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During the COVID-19 pandemic, LinkedIn noticed a shift in the job market. Many people were losing their jobs, but there was also a lack of movement among job seekers to other industries. This was partly due to people being focused on specific job titles and not realizing that their skills were transferable to different roles. As a response to this, LinkedIn implemented a skills-first hiring approach, where they translated people's experiences into a set of skills. This approach has gained traction with 47% of recruiters now explicitly using skills when searching for candidates. These changes indicate a rebalancing job market in which skills and broader interests are becoming more valuable.
LinkedIn's core value is centered around connecting people to economic opportunity. This focus permeates the company's culture and decision-making processes. It serves as a North Star, guiding product development and ensuring that LinkedIn remains a platform that facilitates job opportunities, professional growth, and skill development. LinkedIn constantly seeks to improve its offerings to better serve members and helps them connect with economic opportunities aligned with their values and interests.
LinkedIn's ecosystem is complex, with multiple interconnected marketplaces and various customer segments to cater to. Managing such complexity requires clear cause-and-effect thinking, considering second and third-order effects of decisions, and establishing decision-making processes that prioritize accountability and alignment. LinkedIn utilizes frameworks such as Rapid Decision and the five-day alignment rule to streamline decision-making and ensure timely and effective solutions. Additionally, talent systems that emphasize the ability to see the big picture and navigate interconnected systems play a crucial role in effectively operating within a complex ecosystem.
While LinkedIn has a reputation for optimization and growth-oriented efforts, the company also values innovation and building invisible systems that have a significant impact. Initiatives such as implementing skills-first hiring, Open to Work, and LinkedIn Learning showcase LinkedIn's commitment to creating systems that empower individuals and facilitate professional growth. These efforts may not receive as much external visibility as other features, but they have a profound impact on members' ability to connect to economic opportunities and gain valuable skills.
LinkedIn Learning is a platform that aims to help individuals learn professional skills. The platform connects seekers, who may lack certain skills, with job opportunities. The focus is on providing tailored learning experiences through high-quality instructors, well-produced content, and useful resources. LinkedIn Learning primarily serves enterprise clients, offering a variety of courses and modules. The vision behind LinkedIn Learning is to ensure that everyone has access to the skills they need to succeed in their careers.
The speaker shares their own experience in creating a course on product management for LinkedIn Learning. The motivation behind this course stemmed from the need to understand the pain points of instructors and to gain insights into internal product management practices. The course is based on the idea of product university, an internal program within LinkedIn that aimed to provide employees with the necessary skills to excel in their roles. The course covers topics such as idea validation, prioritization, and growth thinking. It also incorporates real-life case studies and highlights both successful and failed product development experiences.
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Hari Srinivasan is VP of Product at LinkedIn Talent Solutions, where he oversees LinkedIn Recruiter, LinkedIn Jobs, and LinkedIn Learning. He’s also a frequent guest lecturer at Stanford University. Previously, he served as the CEO and founder of We Created It, which was acquired by LinkedIn in 2014. Hari has a passion for building products, with experience ranging from creating the first U.S. hybrid SUV to developing a No. 1 app and writing a beloved children’s book. In today’s episode, we discuss:
• LinkedIn’s unique business model and org structure
• How to optimize your LinkedIn experience and improve your chances of getting a PM role
• How to adapt to a skills-first talent market
• The story of Hari’s failed first product review, and how he pivoted for success
• Strategies for building and maintaining complex systems
• How to get into product management
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Find the full transcript at: https://www.lennysnewsletter.com/p/linkedins-product-evolution-and-the
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Where to find Hari Srinivasan:
• LinkedIn: https://www.linkedin.com/in/hsrinivasan1/
• Website: https://www.mindofhari.com/
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Where to find Lenny:
• Newsletter: https://www.lennysnewsletter.com
• Twitter: https://twitter.com/lennysan
• LinkedIn: https://www.linkedin.com/in/lennyrachitsky/
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In this episode, we cover:
(00:00) Hari’s background
(05:04) How Twitter brought Lenny and Hari together
(06:32) LinkedIn’s positive evolution, and what they did right
(10:14) Specific changes that made LinkedIn’s feed more interesting
(11:12) Understanding the algorithm and what kinds of content perform best
(12:21) The talent solution product
(15:46) The shift to skills-first hiring, and how LinkedIn changed their approach
(20:24) The open-to-work signal, and the newly released open-to-internal-work signal
(22:13) The PM talent landscape, and tips for landing a PM role
(24:55) How to optimize your LinkedIn profile to get noticed by recruiters
(28:38) Hari’s first product review at LinkedIn
(30:38) LinkedIn’s North Star, and how to operationalize the North Star at any company
(33:24) LinkedIn’s members-first value
(35:32) Building and maintaining complex systems
(38:09) The RAPID framework and the Five-Day Alignment framework
(39:51) What LinkedIn looks for in new hires
(40:51) The latest innovations at LinkedIn
(43:16) LinkedIn Learning
(45:00) Hari’s product management course
(48:19) Advice for people hoping to get into product management
(50:40) How to level up your PM skills
(51:57) Hari’s creative side projects
(55:02) Lightning round
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Referenced:
• Tweet from TheCuriousPM: https://twitter.com/zatin_jatin/status/1658616200560254978?s=20
• The Curious PM on Twitter: https://twitter.com/zatin_jatin
• Decision-making at LinkedIn: https://engineering.linkedin.com/blog/2018/03/scaling-decision-making-across-teams-within-linkedin-engineering
• LinkedIn Learning: https://www.linkedin.com/learning
• Thinking in Systems: https://www.amazon.com/Thinking-Systems-Donella-H-Meadows/dp/1603580557
• Tomorrow, and Tomorrow, and Tomorrow: https://www.amazon.com/Tomorrow-novel-Gabrielle-Zevin/dp/0593321200
• An Immense World: How Animal Senses Reveal the Hidden Realms Around Us: https://www.amazon.com/Immense-World-Animal-Senses-Reveal/dp/0593133234
• Star Wars on Disney+: https://www.disneyplus.com/brand/star-wars
• Case 63 on Spotify: https://open.spotify.com/show/4c9ZKaFtEKweSYOlYvxfvp
• E.T. on Tubi: https://tubitv.com/movies/607451/e-t-the-extra-terrestrial
• BriteBrush: https://www.amazon.com/BriteBrush-Interactive-Smart-Toothbrush-featuring/dp/B07VLL8QH4
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Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com.
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Lenny may be an investor in the companies discussed.
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