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	<title>LatinOcean - Digital Marketing Consulting</title>
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	<link>http://www.latinocean.com/blog</link>
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		<title>Young or Older, we need you Bolder</title>
		<link>http://www.latinocean.com/blog/2010/08/30/young-or-older-we-need-you-bolder/</link>
		<comments>http://www.latinocean.com/blog/2010/08/30/young-or-older-we-need-you-bolder/#comments</comments>
		<pubDate>Tue, 31 Aug 2010 01:12:59 +0000</pubDate>
		<dc:creator>jorge</dc:creator>
				<category><![CDATA[Job Seekers]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[People]]></category>
		<category><![CDATA[Talent]]></category>
		<category><![CDATA[recruitment]]></category>

		<guid isPermaLink="false">http://www.latinocean.com/blog/?p=344</guid>
		<description><![CDATA[I am always a bit sceptical about news of studies regarding perceptions and attitutes about the mature workforce like the one that got published recently. Don&#8217;t get me wrong; if the findings indicate a true change of practice regarding older workers, that&#8217;s great. I mean it&#8217;s in everyone&#8217;s best interest, right? Sooner or later &#8211; [...]]]></description>
			<content:encoded><![CDATA[<p>I am always a bit sceptical about news of studies regarding perceptions and attitutes about the mature workforce like <a href="http://bit.ly/aNBhSD">the one that got published recently</a>.</p>
<p>Don&#8217;t get me wrong; if the findings indicate a true change of practice regarding older workers, that&#8217;s great.</p>
<p>I mean it&#8217;s in everyone&#8217;s best interest, right? Sooner or later &#8211; if we&#8217;re lucky &#8211; we&#8217;re moving up the age bracket whilst staying functional.</p>
<p>Whether we&#8217;re bosses or employees, we&#8217;re always selling our professionalism, experience and potential. Fact remains, the perception of our effectiveness as salespeople is impacted by how wrinkled we look.</p>
<p>How do we change these perceptions? How do we become grey hair impervious?</p>
<p>All of us have a to-do. Owners, managers and workers young and old need to nremain &#8216;responsible&#8217;.</p>
<p>1. employees, ensure you&#8217;re not mis-cast. There will be a temptation to take on a job that may not be a strength to you, but your potential employer is going to say &#8216;come on mate, you&#8217;re experienced, you can do this job&#8217;. if you know that is not the case, don&#8217;t accept it. It will come back to haunt you.</p>
<p>2. employers, just because some people have been on the workforce for thirty years, it guarantees you nothin&#8217;. There are people who are shit workers in their 20&#8242;s and they don&#8217;t learn, skill up or gain insights, and in their 50&#8242;s they remain shit workers. Leave the affirmative action stuff, don&#8217;t hire off the back of the wise-older worker preconception, and interview and test as if you want the job done the best possible way.</p>
<p>3. employees stay hungry. No-one wants lazy fat cats in their teams, however young or old. Show that you want the job, that you want to do well, that you want to become a linchpin of the organisation (here goes Seth Godin again). Stamina changes should not impact on your attitude.</p>
<p>4. employers, situational leadership won&#8217;t go astray across all your teams.There are certainly different motivators per staff member; don&#8217;t manage generational groups. Manage individuals.</p>
<p>Bye</p>
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		<title>Thinking about jobs.com.au changing hands</title>
		<link>http://www.latinocean.com/blog/2010/08/16/thinking-about-jobs-com-au-changing-hands/</link>
		<comments>http://www.latinocean.com/blog/2010/08/16/thinking-about-jobs-com-au-changing-hands/#comments</comments>
		<pubDate>Mon, 16 Aug 2010 12:24:31 +0000</pubDate>
		<dc:creator>jorge</dc:creator>
				<category><![CDATA[Job Boards]]></category>

		<guid isPermaLink="false">http://www.latinocean.com/blog/?p=339</guid>
		<description><![CDATA[How good was I? This is a post from &#8217;07 http://bit.ly/c1IdqA Lazy post, but need to get some momentum going. Have a good rest of the week.]]></description>
			<content:encoded><![CDATA[<p>How good was I? This is a post from &#8217;07</p>
