081124 Recruiting Market Links (Nov 24, 2008)

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081124 Recruiting Market Links (Nov 24, 2008)

Topics: All, Daily Links, John Sumser, JohnSumser.com, by John Sumser

Thought For The Day: “When I think about what’s really going on in this “lost decade” it occurs to me that we are finally witnessing the impact of the end of the industrial era and the emergence of the information era. That’s not to say every “information stock” has done well. Intel and Microsoft have been a disaster. IBM and HP are down for the decade to date. But we also have to realize that the late 90s drove all information stocks up to crazy levels in anticipation of exactly this shift taking place. The market got it right, but as usual it overshot.” Fred, A VC

Facebook Getting Serious About Classifieds; May Relaunch This Year
The real question is whether content or advertising comes first. When ads are the way to monetize the core business, the ads get short shrift. Seems to me that early day advertisers became newspapers and not vice versa. My vote remains with the Jobing model. Build the ad base and then the content base.
Small Is The New Big On The Way To Hyper-Local
Intimacy is the catch phrase in the post crumple economy. Local is grassroots up, not top down. As the idea of “too big to fail” bites the dust, the more fragile and vibrant micro-economy is where the action is. The big market recession is not inherently matched with a local market phenomenon. The local niches remain discrete and dependent on local economics.
Watching the Times struggle (and what you can learn)
Hitting home runs is nice. Eating regularly is nicer. The New York Times is rapidly waning in influence because it swings for the fence. Here. Seth Godin offers a long set of solutions. He gets it right when he notes that the Times is local and an advertising platform. It seems like the folks in New York forgot both of those things. Now, salvation has to come from rebuilding. The lesson? Start over quickly and don’t grasp at your history.
Digging Into RecruitingBlogs.com v1.26
You gotta love anyone who uses the word Borborygmus.
Gen Y Boosters Are Dumb
God loves the Animal. The Animal, however, has a bug up his behind about Gen Y.

About the author

John Sumser

John Sumser is a principal analyst for HRExaminer, an independent analyst firm covering HR Technology and the intersection of people, tech, and work. John’s mix of experience over the course of his career gives him a broad and unique perspective on the industry. Like anyone trying to process a lot of information, he is two or three steps ahead in some areas and still learning about others. Sumser’s work includes deep research into the nooks and crannies of HR Technology to identify and explain rapidly evolving trends. Built on a foundation of engineering, design, and philosophy, John’s seeks to understand and advise clients on where their technology works best, for whom, and in what context. Each year, John examines the insides of hundreds of companies, their products, and ecosystems. He delivers vendor analysis by building the framework from which to deliver the critique. He is constantly connecting and making visible the front end of change. He can help you see the path of evolution and the risks on the journey. The HRExaminer is Sumser’s vehicle for understanding and explaining the inner workings of the industry. With three weekly podcasts, and written commentary, he covers emerging ideas, the state of the industry, and the executives who operate it.

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