Rohit,
After getting your results ( of “
Employability Score “ and “ Probability of Declining “ ), I wondered :
What could be the “ Correlation
Coefficient “ between these two sets of numbers ?
Could such correlation , possibly reveal
:
·
Higher
the Employability Score , higher the Probability of Declining ? or vice versa ?
My grand daughter Aneree helped to
answer this question with her attached statistical analysis . Thanks , Aneree !
But , this current analysis , may not be
conclusive , considering that our dataset was small .
Another question :
Does such analysis ( to find any hidden
pattern ) have to be confined to EACH mandate / assignment , separately or
could it be done for all 1275 mandates , together ?
I believe , we need to do this separately
for each assignment
In the first instance , what is however
much more important from 3P’s needs is to find out :
“ To what extent the software was able
to mimic the human brain , in selecting the best candidate , for a given
assignment ? “
I suggest , Prashant re-arrange the
shortlisted ( 50 ? ) candidates in the descending order of the “ Employability
Score “ – then locate where ( in which percentile ) is that BEST ( meaning ,
selected / appointed by the client ) candidate is located
If there is a HIGH DEGREE of correlation
between the “ Algorithmic Score “ and the “ Nebulous Score ( of the client ) “
, then it is a proof that iPredictt is on the right track !
Of course , if we wish to establish such
a PROOF beyond any doubt , then we need to carry out this exercise for ALL 1275
mandates and establish a Correlation between the two !
As far as extraction of “ data fields “
from the text resume and creation of a structured / searchable , database is
concerned , I find a few data missed out during the parsing process
I have a solution for improving the
accuracy of parsing , which I can discuss with you / your software guys . I can
visit your office if desired
Warm Regards,
Hemen Parekh
+91 98675 50808
From: Aneree Parekh
[mailto:aneree92@gmail.com]
Sent: 05 May 2017 09:50
To: Hemen Parekh
Subject: Re: FW: Assignment 2- Executive Director Foundation for Sustainable Agriculture
Sent: 05 May 2017 09:50
To: Hemen Parekh
Subject: Re: FW: Assignment 2- Executive Director Foundation for Sustainable Agriculture
Hi dadu,
Attached is the output of the Pearson's Correlation r.
There appears to be no sig. correlation between Employability Scores and
Probability of Decining (r = .087, n = 42, p = .585)
On Thu, May 4, 2017 at 8:53 PM, Hemen Parekh <hcp@recruitguru.com>
wrote:
Warm Regards,
Hemen Parekh
+91 98675 50808
From: Rohit Verma
[mailto:rohit.v@ipredictt.com]
Sent: 04 May 2017 18:12
To: Mitchelle
Cc: Hemen Parekh; Nirmit Parekh; Prashant Sharma
Subject: Re: Assignment 2- Executive Director Foundation for Sustainable Agriculture
Sent: 04 May 2017 18:12
To: Mitchelle
Cc: Hemen Parekh; Nirmit Parekh; Prashant Sharma
Subject: Re: Assignment 2- Executive Director Foundation for Sustainable Agriculture
Hi Mitchelle,
We have created a 3P Consultant account for you on the
platform.
Please login to enterprise.careerletics.com
UserId: mitchelle@3pconsultants.co.in
Pwd: 3p@789
Following are the advised steps to experience the
features –
1. Review the JD (You can edit or
add information - like Skill sets)
2. Review the PARSED resumes (You
can edit or add information)
3. Open the dash to see the trends
4. Download Excel sheet for quick
reference (attached)
5. Review the top listed resumes to
decide on next steps
6. Provide us feedback
We currently ran the parser
to collect Resume information and also ran various algorithms to get results for Employability score., Probability of
Decline .
Please study the accuracy and let us know patterns you
see.
Also share details of selected candidates you have
originally have for this role. The funnel should be
1. Candidates selected for interview
2. Candidates made offers
3. Candidates hired
Further, Our Data Science team will work on this to
improve results which we will discuss as we progress.
Should you have any issue or need clarity, please call
me
Regards,
Rohit
From: Mitchelle <mitchelle@3pconsultants.co.in>
Date: Wednesday, 3 May 2017 at 12:36 PM
To: <rohit.v@ipredictt.com>
Cc: Hemen Parekh <hcp@recruitguru.com>, Nirmit Parekh <nirmit@3pconsultants.co.in>, Prashant Sharma <prashant@3pconsultants.co.in>
Subject: RE: Assignment 2- Executive Director Foundation for Sustainable Agriculture
Date: Wednesday, 3 May 2017 at 12:36 PM
To: <rohit.v@ipredictt.com>
Cc: Hemen Parekh <hcp@recruitguru.com>, Nirmit Parekh <nirmit@3pconsultants.co.in>, Prashant Sharma <prashant@3pconsultants.co.in>
Subject: RE: Assignment 2- Executive Director Foundation for Sustainable Agriculture
Dear Rohit,
Many thanks for your response.
As agreed ; we shared with you two
descriptive JD’s along with evaluation criteria at our end on the basis of
which candidates were shortlisted and resumes (50 batch size/assignment).
Basis these documents shared; we
expected the iPredict software to accurately pars these resumes and derive an
accurate shortlisting with an employability score.
The objective of this exercise was to
then match the candidate shortlist derived out of the iPredict automated
algorithm along with an Employability score vis a vis the manual shortlisting
done at our end.
