How Artificial Intelligence is Impacting Recruiting

  8/28/17    Posted in Business Consulting IT Staff Augmentation News

The digital transformation is rapidly changing the talent acquisition process around the world. Today’s technology makes it possible for organizations to discover new insights, allowing them to transform their recruiting process to be quick, engaging and convenient. Businesses that use artificial intelligence (AI) to blend social, mobile, video and cloud technologies enhance prospective candidate’s experiences, allowing them to attract the top talent.

The Benefits of AI in Recruitment

A digitally enabled process can increase application rates, improve candidate engagement and build the candidate pipeline to shorten the overall time to fill. The digital transformation of talent acquisition is not just about technology automating and streamlining the application and hiring process, but about how companies are adapting and evolving the way that they deliver services.

Many organizations are shifting to a more proactive, consultative model. This approach has recruiters leverage insights and analytics to provide guidance to candidates and hiring managers. The ability to make these immediate recommendations allows a sourcing process to be adjusted or requirements of the position to be changed. This saves time in the process and allows recruiters to consult more strategically with the business.

When devising a new strategy for your business, keep in mind to:

  • Focus on the candidate experience: Offer access to convenient mobile channels to provide a streamlined application process.
  • Conduct research: Educate yourself on the latest technologies available to create an integrated technology strategy that provides a cohesive framework for how they all sync together to create a seamless approach.
  • Create a holistic model: Ensure that resources are aligned, define how roles will be structured, understand specialized skillsets required and identify how hiring managers should interact with candidates.
  • Define actionable insights: Leverage talent analytics to better understand who your organization’s ideal candidates are and attract them.

Adapting to New Recruitment Technologies

Virtually every type of industry worldwide has transformed their business practices in the face of new breakthroughs in connectivity and how people work. Embracing new trends of the digital age will only reach their full effectiveness when a collaborative culture is established. Cross-functional learning and creating spaces for motivated talent to make empowered decisions are vital to embracing new business concepts and technologies in the digital age, like artificial intelligence.

There is a drastic inefficiency due to current manual recruitment tools and processes. From company job boards to applicant tracking systems, developments in artificial intelligence have created solutions to reduce issues and enable easier management of resumes and dealing with job boards that deliver low quality applicants.

Artificial intelligence programs, are increasing in popularity to help automate tasks including reviewing resumes, sending follow up emails, finding potential candidates and filling vacancies.

Chatbots help to improve responsiveness by streamlining the process of seeking jobs and hiring talent. These can communicate with applicants, provide immediate feedback, rank applications and schedule interviews. For example, JobBot plugs into platforms like Craigslist and Indeed to interview applicants as soon as they apply. Responsiveness fosters a positive relationship between candidates and recruiters, allowing for a positive impact on an organization’s customer relationship management.

Chatbots also help prospective candidates. For example, Yodas is a bot that analyzes a person’s skills and asks a series of questions. Based upon the answers, specific jobs listings are recommended to a candidate to apply for.

Over 46% of talent acquisition leaders state that their recruiting teams struggle with finding qualified candidates.

AI for candidate sourcing is technology that searches for data that candidates post online. This information includes things like resumes and professional portfolios. This allows recruiters to identify passive candidates that match specific job requirements. This streamlines the sourcing process because it searches through multiple sources of candidates.

Over 70% of resumes that an organization or recruiter receives are unqualified, which means identifying qualified candidates can be extremely time consuming.

AI for screening is designed to automate the resume screening process.?This type of intelligent screening software adds functionality to the ATS by using post-hire data such as performance and turnover to make hiring recommendations for new applicants.

The V-FITT System

VALiNTRY’s proprietary V-FITT system streamlines the hiring process, eliminates unnecessary stress and reduces costs for our clients. Leveraging this technology our team is able to identify the right candidates for your organization that match your specific requirements.

This system has aided us in growing our database with over 2 million unique candidates and acquiring over 6,000 resumes daily. Utilizing V-FITT, on average, our team is able to supply organizations with candidates that fulfill their requirements within 72 hours.

Fueled by artificial intelligence, cloud computing, real time analytics and digital marketing, V-FITT focuses on four types of candidates:

  • Passive: A candidate isn’t looking for a job, but have skills that match requirements for a job posting.
  • Active: A candidate has recently posted their resume on the internet.
  • Interested: A candidate applied to one of our positions.
  • Referral: A current or recent employee of our organization recommends a candidate.

