Archive for June, 2011

Box of Surprises

Wednesday, June 15th, 2011

World’s largest video sharing site and the second largest search engine, YouTube, launched its Hindi movie sharing site, YouTube Box Office where movie buffs can watch premium Hindi super hits every month, without having to pay anything. The service was launched with the surprise hit of last year, "Band Baaja Baaraat."

Box Office

Click on the Image to play the video

Now Showing

YouTube Box Office allows Indian viewers to watch the new and popular Bollywood movies in full HD (1080p) for free, and all you need is a decent internet connection. YouTube will collaborate with its partners in India on a revenue share basis. Intel will be the exclusive presenting sponsor for the channel.

YouTube hopes the initiative will help draw more viewers for their premium and exclusive content. Apart from the expanding its popularity, the video sharing network also aims to create opportunities for marketers.

                                          ipl-youtube-ipl3tickets-282x300

IPL helped YouTube generate major revenue

The video giant made inroads in the country with the web telecast of the IPL tournament in 2010. The cricket crazy nation lapped up the dosage in full scoop. This has galvanized the YouTube think tank to foray into the other passion of the country, movies.

A recent screening of the hit movie Dabangg garnered 1.3 million hits on YouTube, highlighting that the platform has hit a golden formula in the country. With the Indian market ripe for the picking, the site wants to gain as much as it can through Indian films.

            Dabangg-Salman

Super Hit Formula

The service will be ad-supported. With film makers looking to recover maximum cost even before releasing the film through selling the rights, this is just another medium for them to get as much as their product has to offer. This gives brands another opportunity to ride the success train of a film and put their ads during the airing of the film.

As many viewers are cautious about the level of advertising in the ad-sponsored Box-Office, YouTube has assured that the sponsoring companies would get their chance to showcase their YouTube videos and promote contests/campaigns tactically without much interrupting the movies.

Intel

Contest and Promotions administered through YouTube Box Office

This not only gives them the chance to link their YouTube channel to the Box Office channel but also insert captions that would run throughout the length of the film, giving enough exposure to the brand, unlike ads on television where only specific time slots are allowed for ads.

Impact

Many believe the move is certainly going to stiffen the competition in the online movie streaming business in India. Considering the growth in broadband penetration and improving internet connectivity speed in the country, online video browsing is going to be more fun and lively. It is expected that several more prominent names in the business are going to enter the Indian market in near future. This will create bigger and more engaging platform for brands to advertise through their channels on YouTube and other such platforms.

Bloggerati of the Fortnight: Ranjan Varma

Wednesday, June 15th, 2011

RanjanRanjan Varma has over 17 years of work experience in Insurance, Housing Finance and Investment industry with LIC. A topper in Physics Honors examination way back in 1990s, Ranjan did an Executive MBA (Finance) in 2008 from ITM. He has also built a very informative personal finance portal at personalfinance201.com along with a financial websites rupeemanager.com. Ranjan Varma actively blogs on www.ranjanvarma.com

His Blog started as an effort to understand his own finances. According to Ranjan he wanted to share his learning on personal finance. The first thing he wants the world to know is that it is not rocket science and can be easily understood by a lay man. Ranjan states “I am trying to build a module for a personal finance workshop where people can start taking responsibility for their finance.”

Ranjans dedication towards the blog and the cause is apparent when he states, “There’s a question that doesn’t leave me alone, “What can you offer the world that no one else can?”. It’s a pretty tough question. Maybe this blog will help me with finding the answer. In any case, I believe that I can be the medium which can change the way Indians manage their money!”

What’s more, Ranjan has also developed a software RupeeManager, that helps in tracking and managing ones money. Not only that, the software is also available as an online application. He conducts money management workshop which improves ones capabilities to make financial decisions. He proudly states that this workshop can be conducted on ground and online. Well, even we are proud to state that for all this and more, Ranjan Varma is our “Bloggerati of the Fortnight.”

Read more from our “BLOGGER OF THE FORTNIGHT” series.

Applying Social Media for Recruitment

Wednesday, June 1st, 2011

A Human Resource personal’s most important task is to hire best available talent for a position that will lead to substantial growth of an organization. Indirectly, the HR role becomes as significant as any other department. Earlier, industry contacts and expertise were the best methods to locate a perfect match. But today, things are a little different.

Changing Playgrounds

While contacts are still very important source for finding a key member for a team, recruiters are also looking to social media and finding success in spotting the right person to hire, regardless of the type of organization or industry they work in.

