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Staffing Strategies: Can You Find, Recruit, and Retain the Talent You Need?
The Bugler, Web 2.0 Edition
(November 17, 2006)
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Reveille and Hyperbole:
SumTotal Systems Inc. (SUMT.O)
said it acquired privately-held MindSolve Technologies Inc. for about $12
million in a cash and stock deal. The provider of business performance
technologies said in a statement it would pay about $5.2 million in cash and
925,000 shares of SumTotal Systems common stock.
Plateau, a leading
provider of software for developing, managing and optimizing organizational
skills and talent, today announced that SkillSoft, a top provider of content
resources and complementary technologies for integrated enterprise learning,
will make SkillSoft courses and Books24x7 content available through iContent's
portal. With the addition of SkillSoft and Books24x7, iContent now provides
customers with a single point of access and service to more than 20,000
pre-validated content assets as well as hosting and services for any
company-specific custom content.
A new service that provides jobs and other resources to
transitioning service men and women has just been unveiled by Makibie and ARS
Staffing to widespread acclaim at the 2006 American Staffing Association
Convention. The service, called the
Armed Forces Connection
(AFC), is dedicated to helping military personnel and their families make the
transition from military life to civilian life. Components of AFC include: a
national job search, housing relocation, and continuing education information.
AFC's services are free for any veteran to use, and are in high demand for all
those facing the challenges of transitioning to civilian life.
Healthcare
Republic includes dedicated sections for GPs, nurses, pharmacists and
practice staff and features daily news, clinical guidance, drug records and
education articles. Key among the website's features is the archive of articles
from Haymarket Medical's other titles - GP newspaper, Independent Nurse magazine
and eMIMS, the online edition of prescribing reference guide MIMS.
AdStar, Inc. (ADST),
a provider of e-commerce transaction software and services for the advertising
and publishing industries, today announced operating results for the third
quarter and first nine months of 2006. For the three months ended September 30,
2006, AdStar reported net revenues of $1,396,000, compared with net revenues of
$1,393,000 in the third quarter of 2005. ASP revenues increased $5,000 from
$491,000 in the third quarter in 2005 to $496,000 in the third quarter of 2006.
Licensing and software revenues increased 3% to $657,000 in the third quarter of
2006 from $640,000 in the same period in 2005. The increase in ASP and licensing
and software revenues were largely offset by a decrease of $19,000 in
customization and other revenues.
GMT Corp.,
an industry leader in enterprise workforce and cash optimization solutions,
today announced its newest solution, GMT Performance Management, that delivers
affordable, easy-to-use, and rapidly- deployed capabilities that were previously
available only to the high-end market and through complicated implementations.
Together with the GMT Planet workforce optimization solution, the new offering
completes a fully-integrated performance management and analytics system for
enterprise-wide visibility down to the individual employee level.
Deck Chairs:
CareerBuilder.com has appointed Jeffrey K.
Cordes, 48, to Managing Director of its new Human Capital Consulting Division.
Cordes will drive the strategic direction and manage operations for the new
division, which is focused on delivering sustainable, measurable results for
customers across all areas of human capital consulting with a focus on talent
acquisition....
You Should Know:
Web 2.0:
What's next
after Web 2.0?
Nick Carr is welcome to stake a claim for the trademarks on Web 3.0, but I can
cite prior art. Judging by the reaction of the blogosphere over the past 24
hours, there's not much value in the term anyway. People are feeling deflated
enough about Web 2.0 and have no appetite for yet another spin on the versioning
meme. So we can be fairly sure that the successor to Web 2.0 won't be called Web
3.0.A successor will rise out of the ruins of Web 2.0 There will be a successor,
though, because Web 2.0 has to be remade before it can deliver on its promises.
Perhaps that's at the root of the distaste for talking about Web 3.0. There's a
growing realization that Web 2.0 is flawed. Web 3.0 — or whatever we end up
calling it — will rise out of the ruins of Web 2.0. Over the past couple of
weeks, I've been thinking about the ways in which Web 2.0 will have to be
recast. This is not an exhaustive list, more of an introductory post to raise
some issues that I'll return to and expand on in future postings. (ZDNet)
What in the world is Web 2.0?Demystifying Web 2.0
Web 2.0 is not an application or an upgrade, or a new gadget. In fact, it's not
a technological innovation at all. Web 2.0 is a social innovation. It's about
people and the ways in which technology enables their Web experience. Web 2.0 is
important to associations because one of the main objectives for association
leaders is to facilitate collaboration for information sharing, problem solving,
and increased innovation. Web 2.0 offers tools that bring great minds together.