More than 45% of VALiNTRY’s hires come through applications on our website, which is among the best in the industry allowing our team to find your business the best candidates, quickly and easily.

Revolutionizing Recruitment

Experts are predicting that AI will revolutionize recruiting and it has already begun. Tedious and time consuming tasks will become streamlined allowing the recruiter role to become more strategic. Artificial intelligence will help with improved KPIs including higher quality of hires and lower turnover.

Artificial intelligences helps to:

  • Improve efficiency: Recruiters can focus on more important tasks to find candidates more quickly.
  • Remove human biases: Some recruiters can have a bias towards specific, words or even phrases in a resume.
  • Allow recruiters to direct their focus on revenue: Artificial intelligence completes the sourcing and initial contact
  • Offer a better experience: Recruiters can invest more time developing a relationship with candidates

Although many recruiters may have trepidation when it comes to artificial intelligence being incorporated to their roles, it ?is important to remember that technology is here to help. There are many types of artificial intelligence technologies that can be leveraged to aid your organization. Determining the best programs to use is dependent upon your specific challenges. When utilized correctly, artificial intelligence can accelerate the hiring process and increase the success of recruiters, just as it has for VALiNTRY. If you’d like to take advantage of our system, contact us today.

Beginning Your Digital Transformation

  8/23/17    Posted in News

The digital transformation, it seems as though every keynote, panel, article and business across the globe are discussing it.

The movement known as the digital transformation is the integration of technology into all areas of a business. This results in core fundamental changes in how a business operates and delivers value to customers.

Companies rise and fall for many reasons and digital disruption is responsible for a large percentage of this.

Since 2000, research shows that nearly 50% of companies in the Fortune 500 have either gone bankrupt, been acquired or ceased to exist as a result of digital disruption.

Author, Greg Verdino, states “the digital transformation closes the gap between what digital customers already expect from an organization and what analog a business actually delivers.” To successfully transform into a true digital company, an organization must focus on what businesses that undergo digital transformation may expect to achieve.

From leadership to differential thinking and the increased use of digital technologies, at its core the digital transformation encourages innovation and supports new business models. Incorporating digitization of assets and an increased use of technology to improve the experience of your organization’s employees, customers, suppliers, partners and stakeholders.

Why your business should begin its digital transformation:

  • Your competitors are doing it: According to the Forrester Research Report, executives predict that by 2020 over half of their revenue will be from digital initiatives.
  • Your business will become more profitable: Companies that understand the benefits of the digital transformation are 26% more profitable than their competitors, according to the MIT Center for Digital Business.
  • Your organization will become more efficient: Nine out of 10 IT professionals claim that legacy systems are preventing them from fully incorporating the necessary digital technologies to help future growth for their organization.
  • Your customers will thank you: From home security to online shopping, most consumers have already adopted digital technologies, businesses that evolve with customers will experience continued success.

The Building Blocks

A digital transformation is different for each organization and is based upon their needs, challenges, customers and employees. From examining case studies, there are a few consistent elements in most businesses digital transformation which include:

  • Customer experience
  • Operational agility
  • Work enablement
  • Culture and leadership
  • Digital technology integration

Defining Organizational Culture

Culture is another key component to consider when planning a digital transformation for your business. Companies are no longer creating software or running IT for cost savings and operations. Instead, IT has become the primary driver of business innovation. Embracing this shift requires everyone in the company to rethink the role and impact of IT in their day-to-day experience.

Bryson Koehler, CIO of The Weather Company, says, “There is a very different?at work when you take IT out of an operating mode of, ‘Let’s run a bunch of packaged solutions that we’ve bought and stood up’ to ‘Let’s build and create new capabilities that didn’t exist before.’ If you look at the vast majority of startups, they’re not starting with giant, shrink-wrapped software packages as the base of their company. If you’re trying to create innovation inside of a large enterprise then you shouldn’t start with that either. You’re not here to run the mainframe anymore. You’re not here to run the servers. You’re not here to run the data center, or the network, or operations. That is table stakes. That’s what you can outsource.”

