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

Friday 13 November 2015

RE: DITCH HISTORICAL BAGGAGE


NETWORK   OF   CURRENCY    NOTES ?

(  A Mobile App called " BLACK-MAIL "  )
-------------------------------------------------------------

While inaugurating the International Conference on " Networking the Networks " on Nov 2 , our FM Shri Jaitleyji said :

" Tax evasion and money laundering will become extremely difficult in the next 1-2 years, with the global automatic exchange of information system coming into effect on a real time basis "

To speed up this process and make it truly automatic / real time , I suggest resorting to the following technologies :


#   Internet of Things ( IoT )

     As each currency note of Rs 500 / 1000 , is getting printed , embed it with microscopic
     RFID chips

     Besides communicating with each other , these chips will also transmit their existence
     location , through internet , to cloud-based servers of Income Tax Department

     This will form a " NETWORK  OF  CURRENCY  NOTES ( NoC ) "

     You may like to call this Internet of Currency ( IoC ) , a sub-set of IoT  !



#   Internet Protocol Address System ( IP V 6.0 )

     Each Rs 500 / 1000 currency note must be assigned ( at the time of printing ) , its own
     unique Internet Address , using IP V 6.0

     This IP address should be linked with the unique Serial Number printed on each note.
     Since IP V 6.0 , will be capable of assigning   " 2 * 10 to the power of 128 ", no of  IP
     addresses , there is no danger of running out of addresses , even if we decide to extend
     this idea to Rs 100 currency notes !

    
    
This reform will enable the Central Government / Income Tax Department , to :

*    Continuously trace the movement of each of these higher denomination currency notes

*    Instantly locate any place ( using Google Map based GPS ) , where there is an
     accumulation of more than Rs 1 Crore worth of currency notes

     Such accumulation will be made to appear as a TAG CLOUD on the web site of IT Dept,
     like thousands of balloons floating on a map of India , capable of being drilled down to
     within 1 Sq Meter  !

     On each balloon , will appear a number announcing , " Amount of Cash here - Rs " !

     This will vastly simplify the task of Anti Corruption Dept / Enforcement Dept etc


But then such transparency might lead to break-down of social order / chaos

It may be a better / safer / saner solution for such balloons / tag clouds to appear , on a secret Mobile App , available only to the officers of Enforcement Department ( ED )

You may want to call this app ,  " BLACK-MAIL "  !


Of course , my suggestions may become outdated with the arrival of mobile wallets based CASHLESS SOCIETY , by 2030

In the meantime , should Shri Arun Jaitleyji and Shri Ravi Shankar Prasadji , want this implemented , it can be done in 6 months , at one tenth the cost of MoM ( Mars Orbital Mission ) , ie approx Rs 43 Crores


All they have to do , is to tell the bureaucracy :

"  Since we need not depend upon Opposition parties to pass a bill in Rajya Sabha , please go ahead and implement this - in less than 6 months "

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

hemen  parekh

04  Nov  2015




(M) 0 - 98,67,55,08,08
    

    








PRODEVSYS

( PROJECT  DEVELOPMENT  SYSTEM )












A CONCEPT NOTE

by

Hemen Parekh
Mumbai

28TH  JULY 2004

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

Marketing of Project Development Systems

A Concept Note



BACKGROUND


G O I  has opened up the economy under its liberalization-program.

This process is irreversible and will gain momentum in the coming years.

A key structural feature of this new policy, is PRIVATIZATION, in all sectors of the Economy. 

This will be particularly so in the areas of :

Infrastructure  Development

Road / Transport / Rail / Air / Telecom / Power / Ports / Airports / Cross-country pipe lines / Bridges / Tunnels / Dams / Jetty etc.


Property  Development

Townships / Mass Housing / Commercial Complexes / Sports Stadium / Convention Centres / Holiday Resorts etc.

Industrial  Structures

Process Plants / Manufacturing Plants / Industrial Estates etc.



Development of these sectors is vital to rapid growth of economy.

Central/State Govts. have no funds to spare for these projects.
 
Hence private-sector participation on a big-scale is inevitable.