Competition for your members' time and energy is fierce. If you don't make Web
2.0 a priority, quite frankly, someone else will. And the organizations that
embrace the reality of Web 2.0 are the same ones that will happily embrace your
members in ways you won't be able to. It's not possible to overstate the impact
that Web 2.0 is already having on your association. Organizations that fail to
participate in this ever-evolving generation of technology-enabled human
interaction now, risk losing relevance in the immediate future. (Digital
Now) Web 2.0 for the Rest of Us
When the dotcom era hit, wide eyed start-ups looking for gold popped up faster
then paparazzi at a J-Lo / Jennifer Aniston bar fight. Investors scrambled to
invest in anything that smelled like HTTP. And almost every ISV in existence
invested heavily in figuring out how to re-invent themselves for the web
paradigm. There were billions of dollars to be made and lost just as quickly.
But beyond startups, ISV's and investors, the other 99% of the business world
had to figure out what this all meant to them, how to properly invest their
company resources, and how to take advantage of these technologies as part of
their road maps to driving shareholder value. (TechLinks)
Web 2.0, the European way
Google buys YouTube? Wikipedia explodes? Europe must react to the challenge of
the second generation of the Internet
Scrooge 2.0, Chad Hurley (Photo: JD Lasica/Flickr) 1,650, 000, 000 billion
dollars. This was the record sum shelled out by Google for the purchase of
YouTube, the online video site which receives more than 65 thousand clips per
day. The announcement came at the beginning of October. And, only days later,
the Economist gave column space to the Venice Project, Skype's founders latest
project, which aims to provide television over the internet thanks to
peer-to-peer technology. This is all news, which until a short while ago, would
have just appeared on a specialist blog or a magazine for IT specialists, and
which increasingly concerns Web 2.0. (CafeBabel)
Web 2.0 - It's Already Happening, What's Next?
Session Topic: Web 2.0 Predictions and Pithy Analysis
Speakers: Roy Desouza, Zedo.com Charles Buchwalter, Nielsen NetRatings
Roy started off his part by looking into the difference between the web 1.0
bubble and the new dynamic world of web 2.0 websites. Charles would seamlessly
jump to slides that looked at various data points in internet traffic that
clearly showed that these new web 2.0 websites were growing at erratic rates,
faster than the big brands and getting more coverage therefore.
- Web 1.0 - built in 97-99. Single user events.
- Web 2.0 - defined these companies by their apps and as tools.
(Digital-Telepathy)
Web 2.0 Summit - where do we go from here?
Various technological shenanigans kept me from live-blogging last week's Web 2.0
Summit as planned so here's my run down of the highlights from my notes. Don
Tapscott's workshop and the popular Launchpad session are covered in earlier
posts.
The conference has already been covered in depth so I'll try and add my own
personal observations that are hopefully somewhat unique. At the keynote, Tim
O'Reilly mentioned that some 5,000 people were turned away from attending the
conference. The standard admission was north of $3,000 so doing the math on that
you can imagine why the organizers have announced a sister show, The Web 2.0
Expo in April 2007, which they hope will catch the folks wanting to attend just
to see what all the fuss is about. Tickets will be more reasonable and the
sessions will be more like the workshop format that you see at something like
MacWorld or PubCon. (Flashpoint)
2006 Hype Cycle for Emerging Technologies
Gartner's 2006 Emerging Technologies Hype Cycle Highlights
Key Technology Themes
Web 2.0 technologies and business models dominate emerging technologies together
with Real World Web and Applications Architecture
Gartner, Inc., today announced its 2006 Emerging Technologies Hype Cycle which
assesses the maturity, impact and adoption speed of 36 key technologies and
trends during the next ten years. This year's hype cycle highlights three major
themes that are experiencing significant activity and which include new or
heavily hyped technologies, where organisations may be uncertain as to which
will have most impact on their business. The three key technology themes
identified by Gartner, and the corresponding technologies for enterprises to
examine closely within them, are:(Gartner)
Web 2.0 means one thing ... Google
n Fortune, Adam Lashinsky has a great piece on Web 2.0. Yes, he spent last week
at the much-hyped Web 2.0 Summit. His basic conclusion? The definition of Web
2.0 is simple – it's Google. That is, if a Web 2.0 company has a cool idea,
Google, Inc. will buy the company. One of the most recent examples is the
purchase of JotSpot. (BloggingStocks)
Global:
OpenAjax
Ajax, which stands for Asynchronous JavaScript and XML, is a design approach and
set of techniques for delivering web applications that are highly interactive
and that have a feel and user experience that are more like a desktop
application than a conventional form-driven web application. For example, an
Ajax application might have user interface features such as "drag and drop,"
"cut and paste," animated effects, dynamic topic drill-down, "live search,"
progress indicators, and other UI widgets. Rather than relying on plug-ins, Ajax
applications are built using open technologies widely implemented within
browsers (JavaScript, HTML, CSS, DOM, XMLHttpRequest, and XML). (HR-XML
Blog)
Applicant Tracking Systems : The Job Hunter's Friend or
Foe?