 

                    Company

(Source: http://goo.gl/xCUAo)

 

Whoever you may be, a job seeker, a professional recruiter or an organization looking to hire, and wondering if social media can help you hire, the answer is Yes! International entertainment giant TiVo reported an 11 percent increase in referrals thanks to social media tools like LinkedIn. The company has also made job opportunities “portable” so that anyone can post, direct message or update their status across major social media platforms.

Improving the Game

What is more, specific job searching tools on social media platforms have also been introduced. This is just an indication of how serious this phenomenon is. TweetaJob is a tool that uses targeting technology to tweet jobs which match the location and career interests of job seekers. This comes out of the fact that just as candidates don’t want to be contacted with irrelevant positions, organizations don’t want their openings to be overwhelmed by other offerings.

 

TweetaJob

TweetaJob Tool for Twitter

 

Where to Play

While such tools are being developed across social media platforms, many recruiters struggle with the options of various social media platforms itself. Which platform to use is something everyone wants to know? While it is obvious that LinkedIn is the global playground of professional and an obvious choice for recruiters and job seekers, one cannot rule out the usage of other platforms. With social media, everyone has a particular platform that they are most similar with and vocal on. Someone on Twitter may well be as much the right choice even of s/he is not on LinkedIn.

 

                      Jobvite_social_media

(Source: http://goo.gl/xCUAo)

 

Going Global

Another advantage of using social media tools is their global potential. One post can reach across the globe in matter of seconds thus giving a healthy exposure to your requirement as well as your organization. This works at two levels. First, an economical way of hiring from across the globe with proper background knowledge about the candidate. Second, the talent is rechargeable and in infinite quantity if you know where to look.

Hidden Benefits

While there are benefits of recruitment through social media which are evident, there is another benefit that comes as a part of the process. Through the usage of Social Media for recruitment, organization tends to build a better relation with people. Since it’s an interactive medium, the recruiter and the candidate engage in one on one conversation thus making it more conducive to a positive result.

Get into the Gear

It may be pointed that while the hiring manager looks for the right candidate, having the right profile too is very important. A complete profile with a display picture and all the professional details on LinkedIn acts like a digital resume open for anyone looking to hire. Similarly, a good twitter interaction can help in showing your charming personality to potential recruiters.

 

linkedin-profile

Complete Profile on LinkedIn

 

Conclusion

While it can be said that in no ways, Social Media Recruitment can be the only method of recruitment in an organization, but it can surely be one of the most viable method to contact people who can fit in to the company. In a survey conducted by us, we found that 48% of the respondents have been contacted for jobs via different social media platforms. Of these, almost all had an offer made to them via LinkedIn and few of them even had offers through Twitter and Facebook.

 

FB Poll

 

Facebook Poll (above) LinkedIn Poll (Below)

 

LinkedIN poll

 

Thus, it is safe to say that although Social Media recruitment is yet not mainstream process, it is surely gaining popularity. And no one platform can cover all the possibilities that you can avail of.

Bloggerati of the Fortnight: Sanjay Lakhotia

Wednesday, June 1st, 2011

Sanjay LakhotiaSanjay Lakhotia is a management graduate from XLRI with more than 15 years of experience of working in human resources area. He has worked for more than 13 years in consulting where he has helped clients in various issues of HR including HR Strategy, change management, organization restructuring, leadership development and coaching, capability development, performance management, rewards etc.

Sanjay currently undertakes assignments as a free lance consultant helping companies with various aspects of Human Resource interventions including program design, competency development and soft skills training. He is also a top rated HR Blogger with his blog “Simple thoughts” being amongst the best in the country on the subject.

Tackling issues such as leave policy may put him in a spot as most HR departments try hard to justify non-granting of leaves, Sanjay on the other hand is an advocate of simple HR policies starting from leave system in an organization. Not only does he give a simple solution to a complicated problem, but also makes sense of many complicated issues.

He also provides uncanny lessons in HR through real life happenings. His post on Leadership Learning from Dhoni speaks a volume not just about the cricketer but also how clearly Sanjay can draw a parallel between HR theories and real life. It is this quality that has put Sanjay on the list of visiting faculties in many premier institutes. In fact how much he enjoys teaching is evident from his comment

“My suggestion to everyone who wants to learn or become better at his / her subject will be to try teaching a course on that subject. Because I believe from my first experience, that to TEACH is to LEARN.”

Sanjay has for always shown this hunger to learn. He believes that people can get better by making things simple. His own assessments of issues in his blog posts are very simple and that helps his reader to learn better. It is this simplicity that simply makes Sanjay Lakhotia our “Bloggerati of the Fortnight.

Read more about our previous Bloggers of the Fortnight.