Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do. There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Now as I approach my 90th birthday ( 27 June 2023 ) , I invite you to visit my Digital Avatar ( www.hemenparekh.ai ) – and continue chatting with me , even when I am no more here physically

Monday, 5 April 2021

DIGITAL DARWINISM - EVAN I SCHWARTZ

 


====================================================================================

When I read any book, I scribble my comments / notes in the margins


These reflect my views / opinions about what the author is saying – including my disagreement

Often, my comments are in the nature of telling myself :

Hey ! We should try out this idea in our own business ( Head-hunting / Online Recruitment )

Following are my comments re :


                                                DIGITAL DARWINISM -   EVAN   I SCHWARTZ 

=====================================================================================

Page no – 17

·         Complication qualifies graphs gone rated on –the- fly on our website should be a bight.

·         From more recruitment we too, must someday move to complete HR hint service for small / medium size co. 

·         Cyril Intel grating manpower Budgeting procedures of co. with our website.

Page no 18

·         e.g.;

·         “Auto job-search” for non-members in their personal data.

·         Www. Dukakis com.

Page no 21

·         To figure out these “Issues” we will need to have many us “brain- storming “sessions with groups of HR mgrs.

Page no 22

·         Cyril we must target to send out our Resume Database C.D. by Dec.99

Page no 23

·         Our focus must be HR mgrs.. Our head – hunt session count is only the page –view & not actual headhunt. 

Page no 24

·         Cyril Auto job search & Auto job hunt must employ push- technology for door-delivery to candidates &  HR Mgrs.

Page no 25

·         Shopping for an executive in person by video intertie

Page no 38

·         E.g-3p – for executive search, corporate India‘s first choice.

Page no 41

·         We do should add features & service but strictly on HR related subject’s solving, HR mgrs. Problems, his life simpler.

Page no 45

·         Shopping Baskets we do the same.

Page no 46

·         We have this in case of candates. In our case, we let the buyer (HR- mgr.) decide although our displayed candidate profiles are very poor –as of now.

·         Cyril ticker tapes captivate your attention. We must find a way to use this feature on our website.

·         BIG

·         Corporates will want to do their own hiring thru Advt! 

Page no 47

·         This happens quite often in our business too! NO appointment after interviewing dozens of candidates!

·         Cyril this is like our client authorizing us to issue an appt. letter to a candidate!!

·         Any relevance to us to us? Video- inters- viewing by client may speed-up the process but that is all!

Page no 48

·         Like a lump-sum fee.  This is our model.

Page no 49

·         This is my attitude as well!

Page no 51

·         Something similar to our min. search fee (retainer- ship)

Page no 52

·         If we were to tie-up with 10 placement agencies, could we have a 90% success-rate? Of couriers, we need to share our fees with concerned associate.

·         This is like our conducting salary survey for 100% firms.

Page no 53

·         NO client would appoint an executive just because we charge a rock-bottom 8% but nearly all will switch over to us from self-advt.and job, if we offer such a price.   

Page no -54

·         There is some similarity with our business.

Page no 57

·         Our “client score- card= A worksheet for computing terms” is based (partly) on custom- costing: TO this, we need to add “rapid- response”

Page 59

·         Our score-card exactly fits this model!

·         Whereas, in our case, when a shopping basket arrives, it is our consultants. Who quotes & should negotiate till order   is clinched.

Page no 59

·         Our price range: Depending upon factors listed on earlier page, our consultants should “fluctuate” between & these extremes of 8% & 30%.

Page no 62

·         Translated, in our business, this means “professionals least in demand” kind of “non-moving”/ “slow moving” resume-inventory!

·         Market- value of executives reaches its peak at the age of 35 and then s tart declining. NO   company wants to employs 50 years old executive!  This is one more “factor” that should govern our “Terms. We should offer a low “discounted” price if we ever get an executive search request where an “age” of more than 45 years is “acceptable” to client. Name-of. The game is “BE” FLEXIBLE” but no single factor should be considered in isolation of others…!

Page no 67

·         www.ezecenet. Com. Must is doing this.

·         Cyril can a shoot compile r- mail  address of subscribers of VANL/ MTNL/ sat yam bharti BT Dish net etc.? Or download resumes? 

Page no 69

·         e.g.: 

·         One of our consultants has very few orders on hand. Low WIP (work-in-process)

·         e.g.

·         How Urgently a Client has to fill a vacancy this should be one more factor in our “score-card”.

Page no - 72

·         I suppose “affiliates” are other websites none of which are selling books. If that be the case, why can we not adopt this model & sing-up similar Partnership deal with INDIAN websites whether recruitment websites or not?

·         If we offer 15% to all Indian websites, 3p logo can be found everywhere! We have already made an offer to NACT.

Page no -73

·         Nirmit- If we become “first” to make such an offer, we too can out “exclusivity” clause to prevent our “affiliates” to tie-up with other recruitment sites,

·         I have ,some years ago prepared a note on how we should “partner-up” with all HR managers ( by offering them 10% on all resumes reverend thru them) that was long before our website was bom.now we must think-up some new way  to safeguard their  “interest”!

