Re Generation live

Companies, Talent Add comments
Dec 062006

shortlist reports today the launch of the regeneration, a reverse-of-a-job-board play that encourages job seekers to register their skills (creating a so-called Skills Signature®) and then be found by employers/recruiters. There is quite a bit of emphasis / rhetoric on ‘breaking the paradigm’ to a point where you have to ask if the functionality is attuned with the current talent market realities.

You can gather already that my initial impression is not that crash-hot. Then again the site’s new, and there’s now the hard yakka of refining the service and adjusting to what users really need to get them to cross the line.

In any case, I thought a few things should be pointed out, on the chance the Regenerates (kindly) are keen to get a constructive critique and/or exercise their right of reply:

- You don’t have to register on the site to search for talent. Will that lend itself to abuse/spam? I think it will be frustrating for registered job seekers to be targeted by trawlers, tire-kickers and, in general, freaks with too much time in their hands

- Even if a legit approach by an agency or employer happens, it will be a hassle for the user if the recruiter asks for a copy of the person’s CV (strong chance of that happening in my view). The site does not offer the function to upload a cv, which is really a matter of principle to them:

A Skills Signature® is not a resume. In fact, it’s much more significant. A resume is merely a static application defined in response to an advertised job, or the job market in general. But the Skills Signature® is a fluid and pro-active expression of a person’s self. It defines how they ideally would like to be seen and allows them to express their personal preferences regarding skills they would prefer to apply in life

- The paying premium user gets access to market intelligence on the attractiveness of his/her skills through a number of reports; but the recruiter always can access talent for free. I can imagine this pricing rationale being more suited to an scenario where the supply of talent is at least less scarce?

- I trust the site promptly refines the skills trees it currently sports. I would venture that a significantly higher level of skills granularity both in breadth and depth will be needed for serious recruiters to come up with relevant results

I’ve been wrong before, so if you see merits to the model please point them to me. All the best to the new startup nevertheless; one more choice always has the chance to make things better.

Posted by jorge at 2:12 am
  • Wayne

    Wayne, ReGeneration Support said…

    Jorge, we appreciate the interest you have shown in the ReGeneration. Always happy to take a constructive critique, and we agree that there will continued refinement – if you are first to market, then it is to be expected.

    You wondered about the likelihood of abuse/spam. From the outset, member privacy was important at design inception – contact is made through the ReGen email system – so member’s contact details not public. As it is a single avenue of access/contact (through ReGen) means we can monitor and if need be after complaints – block the offending person. This is much more secure than any other form – even registering with the majority of online recruiters it is not difficult to be either a bogus prospective employee or employer.

    Yes, it is a matter of principle that we are not an employment site. We prefer to think of ourselves as an skills marketing media for the individual The CV is replaced by the Experience Section and the Qualification/License areas – the Experience Section is as comprehensive as a CV, yet designed appropriately to allow the member to critique and support the skills shown.

    The Regeneration helps define and build a person’s skills into a marketable product. The Skills Signature achieves this. When coupled with the Experience (CV Equivalent), the marketing text and the relevancy algorithms are applied – then the ability of a prospective employer to find the right skills mix is unique.

    What is scarce? The 7 or 8 jobs out of 10 that are never advertised in Australia (see SEEK for Statistics). By creating a Skills Market, ReGeneration gets associate members directly accessing 10 out of 10 jobs.

    Finally, your refer to levels of “skills granularity” — this is the beauty of building the first skills market – we would be naive if we thought we had covered all skills. We also look forward to the newer Australians telling us about some of the “old country” skills they have – see our website theregeneration.com.au for invitation to supply details of new skills.

  • http://www.blogger.com/profile/210302 Jorge

    thanks for the comments addressing some of the initial review points; will be checking the site to see how it goes; feel free to pop down with site updates, etc

    j

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