7. Necessityï The Mother of Invention: The Role of E-recruitment Facilitators 1. Recruitment cycle & Streamline Administration 2. 24 X 7 days a week 3. Instantaneous 1. Build a talent bank 2. Handles high volume job applications 3. Recruitment costs 1. Vacancies across multiple sites & separate divisions 2. Reinforcing employer branding 3. Provide tailored information
9. EFFECTIVE E-RECRUITMENT STRATEGIES An activity to support Employer Branding Online Assessments & Reduces the administrative overhead Community & Professional linkages transferred in Recruitments Live Video Resume & Virtual Office Tours
10. TRAJECTORIES OF INDUSTRY CHANGE Core Activities Threatened Not Threatened Threatened Core Assets Not Threatened THE CHANGE: Core Assets â Computers ï Unchanged Core Activities â Information related Job search ï Networking, Virtual recruitments, Referrals etc
11. PORTERâS INDUSTRY DYNAMICS POTENTIAL ENTRANTS: International Players, Horizontal or Vertical Expansion BARRIER TO ENTRY: Employer-Portal Relationships, Brand Trustworthiness & Switching Cost BUYERS/USERS: Job Seekers, Professional Networkers, Employers SUPPLIERS: Employers, Consultants, Value Added Service Partners FIRM RIVALRY: Monsterindia, Naukri, in.yellojobs, etc DISADVANTAGE: Weak & Profit Based Relationships ADVANTAGE: High Switching Cost POOR SUBSTITUTES: Compromise on distance & time costs SUBSTITUTES: Offline (Physical) Consultants, Company HR Contact & Job Fairs
17. âWeb 2.0 Job Linkage Pagesâ cater to all segments in their different ways. Eg. LinkedIn focuses on Same space where âreferral portalâ operate. Orkut walkin communities focus on the same space âjob related information portalsâ operate. Job Consultant Portals cater to all the user segments Direct Job Portals Focus Referral Portal Focus Job Related Information Portals
18. REFFSTER : LIFECYCLE ANALYSIS Integrating online & offline channel members Positive Word of Mouth via Blogging & Review based Awareness building Reward Based Referral System Back office KPO Management Backed Packaged Corporate Services Reffsterâs Encashment with High Rewards
25. Reduce Recruitment costsINTERNAL PERSPECTIVE Multidisciplinary Skills with Experience A Culture of Creativity and Innovation Technology to explore, Integrate and Speed to market LEARNING PERSPECTIVE INFORMATION CAPITAL ORGANIZATION CAPITAL HUMAN CAPITAL