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JobStreet

National Accountants Conference 2006 Mark Chang Founder/CEO JobStreet.com 1 Nov 2006. JobStreet.com. Introduction to JobStreet.com. JobStreet.com Helping People Improve Their Lives Through a Better Career. Our Vision. To help people improve their lives through a better career

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JobStreet

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  1. National Accountants Conference 2006 Mark Chang Founder/CEO JobStreet.com 1 Nov 2006 JobStreet.com

  2. Introduction to JobStreet.com

  3. JobStreet.comHelping People Improve Their Lives Through a Better Career

  4. Our Vision To help people improve their lives through a better career “If you like what you do, you don’t have to work a single day in life”

  5. Making a more transparent Job Market Our Business

  6. Scale of Operations Started in 1995 in Penang with $60,000 capital Currently operating in the following markets: Malaysia,Philippines, Singapore,India, Indonesia and Bangladesh (1.6 b population- 25% world population) More than 3.3 million registered users More than 28,000 customers Approximately 300 employees in group IPO in Nov. 2004.

  7. How We Achieve Our Vision Build a super efficient labor exchange network in Asia to make job market more transparent

  8. Building Asia’s Human Capital Bank Resume Bank SiVA LiNa Hisham Citibank Dell Jenny Motorola JobStreet Peter Shell Vinod Colgate Rosie >28,000 customers >3,300,000 Professionals

  9. JobStreet.com Awards/Achievement • In Feb 2001, NetValue rated us as the top jobsite in Singapore • In May 2001, ACNielsen rated us top jobsite for women in Singapore • In 2001, The Week magazine rated us the most popular jobsite in India • Best Software Application at Asia Pacific Multimedia Super Corridor Information Technology and Telecommunications (APMITTA 2000) Awards, Kuala Lumpur

  10. JobStreet.com Awards/Achievement Internet Company Of The Year 2000, @MY Internet Awards, Kuala Lumpur Internet Company Of The Year 2001, @MY Internet Awards, Kuala Lumpur One of Top 5 Internet-based companies at Singapore’s prestigious e-50 DotCom Awards 2001 E-Business Site Of The Year, PIKOM-Computimes IT Awards 2001

  11. JobStreet.com Awards/Achievement • JobStreet is one of the most “Googled” word in Malaysia.

  12. Screen Shot of Applying for a Job

  13. Recruitment Process can be Time Consuming & Costly Dept shortlists Final interviews/decision Develop job requirements Screen Test/interview Wait for applications Non-value Added Time Dominates Elapsed Days 1 3 14 7 1 4 1 7 2 4 2 14-? Total:>60 days Sort applications Create/place advertisement in newspaper Schedule interviews Closing Reply to all candidates Send to relevant dept Schedule final interviews Value-added time Non-value added time

  14. Screen shot of Company Processing Resume

  15. Tools for HR managers

  16. Read Resume Faster

  17. Resume online

  18. Human Capital Data Over 3,300,000 registered users – one of the largest human capital bank outside of North America 280,000 of our users are Masters or PhD graduates 1,560,000 of our users are BSc/BA graduates One of the few places where you can find such a high concentration of knowledge workers in Asia Total salary collected by MY JobStreet users is about $22 billion ringgit/year.

  19. Historical User Growth

  20. What drag us to work in the morning? Help more and more people find the job that they want and help them to improve their quality of life.

  21. Growth Track Record Solid Growth Track Record

  22. Growth in Customer Accounts

  23. Strong Growth in Jobs Advertised

  24. TV advertisement in India

  25. What have we learned so farin our little journey?

  26. Our journey started with “Ignorance”. • Marco polo might not make his journey if he knew the journey was so long and tiring. • In hind sight, it is called “Bold & Visionary” • Our story……

  27. Top 10 tips for starting a successful company

  28. #1 More than 1 partner

  29. #2 Less money, more likely to be successful • Financially conservative • Keep cost low • Be creative to achieve what you want. No need to pay all the time.

  30. #3Passion for your business

  31. #4Service the community firstand profit will follow • Noble vision • Not self serving.

  32. #5Start the business first.Can not figure out all the issues.

  33. #6Work at least 5 years with another company first

  34. #7Get a good Education

  35. #8Hold the Bull by the horn • Don’t give up so soon. • First 3 years is very difficult. • Guarantee difficult to find customers

  36. #9Be in “new” business and not “me too” business • New product, new service • Using Technology like IT. • New way of doing the same thing. • New favor of “Wanton Mee”

  37. #10Luck • At the right place at the right time…

  38. After you are successful entrepreneur … • Have to remember success does not last forever. • Running a company is just like running a country in a smaller scale. • When we are at the pinnacle of success, take that window of opportunity to do good for the society.

  39. What I hope to achieve? • Create a company that eventually helps a lot of people in this region to find a job that they really love. • Happiness at work, bring happiness at home and the ability to help out the society. • God…. I have done my part as a responsible human being…

  40. JobStreet.comAsia’s Human Capital BankHelping People Improve Their Lives Through a Better Career

  41. Thank you Thank you and Bye Bye

  42. Song… Just a wild mountain rose seeking mystery untold, No regret for the path that I choose…. When a flower grow wild, it can always survive. Wild flower don’t care where they grow.

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