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

Tuesday, 30 May 2017

RE: WE HAVE COMPANY !


Rohit ,

Thanks for clarification

One of the issues that Mitchelle mentioned during our meeting was :

How can we assure ourselves that a given candidate is a good match with the “ Corporate Culture “ of our client company ?

In most cases of Senior Positions , this is an important criteria

Question is :

What is the Corporate Culture of that company ?

I have not come across Companies which have a formal / official document on this !

So , how can we go about “ discovering “ this ?

Before that , we must define “ Corporate Culture “

To me , it is “ Collective Attitude “ of all the employees of an organization , in relation to :

·         Colleagues ( at same level )
·         Superiors ( Bosses / seniors )
·         Subordinates ( reporting or otherwise )
·         Customers
·         Suppliers
·         Competitors
·         Society at large
·         Legal Obligations as Corporate Citizen
·         Work itself…..etc

How does an employee ( current or ex ), express himself in relation to these ?

You may find an indirect answer ( as to : what is the Corporate Culture of a Company ? ) , by looking up the keyword / phrases marked in RED , at first 7 / 8 episodes listed at :


Warm Regards,

Hemen Parekh

+91 98675 50808

From: Rohit Verma [mailto:rohit.v@ipredictt.com]
Sent: 30 May 2017 12:57
To: Hemen Parekh
Cc: nirmit@3pconsultants.co.in; Mitchelle; Prashant Sharma; Manoj Pandey; akshay.s@ipredictt.com
Subject: Re: WE HAVE COMPANY !

Thanks, Hemen for the story. Agree, there is lot of industry interest in this field. However, Belong is chasing a slightly different model which encompasses that of a recruitment firm with extended search on social media particularly tapping Passive candidates. Whereas we are chasing building intelligent & deep learning algorithms for better decision making.

Regards

Rohit


From: Hemen Parekh <hcp@recruitguru.com>
Date: Tuesday, 30 May 2017 at 11:07 AM
To: <rohit.v@ipredictt.com>, <akshay.s@ipredictt.com>
Cc: <nirmit@3pconsultants.co.in>, Mitchelle <mitchelle@3pconsultants.co.in>, Prashant Sharma <prashant@3pconsultants.co.in>, Manoj Pandey <contact@3pconsultants.co.in>, <hcp@recruitguru.com>
Subject: WE HAVE COMPANY !

Rohit / Akshay :
The following news appeared in today’s Business Line
Apparently , Belong too , are working along the same line as yours
We are in good company !
-----------------------------------------------------------
Laughing at a weird profile or display pictures of people on their social media sites? Well, a creative image there could land you a plum job.

Take the case of a marketing expert who put up a visual of Spiderman hanging up his shorts on a web. His quirky humour marked him out — and caught a recruiter’s eye.

A tech-based services firm, which was not initially interested in the candidate for a high-profile job, zeroed in on him after hiring services start-up Belong provided it with a gist of his profile.

Another Twitter user once publicly flayed an e-commerce firm for a faulty payment process. What happened next was most unusual: he was asked to fix the problem, and then head the division that handles that process.

Welcome to the new age of hiring, where recruiters sift through your profile on social media and other online platforms and blogs and offer you a job — even if you haven’t applied for one!

The process is called Outbound Hiring, which Belong defines as a “personalised, candidate-focussed approach.”

To identify potential candidates, Belong gathers all the publicly available data from the Internet and prepares a snapshot of people with a variety of IT skills.

Filtering thousands of applications to select a handful of candidates, it found, was a waste of time.

“We have developed a solution where the hunt is narrowed down to a few candidates,” Vijay Sharma, Co-Founder of the Bengaluru-based Belong, told BusinessLine.

We trawl the web and harvest data that is available publicly on social media platforms, websites and blogs,” he added. The firm has so far raised $15 million in two rounds from Matrix and Sequoia.

“We don’t have plans to raise more funds at this point.

We are planning to increase the employee base from 80 to 140,” he said.
Cheaper, easier

He said top IT companies, including multinational firms, pay up to 30 per cent as fee on each candidate.
For top slots, they are supposed to look at hundreds of profiles.

Typically, this kind of recruiting happens for mid-level positions, Sharma said.

But how reliable is a person’s online persona? Can’t it be faked ?

Vijay Sharma says the chances of faking a profile are much less online than offline. “If you bluff, you are easily caught,” he points out.
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With Regards,

hemen  parekh 
( M ) +91 - 98,67,55,08,08


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