·         We must find a new model “of partnering with them.

Page no 74

·         Nirmit:

·         IF we decide to start an affiliate program, we should be evolving stringent criteria for selection.  

Page no 76

·         IF we succeed in partnering with timesijobsandcareers. Com, it will be a different ball-game. Both the sites will have identical 1) Resume forms 2) Headhunt.

·         Question is: once a corporate conducts a headhunt on “times” website then gets directed to our site for order execution, why should he ever go back to times site would he not come straight to our site? Would not all “repeat?” business come to us directly, by-passing “times”?

Page no -77

·         Not mere “referral “but an actual order.

Page no 78

·         We have offered 20% to NACT members + 5% to NACT itself for getting resumes! (Not really for getting resumes only if we earn by marketing their student.)

Page no 79

·         For us, these could be sites set-up by 1) other recruitment firms 2) HR & Mgmt. consultants 3) prof.Bodies such as - NIPM / IIMM/ NACT IE 4) chambers of commerce   5) management Associations.

·         6) Educational Institutions ESP. I it /Iam /Xara / Eng. Colleges / Mgm.Colleges. 

Page no 81

·         So, the question is will sat yam succeed?

·         This is similar to Naukri.com who charges for posting job-Advt vs.  Our giving this as free service. Once again our insight was right!

Page no 83

·         With TOI we are talking of mirroring our database not just graphic & texts.

Page no 87

·         Are candidates such “products” with depth & variety? IT would appear so and only HR mays are interested in them that is our target audience.

·         Is this like offering RS- 1000 /= to each executive who submits his resume on our website if we succeed in placing him & earn our professional fee? it is like a kick-back in reverse ! We don’t lose anything & have everything to gain question is: what kind of execrative would be tempted to submit his resumes for RS- 1000/=

Page no 89

·         Cyril

·         Any ideas in this regard?

Page no 90

·         Cyril can this technology is used for graphs charts table’s forms formulas articles diagrams etc.?

Page no 91

·         We need a full time senior person for Market ing just cannot be done part-time

·         This was a well thought out pyramid scheme but lacked aggressive marketing effort!

·         In early 1998, we did try? (Half- heartedly) to rope –in find year MBA students (HR speculation) to promote our floppy’s & earn RS- 10/=

Page no -94

·         Cyril

·         We should start registering when we shift to NT server.

·         We don’t want to change.

Page no 97

·         Cyril Naukri.com relies entirely on ADVT.

Page no -98

·         Nirmit – At our IIT’s / IIM S’ Students Are Not All Awed to appear for intrewev except thru placement office NOW.  IIT / IIM / are charging “interview fees” from corporates. Someday we will break this monopoly we will offer to corporates video interview facility. Temporarily videos units at both cities.

Page no 100

·         Cyril

·         If we add salary data of several hundred executives to com.com every day, our surfers will keep coming back again & again, I have already requested you to have a software transfer “salary-data from WEB-FORMS TO com.com. Daily.  

Page no 103

·         No executive would like to print on his visiting card an e-mail address that read “XYZ 2@3pjobs.com “! But printing & popularizing his e-mail address is what we want, so that he gets “looks-in .How do we solve this problem?

·         We most certainly, should bundle many more databases (on our site) re- EDU- / INDUSTRY / CORPORATS, we did delete Ind. &  corporates around beginning of the month we should perhaps  re-introduce if we can keep up- to –date .the once we deleted were 1 year old !

·         Cyril

·         When we switch over to NT server, the first thing to offer is a FREE E-MAIL Box, for re registering.

Page no 104

·         And we will “charge “them nothing more than “Registration” information about themselves. No money.

Page no 107

·         Cyril

·         By giving away “Resume Database “ CD- in exchange for nothing more than info about themselves –we want more & more HR mgrs. To conduct “head –hunt” on our site.

·         Idea is to “hook them to our site & we could think of grounding this with some other database such as of 18000 / companies which executives in other functions in other would find very useful. They are our “ultimate” customers not the HR mgrs.!  This is our goal too.

Page no 107

·         Cyril –

·         Perhaps, in terms of daily “utility” of 18000 companies-with contact  in formation like address,

·         Phone fax / chief exec etc.- is even more valuable to all by peas of executives of in all types By bundling with “Resume Database , we may succeed in creating an irascible “pakeg like wing98. 

Page no 108

·         Cyril

·         How can we exploit this concept, both on our website & on our free –CD?

·         We had done this on 3p2000.

Page no 109

·         I am preparing any no.of such worksheets relating to HR subject. See my note to Cyril on “comp Analysis” this will make all comp. surveys in India obsolete.

·         Nirmit:

·         At least for the moment our resources are limited too. We could not keep up to-date even simple databases like 3p -2000 but  once we severe and are in a position to uploaded databases on our own ( Nirav+ sajita+ chitin) then things will be better,

Page no 110

·         Monographs on which plot 2 vanes to get the third?

Page no 112

·         Cyril

·         My suggestion to send email notification’s under AUTO JOB SEARCH feature is in line with this the guy has to log-in to our & site click/click to find out what job is waiting on his personal page that would increase traffic !

