Sifting through piles of resumes and cover letters to screen candidates for potential job positions in the financial sector was challenged in 2011 by Arjun Kapur. He holds a Masters degree in Business Administration from Stanford University. Following graduation from Stanford University, Kapur worked in the financial services industry. He observed the ongoing result of the shortcomings from traditional hiring practices. For example, the time required to review resumes, cover letters, conduct interviews and file administrative decisions. This may take a investment manager away from the important business matters of a given day. He thus, founded what has come to be known as GoBuyside, which initially served the financial sector by using technology circumventing traditional hiring strategies. These include internet job boards, candidate tracking and artificial intelligence. Of note, artificial intelligence and candidate tracking are felt to help implement the screening process to determine a candidate’s suitability for a particular position with an employer. Some degree of transparency not available in resumes and cover letters is more available in Kapur’s business model not only for the personnel office but also for the job candidate seeking a given position. Kapur attributes the success of GoBuyside to the aspect of transparency. Read this article at Accesswire.
GoBuyside Highlights the Rising Importance of Technology in Talent Recruitment and Selection https://t.co/iDAwY7PfSO
— GoBuyside (@gobuyside) April 6, 2018
GoBuyside is involved with investment companies and private equity firms across north America and internationally. Since its founding, it has served over 10,000 firms in its relative short history.
Arjun Kapur is said to have used a client-centered approach in building the service model of GoBuyside. Rather than perform a function for the client only, the company identifies the specific goals the client has in mind, partners with that client around those goals and seeks to establish criteria for meeting those goals. Along with transparency, Kapur believes this too has helped GoBuyside establish itself in the financial sector.
Artificial Intelligence, candidate tracking, internet job boards, transparency, client-centered service are hallmarks of GoBuyside and its track record. So too, the internet has evolved substantially in its nearly 30-year history. Kapur sees innovation in software aimed to improve recruiting as well as artificial intelligence as of significant benefit to employers and employees in the long-run. It can help assemble the information in such a manner so to give a more complete picture of an individual candidate portfolio: interests, strengths, skills, temperament and perhaps bio-rhythms. Overall, this may help ensure a suitable match between job candidate and employer. Though in its infancy in many respects, the future seems ripe with promise for a company like GoBuyside. Follow GoBuyside on Facebook.