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All Press Releases for February 16, 2001 Subscribe to this News Feed    
 

Managing an employment agency in the Knowledge Based Economy

In the new Knowledge Based Economy traditional intermediaries or middleman, such as employment or staff placement agency faces new threat and challenges - Disintermediation.

It is now nearly axiomatic that the Web is a threat to the Middleman. Why bother buying from an intermediary when you can go directly to the source? Eliminating the middle guy (a.k.a. "disintermediation") theoretically brings economies of scale and savings for both buyers and sellers or job seekers and employers.

Employers simply ask "Why should I pay such hefty commission to employment agencies if I can search for any potential candidates over the web? Or I can use the services of any staff search portals and pay a minimum monthly fee?"

Employment agencies, travel agents, car dealerships, newspaper classified ads--distributors of all kinds are being threatened with extinction.

Then there's the odd case that stands conventional wisdom on its head--where the Web actually enables the Middleman to become more powerful than ever. Empowerment comes from the use of the Web to innovate and re-invent the Middleman's business processes. Empowerment when new Services Values are created, where Agencies can provide Added Values to customers.

Empowerment when traditional processes are automated, operational efficiencies are improved, productivity increased, cost are reduced and services oriented towards solving customer's needs.

The Job Manager v2.10 is a Business Values Empowerment tools for the staff placement and employment agency. The Job Manager v.2.10 was developed for most employment agencies, including Executive Search firms and Temps Placement company. Our objective is to assist agencies to capitalize on Technology and the Internet so as to develop better operational efficiencies, reduce operational cost, improve productivity, provide customer oriented services, get closer to the customers and the job market and finally to increase sales and revenues.

With the Job Manager v2.10, 80% of traditional business process can be automated enabling agencies to free up limited resources (resources such as time, staff, office space and money) and deploy such limited resources to more productive uses. Agencies staff can now concentrate more on their core competencies, in areas such as sales and customer services.

With the Job Manager v2.10, employment agencies operates around the clock, around the globe. Employment agencies get closer to the job market and their customers as Employers and Job Seekers can gain access to information and services 24 hours a day, 365 days a year, anywhere, any time, worldwide.

To review the application, kindly logon to http://www.iworldinteractive.net/jobmanager

For a online demo of the application , kindly logon to :
http://www.iworldinteractive.net/jobmanager/00-demo.php3


About Us

Iworld Interactive Technologies Pte Ltd (http://www.iworldinteractive.net ) was established in June 1999 with the objective of assisting traditional intermediaries (commission agencies and middleman businesses) to meet new business challenges in the knowledge based economy. We focus on re-inventing the Business Process of these traditional intermediaries, to simplify and to automate their business processes, with the ultimate aims of creating more Business or Services Values as well as reducing the Total Cost of Business.

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Timothy Chan
Iworld Interactive Technologies Pte Ltd
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