<p><a href="http://bit.ly/c1IdqA">http://bit.ly/c1IdqA</a></p>
<p>Lazy post, but need to get some momentum going.</p>
<p>Have a good rest of the week.</p>
]]></content:encoded>
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		<title>Seth&#8217;s done it again</title>
		<link>http://www.latinocean.com/blog/2010/08/09/seths-done-it-again/</link>
		<comments>http://www.latinocean.com/blog/2010/08/09/seths-done-it-again/#comments</comments>
		<pubDate>Mon, 09 Aug 2010 12:53:38 +0000</pubDate>
		<dc:creator>jorge</dc:creator>
				<category><![CDATA[Marketing]]></category>
		<category><![CDATA[People]]></category>
		<category><![CDATA[Talent]]></category>
		<category><![CDATA[best practice]]></category>
		<category><![CDATA[research]]></category>

		<guid isPermaLink="false">http://www.latinocean.com/blog/?p=332</guid>
		<description><![CDATA[With &#8220;Linchpin&#8221;, Seth Godin has hit the mark as far as conveying a message that resonates with employers, employees, the self-employed, the entrepreneur: work is art in as much as it is a process filled with generosity provided by individuals that create, connect, produce; and ultimately has an effect on others. Perhaps the book&#8217;s punch [...]]]></description>
			<content:encoded><![CDATA[<p>With <a href="http://bit.ly/9YBeJj">&#8220;Linchpin&#8221;</a>, Seth Godin has hit the mark as far as conveying a message that resonates with employers, employees, the self-employed, the entrepreneur: work is art in as much as it is a process filled with generosity provided by individuals that create, connect, produce; and ultimately has an effect on others.</p>
<p>Perhaps the book&#8217;s punch comes from the fact that the metaphors and actual advice avoid the usual career advice gaff and aims to engage the reader at the emotional level that is required to be an effective worker, as opposed to a &#8216;steady job holder&#8217;.</p>
<p>This post &#8211; the first in more than a few months &#8211; is direct result of his pep-write: I&#8217;ve been too busy to &#8220;ship&#8221; (deliver, produce, think, give). I had great excuses: I am dedicating a lot of time to other projects including <a href="http://digitalreach.net">Digital Reach</a>, and I had ruined the original template of this blog (it still is as you can see), so I did not want too many visitors.</p>
<p>I am getting out there again: selling, writing, consulting, pushing the things I stand for; which as you know it&#8217;s double-shit scary. Double because you can fail, which makes you feel you want to go hide under a rock and never come out; or you succeed, which means you have to get tense again and deliver so that your  client is happy to pay the bill you sent them and then want to come back for some more.   </p>
<p>Obviously if you dislike Godin, this will likely not be the book to make you a convert. It&#8217;s more of the same, perhaps sharper than ever, less sympathetic and with a desire to shake the &#8216;factory worker&#8217; mindset and bring out the unruly genius in all of us.</p>
<p> If you get to it, let me know what were your impressions.</p>
<p>Have a great rest of the week</p>
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		<title>You can post a job ad, but it will cost you</title>
		<link>http://www.latinocean.com/blog/2010/01/31/you-can-post-a-job-ad-but-it-will-cost-you/</link>
		<comments>http://www.latinocean.com/blog/2010/01/31/you-can-post-a-job-ad-but-it-will-cost-you/#comments</comments>
		<pubDate>Sun, 31 Jan 2010 23:56:44 +0000</pubDate>
		<dc:creator>jorge</dc:creator>
				<category><![CDATA[Advertising]]></category>
		<category><![CDATA[Job Boards]]></category>
		<category><![CDATA[Sourcing]]></category>
		<category><![CDATA[best practice]]></category>
		<category><![CDATA[recruitment]]></category>

		<guid isPermaLink="false">http://www.latinocean.com/blog/?p=329</guid>
		<description><![CDATA[It’s the beginning of the year and I am already disappointed. I thought 2010 was going to be the year where significantly less job ads, print or online, were going to include phrases like: - ‘leading multinational’ to refer to the hiring company - ‘high calibre individual’ to refer to the candidate they want to [...]]]></description>
			<content:encoded><![CDATA[<p>It’s the beginning of the year and I am already disappointed.</p>