Although IT plays an integral role in a digital transformation, for an organization to be successful in this endeavor, everyone within a company must be onboard will to implement and adapt to these new processes.

The digital transformation transcends technology. It is about people, culture and then it is about collaborating with these new technologies.

As an organization, VALiNTRY focuses on:

  • People Service: Enriching and serving our clients, our employees and one another.
  • Accountability: Being accountable and responsible to maintaining commitments and providing results.
  • Teamwork: Working to support our team for the greater good of the organization and our clients.
  • Honesty and Integrity: Doing the right things, the right way.
  • Innovation: Pushing beyond our comfort zones to seek new solutions for our business and our clients.
  • Transparency: Always providing reasoning and outcomes to our clients and employees.

Focusing on these core values has allowed our organization to successful evolve by leveraging the latest technologies for our own digital transformation.

A large component of the adoption of digital transformation is technology. However, another aspect is also eliminating legacy technology and outdated processes. Take for example the federal government. The federal government spends of $80 billion on information technology each year. Over three quarters of that budget is spent maintaining legacy systems.

Although it’s the 21st century, surprisingly in the healthcare field, 90% of hospitals still use pagers. To maintain these legacy paging services, hospitals overpay by 45% every year.

Most CIOs spend a majority of their budget on existing IT concerns, not able to fully focus on new technology initiatives. However, in order to evolve, they must understand the importance of leveraging technology to increase efficiency.

Trends impacting the digital transformation include:

  • Artificial Intelligence: To schedule a meeting, it takes humans approximately 17 minutes. Virtual assistants cost less than $100 per month. Soon, virtual assistants will have the ability communicate and negotiate even faster than humans.
  • Contextual Insight: Sensors and embedded devices are becoming common place within an enterprise generating large amounts of data. If not managed properly, this data will be rendered useless. This information should be consolidated to help an organization.
  • Security and Identity: Security and identity management actually do improve user experience and productivity. A lack of security can minimize productivity and as more information is continually shared, the proper security processes must be put into place.
  • Augmentation: Augmented reality helps information to be shared throughout an organization. Augmentation will soon be extended to larger groups, enabling multiple users to access information almost instantly. It will me more dramatic, contextual and adjacent information will be presented, all in real time.
  • Orchestration: APIs and orchestration are critical to increasing agility and creating new intellectual property for reuse.
  • Connectivity: Satellites and wireless technologies are allowing for increased collaboration within organizations.

Start Your Digital Transformation Today

The team at VALiNTRY has the expertise to help guide your enterprise and enable your digital transformation to begin. A digital transformation must build upon the basis of a digital operating model to ensure alignment among all initiatives. From operational excellence to customer experience and product leadership, our team will ensure that the proper steps and procedures are implemented to develop ecosystems as partners and ensure success. As a result, your business will be more aligned with customer demands and resilient in the fast-moving digital future.

Contact us today to begin your transformation.

VALiNTRY Joins the Ranks of Inc. 500

  8/16/17    Posted in News

Founded in 2013, what began as a one office start-up, with a handful employees has transformed into a multi-million dollar, nationwide corporation with over 50 employees.

In the short time frame of five years, VALiNTRY has been honored with the distinction of joining the elite ranks of Inc. 500.

Created in 1982, Inc. 5000 is an annual list of the fastest growing private companies in the United States. As an expansion of the brand, Inc. 500 was developed, ranking the top 10% of the country’s top 5,000 organizations.

This year, VALiNTRY is proud to be recognized as number 142 on the list nationally and number 10 in Florida. ?Now as an honoree, our organization has joined the ranks of other winners including Halo Top Creamery, Bitly and OrangeTheory Fitness. With past winners ranging from Oracle to Under Armour and GrubHub, we are excited to have our business held in such high regards.

Led by fearless leader CEO, Daryl Dixon, one of the core foundations catapulting the quick and sustained success of VALiNTRY is our core values. Role model organizations such as Disney, Apple and Southwest Airlines continually inspire VALiNTRY to put our customers first. Our team understands the importance of empowering employees and removing barriers that disrupt the ability to exceed expectations.