Even foreign parties will be encouraged to enter these areas by forming joint-ventures with Indian Partners.

Any Industrial Group wanting to grow rapidly must exploit this opportunity. 

This must be done quickly before the field gets crowded with competition. 

Timely action is the essence.

A major part of Infrastructure/Property Development Projects consists of :

-  System Design / Engineering / Technology

-  Construction (leaving out equipment-supply)


It takes many years to build-up expertise / human assets / Plant & Machinery assets to become a major Property Development Company.

This is, therefore the single – biggest hurdle for anyone wanting to be a key player in this sector.

It is, therefore, in the light of the foregoing observations that I have developed a concept called,


P R O D E V S Y S

                                                            Project Development System



CONCEPT

PRODEVSYS  is a concept under which a company interested to make rapid strides in Project  Development shall develop an EXPERT SYSTEM.


This system shall, broadly cover following modules :


TECHNOLOGY

FINANCE

MARKETING

PROJECT IDENTIFICATION / EXECUTION

LEGAL MATTERS

LAND ACQUISITION

CENTRAL GOVT. / STATE GOVT. LIASON
-------------------------------------------------------------------------------------------------

                                    PRODEVSYS


PROJECT MANAGEMENT
EXPERTISE SYSTEM
                   
 
MARKETING
EXPERTISE
SYSTEM
BRAND –
SELLING

TECHNOLOGY
ASSIMILA –
TION
EXPERTISE
SYSTEM


FINANCING
EXPERTISE
SYSTEM







Each of the above-mentioned departments ( of the company ) will comprise of a few EXPERTS ( and a few supporting staff ).

The idea is to have a ( manpower-wise ) lean organization heavily dependent on computerized, networked EXPERT – SYSTEMS and a very efficient telecom system.



The central idea behind an EXPERT – SYSTEM  based  organization is that the organization itself shall NOT :

-   Engage in actual construction

-   Develop System-Designs or Construction-Methods on its own

    ( i.e. Technology  - Development )- although it will have a huge
    computerised library of such systems / methods

-   Engage in Architectural Design or Structural Designs

-   Own / operate assets such as Construction – Machinery


The organization, shall enter into “project-wise”  technical collaborations or joint –ventures with overseas ( or even Indian ) companies to execute the Projects.

These companies will be selected on the basis of their perceived “expertise” in that particular field of construction.
 
These tie ups will be aimed at “tapping”  from abroad ( or from within the country ) the most appropriate “Technologies” needed for the execution of a given project.


The main MODUS OPERAND of this Organization will be :


            OUT  -  SOURCING / SUB  -  CONTRACTING








THE THEME


The THEME will be :

Do NOT duplicate within the organisation, the Skills and the Expertise and the Experience which other organisations have already built-up over years.


Let us HIRE these Skills / Expertise  / Experience in the execution of our projects.


The only skills that we shall develop " In-house ", are the skills to :


Identify the best vendor / supplier of such skills

Frame the “ Scope of work ” sand “ Terms of Reference
     to  enable such outside expert-organisations to submit their

         detailed offers


Study / analyse / interpret the offers

Negotiate the “Contracts / Commercial Terms "

Monitor the performance of the contractors and motivate
them to excel



And such “ Out – Sourcing” shall not be confined only to the
actual  “construction” but shall encompass :


“  Financing ” contracts

“  Marketing ” contracts

System Design ” contracts

Detailed Engineering ” contracts

Procurement ” contracts

Architectural / Structural / Monitoring ” contracts
   
      ( i.e. Project Management  Contracts )


     -   “ Operating ” contracts

          ( to manage the property after Commissioning )







The EXPERT Organisation will , by itself, NOT undertake / manage
any activities .


By definition, it will only,


Manage the “ Managers ” of various activities.


It will actually Orchestrate / Coordinate / Synthesize /
Blend / Amalgamate the efforts of a large number of

SPECIALIST  COMPANIES ,

each of which is  “ Expert ” at some specific aspect of the
Project.