This would help us correlate the
effectiveness and shortlisting accuracy along with the employability score of
the algorithm vis vis manual shortlisting.
We would thus request you to share with
us the same for each of the two Assignment details shared with you.
Do also indicate a timeline for us to
receive this.
Warm Regards,
Mitchelle
+91 98675 50810
From: Rohit Verma
[mailto:rohit.v@ipredictt.com]
Sent: Wednesday, May 3, 2017 10:55 AM
To: Mitchelle <mitchelle@3pconsultants.co.in>
Cc: Hemen Parekh <hcp@recruitguru.com>; Nirmit Parekh <nirmit@3pconsultants.co.in>; Prashant Sharma <prashant@3pconsultants.co.in>; Manoj Pandey <contact@3pconsultants.co.in>; Akshay Sehgal <akshay.s@ipredictt.com>
Subject: Re: Assignment 2- Executive Director Foundation for Sustainable Agriculture
Sent: Wednesday, May 3, 2017 10:55 AM
To: Mitchelle <mitchelle@3pconsultants.co.in>
Cc: Hemen Parekh <hcp@recruitguru.com>; Nirmit Parekh <nirmit@3pconsultants.co.in>; Prashant Sharma <prashant@3pconsultants.co.in>; Manoj Pandey <contact@3pconsultants.co.in>; Akshay Sehgal <akshay.s@ipredictt.com>
Subject: Re: Assignment 2- Executive Director Foundation for Sustainable Agriculture
Thanks, all for the time and patient hearing.
Hope some of the discussion points intrigued you and I
hope we work together in the future to create value in not only recruitment
space but also in areas of descriptive
dashboards, performance, attrition analytics for companies who you have built
relationships with.
As email ID is the key resume identifier, we are
tweaking our processes to include this change. Will share the results once
done.
My responses in line
Accurate
Parsing based on which Accuracy in shortlisting at our end with minimal manual
intervention / subjectivity – Currently
available
Employability
score – Available , needs data for further
machine training.
Decline
Probability – Available , needs data for
further machine training.
How would
these algorithms assess Cultural fit – Can be
done on case to case basis by accessing the social media data (Facebook,
Twitter, Linkedin etc) – refer to the attachment. Can be done on case to case basis
What
additional trends / analytics can you predict based on the data input – This depends on the questions you have. For instance,
if you are interested in looking at next job trends, can be understood by
social media tracking.
Also we
would like to see the algorithm extrapolate and show us a comparative table
/ranking in terms of relevance of candidate profiles shared to the Data points
/ Job criteria – Will be mailed
We have
intentionally not shared the candidate contact details – as we do not want to activate the chatbot tool at this stage to
maintain confidentiality – Sure, but Chatbot only works if manually activated
for each of resumes. Its not automated.
Any accurate
inferences on ability to predict attrition levels / and when will which
position come up for hiring (replacement / new), what kind of hiring trends /
industry / function wise that are seeing traction etc.,- Probability of decline is an indicator to that
respect/
Regards
Rohit
From: Mitchelle <mitchelle@3pconsultants.co.in>
Date: Tuesday, 2 May 2017 at 4:33 PM
To: <rohit.v@ipredictt.com>
Cc: Hemen Parekh <hcp@recruitguru.com>, Nirmit Parekh <nirmit@3pconsultants.co.in>, Prashant Sharma <prashant@3pconsultants.co.in>, Manoj Pandey <contact@3pconsultants.co.in>
Subject: Assignment 2- Executive Director Foundation for Sustainable Agriculture
Date: Tuesday, 2 May 2017 at 4:33 PM
To: <rohit.v@ipredictt.com>
Cc: Hemen Parekh <hcp@recruitguru.com>, Nirmit Parekh <nirmit@3pconsultants.co.in>, Prashant Sharma <prashant@3pconsultants.co.in>, Manoj Pandey <contact@3pconsultants.co.in>
Subject: Assignment 2- Executive Director Foundation for Sustainable Agriculture
Dear Rohit,
Many thanks for the interactive session
this morning.
As agreed, enclosed please find the
documents for your reference :
Position Specification –Executive
Director for the Foundation for Sustainable Agriculture
Evaluation Criteria – Data Points
comprising Personal and Technical attributes which formed the basis of our
evaluation/elimination criteria
Candidate Profiles sourced for this
position
We would be keen to view the following
based on the data shared :
1. Accurate
Parsing based on which Accuracy in shortlisting at our end with minimal manual
intervention / subjectivity
2. Employability
score
3. Decline
Probability
4. How
would these algorithms assess Cultural fit
5. What
additional trends / analytics can you predict based on the data input
6. Also
we would like to see the algorithm extrapolate and show us a comparative table
/ranking in terms of relevance of candidate profiles shared to the Data points
/ Job criteria
7. We
have intentionally not shared the candidate contact details – as we do not want
to activate the chatbot tool at this stage to maintain confidentiality
8. Any
accurate inferences on ability to predict attrition levels / and when will
which position come up for hiring (replacement / new), what kind of hiring
trends / industry / function wise that are seeing traction etc.,
Do feel free to speak to me in case of
any additional inputs required.
Warm Regards,
Mitchelle
+91 98675 50810
No comments:
Post a Comment