Unit 3-3: Understanding Relationship Management in Recruiting Flashcards
What is networking?
1.1 The nature, purpose and benefits of networking.
- Socio economic activity;
- To recognise, develop and act upon business opportunities;
- Create a database of useful business contacts and groups;
- Information is gathered and relationships built;
- Physical or virtual.
What benefits are gained from networking?
1.1 The nature, purpose and benefits of networking.
- Connect with candidates, clients and competition.
- Develop deeper relationships with existing contacts;
- New relationships with potential clients;
- Create low cost marketing opportunities.
- Develop knowledge, market awareness and business accumen.
What is ‘joined-up’ networking?
1.1 The nature, purpose and benefits of networking.
- The uses of face-to-face and online networks in combination with one another.
Provide some advantages of physical networking in recruitment:
1.2 The adv and disadv of different types of netwroking in recruitment
- Develop greater rapport in the physical;
- Regular attendees;
- Ususally free;
- Meet local professionals.
Provide some disadvantages of physical networking in recruitment:
1.2 The adv and disadv of different types of netwroking in recruitment
- Take time out of the working day;
- May have to travel;
- Limited outreach;
- Difficult to measure success.
Provide some advantages of virtual networking in recruitment:
1.2 The adv and disadv of different types of netwroking in recruitment
- Do not have to travel;
- Can be conducted at a chosen time;
- Huge outreach;
- Easier to measure conversions.
Provide some disadvantages of virtual networking in recruitment:
1.2 The adv and disadv of different types of netwroking in recruitment
- Can be easily distracted;
- Needs to be regularly updated;
- Can easily open yourself up to wide-spread criticism;
- Use needs to be consistent and frequent.
Provide some advantages of promotional networking in recruitment:
1.2 The adv and disadv of different types of netwroking in recruitment
- Promotes logo and brand;
- Demonstrates community support;
- Positive PR and brand awareness.
Provide some disadvantages of promotional networking in recruitment:
1.2 The adv and disadv of different types of netwroking in recruitment
- Can be expensive;
- May not have a direct or instant impact on the business;
- Difficult to measure success;
- Can be time-consuming.
Name the four P’s of networking:
1.3 How to make the most of networking activities for recruitment purposes
- Plan;
- Profession;
- Promote;
- Precise.
Give some actions from ‘planning’ within the four P’s of networking:
1.3 How to make the most of networking activities for recruitment purposes
- Set clear, specific goals;
- Use marketing collateral;
- Research potential clients;
- Be consistent.
Give some actions for being ‘professional’ within the four P’s of networking:
1.3 How to make the most of networking activities for recruitment purposes
- Consider appropriate language;
- Be polite and welcoming;
- Conduct yourself professionally.
Give some actions for being ‘precise’ within the four P’s of networking:
1.3 How to make the most of networking activities for recruitment purposes
- Make time;
- Be consistent;
- Use ‘joined-up’ netwroking methods;
- Follow up on promised actions.
Give some actions for being ‘promote’ within the four P’s of networking:
1.3 How to make the most of networking activities for recruitment purposes
- Demonstrate expert knowledge;
- Promote both professional and personal brands;
- Become involved in more than one group;
- Be consistent but not overbearing.
What is a personal brand?
1.4 Considerations in creating a personal brand
Individuals differentiating themselves by identifying and communicating their unique value proposition.
What are the benefits of creating a personal brand?
1.4 Considerations in creating a personal brand
- Enhance recognition, reputation and credibility as an expert in the field;
- Creates a strong, consistent and specific association between an idividual and the perceived value that they offer.
What are the four elements of a personal brand?
1.4 Considerations in creating a personal brand
- Value proposition: what do you stand for;
- Differentiation: what makes you stand out;
- Marketability: what makes you compelling;
- Measurment: how do you evaluate success?
What considerations should be paid to ‘value proposition’ when creating a personal brand?
1.4 Considerations in creating a personal brand
- What do I want to be known for?
- Your values or personal mission?
- Requires self-learning.
What considerations should be paid to ‘differentiation’ when creating a personal brand?
1.4 Considerations in creating a personal brand
- How will you differentiate yourself from others;
- What makes me different?
- What are my values?
What considerations should be paid to ‘marketability’ when creating a personal brand?
1.4 Considerations in creating a personal brand
- How will you promote your brand?
- What marketing channels?
- How will I communicate the message?
What considerations should be paid to ‘measurement’ when creating a personal brand?
1.4 Considerations in creating a personal brand
- How will you evaluate success?
- Qualitative and quantitatively;
- Google analytics; Meta Business Suite;
- Testimonials and recommendations.
Describe some attributes of a consulatative relationship:
2.1 Define the nature and benefits of a consulatative relationships and the notion of added value
- Seller partners with the buyer to offer expert advice, information or help.
- High brand differentiator;
- Beyond selling features and benefits;
- Requires knowledge, patience, dedication, trust and credibility.
Describe some benefits of a consulatative relationship:
2.1 Define the nature and benefits of a consulatative relationships and the notion of added value
- Creates deep relationships over time resulting in repeat business and referrals;
- Saves the client time, money and effort;
- Adds value to both parties;
- Reduced costs;
- Increased productivity.