PRESENTATION

FOR

VIVA
Jaiprakash Sen
1

HPGD/JL18/1535
WE LOUNGE

2
 Mr. Neeraj Bhatia

Etisalat (UAE)
Head HR Planning & Recruitment

3
Learnings:
 His topics were broadly on Learning & development (L& D) aspects at Etisalat Company and the journey that has
evolve over the period of time. He talked about the days during his time when there was no hand holding and
counselling sessions for students.

 His interest in connecting people, conversations and passion with subject “Human Psychology” made him to
explore his career in Human resource. He was intrigued and astonish to see how at time a human being can be
simple and complicated the other time.

 Today’s youth questions “ Why and how” for everything that come to them.

 Positive disruptions in L&D: from classroom training to e-learning courses and now “APP” based training;
everything on fingertips.

 Another buzzword in L&D is “gamification”; Etisalat has in-house team that uses this technique to give great
learning and lessons to the employees through various games.

 He also talked about the cultural diversity that exists in UAE consisting of 115 nationalities and people from 16
countries.

 He spoked on how to face and survive in diverse environment that exists in UAE : Start fresh and its not magic,
4

journey will be up and down, get up and run, follow ethics and respect human beings.
 He stresses that it is easy to onboard the talent but it is tough to retain them.

 He told not to sell dreams, show the candidate true picture, nothing can shake them if they have objective in their
mind.

 Stop getting a foot in the door, Don’t take things which is dispassionate to you, wait for the right time, enjoy things,
don’t compromise.

 One should be careful about the policy, visa regulation applicable in UAE although there is “Happiness center in
Dubai” for assistance. One gets enough time of 90 days which can be further extended to 2 more months to search
suitable and matching profile.

 Strength of Etisalat Company: right product at right time with right people and in right market.

 Facing challenges from the likes of WhatsApp, Netflix etc. but Etisalat has more focused approach and providing
diversified service to customers like e-life at home, Home insurance etc.

 Personal views: try to be perfectionist, going home gives him immense satisfaction, “Singapore” is one
destination that he is very impressed due to its continuous growing trend.

 He is great foodie and believes in maintaining healthy life.

5

 If he would not be HR professional then for sure his love in “music” industry.
Mr. Sarang Panchal

MRSS India – CEO

6
Learnings:
 He spoked about his initial decision to pursue education which obvious was planned to become “Chartered
accountant” more aligned with the family profession but eventually it ended with unplanned MBA education.
 Eventually he landed in doing management in marketing field.
 His journey to venture in market research was not easy and they were about to bring something that no one has
offered.
 Todays research is not like conventional telephonic interviews or surveys it has come long way; one has to really
think through the business blended with use of technology with meaningful response expectation.
 Scenarios has changed it is more complex and complicated and one has to observe the people behavior in
different ways, interpret it, analyze it and then share the results through technology medium.
 They have tie-ups with lot of partners across the globe, the Indian client accepted the results given by us through
use of technology, which made us to establish.
E.g. Analyzing the behavior of consumer which cannot be quantified : A house-wife speaking for 2 hours on
phone, testing a website etc.
7
 We cannot expect a superficial answer to above scenarios and situation of consumer.
 The client is more interested in stuffs which are accurate, quick enough, rich, depth and at the same inexpensive.
 There is difference in Market research company and an consulting firm the later may have domain knowledge but
their focus is more on secondary data. Market research company on the contrary is more focused on primary
data.
 This industry over the period of time will only grow with advent of Big data analytics and the core internet network
on which it runs.
 Qualities needed to pursue career in market research:
 One needs passion, should get excited seeing number, ability to interact and analyze customer group etc.
 He recommends one should be self-starter with domain skillset along with positive attitude towards the work.
 Favorable conditions in the Indian market: More dependency on the various government projects in
infrastructure and “Make in India” concepts, which will only increase the number of new products, services and
automation across the industry.
 His Passion: Sarang has an attitude filled with excitement, passion and zeal towards this area which had made
him succeed.
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 He tells everyone not to stop learning because this is the basic and most important thing of successful people.
 Dr. Raviraj Ahhirao

Co-Founder
Spiritual Services Pvt. Ltd.