<p>I thought 2010 was going to be the year where significantly less job ads, print or online, were going to include phrases like:</p>
<p>-	‘leading multinational’ to refer to the hiring company<br />
-	‘high calibre individual’ to refer to the candidate they want to attract<br />
-	‘challenging and dynamic environment’ to describe work conditions</p>
<p>What’s the real chance to get who you really want for this role with ‘details’ like those above?</p>
<p>I understand the anonymity has been used to protect clients from ambulance chasers, unsolicited CV’s etc. Those protection costs though are extremely high. It will cost real money to process unsuitable applicants – for example. </p>
<p>You might find the right individual in that hay stack you are generating. But just in case, get your calculator out and do your numbers; your job ads might be making your advertising/sourcing process more expensive than what you imagine.</p>
]]></content:encoded>
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		<title>Social Tools – The worst that could’ve happened to Recruitment?</title>
		<link>http://www.latinocean.com/blog/2009/12/01/social-tools-%e2%80%93-the-worst-that-could%e2%80%99ve-happened-to-recruitment/</link>
		<comments>http://www.latinocean.com/blog/2009/12/01/social-tools-%e2%80%93-the-worst-that-could%e2%80%99ve-happened-to-recruitment/#comments</comments>
		<pubDate>Tue, 01 Dec 2009 11:48:25 +0000</pubDate>
		<dc:creator>jorge</dc:creator>
				<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Search]]></category>
		<category><![CDATA[Sourcing]]></category>
		<category><![CDATA[best practice]]></category>
		<category><![CDATA[linkedin]]></category>
		<category><![CDATA[recruitment]]></category>
		<category><![CDATA[twitter]]></category>

		<guid isPermaLink="false">http://www.latinocean.com/blog/?p=325</guid>
		<description><![CDATA[Maybe… In a recent post, @greg_savage reported that he had asked attendees of an RCSA event/roadshow for a quick show of hands about social tools usage. The results: a) 80% of recruiters have a LinkedIn account, whilst only 20% were using it ‘actively’ b) there was a very low take up of twitter (5-10% have [...]]]></description>
			<content:encoded><![CDATA[<p>Maybe…</p>
<p>In <a href="http://gregsavage.com.au/?p=596">a recent post</a>, <a href="http://twitter.com/greg_savage">@greg_savage</a> reported that he had asked attendees of an RCSA event/roadshow for a quick show of hands about social tools usage. The results:</p>
<p>a) 80% of recruiters have a LinkedIn account, whilst only 20% were using it ‘actively’<br />
b) there was a very low take up of twitter (5-10% have a handle)</p>
<p>You know what? If there were more ‘active’ recruiters on LinkedIn, or more consultants moving into twitter, the ‘damage’ might be even bigger.</p>
<p>What damage? </p>
<p>I went to <a href="http://twitter.com/coffeemornings">@coffeemornings</a> last Friday; I spoke to four peeps that had been approached by recruiters on LinkedIn that they had not heard from – let alone met – before; these peeps ranted about these recruiters effectively cold calling them, to either connect <em>and then</em> be referred to other LinkedIn members, or do the usual tyre-kicking (you happy in your job? kinda thing).</p>
<p>Some recruiters are using new(er) tools and combining them with old practices and old thinking. Big risk. </p>
<p>And big opportunities. </p>
<p>Recruiters that notice that LinkedIn is not a resume database or a Yellow Pages for candidates, will score; they will give themselves room to develop their brand as individual professionals and that of the firms the happen to be working for.</p>
<p>Recruiters that feel the disconnect between social tools and the ‘let&#8217;s put bums on seats’ way of recruitment, and are courageous enough to re-energise their practices in the eyes of clients and job seekers, will come on top. </p>
<p>Big risk. Big opportunities.</p>
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		<title>Catch up Post</title>
		<link>http://www.latinocean.com/blog/2009/10/13/catch-up-post/</link>
		<comments>http://www.latinocean.com/blog/2009/10/13/catch-up-post/#comments</comments>
		<pubDate>Tue, 13 Oct 2009 19:04:09 +0000</pubDate>
		<dc:creator>jorge</dc:creator>
				<category><![CDATA[Companies]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[People]]></category>