So the CORE – COMPETENCE of our company will be to

 “ Manage ” a number of such Expert Companies

 – and through them,

their respective professional technologies – be these expertise at ,

  Raising “ Finances ”

“ Marketing ” the concept of the project

“ Designing ”

" Constructing ”  etc.

It is only such an  approach that can catapult a company in
the BIG – LEAGUE within a short – span of time and with
minimum of resources.





















RESOURCES

Manpower

I have earlier said that there will be only 6/8 departments .

And may be 60/80 persons altogether ( half of whom will be
Experts in some or other field )


Space

To begin with an office – space of 10,000 sq - ft should  suffice
to kick-off the operations


Equipment

These will be largely office- automation equipment such as

 Computer Systems
 Telecom  Systems / Modems
 Audio / Video equipment
 Photocopying equipment  
 Software packages.
 Library ( Books / CDs )
          

Finance

Here again the idea would be to deploy a bare minimum of
“own” funds.

Fund shall be raised from “ Investors ” as

*   Down Payment

*  Progress Payments


as each project advances.

.



      FUNDS


The funds shall be raised by giving-out “ Franchises “, for operating of :



Convention Centres

Theatres / Cable TV Services

Amusement Parks

Exhibition Halls

Restaurants / Hotels

Transport Systems ( for township )

Educational Institutes

Telecom Services

Shopping Centres

Banking Premises

etc.

It is envisaged that the “ Investors ” and the “ Franchises
shall be two separate sets of people.


For certain projects, it should be possible to float widely
held, public – limited companies and raise funds from


NRIs

Overseas Mutual Funds

Public at large





ORGANISATION

         

PRODEVSYS EXPERT COMPANY


FUNDS

FRANCHISES

     EXTERNAL EXPERT SERVICE – SUPPLIERS

                                       
           NRI

SYSTEM DESIGN

MUTUAL FUND

ENGINEERING

PUBLIC DEPOSIT

CONSTRUCTION

PROJECT MANAGEMENT

PUBLIC EQUITY

                             

 

ADVANCE
FROM INVESTORS


OPERATING
RUNNING THE PROJECT





The PRODEVSYS Company shall primarily focus on the DEVELOPMENTAL aspect.

As far as “Execution” aspect is concerned, the emphasis shall be on the   Management of Execution , rather than the execution itself.


Over a period of time, PRODEVSYS must come to be recognized
 as a BRAND which is synonymous with property-development projects.


It will undertake such projects, not only on its own but also on behalf of others, who do not have the necessary expertise to get into this business.


For such individuals or Corporate, PRODEVSYS will provide a TOTAL TURNKEY solution.


In fact, a time shall and come when PRODEVSYS can been seen as


A Solution in Search of a Problem


Over the last 3 years we have seen that hundreds of companies have gone to public and raised thousands of crore of rupees from the market.

Almost anybody has been able to raise funds in the market. So apparently there is no dearth of funds.

But whereas any number of companies have been able to raise funds, very few have been able to put-up their projects in time, largely due to lack of expertise in


“ Project Planning & Project Management ”


This is where the USP of PRODEVSYS comes in, viz :


PROJECT PLANNING  /  PROJECT MANAGEMENT


But it is NOT just another Project – Consultancy or a Project Design Organization , undertaking such assignments on behalf of “Clients” and earning a meager fee , employing hundreds of engineers.












    COMPARATIVE     SCENARIOS


Project Consultancy   Vs   Project Development
------------------------------------------------------------------------------------------------

The following tabulation will clearly bring-out the differences :


PARAMATER
A TYPICAL
ENGINEERING
CONSULTANCY CO. WORKING FOR OTHERS
PRODEVSYS
( DEVELOPING

  IT'S OWN     PROPERTY)
1
Conceptualising

X

2
Project Identification

X

3
All Permissions

X

4
Land Acquisition

X

5
Funding

X

6
Technology / Engineering

To be sub –
contracted
7
Construction
Sometimes own
Mostly given out

8
Marketing
Tender based
Aggressive, Concept-based Brand Selling
9
Planning / Mobilising

YES
X
10
Procurement
Rarely-mostly
done by client
To be sub -
contracted
11
Project Execution
Own team
To be sub –
contracted
12
Implementation / Commi –
ssioning
By self
To be sub –
contracted
13
Operating
X
To be sub –
contracted
14
Franchising

