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(use of purposive inflows and outflows of knowledge to accelerate innovation )
Innovators4Hire is an open-innovation driven talent screening
                            system
 that serves organizations to efficiently and accurately identify
                             talent,
                  along with idea generation
Conventional Recruitment Process



            Resumes –                      Identifying a
Screening




                               Interview




                                                                    Recruitment
                                           Candidate’s Key
            Emails                         Strength and
            Applicants, Job                Weaknesses (more
            networks, etc.                 like guessing)
            Professional                   Communication skills
            Network Profiles               Organizational Fit
                                           Ability to recall from
            References                     memory, etc.
Almost 80% of ideal candidates
 are lost in the very first stage

 Without even giving them a chance to prove what they are capable of
A process that is more than six decades
                   old
  Was developed by industrial recruiters to hire employees to do
                      monotonous tasks
Inept for gauging innovative, critical
     thinking and problem solving abilities

which matter for a job that requires the employees to tackle challenges and
                           take actions on their own
Takes into account only past
                    achievements

Traditional measures of past achievements have proven to be ineffective at
  assessing candidates. What if the achievements of a candidate are yet to
                                   come?
Out of those hired, almost 50% will quit in
  the first 18 months and only 19% will
          achieve certain success
                (Survey: LeadershipIQ)
Instead of encouraging innovation, the
            process stifles it

        Example: Pfizer & Sanofi Aventis,
Discourages Applicants from Applying in
               the Future

By rejection without a valid explanation, a candidate will think twice before applying
                                         again
Last but not least




    An extremely time consuming process
Senior employees have to spend considerable time in interviewing the screened candidates,
     wherein various preconceived personal bias lead to inefficiently in their assessments
 Screening is the first and the
  most important stage of a
  recruitment process.

 Candidate numbers range from
  hundreds to even thousands for
  a single post.

 The probability with the
  conventional method of
  screening out the right
  candidates is extremely low.
One firm put the disguised
 resumes of their own top eight
engineers through their corporate
 resume screening process and
 surprisingly they found that only
two would have been called in for
           an interview.
We provide an open stop
shop for talent identification
  and idea generation via
     Open-Innovation
By streamlining the entire process of talent screening and
  by simplifying the steps, we provide organizations and
  easy and cost effective way to tap open innovation for
                their organization’s benefit



 We cancel out noise from the application process and
          help them find great people and ideas
Challenges: are created by specialists specifically based
 on extensive study of the recruiter’s current and future
                      requirements
Challenges: are created by specialists specifically based on extensive study of the
                     recruiter’s current and future requirements



Publishing: Challenges are placed on Innovators4Hire’s
 website and solvers are invited to submit their solutions
    via Innovators4Hire’s own network of innovators,
  research networks, social networks, blogs and other
                  means of marketing
Challenges: are created by specialists specifically based on extensive study of the
                    recruiter’s current and future requirements

Publishing: Challenges are placed on Innovators4Hire’s website and solvers from
   around the world are invited to submit their solutions via Innovators4Hire’s own
network of innovators, research networks, social networks, blogs and other means of
                                      marketing



Environment: Creating an environment that informs and
              attracts the best solvers
Challenges: are created by specialists specifically based on extensive study of the
                    recruiter’s current and future requirements

Publishing: Challenges are placed on Innovators4Hire’s website and solvers from
   around the world are invited to submit their solutions via Innovators4Hire’s own
network of innovators, research networks, social networks, blogs and other marketing
                                       means

Environment: Creating an environment that informs and attracts the best solvers



 Screening: Submissions are accepted, screened and
       evaluated based on various parameters
What makes up a Challenge?
 A real world problem faced by your organization

 A set of questions whose answers are not
  available on Google or else where

Eg: In electrophoresis: What natural substance other
  than starch can replace the electrophoresis gel?

 Videos or pictures asking the applicant’s to
  indentify problems in a process.

 Modification of a real world problem (in case of
  IP related issues)

 An artificial puzzle or a problem designed to
  test the true abilities of a candidates

 Calling for new business ideas that can be
  pursued in the future

 A new algorithm designed to particular
  requirements (for bioinformatics)



•
•
•
•
•
















Open innovation is the use of
 purposive inflows and outflows
  of knowledge to accelerate
      internal innovation.
Organizations Providing Open
         Innovation Services















    Average Cost of accessing services of any of the above:
                            $11,000
Companies regularly using
     puzzles and challenges to
           screen talent:


































Contact Us

Website: www.bioflukes.com
Blog:
www.reinventrecruiting.blogspot.in
Email:
 mahboob@bioflukes.com
 gautham@bioflukes.com
 admin@innovators4hire.com
Ph: +918553268648 (Mahboob )
Skype: mahboob_skype
You give us your problems and
 we will give you the solution
  along with people who are
capable of putting this to action
Innovators4Hire presentation