Our core values are:

  • People Service: Enriching the lives of our clients, while serving them, our employees and our team members.
  • Accountability: Being accountable and responsible to maintaining commitments and sustaining results.
  • Teamwork: Working together continuously to support our team, yours and the greater good.
  • Honesty and Integrity: Ensuring that everything is done correct, the right way.
  • Innovation: Pushing beyond our comfort zones to seek new solutions for our clients and ourselves.
  • Transparency: Sharing the results and outcomes of all of our efforts with our team and clients.

Inverted Organization Structure

The green upside down triangle and lowercase “I” in our logo is more than just a symbol, it represents a way of life at VALiNTRY. The lower case I deemphasizes the individual because at VALiNTRY we win as a team and we lose as a team. This mentality has allowed our company? and employees to succeed. The upside down triangle, represents our unique inverted organization structure. Clients, consultants and contractors always become ourselves, with management at the bottom of the priority list, here to support their team.

Identifying and implementing these core values has also allowed us to receive recognition from the Orlando Business Journal as a “Best Place to Work” and have been awarded the coveted “Florida Companies to Watch by GrowFL.

The Origin of VALiNTRY

Valor: Great courage in the face of danger, especially in battle.

Our organization’s name, VALiNTRY was derived from this noun. CEO, Daryl Dixon and cofounders chose the name to represent the resiliency of their, at the time, new found team.

One unique aspect of VALiNTRY is that the cofounders who built the organization previously worked together. At these companies, they fought operational complexities, dated technologies, increased regulations and the rising costs of doing business. With solutions constantly falling short, they came together to collaborate and begin VAliNTRY.

A founder of Reflectx in 2001, Daryl sold the company in 2006 and worked with Maxim HealthCare until 2006 where he then again, sold the organization however, he continued to work with the business for a few years afterwards.

Reflectx was a web based company that utilized the internet to sell and recruit across the country. Here, founding partner and CIO, Steve Wise, built an intranet system so robust he was recognized in CIO magazine. Steve built this system, NovaNET, a high-tech command center than filtered and translated data every day, to over 1300 locations across the country. This innovation was the first time that Daryl had witnessed technology truly supporting business processes. The new technologies constantly being developed and the innovation that had just been displayed with NovaNet, was the catalyst for Daryl to collaborate with fellow cofounders and begin VALiNTRY.

One thing that became apparent to Daryl with all of his ventures was that technology streamlines everything. Daryl’s motto is, if there are certain technologies that have the ability to improve efficiencies, we always invest. At the cofounder’s former companies innovation was always a trademark that has been carried through to VALiNTRY.

Since the beginning, VALiNTRY’s approach has been to utilize technology to manage systems like a fleet of boats instead of an aircraft carrier. Daryl has always believed that one aspect of innovation is having the ability to plug and unplug technologies systems to help support business most effective was possible. He felt that there were few companies that understood the catalyst that technology within the company was to improve profitability and success. VALiNTRY team members are fighters against technical obsolescence. Many companies are hamstrung by technical obsolescence, where their systems aren’t able to keep up with other businesses. Instead of these organizations becoming a resource to clients to improve efficiency and profitability, they have actually become a liability due to their failure to invest.

Because of these relationships that VALiNTRY has built and due to our core values and innovation we have become trusted advisors for our clients. Our team is truly working to help our clients ensure continuous success.

Looking to the future

Looking to the future VALiNTRY’s next goal is to reach over 100 million in revenue while continuing to provide services with our core values functioning as the backbone of our organization. The core group of cofounders have all worked for large, publicly traded service companies. Leveraging this experience has helped create the foundation for VALiNTRY’s practices.

Cyber Security for Small Business

  8/7/17    Posted in Business Consulting IT Consulting Microsoft Partner Network Security
VALiNTRY Security Consulting Services

Protecting your Small Business from Cyber Attacks

What would happen if a hacker launched a cyber attack against your business? The answer is all dependent upon your security. Taking the necessary precautions to protect your business is crucial and the VALiNTRY team is here to help.

Over 40% of cyber attacks target small businesses. Hackers don’t always like to go after the big fish in these situations. Most larger organizations understand the importance of investing in cyber security, so their wall of protection is more advanced and acts as a deterrent. Small businesses are actually drawing additional attention from cyber criminals because many times they don’t have the same level of security that a larger firm can afford. Cyber security is a practice that requires consistency, which can be difficult when human interaction is involved.