Not Applicable

15
Equity base

Small
       Small


16


Asset base




Small


        Small
17
Manpower

Large
Small
18
Equipment

Nil
Nil
19
Working Capital

Nil
Large
20
Profit Margin

Low
High




From: Hemen Parekh [mailto:hcp@recruitguru.com]
Sent: Friday, November 06, 2015 12:21 PM
To: Hemen Parekh; 'shaktikanta.das@nic.in'; 'narendramodi1234@gmail.com'
Cc: 'Hasmukh Adhia'; 'ajaitley@del5.vsnl.net.in'; 'jayant.sinha19@sansad.nic.in'; 'piyush.goyal@gov.in'; 'nitin.gadkari@nic.in'; 'spprabhu1@rediffmail.com'; 'kalraj@kalrajmishra.com'; 'bandaru@sansad.nic.in'; 'amitabh.kant@nic.in'; 'smritizirani@nic.in'; 'nsitharaman@nic.in'
Subject: DITCH HISTORICAL BAGGAGE

REDEFINING     MANUFACTURING  ?


Central Government is in the process of re-writing Labour Laws

As a part of this process , Govt wants to re-define " Manufacturing "

Eg:

Under the revised Factory Law , manufacturing is sought to be re-defined as :

"  Any process or activity resulting in any alteration of original character , such as nature, state, shape, size, usefulness, and/or making value addition to the original material acted upon when subjected to the process or activity "

This new definition seeks to keep " packaging " out of the purview of manufacturing !

This seems strange

Barring few very large " products " ( such as Boilers / Reactors / Pressure Vessels ) , every other product has packaging as its final operation , before leaving a factory gate


Then there are " factories " which do nothing more than " package " a product , such as :

*    Bottled mineral Water / Soft drinks / Milk / Oils etc ( liquids of all kinds )

*   Re-packing of Bulk Chemicals / Powders in sachets  ( solids of all kinds )

*   Packing of LPG gas / Oxygen / Industrial Gases in cylinders ( gases of all kinds )

*   Filling of capsules / ampoules ,  with drugs

*   Packing of Vegetables in plastic  shrink-wraps


I am sure , readers will find many similar items , where " packaging " is the ONLY process


Then here is a glimpse of the " Factories of Future " :


*   " Production " of Vegetables in climate-controlled buildings ( existing in Japan )

*   3D printed " Products " in thousands of " homes " ( designs downloaded from internet )

*   Warehouses ( Fulfillment Centers ) of Flipcart / SnapDeal / Amazon etc ( only deliveries )


*   3D printed , " Mass-production "  of buildings on open plots of lands ( WinSun of China )

*   Wind Farms / Solar Power Farms / Geo-thermal power stations


And what about factories which are entirely operated by robots ?  No humans at all  !

Such factories already exist

And factories where there is no " original material " having some " original character " ?

Can someone come up with an example ?


So , what should we do ?

#    Do not anchor  " Factory Act " around " Manufacturing Processes " ; however if you
      must , then retain " packaging " as legitimate manufacturing process in Factories Bill -
      2014

#   Re-name this Act as " Human  Enterprise  Act " , and make it applicable to any
     organization employing 100 or more persons , at a single location , irrespective of the ,

     *     " Original Material " having any " Original Character "

     *      Any " Alteration / Value Addition " taking place

     *      Subjecting the material to any process ( physical or mental )
         
 #    Do not wait for 64 years to amend the Human Enterprise  Act


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

hemen  parekh

06  Nov  2015

   



NETWORK   OF   CURRENCY    NOTES ?

