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JobStreet.com

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Helping People Improve Their Lives Through a Better Career. Our Vision ... In hind sight, it is called 'Bold & Visionary' Our story. Top 10 tips for starting ... – PowerPoint PPT presentation

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Title: JobStreet.com


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

2
Introduction to JobStreet.com
3
JobStreet.com Helping 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
dont have to work a single day in life
5
Our Business
  • Making a more transparent Job Market

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 Asias Human Capital Bank
SiVA
LiNa
Hisham
Citibank
Dell
Jenny
Motorola
Peter
JobStreet
Shell
Vinod
Colgate
Rosie
gt3,300,000 Professionals
gt28,000 customers
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, _at_MY Internet
    Awards, Kuala Lumpur
  • Internet Company Of The Year 2001, _at_MY Internet
    Awards, Kuala Lumpur
  • One of Top 5 Internet-based companies at
    Singapores 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
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21
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-?
Totalgt60 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
22
Screen shot of Company Processing Resume
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26
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.

27
Historical User Growth
28
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.

29
Solid Growth Track Record
Growth Track Record
30
Growth in Customer Accounts
31
Strong Growth in Jobs Advertised
32
TV advertisement in India
33
What have we learned so farin our little journey?
34
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

35
Top 10 tips for starting a successful company
36
1 More than 1 partner
37
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.

38
3Passion for your business
39
4Service the community firstand profit will
follow
  • Noble vision
  • Not self serving.

40
5Start the business first.Can not figure out
all the issues.
41
6Work at least 5 years with another company
first
42
7Get a good Education
43
8Hold the Bull by the horn
  • Dont give up so soon.
  • First 3 years is very difficult.
  • Guarantee difficult to find customers

44
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

45
10Luck
  • At the right place at the right time

46
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.

47
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

48
JobStreet.comAsias Human Capital Bank
Helping People Improve Their Lives Through a
Better Career
49
Thank you
Thank you and Bye Bye
50
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 dont care where they grow.

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52
What did I achieve after graduation in 1990
  • Came back to Perlis, Malaysia. Worked as a
    Process Engineer, Manufacturing manager, Director
    of sales and marketing in Malaysia.
  • Started Malaysia Online (www.mol.com) in 1995
  • Spin off JobStreet.com in 1997
  • Sold of Malaysia Online in 2000 for 12 million.
  • JobStreet.com become a very successful company
    and gone public listed in Nov 2004.
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