Hiring by referral

Recruiting through refreal is being used more and more each day. Companies around the US, especially in the financial industry, gives some kind of compensation to their employees if they recomend someone and gets the job. This is a win win situacion for everyone. Employees want to network and meet as many qualified people as possible in order a job comes up. These employees do not want to refer a person that is not qualified because they will loose credibility with the human resource department and they will make the person they refered waste their time.

The first and main goal of a person seeking employment is to get an e mail or a call to schedule a prelimenary interview. There are numerous ways to get your resume into human resources, but in my opinion, there are some better than others. In most companies, you can submit your resume through their websit. You can also mail your resume inn directy to their human resource department. The most effective way I believe you can make your resume get there is by getting a current employee from the company to take it personally to the HR deparment. It will help a lot if he stapes a recomendation letter to your resume.

The grand majority of friends that have gotten a job in New York City is through recomendations. I haven’t heard from anyone that has been called to get an interview that posted their resume on the company website. What I am trying to say is that it is very important to network and meet people. You never know if you are going to need them in the future. You might not, but I am sure some esle will in the future and you are going to refer them to that person.

EPIC 2014

I watched the EPIC 2014 documentary and I found it very interesting. It talked about how in 2014 Google could use its Google Grid to collect news from its users and somehow give it back. Because the information and news is coming from the consumers, the news that is tailored back could be untrue. This would be called Epic.

I wouldn’t say that Epic is something to look forward to. People want to be well informed of what is happening on a daily base and people are willing to do anything for good, up to date and reliable information. I do not believe Epic will share reliable and trustworthy information, therefore I felt kind of scared when I saw the video.

This Epic idea could really happen because of the fact that people are relying each day more and more on the internet to read their news. That is why probably most of the world newspapers are posting their news online for their subscribed readers to read.

I wouldn’t have any inconvenience of media companies consolidating and becoming one huge media corporation if the news they are sharing is true and up to date. A problem with this scenario is that this could lead to a monopoly in the media services which means that they could have the power to manipulate the general public. Epic could turn into one of these monopolies. I know this sounds kind of drastic, but this has happened and this is something to watch out for.

Virtual Meetings

Less than 20 years ago meetings had to be scheduled way ahead of time to ensure everyone was present at the same place. Now, due to globalization and technological developments, virtual meetings and accessibility have made Virtual Team more popular in nationwide and international businesses. This way of working together has become a lot more efficient because people do not need to travel to other cities or countries to work on a project. It also decreases the overall costs for companies and bussineses. Another advantage is that teams of people can be formed despite large distances between its members. Distance does not become an obstacle for getting the adequate member. However, motivating people to work over long distance becomes more of a challenge. Team leaders have to be personal and being a good leader is more of a hassle. In my opninion, personal interaction is very important in working in a team.

I found a fasinating video on youtube. Cisco is having a Virtual Company Meeting.



Where is the technological trend going? Where are meetings going to be held in the future?

Business Networking

I completly agree with the quote "It's Not What You Know, It's Who You Know" and I strngly believe that one of the most important things in life is to have a good and reliable network.

I strongly believe in this because I recently had an experience that has something to do with this. I am a senior in college and I am activeley seeking employment in the financial industry. I applied to hundreds of jobs online and did not receive a follow up to any of my applications. I was shocked at the beginning because I believe I am very qualified for any of the jobs I applied. I have very good grades and have a ot of work experience in the industry.

After a couple months, I got tired of sitting and waiting for a response so I decided to take a different approach. I contacted people (Parents, uncles, cousins, friends, godfathers, etc.) that I knew have an extensive and reliable network in the financial world that could maybe help me get in touch with someone that could help me out. I got in touch with several people working in finance through my contacts. These people helped me out and got me an interview with their companies.

This example of mine clearly demonstrates how important it is to know people. I am glad I got to understand the importance of networking this early in my life because I am sure there are grown ups out there that still don’t have a clue. I know take advantage of any opportunity I have to go out there, meet people and leave a good impression of myself because you never know when you are going to see them again in the future.

I found a very interesting video about The Power of Networking. John Clark, President of LifeToSuccess.com, speaks about how important it is to network and how to make the best out of networking situations.