While inaugurating the International Conference on " Networking the Networks " on Nov 2 , our FM Shri Jaitleyji said :

" Tax evasion and money laundering will become extremely difficult in the next 1-2 years, with the global automatic exchange of information system coming into effect on a real time basis "

To speed up this process and make it truly automatic / real time , I suggest resorting to the following technologies :


#   Internet of Things ( IoT )


     As each currency note of Rs 500 / 1000 , is getting printed , embed it with microscopic
     RFID chips

     Besides communicating with each other , these chips will also transmit their existence
     location , through internet , to cloud-based servers of Income Tax Department

     This will form a " NETWORK  OF  CURRENCY  NOTES ( NoC ) "

     You may like to call this Internet of Currency ( IoC ) , a sub-set of IoT  !



#   Internet Protocol Address System ( IP V 6.0 )

     Each Rs 500 / 1000 currency note must be assigned ( at the time of printing ) , its own
     unique Internet Address , using IP V 6.0

     This IP address should be linked with the unique Serial Number printed on each note.

     Since IP V 6.0 , will be capable of assigning   " 2 * 10 to the power of 128 ", no of  IP
     addresses , there is no danger of running out of addresses , even if we decide to extend
     this idea to Rs 100 currency notes !

    
    
This reform will enable the Central Government / Income Tax Department , to :

*    Continuously trace the movement of each of these higher denomination currency notes

*    Instantly locate any place ( using Google Map based GPS ) , where there is an
     accumulation of more than Rs 1 Crore worth of currency notes

     Such accumulation will be made to appear as a TAG CLOUD on the web site of IT Dept,
     like thousands of balloons floating on a map of India , capable of being drilled down to
     within 1 Sq Meter  !

     On each balloon , will appear a number announcing , " Amount of Cash here - Rs " !

     This will vastly simplify the task of Anti Corruption Dept / Enforcement Dept etc


Of course , my suggestions may become outdated with the arrival of mobile wallets based CASHLESS SOCIETY , by 2030

In the meantime , experts may want to opine whether my suggestions make sense , theoretically and practically ( if so , by when ? ) to tackle the menace of black money generation

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

hemen  parekh

04  Nov  2015

    

    




DIGITAL   INDIA  ?

To take our GDP growth-rate above 10 % , it is absolutely necessary to empower each and every citizen digitally

This can only happen when all of them get internet-connected

To enable such connectivity , following conditions must be met :


SMART PHONES :

All citizens must have G4 / Wi-Fi capable / GPS - NFC enabled mobile phones
This is something competition among manufacturers will take care



BROAD-BAND  :

Entire country ( every nook and corner ) gets connected with , either land-based fiber optic broadband or wireless broadband , with minimum speed of 100 mbps ( as in S. Korea )

For this , the Central Govt must persuade Google ( Loons ) / Microsoft ( White space ) / Amazon ( low orbit satellites ) and other MSPs



E MAIL  ID :

Every citizen must be, allotted / assigned , a FREE Email Id , based on his / her Aadhar Number ( xyz@digitalindia.com ? )

This must be done by the Central Government



ONLINE  CITIZEN  DATABASE :

E-Mail Ids / Mobile Numbers / Postal Addresses of all the citizens should be easily accessible / searchable in an Online Citizen Database ( remember those printed Phone No Directories of MTNL / BSNL , of 30 years ago ? )

Any citizen can EDIT his own database by login from his Mobile phone only

And why not a similar ONLINE / freely SEARCHABLE database of :

#    3+ Lakh Companies in Organized Sector

#    30 + Million MSME Companies

And why not enable anyone to be able to send E Mail Messages to any of these Companies from the web site of Department of Company Affairs or of Registrar of Companies or of web site of Ministry of MSME ?

Just imagine the boost this small step will give to trade !




INTERNET  ADDRESS :

All electrically / electronically operated devices / gadgets / appliances etc , must be assigned IP V 6.0 address , before being sold

Beginning may be made with screens of all types ( Mobile / Tablets / PC / TV / Bank Locker Cover , etc )

And , above all , the UNIQUE SERIAL NUMBER on each currency note of Rs 500 and Rs 1,000 , will also become it's IP V 6.0 address

Let IoT ( Internet of Things ) begin with these currency notes

Mr Vishal Sikka would be glad to help out !