		<category><![CDATA[blogging]]></category>
		<category><![CDATA[business]]></category>

		<guid isPermaLink="false">http://www.latinocean.com/blog/?p=314</guid>
		<description><![CDATA[Wow, the previous blog entry I made was in March; don&#8217;t think I&#8217;ve ever left it for so long. I think &#8211; like others &#8211; I was sorta kidnapped by Twitter; meantime though a number of things happened in regards to the LatinOcean practice. Allow me to make a recap: 1. Despite the GFC (remember [...]]]></description>
			<content:encoded><![CDATA[<p><img src="http://www.latinocean.com/blog/wp-content/uploads/2009/10/im_back-150x150.jpg" alt="im_back" title="im_back" width="150" height="150" class="alignleft size-thumbnail wp-image-318" /></p>
<p>Wow, the previous blog entry I made was in March; don&#8217;t think I&#8217;ve ever left it for so long. </p>
<p>I think &#8211; like others &#8211; I was sorta <a href="http://twitter.com/jalbinag">kidnapped by Twitter</a>; meantime though a number of things happened in regards to the LatinOcean practice. Allow me to make a recap:</p>
<p>1. Despite the GFC (remember it?) there were a quite a few clients keen to make investments in their staff education, reviewing processes and sprucing up internal and external systems. They were able to take advantage of their revised/lower opportunity costs (e.g. consultants less busy, more negotiation power with vendors, etc.).</p>
<p>2. What also helped us keep a steady path re. &#8216;business coming in&#8217; was the expected growth of career management and transitioning/outplacement services from our larger clients. To leverage of this part of the cycle, we adapted our sourcing and recruitment focused offerings into the services from HR outfits that were preparing retrenched professionals for their next move. Our contribution had a lot to do with personal branding and reputation management on the web. </p>
<p>3. At the end of June, LatinOcean was sold to Jabor Holdings. Jabor Holdings is a private company in which I am a director. Our expectation is that LatinOcean will continue operating for as long as our customers want us around. If anything, we plan to explore how we can use the materials and IP developed over the last three years to expand into other professional services verticals.</p>
<p>4. Jabor Holdings is also owner of <a href="http://digitalreach.net">Digital Reach</a> a new venture that came to life at the beginning of this year; focused on the online advertising industry, this startup needs lots of love and nurturing which is what hopefully we will be giving it.</p>
<p>This post is making me look back and now I understand why I haven&#8217;t blogged in such a long time.</p>
<p>In the meantime though, there have been interesting/encouraging topics/trends emerging; on which I can only hope I will be chipping in more proactively. For example:</p>
<p>- Less observers and more doers online; in particular more actual recruitment consultants walking the talk re. online sourcing, etc. and bringing insights from the real world. <a href="http://twitter.com/greg_savage">Greg Savage</a> and <a href="http://twitter.com/koshaughnessy">Kelly O&#8217;Shaughnessy</a> come to mind.</p>
<p>- The ever growing quality and volume output coming from the thinkers. The discourse and reports like <a href="http://talentsource.com.au/">Phillip and Michael&#8217;s sources of talent study</a> opened the room for debate, discussion and further refinement outside the echo chamber.</p>
<p>- The ongoing tinkering with services and technologies supporting recruitment, sourcing, engagement</p>
<p>- The social recruitment meme, which was undergoing a stylish discussion entanglement until someone looked at the time and said that it was time to get back to work (just being facetious; I am always keen to listen and contribute to concept-shaping views on this topic)</p>
<p>Look forward to getting back into blogging shape. Thank you for sticking around</p>
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		<title>my chirp on twitter</title>
		<link>http://www.latinocean.com/blog/2009/03/16/my-chirp-on-twitter/</link>
		<comments>http://www.latinocean.com/blog/2009/03/16/my-chirp-on-twitter/#comments</comments>
		<pubDate>Mon, 16 Mar 2009 13:36:54 +0000</pubDate>
		<dc:creator>jorge</dc:creator>
