CEO INTERVIEW JOBABLE
New Success Stories - Asia
CEO Interviews - exclusive for HR Digital Today with market leading HR Tech pioneers - JOBABLE
Richard Hanson, CEO - JOBABLE
The issue with job boards 1.0 is they are simply a bulletin board that invites anyone to apply. Responsibility is on the employers to meticulously screen through the hundreds of application which is tedious and time-consuming.
What if job board could use data science and only invite the most appropriate candidates to apply instead?
That is what Jobable is attempting to do.
1. Please share with us briefly what you do.
I’m the CEO of Jobable, a Hong Kong based data-driven career platform.
2. What were you doing before this?
I ran my own headhunting business, helping investment banks and asset management firm hire the best talent.
3. In one sentence, how would you describe what your product does?
Jobable is a data-driven platform for job seekers to experience a more informed job search, employers to hire more efficiently and to help everyone make better career decisions.
4. How did the idea for your business come about?
After being in the recruitment industry for over 10 years, I knew there were many inefficiencies in the hiring process that technology could help smooth out. Both HR departments and agency recruiters struggle to handle huge volumes of applications for some roles, whilst not being able to find quality talent for other open vacancies. I was keen to build a business that would help tackle these challenges and others.
5. How does it work?
Jobable uses proprietary data science tools and algorithms to invite the most relevant candidates to apply to open vacancies. We also capture all the information available in the job searching and hiring process and use that data to make our product increasingly efficient and helpful. By focusing our own marketing and community building efforts on bringing university students and young professionals to Jobable’s platform, we also enable employers to target these audiences more effectively.
6. What are the key benefits that your product brings?
Better matching between job seekers and employment opportunities saves time and improves user experience. By analyzing data across the entire Jobable platform, we can return valuable insights to both employers and anyone focused on improving their career. This helps companies hire the right talent for the right position which leads to increased retention and a happier, more productive and profitable workforce.
7. Who are your closest competitors?
There are a few jobs boards in Hong Kong that have been around for a long time. None of them are aiming to move past being a transactional jobs board in the way we are at Jobable.
8. Who is your first customer and how did that happen?
Jobable’s first major jobs board customer was a local finance group. Our sales team cold called the HR department and started to build a relationship from there.
9. What were they using before this, and why did they switch?
They had been using Hong Kong’s longest standing jobs board for many years, but felt that the value for money and customer service had deteriorated over that time. This meant they were open to a change.
10. How do you price your product?
The jobs board operates a pay to post model, whilst our SAAS lead generation and candidate matching tool is available on a subscription basis. We also offer customized data products which we price on a case by case basis.
11. What’s your business focus for this year?
Continuing to provide our users with best possible recruitment technology and user experience.
12. What is your favourite failure (and what did you learn from it)?
When I first interviewed for a place at Cambridge University, I was totally convinced I had aced the interview and secured a place. When I received the rejection letter, I was pretty shocked. I ended up taking a gap year, returned to interview again a year later and was accepted. I learnt many things from this experience. Nothing is done until it is done and you have to ‘roll with the punches’!
13. What’s one productivity hack you would recommend to everyone?
A shortlist or ‘to-do’ list application that is portable across all your devices. I use Wunderlist to neatly sync my tasks between my laptop and iphone. It’s simple but extremely effective for keeping organized and productive.
14. Where can people find out more about your product offerings and you online?
Rapid fire questions:
- Born: Birmingham, UK
- Marital status: Married
- School: King Edward’s Birmingham, UK
- First job: Nightclub promotions
- Favorite book: The Hard Thing About Hard Things
- Favorite Film: Gladiator
- Favorite Music: Ed Sheeran
- Favorite Gadget: iPhone
- Last holiday: UK for Christmas