TRACKING   MONEY   FLOW  :

All currency notes of Rs 500 / 1000 , to have built-in RFID chips

Accumulation of a large number of RFID chips in any single location ( including private safe deposit lockers / wall cavities etc ) , to show up as a TAG CLOUD , on web site of Income Tax Department / Google Maps etc

Implication of this " Reform " is enormous

Currently , some 97 % of payments in India are made in cash

This reform alone will ensure that , within one year , ALL payments are made through Cheques / official banking channels / mobile wallets !

Who wants a BIG tag-cloud on his bank locker ?


Now couple this with other following reforms :

*  Abolish Personal Income Tax (Revenue loss = Rs 2.45 lakh*crores )

*  Introduce Bank Transaction Tax - BTT ( Income = Rs 15 lakh*crore )

GST revenue due to those 97 % official payments  (Additional Rs 50 lakh*crore ? )

*  Other reforms suggested by at..www...hemenparekh...in>Blog such as

  #    Conducting ALL elections , using  : VotesApp : mobile app

  #    Delivery of Govt services , using : I SIN><U SIN : mobile app

  #    Eliminate Black Money ( Create Wealth to Create Jobs )

  #    Generate Clean Energy ( From Greed to Great ? )

  #    Health Care  ( 3D-Digital Delivery of Drugs )

  #    Paperless Society  ( Digital Locker )

  #    Govt Budgets ( Budgeting by Objectives  )

  #    Increase Domestic Saving-rate ( Jan Dhan Sarjan Yojana )


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

hemen  parekh / 0 - 98,67,55,08,08

Mumbai


02  Nov  2015



From: Hemen Parekh [mailto:hcp@recruitguru.com]
Sent: Tuesday, October 27, 2015 12:40 PM
To: Hemen Parekh; 'shaktikanta.das@nic.in'; 'narendramodi1234@gmail.com'
Cc: 'Hasmukh Adhia'; 'ajaitley@del5.vsnl.net.in'; 'jayant.sinha19@sansad.nic.in'; 'piyush.goyal@gov.in'; 'nitin.gadkari@nic.in'; 'spprabhu1@rediffmail.com'; 'kalraj@kalrajmishra.com'; 'bandaru@sansad.nic.in'; 'amitabh.kant@nic.in'; 'smritizirani@nic.in'; 'nsitharaman@nic.in'
Subject: ALTERNATIVE TO EMPLOYMENT SURVEYS

A faster / cheaper / accurate ,  alternative to

ANNUAL   EMPLOYMENT   SURVEY  ?
---------------------------------------------------------------

 A Proposal submitted to

  *  Shri TCA Anant ,
      Chief Statistician ,
      Ministry of Statistics and Programme Implementation ,
      Government of India ,
     
------------------------------------------------------------------------------------

Suggested By :

hemen  parekh
mumbai / (M) 0 - 98,67,55,08,08
27  Oct  2015
-------------------------------------------------------------------------------------


I have a database of over 5 million job advts , downloaded over the past 6 / 7 years from various job portals of India

Each job advt database consists of :

Advt ID

Designation ( being advertised )

Company Name ( Advertiser )

Job Description

Desired Profile

Compensation Offered

Experience ( desired ) – Years

Industry Type

Education Quali ( Min )

Location ( Posting City )

Keywords

Advt Posting  Date

Expiry Date


Some years back , ( when our website , www.World-Wide-Jobs.com , was up and running ) , we had developed a feature to analyze this database and display the findings visually , in different ways

We were displaying PIE-CHARTS of :

Industry-wise Jobs

City-wise Jobs


You will observe that , with a much larger database available now , it is possible to analyze / display the “ No of Jobs “ , in many more ways

Not only that , it should be possible to analyze this huge database to predict the future expected PATTERN of the occurrence of jobs , in many different ways !


At any given time , the number of jobs getting advertised , is an important Economic Indicator

If economy is booming and company Order Books are getting fatter , then more jobs will get advertized – and vice-versa

Hence , a time-series analysis of the no of new jobs getting posted on job portals , has a  straight line relationship with the state of the economy ( a high co-efficient of correlation )

Apart from that , can a Data mining of 5 million jobs , answer ( even partially ) , the following questions ?