				<category><![CDATA[Companies]]></category>
		<category><![CDATA[Tools]]></category>
		<category><![CDATA[best practice]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[technology]]></category>
		<category><![CDATA[twitter]]></category>

		<guid isPermaLink="false">http://www.latinocean.com/blog/?p=305</guid>
		<description><![CDATA[In the industrial era, Big money was spent on Big research that spawned Big products; the early adopters for such wares (planes, guns, mainframes) were either governments or well-funded, large corporations. Subsequent to that, mass-production-driven economies of scale allowed for diminishing marginal production costs through automation, cheaper labour, amortisation of R&#038;D expenditure. The consumerisation of [...]]]></description>
			<content:encoded><![CDATA[<p>In the industrial era, Big money was spent on Big research that spawned Big products; the early adopters for such wares (planes, guns, mainframes) were either governments or well-funded, large corporations.  Subsequent to that, mass-production-driven economies of scale allowed for diminishing marginal production costs through automation, cheaper labour, amortisation of R&#038;D expenditure. The consumerisation of products was the result of its massification.</p>
<p>In the post-industrial period, comparatively small investments of time and money are dedicated to launch new tools and services that are firstly thrown into the hands of individual users, generally for little or no money. When this offering reaches or gets close to the proverbial tipping point, corporations and governments start to pay attention. Consumerisation effectively acts as a huge proof of concept.</p>
<p>The first example that comes to mind is ICQ; it supposedly started with pimply kids flirting and talking about music, right? Next thing, intranet based IM applications are vanilla services in business. Same for P2P, even email if you want to go that far back. The music discussions and flirting (may be) are gone but the <em>design</em> stayed.</p>
<p>So, next time you feel like rolling your eyes when someone tweets what she had for breakfast, may I kindly suggest you have <a href="http://www.stellaartois.com/">a Stella</a>, relax and reflect that in all likelihood the trivial stuff (maybe) will fade away from twitter, but its infrastructure will certainly remain.<img src="http://www.latinocean.com/blog/wp-content/uploads/2009/03/Twitter-Bird-150x150.png" alt="Twitter-Bird" title="Twitter-Bird" width="150" height="150" class="alignright size-thumbnail wp-image-323" /></p>
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		<title>The Merovingian said: for every action there is a reaction</title>
		<link>http://www.latinocean.com/blog/2009/02/25/the-merovingian-said-for-every-action-there-is-a-reaction/</link>
		<comments>http://www.latinocean.com/blog/2009/02/25/the-merovingian-said-for-every-action-there-is-a-reaction/#comments</comments>
		<pubDate>Thu, 26 Feb 2009 02:22:16 +0000</pubDate>
		<dc:creator>jorge</dc:creator>
				<category><![CDATA[Job Boards]]></category>
		<category><![CDATA[Job Seekers]]></category>
		<category><![CDATA[Sourcing]]></category>
		<category><![CDATA[Tools]]></category>
		<category><![CDATA[best practice]]></category>
		<category><![CDATA[networking]]></category>
		<category><![CDATA[recruitment]]></category>

		<guid isPermaLink="false">http://www.latinocean.com/blog/?p=301</guid>
		<description><![CDATA[Recruitment agencies are receiving less assignments from their clients Recruiters &#8211; like all or most of us &#8211; need to stay busy or else. They start chasing ads If they chase ads, they might as well have a candidates that can fill the role In lieu of/addition to looking at their own databases, recruiters chasing [...]]]></description>
			<content:encoded><![CDATA[<p>Recruitment agencies are receiving less assignments from their clients</p>
<p>Recruiters &#8211; like all or most of us &#8211; need to stay busy or else. They start chasing ads</p>
<p>If they chase ads, they might as well have a candidates that can fill the role</p>
<p>In lieu of/addition to looking at their own databases, recruiters chasing ads opt to create their own sourcing/trawling posts</p>
<p>The incremental cost of posting the trawling job ads is negligible; recruiters may have already paid for them as part of their monthly contracts</p>