Every job seeker wants to gain as much exposure to job openings as possible, so
by "snail mail" or email, off go r�sum�s to recruiters, job ads, company web
pages, or the companies themselves in the hope that someone will review them.
Ah, but unfortunately, in terms of initial screening, that "someone" has been
increasingly replaced by an "it": the Applicant Tracking System (ATS). You see,
thanks mostly to the Internet, companies and recruiters today are being
increasingly inundated by r�sum�s sent to them literally at the touch of a
button. So given the need for speed, quality, and economy in the hiring process,
enter Applicant Tracking Systems (ATS), computer software programs that can
capture requested information from paper-based r�sum�s or online applications,
and then download it directly into an applicant database. (GPS
Receiver)
Even My Grandmother - HCM Has A Lot To Learn
Even my grandmother is using the internet on a daily basis. She reads her
favorite websites, emails friends and family, orders groceries online, checks
weather reports and even emails me pictures of men that would be more
appropriate in a firemen's calendar than in my company email. Like other
internet savvy 72 year olds, she expects the websites to be user friendly and
provide up to date information. It's no wonder that HR organizations are feeling
the heat from their customers to provide better employee and manager direct
access. People are accustomed to websites that update information immediately
and allow them the ability to control their own personal information. You don't
have to be a software developer to know that if Delta Airlines can provide
accurate on-line flight status, then HR and IT organizations should be able to
provide employees and managers with basic HR information and services that are
accurate and timely. (Knowledge
Infuser)
US:
State job growth
predicted
California's job market is expected to expand faster than the rest of the
country, a new report says, and analysts believe the East Bay and the rest of
the Bay Area could nestle into the vanguard of that growth. Yet the kind of
growth that is coming will pose tough challenges for business and political
leaders throughout California, according to the study, which was released today
by the Center for Continuing Study of the California Economy. "There are
substantial opportunities and daunting challenges," said Stephen Levy, director
of the Palo Alto-based California economy center. (Inside
Bay Area)
Taleo Trims 3Q Loss
Taleo Corp., provider of staffing-management software, said Monday it trimmed
its third-quarter loss with more customers on its client list. The company
reported a net loss of $757,000, or 4 cents per share, compared with a
prior-year loss of $2.5 million, or $16.74 per share. Excluding restructuring
costs, stock-based compensation and other special items, Taleo said it earned 4
cents per share in this year's quarter, up from a penny in similar comparisons
to the year-ago period. Wall Street, on average, expected profit of 3 cents per
share, excluding special items, according to an analyst poll by Thomson
Financial. (chron.com)
Deep Release:
Authoria Delivers ''Quality of Hire'' with Authoria
Recruiting 2007
Innovative Technology Drives Better Collaboration between Hiring Managers
and Recruiters, to Deliver Higher-Quality Candidates and Hires
Authoria, Inc., the leader in integrated talent management solutions,
unveiled Authoria Recruiting™ 2007, which delivers industry-first
capabilities that help employers improve not only recruiting efficiency but
the quality of candidates and new hires. Through a set of new Positive
Impact™ features that include actionable organization charts,
candidate-feedback ratings, in-context analytics, in-context coaching, and
advanced search capabilities, Authoria Recruiting 2007 empowers hiring
managers to participate actively in the recruiting process and collaborate
effectively with recruiters.
Authoria Recruiting 2007 adds important new functionality
to Authoria's integrated talent management solution. Of the company's
300-plus enterprise customers, 30 – including Hess Corporation,
PepsiAmericas, and Charles Schwab & Co. – rely on Authoria's integrated
talent management solution to maximize the ability of their people to
achieve business goals.
"Employers recognize that for the recruiting function to
meet their critical talent needs, they must go beyond the traditional
measures of time-to-fill and cost-per-hire, and find ways to track, measure,
and enhance the quality of candidates in the pipeline and new hires," said
Authoria Chairman and CEO Tod Loofbourrow. "The key to gaining control of
quality of hire is to make it easy and attractive for the hiring manager to
be an active participant in the recruiting process, and to collaborate with
recruiters. The new capabilities in Authoria Recruiting 2007 directly
support that collaboration, and – through integration with the performance
management, succession planning, and compensation processes – extend the
benefit of improved quality of hires throughout the talent-management
lifecycle."
"Technology has made great progress in improving
recruiting processes and productivity," said Lou Adler, CEO of The Adler
Group. "Authoria has developed some new ideas in this area that are worthy
of serious evaluation. I am especially encouraged by the great strides the
company has made in focusing on the critical role hiring managers play in
the process."