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Innovators4Hire presentation

  • 1.
  • 2. (use of purposive inflows and outflows of knowledge to accelerate innovation )
  • 3. Innovators4Hire is an open-innovation driven talent screening system that serves organizations to efficiently and accurately identify talent, along with idea generation
  • 4. Conventional Recruitment Process Resumes – Identifying a Screening Interview Recruitment Candidate’s Key Emails Strength and Applicants, Job Weaknesses (more networks, etc. like guessing) Professional Communication skills Network Profiles Organizational Fit Ability to recall from References memory, etc.
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  • 7. Almost 80% of ideal candidates are lost in the very first stage Without even giving them a chance to prove what they are capable of
  • 8. A process that is more than six decades old Was developed by industrial recruiters to hire employees to do monotonous tasks
  • 9. Inept for gauging innovative, critical thinking and problem solving abilities which matter for a job that requires the employees to tackle challenges and take actions on their own
  • 10. Takes into account only past achievements Traditional measures of past achievements have proven to be ineffective at assessing candidates. What if the achievements of a candidate are yet to come?
  • 11. Out of those hired, almost 50% will quit in the first 18 months and only 19% will achieve certain success (Survey: LeadershipIQ)
  • 12. Instead of encouraging innovation, the process stifles it Example: Pfizer & Sanofi Aventis,
  • 13. Discourages Applicants from Applying in the Future By rejection without a valid explanation, a candidate will think twice before applying again
  • 14. Last but not least An extremely time consuming process Senior employees have to spend considerable time in interviewing the screened candidates, wherein various preconceived personal bias lead to inefficiently in their assessments
  • 15.  Screening is the first and the most important stage of a recruitment process.  Candidate numbers range from hundreds to even thousands for a single post.  The probability with the conventional method of screening out the right candidates is extremely low.
  • 16. One firm put the disguised resumes of their own top eight engineers through their corporate resume screening process and surprisingly they found that only two would have been called in for an interview.
  • 17. We provide an open stop shop for talent identification and idea generation via Open-Innovation
  • 18. By streamlining the entire process of talent screening and by simplifying the steps, we provide organizations and easy and cost effective way to tap open innovation for their organization’s benefit We cancel out noise from the application process and help them find great people and ideas
  • 19. Challenges: are created by specialists specifically based on extensive study of the recruiter’s current and future requirements
  • 20. Challenges: are created by specialists specifically based on extensive study of the recruiter’s current and future requirements Publishing: Challenges are placed on Innovators4Hire’s website and solvers are invited to submit their solutions via Innovators4Hire’s own network of innovators, research networks, social networks, blogs and other means of marketing
  • 21. Challenges: are created by specialists specifically based on extensive study of the recruiter’s current and future requirements Publishing: Challenges are placed on Innovators4Hire’s website and solvers from around the world are invited to submit their solutions via Innovators4Hire’s own network of innovators, research networks, social networks, blogs and other means of marketing Environment: Creating an environment that informs and attracts the best solvers
  • 22. Challenges: are created by specialists specifically based on extensive study of the recruiter’s current and future requirements Publishing: Challenges are placed on Innovators4Hire’s website and solvers from around the world are invited to submit their solutions via Innovators4Hire’s own network of innovators, research networks, social networks, blogs and other marketing means Environment: Creating an environment that informs and attracts the best solvers Screening: Submissions are accepted, screened and evaluated based on various parameters
  • 23.
  • 24. What makes up a Challenge?  A real world problem faced by your organization  A set of questions whose answers are not available on Google or else where Eg: In electrophoresis: What natural substance other than starch can replace the electrophoresis gel?  Videos or pictures asking the applicant’s to indentify problems in a process.  Modification of a real world problem (in case of IP related issues)  An artificial puzzle or a problem designed to test the true abilities of a candidates  Calling for new business ideas that can be pursued in the future  A new algorithm designed to particular requirements (for bioinformatics)
  • 26. Open innovation is the use of purposive inflows and outflows of knowledge to accelerate internal innovation.
  • 27. Organizations Providing Open Innovation Services               Average Cost of accessing services of any of the above: $11,000
  • 28. Companies regularly using puzzles and challenges to screen talent:            
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  • 32. Contact Us Website: www.bioflukes.com Blog: www.reinventrecruiting.blogspot.in Email:  mahboob@bioflukes.com  gautham@bioflukes.com  admin@innovators4hire.com Ph: +918553268648 (Mahboob ) Skype: mahboob_skype
  • 33. You give us your problems and we will give you the solution along with people who are capable of putting this to action