Who ( which Companies ) are advertizing and when ?

What jobs / vacancies / positions are being advertized ?

What is the frequency with which a particular job gets advertized ? By entire industry ? By a given Company ?

Which regions / cities have max / min no of new jobs ?

What are regional disparities due to ?

Which Industries are advertising most – creating most jobs ?

What Edu Qualifications are in max demand ?

What kind of jobs demand what kind of Edu Qualifications ?

What is the level of co-relation between , Position and the years of Experience demanded ?

For identical positions being advertized , how much do “ Job Descriptions / Desired Profiles “ differ, from company to company ?

Are there significant differences in the “ No of years of Experience “ being demanded , for identical positions ?

What is the probability of finding the “ Keywords “ in “ Job Description / Desired Profile “ ?

What is the extent of duplication ( redundancy ? ) between , “ Job Description “ and “ Desired Profile “ ?

What percentage of Advts fail to make any mention of , Compensation Offered ?

When a company posts an advt for same / identical position , at different points of time , are there any differences in values ( fields ) ?

From an analysis of all the advts posted by a given Company ( over past 7 years ) , can any conclusion be reached as to the changing nature of that company’s business (by co-relating the “ Skills related Keywords “)?

Can the algorithm predict what job a company will advertize next – and when ?

Is there any correlation between , “ Designation / Position “ and the “ Keywords “ ?

From analyzing this huge data , can software auto-generate , a complete / editable job advt , as soon as a Recruiter simply types the “ Designation / Position “ ?

I believe , so far , no one has undertaken such a Data mining project

If carried out diligently , I am sure , the outcome would be of immense benefit to :

HR Managers
      for Manpower Planning / Compensation Planning

Recruiting Managers
      for framing Man Specifications / Job Description Manuals

Educationists
      for deciding what Edu Quali are in demand and tailor the Courses

Students
      to figure out what “ Skills “ are in demand by Industry and prepare

Planning Commission ( NITI Aayog )
      for allocating Resources to States / Regions , based on imbalances

 HRD Ministry
       For long term Macro-Planning in respect of Education

National Skills Development Commission
      for chalking out Skills Development Programs in collaboration with Companies / Industries

If undertaken – and executed seriously – then this Data mining project has the potential to place

Ministry of Statistics and Programme Implementation ,

 on the Centre-Stage of National Education Planning Scenario


What can / will such a project yield ?


Without exaggerating , it would be safe to assume that , this vast database of job advts would contain :

50 million phrases / sentences

500 million words

Obviously , each word / phrase / sentence , is nothing more than a

Database of Intentions “ of the Employer Companies

( to borrow from John Battelle’s well-researched book about Google )


Our goal shall be to make this ( Data mining Algorithm ) a dynamic / continuous “ Process “ , so that , we can measure the changing nature of these “ Intentions “ , over a long , long period


And we must enable a “ Researching Visitor ( of web site ) “, to benefit from these trends / patterns


Even though 5 million job advts may contain 500 million “ words “ , these are not Unique

 

Most of these are used again and again , hundreds or thousands of times

 

Thru data mining , it is not difficult to compute their “ Frequency of Usage “

 

And then , these frequencies can be graphically plotted against any particular time-period

 

Such Graphical Representations can be further broken up by ,

 

City Names

 

Company Names

 

Industry Names

 

Function Names

 

Designations ( Vacancy Names ).. etc

 

And such graphical analysis can be done , not only for “ Keywords “ but even for “ Key Phrases “ and “ Sentences “ !



Take a look at this project paper ( NOT ENCLOSED )


It is all about data mining of some 150 million records ( location points ) and about uncovering “ trends / patterns “ of physical movements of 300 human volunteers , over a “  period of time  “

I quote from article in Times of India ( 19 July 2013 ) :


“ ..the first system of its kind to predict long term human mobility in a unified way , parse the data. " Far Out " does not need to be told exactly what to look for  --- it automatically discovered regularities in the data “


“ Do you know precisely where you’ll be 285 days from now at 2 pm ?



