Electronic
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The interbiznet Bugler
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interbiznet presents The Bugler
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September 26, 2007
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The New Trovix
Some time ago, I visited the Trovix
offices down in the
googleplex. I was
impressed
and breathy.
What separates them from their peers
is the technology in the search engine process. The Trovix product
mines resume data more thoroughly than anything we've ever seen. It
has the capacity to intuit a skill set from a larger acronym. It
learns. It adopts the preferences of its users. It is reputed to be
able to learn nuanced differences of a company's culture. (interbiznet
archives)
(Read the complete article.)
Reveille and Hyperbole:
Nonfarm payroll employment was essentially unchanged (-4,000) in August, and the unemployment rate remained at 4.6 percent, the Bureau of Labor Statistics of
the U.S. Department of Labor reported. Over the last 3 months, total pay-
roll employment changes have averaged 44,000 per month and private sector employ-
ment changes have averaged 72,000 per month (as revised). In August, employment
in manufacturing, construction, and local government education declined, while job
growth continued in health care and food services.
Resumefit announced it has developed a comprehensive resume system to insert the hard-to-measure soft skills of candidates into electronic resumes. Resumefit has developed the Integrated Evidentiary Resume System™ (IERS™) to allow candidates to embed authentic and relevant soft skill testing information into their resumes, creating the next generation resume.
eQuest, the global leader in job posting and Internet recruitment management services, announced that it will be managing the Internet job posting services for Robert Half International, the leading provider of skilled accounting, finance and technology professionals in North America, Europe and the Asia-Pacific region.
Making It Count, a business unit of Monster Worldwide, announced it is teaming up with Bank of America for the new "Making Your Money Count" program, which helps high school juniors and seniors develop smart money management skills.
Comings and Goings:
HRsmart Inc., a leading provider of Talent Management Technology solutions, announced it has expanded its global presence with the opening of an office in Sydney, Australia.
Upcoming Events:
Competitive Solutions, Inc. (CSI), a hands-on consulting company that specializes in training and business performance, has announced its 15th Annual Business Leadership Roundtable. The benchmarking and networking event will be held at the Westin Savannah Harbor in Savannah, Georgia on November 4-7, 2007. Details and registration are available online at: http://www.competitive-solutions.net/roundtable.htm
You Should Know:
US:
Reading Material:
Nobodies: Modern American Slave Labor and the Dark Side of the New Global Economy (Hardcover)
by John Bowe
Conventional wisdom says slavery in this country was abolished 150 years ago. Yet there's evidence it still exists. John Bowe is author of a new book, "Nobodies: Modern Slave Labor and the Dark Side of the New Global Economy."
(Read an Interview)
Survey Says:
Monster released the results of a survey regarding knowledge retention. As you know, much has been written about the pending worker shortage due to Baby Boomer retirements; however, less focus has been placed on the associated threat of losing those workers' organizational knowledge.
The survey and its corresponding report, titled "Building and Securing an Organizational Brain Trust in an Age of Brain Drain," reveals that U.S. employers largely recognize they face an imminent worker shortage due to Baby Boomer retirements; however, few have a formal strategy in place to manage and retain worker knowledge. Key findings:
- Only 12 percent of human resource managers report knowledge retention as a high priority within their organizations, despite the fact that one-third estimate 20 percent or more of their current workforce will be eligible for retirement over the next several years.
- Only 23 percent of firms report having a formal method to actually identify the knowledge that needs to be protected and retained.
- 43 percent of respondents cite the ability to measure the ROI and effectiveness of a knowledge retention program as a chief stumbling block to implementing a formal strategy.
The report also provides concrete steps organizations can take to help mitigate the affects of "brain drain."
The executive summary and full report are currently available online via http://intelligence.monster.com/14455_en-US_p1.asp
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Archived Issues:
09/26/2007
09/25/2007
09/24/2007
09/20/2007
09/19/2007
09/18/2007
09/17/2007
09/06/2007
09/05/2007
09/04/2007
08/29/2007
08/27/2007
08/24/2007
08/23/2007
08/22/2007
08/21/2007
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