Page no 13

·         Cyril

·         A corporate will agree to maintain / edit its home page (corpo.profile) on our site –if we create / upload it in the first place but I seriously doubt if an executive would do so-if it is public! But in a way, his resume-page is own private homepage. Someday we may even consider keeping job-search only to those who submit their resume. Risk? It may drastically bring down traffic 1  we may begin by “Registrar tin”

Page no 116

·         Cyril

·         My proposed “ compensation Analyses” could fall in this category we could just provide a ting “glimpse” on our website & permit  full downloading for RS-25000 /=

Page no 117

·         When  I joined  l & T  IN 1959, I was give employees no- 1606 today  there are 27000 employment in l& t

Page no 119

·         Order- tracking system which we want in our own modules.

Page no 120 

·         CMT / & JP

·         Quite similar to our case where head hunting” on our database by HR mgr. is automated by our website but all processes, after arrival of shopping basket, are quite labor intensive.

Page no 121

·         Cyril – our 24 process bar-charts should turn RED color if that process is behind schedule or has taken longer than “permitted” time for that process. MODULE 2

Page no 123

·         CMT / P J P – in our business, the 3 major components of cost are computerization (i.e. info. Gathering / storing / processing / retrieving) tale communication (i.e. - dis supinating) in of between ourselves / clients / candidness AND people (salaries in contrives) 

·         If we can get candidates & corporates to create their own database on our website, there is nothing left which we can subcontract.

Page no 130

·         In our business, the possible no, of combinations of industry function Designation Edu.qwli surely exceed 1 million. To these, skills & Knowledge, it could cross 1 billion!

Page no 134

·         Getting to be more & more like “services” companies rather than “mfg.: co  

Page no 136

·         Our job Advt, database is one such database

Page no 139

·         I suppose, we are yet to reach a “critical mass: in our business. But it will come when we can spend money to publicize our site,

·         What our com. Com. Does. These concepts are quits are quite applicable to manpower budgets of large companies,

Page no 140

·         In our case for the “candidates” & clients” we are really this.

Page no 143

·         Somewhat similar to our business we are the middleman.

·         We must hurry-up with our HR bulletin board

Page no 144

·         Cyril

·         We will not be able to handle more than 10 shopping baskets / day less module2 is in place we should reach this level of activity in 12 month. We are in this phase.

Page no 145

·         Nirmit -----

·         We have to be daily gathering spot HR mgrs. If we could show to HR mgrs., org. charts of compete would enable “them” to conduct “headhunt” rather than us doing it.

·         But this will not happen unless HR mgrs. find a new service on our site ever y month!

·         What “graphs” would HR mgrs. like? To see most certainly com.com. But also manpower cost of all competitors.

·         In our case. It is cost of our mass-mailing campaign (HR-UPDATE)

Page no 148

·         If only one day we could provide “answers” to all the problems of HR mgrs.!

·         So is recruitment! Besides info processing, our other main business “communicating” for how many hours, every day, are our consultants on telephone or email?

Page no 157

·         Our site should carry profiles (personal pages) of HR

·         Consultants who are NOT in recruitment business. BY projecting this community we get a host of professions who will talk about us to their clients. This is high quality free publicity.

Page no 157

·         Our effort to enlist NACT as an “affiliate” is only a beginning, someday must cover all colleges. & then an “associate” program to cover all websites that can bring “orders e.g. TOI

·         WE must set the “pace” in India for such programs.

Page no 160

·         In time to come our site should be able to generate many grahscharts on the fly. E.g. org.charts

Page no 167

·         Once upon a time, we thought of a row of cubicles with computers in our office for those who wish to submit their resume could be offline.

Page no 173

·         Not yet seen in India in sept.99

Page no 174

·         This is the key. Question is “chicken first or egg first? “ 

Page no 175

·         We may call this computer APPLIANCE as, simply “compliances”

·         IBM demonstrated this in July 1999.

Page no 177

·         CMT / PJP

·         This is like a video inter viewing but portable if a candidate cannot come to your office ( for interview), you carry the webcam to this office / home / hotel room, link  to your website’s  client –page & let the client log in & see the interview live ! May be conducting it!!

Page no 179

·         Our own offer for help to NIPM their next year’s ANNUAL convention is very similar to what IBM is doing for USTA.

Page no 180

·         We are after the “attention” of HR professionals around the country by- tying-up with NIPM.

·         This is what we are after NIPM can promote 3p brand amongst HR mgrs.

Page no 181

·         Once we succeed with NIPM we must repeat with other professional bodies & association.

Page no 182

·         We have yet to get our consultants to surf the net even thoroughly own site!

Page no 183

·         Module 2 thru our website is the answer.

Page no 189

·         See my 1987 report “quo Vadis”

Page no 191

·         We need a whole lot of “Affiliates”& “Associates”

Page no 192

·         We must take the lead as soon as we have managed to tip-up one each of Associate success must breed upon success!

-----------------------------------------------------------------------------------------------------------------------------

No comments:

Post a Comment