Researchers have developed a new tracking software that can tell you exactly where you will be on a precise time and date , years into the future “



What we want to do with 5 million job advts database , is quite similar, viz ;

 predict ,

 WHO     ( which Company / Industry ) , will advertize

 WHAT   ( vacancies / positions / designations ),  and

 WHEN   ( time )



I am talking about developing an “ Expert System “ , thru discovery of specific “ Co-relations “ amongst various Data Fields of 5 million job advts

Eg :
Ø  What is the Co-relation between , any given

Ø  Designation / Vacancy-Name / Advertized Position ,

 and

Ø   Educational Qualifications  ?

Here are some examples :

Ø  Any designation  such as “ Production Manager “ would call for an “ Engineering Degree / Diploma “ ( but never a CS / CA )

Ø  Any designation in “ Finance Function “ will require,
B Com
M Com
CA    etc
       But never a BE(M ) / BE (Chem )

Ø  Any designation at Manager level will call for a minimum experience of 5 years ( but never a Fresh Graduate with NIL experience )

Ø  MBA / BBA / MMS etc are the most preferred Edu Qualifications for positions in Marketing


Ø  No vacancy in an Automobile Manufacturing Company , will call for a degree in Pharmaceutical

Ø  No Electrical Machinery Manufacturing company will ever demand a Medical Degree (MBBS )

To a human mind , these ( rules ) are so obvious !

But , no human mind can write-down ALL of such RULES , in 2 minutes ! – something that your Data mining Software can – and will – do in 5 seconds !

All that you need , after computing “ Frequencies of Occurrences “ , is to :
Ø  Plot the Co-efficients of Co-relations between various Fields ( of job advts )

Ø  Compute Probabilities for each and create hundreds of Probability Tables

And , since a thousand new job advts are getting added to our Job Advt Database , daily , the SAMPLE SIZE is perpetually increasing – thereby , increasing the Accuracies of your Predictions !

Having done this , imagine the following scenario :

Recruitment Officer of Wipro , comes to our “ Post Job “ page and , in the field for “ Designation “ simply types ,
“ Business Analyst “

And Presto !

The entire Job Advt Form gets auto-filled , with MOST PROBABLE values !

Would not that amaze her ?

All that our software has done is analyzed job advts of all “ Software Companies “ ( an Industry ),– and of WIPRO – for the position of Business Analyst and filled in the most probable values

This is no rocket science !

We had actually , partially attempted it – albeit in a crude way – in our earlier web site ,


What surprises me is , how come no one has attempted this so far !

Especially , Naukri / TimesJobs / MonsterIndia , who have accumulated millions of job advts !

Anyway , the fact that they have , so far , ignored this  Line of Examination , will work to the advantage of

Ministry of Statistics and Programme Implementation

 – making YOU the very first person in the entire world to come up with a

>   PREDICTION MODEL in the area of JOBS
            

However , without applying some simple data mining tool , it would not be possible to answer the following questions :

Where is the greatest decline of jobs being advertized ?

How much is the percentage decline ?

In which Industry ?

In which Company ?

In which City ?

In which Region ?

In which Skills ?

For which Positions ?

For which Education Levels ? ………… etc

With a data mining tool , such individual graphs could emerge ( within fraction of a second ) at the click of a button !

One could even co-relate these graphs with other ,
 publicly available statistical data such as :

IIP   ( Index of Industrial Production )

Stock Market Index

Currency Exchange Rate ( eg; declining Rupee )

Decline in GDP / Increasing Fiscal Deficit

CAD ( Current Account Deficit )

Foreign Investments

Primary Bank Rates of RBI…………………………….etc


With proper co-relations , one could even predict how much the job market will further shrink , over the next 6 months ! or grow ?

Such” Predictive Model of Job Market “, would be of immense interest to , not only the economists but also to the
 HRD Ministry /
 Planning Commission /
 Educational Institutions and of course the
students themselves




No comments:

Post a Comment