<p>Applications per ad are already up given our context</p>
<p>Candidates won&#8217;t get much attention, because the recruiter&#8217;s interest in them is contingent on the ad-chasing success ratio (which I would say is low)</p>
<p>Hiring companies are getting peeved with cold-calling consultants, which leads them to (if possible) write more and more generic ads so that they are not identified by ad-chasers</p>
<p>What&#8217;s in the horizon?</p>
<p>As contracts with job boards get renewed maybe there will be less ads (both good and bad, but proportionally less bad ones) </p>
<p>Reduced confidence on recruiters will lead job seekers to going back to job seeking via people you can trust, which can also include hand-picked recruiters, but also colleagues, friends, family. </p>
<p>Referrals based on trawling ads will not produce results. </p>
<p>Niche sites that have the inclination and capacity to monitor the quality of job ads could also get the thumbs up. Issue here is: what&#8217;s quality? An ad for a work-from-home scheme? The fifth version of the same ad? A suspicious looking/fake one? The more judgment you apply the more labor-intensive / costly the exercise.</p>
<p>Hiring organisations have an opportunity to work on their employer brand during this time, A &#8216;grey&#8217; recruitment practice does not necessarily imply low candidate quality.</p>
<p>Thank you <a href="http://twitter.com/jobadder">@jobadder</a> for your comments re. niche sites</p>
<p>Hope your week finishes very well</p>
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		<title>shooting the (job) messenger</title>
		<link>http://www.latinocean.com/blog/2009/02/15/shooting-the-job-messenger/</link>
		<comments>http://www.latinocean.com/blog/2009/02/15/shooting-the-job-messenger/#comments</comments>
		<pubDate>Mon, 16 Feb 2009 01:29:46 +0000</pubDate>
		<dc:creator>jorge</dc:creator>
				<category><![CDATA[Advertising]]></category>
		<category><![CDATA[Job Boards]]></category>
		<category><![CDATA[Search]]></category>
		<category><![CDATA[recruitment]]></category>

		<guid isPermaLink="false">http://www.latinocean.com/blog/?p=280</guid>
		<description><![CDATA[A few days back @gapingvoid twitted a link to a WJS article series describing the experience of recently made-unemployed US-based MBAs. In it, there was a sort of side-piece written by one of the individuals profiled, which touched on online job boards.. He says: External job boards have certainly helped me with the search process, [...]]]></description>
			<content:encoded><![CDATA[<p>A few days back @gapingvoid twitted <a href="http://blogs.wsj.com/laidoff/">a link to a WJS article series</a> describing the experience of recently made-unemployed US-based MBAs. In it, there was <a href="http://blogs.wsj.com/laidoff/2009/01/21/navigating-the-online-job-boards/">a sort of side-piece</a> written by one of the individuals profiled, which touched on online job boards.. He says:</p>
<blockquote><p>External job boards have certainly helped me with the search process, no doubt. They are great sources of information for discovering which companies are hiring for what. But when it comes to actually securing a position, my efforts in this area have been completely fruitless. In my conscious recollection, any resume that I have sent off into the oblivion of the Internet has never garnered a response of interest. In fact, a very small percentage returned any response whatsoever.</p></blockquote>
<p>He then moves onto saying the following about vertical search engines (aggregators)</p>
<blockquote><p>The job search sites that have been most beneficial are SimplyHired and Indeed, which aggregate job content from all around the web. These aggregator sites don’t necessarily provide the answers, they simply strengthen the cornerstone of daily searches by providing breadth and depth that other external boards don’t. I’ve also found that most of these job listings are linked to internal career Web sites so I can apply directly and even see other opportunities of interest. Best of all, these sites don’t require job seekers to have an account, or post their resume.</p></blockquote>
<p>Apples to oranges, isn&#8217;t it</p>
