
Fitness
(August 01, 2002) - We
wish we were able to be clearer about the implications of network science. It's
a very young and rapidly evolving field. It's one of those places with better
questions than answers. It is clear, however, that rapid progress is being made
in defining the ways that network structures underlie much of the world that we
perceive each day.
It's useful to think of networks as the
structure along which atomic particles align themselves to form matter. In other
words, the network scientists are making a solid case that network structure and
the quantifiable, predictable behavior associated with it, is a way of looking
at things that is as powerful as biology, chemistry or physics. It promises to
make much of what is not understood in the social sciences intelligible and
accessible.
In yesterday's piece,
we began a discussion of one of the fundamental principles of network science:
fitness. Fitness is still being defined by the scientists. It is the quality
that secures a dominant player (or hub) as the center of a network (or
industry). Google, the current leader in the search-engine market, achieved its
astonishing rise because it is more fit than the alternatives.
We'll return to the concept of fitness several
times over the coming months. In our industry, fitness is a combination of
suitability for a specific task, the relative visibility of the player
(linkages) and traffic volume (in the niche). As is the case with all markets,
innovation and excitement play key roles in the maintenance and development of
fitness while lengthy contracts slow the migration from one competitor to
another. If a radically fit new entry joined our market, it would take several
years to displace any of the players who are dominant in their niches.
Yesterday,
we rattled off a list of industry players who had achieved market dominance in
their niches. Clearly, each of those companies needs a different kind of
fitness, based on their niche. They also need sustainable financial performance
and the ability to grow. Their grasp of the fitness variable differs from
company to company. Some are solidly dominant, some are quite tentative.
Clearly, a solid focus on Customer Service (and
the business of delighting both candidates and paying customers) is a critical
piece of the equation. Monster is light years ahead of anyone else in the
industry in any niche. Customers are the determiners of fitness.
You might remember the way that Google came to
dominate what might well have been seen as a closed market. Word of mouth
circulated wildly: Google seemed to know just what you wanted. The other players
had turned their attention to revenue at the expense of user delight. Google,
delighted users and then won the revenue.
This bodes ill for bare bones, zero development
operations. It bodes ill for anyone who has let the economic environment win at
the expense of customer-experience. It bodes ill for anyone who grows beyond
their means to support it (remember iSearch?).We have no doubt that we'll be
able to measure, quantify and predict aspects of fitness as soon as the end of
this year.
It's important to underline the fact that
fitness (and network theory in general) apply to the recruiting efforts of
individual companies and recruiters as well. In these troubling times, it's
critical to be a part of managing your company's image and credibility lest you
be tarred by stink associated with simply being a corporation these days.
Recruiting happens through networks and reputation management is a critical
component of fitness.
-John
Sumser
"Hodes iQ is an elegant product that makes great strides in the
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Discover what else the new Hodes iQ v3.0 has in store for you. You
could even win a cool online gift certificate.
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