Title: JobStreet.com
1JobStreet.com
- National Accountants Conference 2006
- Mark Chang
- Founder/CEO JobStreet.com
- 1 Nov 2006
2Introduction to JobStreet.com
3JobStreet.com Helping People Improve Their
Lives Through a Better Career
4Our 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
5Our Business
- Making a more transparent Job Market
6Scale 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.
7How We Achieve Our Vision
- Build a super efficient labor exchange network in
Asia to make - job market more transparent
8Building Asias Human Capital Bank
SiVA
LiNa
Hisham
Citibank
Dell
Jenny
Motorola
Peter
JobStreet
Shell
Vinod
Colgate
Rosie
gt3,300,000 Professionals
gt28,000 customers
9JobStreet.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
10JobStreet.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
11JobStreet.com Awards/Achievement
- JobStreet is one of the most Googled word in
Malaysia.
12Screen Shot of Applying for a Job
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21Recruitment 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
22Screen shot of Company Processing Resume
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26Human 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.
27Historical User Growth
28What 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.
29Solid Growth Track Record
Growth Track Record
30Growth in Customer Accounts
31Strong Growth in Jobs Advertised
32TV advertisement in India
33What have we learned so farin our little journey?
34Our 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
35Top 10 tips for starting a successful company
361 More than 1 partner
372 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.
383Passion for your business
394Service the community firstand profit will
follow
- Noble vision
- Not self serving.
405Start the business first.Can not figure out
all the issues.
416Work at least 5 years with another company
first
427Get a good Education
438Hold the Bull by the horn
- Dont give up so soon.
- First 3 years is very difficult.
- Guarantee difficult to find customers
449Be 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
4510Luck
- At the right place at the right time
46After 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.
47What 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
48JobStreet.comAsias Human Capital Bank
Helping People Improve Their Lives Through a
Better Career
49Thank you
Thank you and Bye Bye
50Song
- 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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52What 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.