<p>People use job boards and job search engines differently, driving significantly different expectations. A response is expected for a job application sent through a job board. From an aggregator, visitors expect depth/coverage (more job ads sources, better data slicing). </p>
<p>On the job board, people are job seekers, on the aggregator they turn into job researchers.</p>
<p>You will know that job boards are not the ones who are ignoring applications. It&#8217;s the consultant or the hiring manager &#8211; that is, advertisers &#8211; who would decide that there&#8217;s no point in getting in touch with unsuitable applicants, at least on a timely basis. </p>
<p>Meantime, you as a job board owner/manager and your brand are taking the heat.</p>
<p>So, how do you make the job board experience better for a job seeker?</p>
<p>- Do you follow up the advertiser and then &#8216;get in the middle&#8217; and let applicants know of your efforts to ensure they get some sort of response?</p>
<p>- Do you let job seekers know that there is nothing you can do?</p>
<p>I reckon that job board owners/managers will be more inclined to do nothing if they think they are in the advertising industry. Conversely, if they see their organisation inscribed in the recruitment industry, they might be prone to make something to contribute to the recruitment experience. </p>
<p>Either way, it will come back to them.</p>
<p>Have a great week </p>
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		<title>Prices are up, costs might be down</title>
		<link>http://www.latinocean.com/blog/2009/01/20/prices-are-up-costs-are-down/</link>
		<comments>http://www.latinocean.com/blog/2009/01/20/prices-are-up-costs-are-down/#comments</comments>
		<pubDate>Tue, 20 Jan 2009 13:09:10 +0000</pubDate>
		<dc:creator>jorge</dc:creator>
				<category><![CDATA[Advertising]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Job Boards]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Tools]]></category>
		<category><![CDATA[best practice]]></category>
		<category><![CDATA[recruitment]]></category>

		<guid isPermaLink="false">http://www.latinocean.com/blog/?p=270</guid>
		<description><![CDATA[Recently, Geoff Jennings reported a price increase in the C1 product which, correction notwithstanding, still took home the message that noone likes a price hike. Fair enough. Even though nominal prices per ad were to go up for advertisers can I suggest the acquisition cost of acquiring candidates/job applicants may be going down? This would [...]]]></description>
			<content:encoded><![CDATA[<p>Recently, Geoff Jennings <a href="http://geoffjennings.com/2009/01/careerone-delivers-christmas-price-rise/">reported a price increase in the C1 product</a> which, <a href="http://geoffjennings.com/2009/01/careless-whispers/">correction notwithstanding</a>, still took home the message that noone likes a price hike. Fair enough.</p>
<p>Even though nominal prices per ad were to go up for advertisers can I suggest the acquisition cost of acquiring candidates/job applicants may be going down?</p>
<p>This would be the obvious result of having more applications per ad (in turn due to more people looking for work altogether and, to a lesser extent, reduced ad re-posting). This argument assumes similar &#8216;quality&#8217; of applicants, which is a can of worms I will open for the next <a href="http://tinyurl.com/a9fojb">inauguration</a>, if ok with you.</p>
<p>Last time I checked, at 185 USD, a <a href="http://linkedin.com">LinkedIn</a> ad looked pretty unaffordable, in the words of a few recruiters I spoke to. But, what if that ad delivers more &#8216;quality&#8217; candidates, or even the candidate that ends up being placed, earning the fees to the consultant?</p>
<p>I made this point in a <a href="http://www.latinocean.com/blog/2009/01/14/whats-the-web-good-for/">previous post</a>, Advertisers pay for an ad, but expect more than posting; they expect distribution and targeting. So if C1 is nominally more expensive than Seek for some of its ad packages. they might want to get ready to justify it in terms of application volumes (post note: turns out they&#8217;re not more expensive than Seek which puts the universe in balance again).</p>
<p>This tight period may prompt advertisers to pick up a pencil and review the source of their candidates; nominal per-ad prices might be misleading.</p>
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