Situation: intransparentmarketwith expensiveintermediaries. In these timesyou can just wait forcompetitive(online) concepts. Via LinkedIn, an employer can nowdramaticallyshortenthe application processand make it more effective.Challenges to both the HR departmentsofemployers as well as toexecutive searchfirms. Especially thelatterincreasingly have to show their value add to their clients.
LinkedIn launched a new plugin yesterday that allows job seekers to apply for their next gig using the information in their LinkedIn profile. Employers can add the buttons to their job boards and get an applicant's information emailed directly to them or submitted to a database.
Social innovationis starting to be cool. Justsetting up a companythat not only isdoing well, butalso having a sustainablebusiness model. The big differencewithregular business: notprofit maximizationbutoptimization.
"The best minds of my generation are thinking about how to make people click ads. That sucks." So says 28-year-old Cloudera founder, early Facebook veteran and one of Bloomberg BusinessWeek's "Best Young Tech Entrepreneurs" in 2010, Jeff Hammerbacher, in a refreshing insight about the present state of innovation.