Your business has exactly what hackers want, employee and customer payment information. If your system isn’t secure, cyber criminals can easily gain access to everything from credit card information to social security numbers. Every business is at risk, but smaller organizations are usually the most vulnerable.

The top 7 security threats to small businesses

Microsoft Security Response Center conducted research on recent cyber attacks which concluded that the average time for infection or exploitation of an unpatched node on a compromised network is as little as 90 seconds.

Although it may be easier for larger organizations to bounce back from data breaches, small to midsize businesses don’t always have the same resources. This means that it is important to protect your organization, employees and your business with the proper IT security.

Some of the top threats include:

  • Growth of mobile malware: It is now easier for criminals to develop and deploy malware onto mobile devices. Businesses routinely use mobile devices, which makes them an easy target for hackers.
  • Data theft from Internet of Things (IoT) devices: Apps connected to the internet with no security makes this specific type of cybercrime easy. Negligence over security measures increases the chance of lawsuits against manufacturers.
  • Extortion attacks from stolen data: Recent successes from extortion efforts has increased the likelihood of additional threats of data details being publicized.
  • Ransomware on the internet: Poorly secured IoT devices are often targeted by hackers who place ransomware on them. These attacks are becoming more advanced, many times completely locking out users.
  • Hacker mercenaries: The dark market attracts many people including mercenaries that understand they can sell access to hacked systems to multiple parties. Often times they resell information stolen by others and post it on sites, this data can be sold and resold.
  • Stolen data aggregation: Many times, hackers will aggregate data from smaller businesses to increase its value. Since these companies are easily targeted, they continue to be hit.
  • Your employees: From making poor password choices to bringing their own devices to work, your employees could be inadvertently exposing you to an increased risk.

Unaware employees, increased security risks for small businesses

Many times, employees don’t understand the security risk that they pose to the organization. At a recent Microsoft Partner Conference, Brad Smith, Chief Legal Officer, said that there is always one employee that is going to click. Despite how careful and diligent your employees may be, this statement is very true. Some employee threat risks that are becoming increasingly concerning include:

  • Passwords: Taking the easy route with passwords increases the risk of a security breach
  • Phishing scams: By unknowingly clicking on a link, opening a document or downloading a file, malware could be introduced to your system.
  • Mobile Devices: Having no security plan or MDM policy in place within your organization means that many times employees will bring their own devices to work which can increase the risk of a breach.
  • Physical Threats: Leaving devices unattended and accessible or writing down passwords can increase the risk of a breach.

When it comes to security, employee education is key and it all begins with Penetration Testing. Penetration testing, also known as a Pen Test, helps to identify vulnerabilities and evaluate the security of an organizations IT infrastructure. From operating systems and services to application flaws and improver configurations, this test helps to exploit risky end user behavior.

Pen test are usually executed by using automated or manual technologies to intentionally compromise an organizations servers, network devices, end points, applications and wireless networks. These technologies successfully exploit risk areas and testers attempt to use the compromised system to launch subsequent exploits. This entails trying to gain access to higher levels of security clearance and other information from privilege escalation.

Once this data has been collected, IT and network system managers help evaluate the information and help train the businesses employees or how to reduce vulnerability risks.

Pen Testing allows an organization to:

  • Manage vulnerabilities
  • Avoid network downtime
  • Meet regular requirements
  • Avoid fines
  • Preserve image
  • Retain customer loyalty

Your business has the option of hiring a pen tester to test your network or purchase penetration software. These analysis’ should be conducted consistently and whenever:

  • New applications or network infrastructure is added
  • Upgrades or modifications are applied
  • New office locations are created
  • Security patches are applied
  • End user policies are modified

There are three types of tests that can be conducted, comprehensive, application and wireless.

  1. Comprehensive penetration tests simulate a situation where an attacker is trying to gain access to assets by exploiting security weaknesses that exist across multiple systems.
  2. Application penetration test, evaluates an organizations custom web applications including antivirus, embedded applications and games.
  3. Wireless penetration tests involve security evaluations of standard corporate WiFi networks to assess the need of specific wireless solutions.

 

Do you need VALiNTRY’s Security Experts to Help your Small Business? Contact us today to learn more.