCcUuw

Please check out the HireClix Facebook page later today for photos from the event! https://www.facebook.com/hireclix

If you agree or disagree with any of my comments, please let me know. If I missed any great articles, please send them along. Feel free to email me. You can reach me here: scott.ryan@hireclix.com

Views: 107

Comment by Jay Perreault {DCTechRecruiter} on May 16, 2011 at 2:00pm

Scott,

 

Good article... This has been a long time coming! I have watched this for some time. I believe it will be like Visa's IPO a few springs' ago. I am ready!

 

Here is another article from the local news: IPO alert: LinkedIn set to begin trading on Thursday

 

Regards,

 

Jay

Comment by Scott Ryan on May 16, 2011 at 4:54pm

Hi Jay,

 

Thanks.  It should be fun to watch.  We haven't had a great IPO in the recruiting space in quite some time.  Thanks for the link to the article as well.

 

Scott

 

 

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