A Positive Impact on Improving "Quality of Hire"
A recent survey conducted by Authoria showed that 67
percent of businesses are struggling to measure the effectiveness of
recruiting, with 69 percent of respondents citing improvement in measuring
"quality of hire" as a key imperative. In defining the roadblocks to
successfully measuring "quality of hire," 60 percent graded the
collaboration between their hiring managers and recruiters as less than
effective. Until now, recruiting technology that directly addresses these
issues has been substantially lacking.
"Regis Corporation is a global leader in salons and
hair-restoration centers, with 11,000 locations and such well-known brands
as Supercuts and MasterCuts," said Karen Woodson, Director of Talent
Management, Regis Corporation. "Coupled with our phenomenal growth, we faced
challenges in finding and attracting top talent. Our costs were high, it was
taking too long, and we had no way to measure the quality of hire."
"Leveraging Authoria Recruiting, we've substantially
improved the quality of the new hires we bring into the company," Woodson
continued. "We also cut our time-to-hire in half, and saved over $500,000 in
fees in just seven months. Now, we're linking our recruiting implementation
with Authoria Performance, so we can track the success of those new hires as
they move through the organization; and with Authoria Succession, so we can
identify and develop our next generation of leaders."
Authoria Recruiting 2007 includes all the standard
features expected of an applicant tracking system (ATS), to improve
recruiting efficiency. By incorporating new features built on Authoria's
innovative Positive Impact™ technology, though, the solution far exceeds
traditional approaches. The Positive Impact technology underlies the
product's user interface, content, and workflow, and supports Authoria's
unique emphasis on enhancing quality of hire:
- Positive Impact Organization Charts – Actionable
organization charts provide hiring managers with a familiar and
intuitive means to access all the functionality they need to participate
in the recruiting process. From the Positive Impact Organization Chart,
managers can view all open positions, open new requisitions, specify job
descriptions and competencies, review candidates, and perform all other
tasks related to recruiting.
- Positive Impact Ratings – Authoria Recruiting 2007
provides a mechanism for hiring managers to give quick feedback to
recruiters, ranking candidates on a 1-5 star scale. This gives
recruiters valuable insight into the quality of candidates already in
the pipeline, and enables them to focus on the top candidates.
- Positive Impact Analytics – Powerful, in-context
analytics and key performance indicators measure the quality of talent
hired and the effectiveness of talent sources, as well as the efficiency
of the recruiting process.
- Positive Impact Coaching – In-context coaching
provides hiring managers with just-in-time support, drawing from
Authoria's knowledge of best practices in preparing job descriptions,
developing prescreening questions, managing interviews, and other
recruiting activities.
- Positive Impact Search – Through advanced search
capabilities, hiring managers can quickly scan the organization's talent
community, including external and internal candidates, to find
candidates who match specific criteria for current openings.
Authoria Recruiting meets the needs of millions of recruiters, hiring
managers, and candidates for many of the world's largest enterprises.
About Authoria
Authoria® is the leading provider of integrated talent
management solutions, helping employers increase the productivity of their
workforce in driving their business strategy forward. Authoria's products
have been awarded Top Product of the Year by Human Resource Executive
Magazine six times, more than any vendor in the history of HR technology.
Authoria® 2007 includes recruiting, performance management, compensation
management, succession planning, and benefit and policy communication, while
providing just-in-time knowledge and coaching for managers and employees.
Authoria's award-winning solutions have proven successful for more than 300
large employers, representing more than 10 million employees. Customer
companies include Boeing, Pfizer, Reuters, and Unocal. For more information,
visit www.authoria.com
Coming Soon:
Bangalore HR Summit 2006
December 15 & 16, 2006
Leela Palace, Airport Road, Bangalore-1,India
$250
Learn More |
2007 Corporate Image Conference
January 25 – January 26, 2007
Westin New York at Times Square
New York, NY
$2395
Agenda |
Human Capital Management Defense
(HCMD) Annual Conference
February 13 -16, 2007
$1,797
Arlington, VA
Register |
Multicultural Forum on Workplace Diversity
February 20 - 21, 2007
St. Paul Rivercentre
St. Paul, Minnesota.
$495
Register |
Strategic E-HR Conference
Using Technology for Comprehensive Talent & Performance Management
February 28 – March 1, 2007
Coronado Island Marriott
San Diego, CA
$2,195
Agenda |
2007 AESC Americas Conference: THE NEW RULES
March 7 - March 8, 2007
The Harvard Club
New York City, New York |
Staffing Industry Executive Forum
March 12-15, 2007
InterContinental Hotel
Miami
, Florida
$1,695
Register |
Talent Management Strategies Conference
March 22 – March 23, 2007
Grand Hyatt
New York, NY
$2395
Register
|
Nursing Management Recruitment & Retention Conference
May 4-6, 2007
Chicago Hilton
Chicago, IL
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