9
 “VASTU” in brief:
 Vastu is a “Meta Physical” science.
 It is a wonderful combination of Science and Spirituality.
 It is originated from the most Ancient literature in world.
o Veda is said to be the most oldest literature and “Sthapatya Veda” is a part of that.
o It’s sanctity is reflected in its long lived principles [More than thousand years]
 It creates a vibration, that makes the environment more optimistic.
 It has impact on each and every aspect of human life viz. civil, academic, corporates etc.

 PROPAGATION OF VASTU SHASTRA

 Dr. Raviraj Ahhirao is one of the prominent “Vastu” consultant in India.
 He is in this field for more than 15 years.
 His perseverance and dedication has spread “Vastu Shastra” across the Globe.
 He has major operations in India in the cities viz. Hyderabad, Andhra Pradesh, Karnataka, Maharashtra, Delhi and
global client base in Singapore, Australia and Africa etc. 10

 Response for “Vastu Shastra” from the clients is quite phenomenal.

Many Vastu modules have been developed by Dr. Raviraj viz. in sectors:
 Real Estate Business
 Academic careers
 Corporate Business
 Banking Business
 MSME Business.

Conclusion
 Vastu being a combination of science with spiritualism has great impact on human life.
 Now the scope of “Vastu” has broaden from common man to corporate and even banking industries.
 The core concept of Vastu is widely accepted by people across the globe. [e.g. Green Building Concept in US]
 The future of “Vastu Shastra” is luminous and it will definitely serve as a catalyst in spreading the rich literature of
India; indeed it is a boon to modern society.

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WE TUBE

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 1
START UP: The Emerging New way of Earning

By Arup Kumar Bose

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Learnings:
 A startup is an entrepreneurial venture which is typically an newly emerged business that aims to meet a
marketplace need by developing a viable business model around a product, service, process or a platform.
 A startup is usually a company designed to effectively develop and validate a scalable business model. Startups
refer to new businesses that intend to grow beyond the solo founder, have employees, and intend to grow large. 
History of startup investing
 After the Great Depression, which was blamed in part on a rise in speculative investments in unregulated small
companies, startup investing was primarily a word of mouth activity reserved for the friends and family of a startup's
co-founders, business angels and Venture Capital funds.
Startup development phase
 Formation - > Mission, Vision, strategy : Co-founder team formation, What, to whom? & Why and how ?
 Validation - > Lean startup : Minimum viable product, Validate / Iterate
 Growth - > Scale Up : Establish and strengthen

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Startup financial cycle
 For taking your startup to the next level, you should know which stage of funding you want to go for, for what
purpose. Such decisions made at the right time can be boon for your business

E.g. Mac Donald’s (1940), Wal-Mart (1962), Facebook (2004), Flipkart (2007), Ola cabs (2010)

Startup scenario in India

 As of Q1 2018 report $1.17 bn invested in 196 deals
 100th position ease of doing business
 37th position on the global startup ecosystem comparison chart
 90% of startup fails due to lack of innovation

Startup scheme by Indian government

 Self-certification regime, No labor inspection for initial 3 years, Funding support through fund of funds, Income tax
relief for 3 years and easy exit with proposed bankruptcy code.

Conclusion
 Way of startup is lucrative way to earn on your terms which helps to harness once’s creative power.
 How an idea seed’s in someone’s mind to full establishment and how capital acquired in different stages and how
government helping in the growth of startup.
 India is a place ideal for small cash flow business or a billion dollar empire 15
 2
The Basics of Micro finance

By Sujata Iyer

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What is Micro finance

 Supply of loans and other basic financial services to poor

 Involves small amount of money
 Different from the services provided by formal banks

Effects of Micro finance

 Helps poor households meet basic needs and protect against the risks
 Ability to cope with economic shocks
 Build financially self sufficient institutions
 Empowerment of women
 Better education
 Higher Income
 Creation of jobs
 Cohesiveness of the community
 Healthy competition
 Entrepreneurship

Myths
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 The poor too costly to reach and motivate, cannot be self-sufficient, will only add a debt burden to the poor.
Risks in Microfinance

 Entrepreneurial Risk (Business issues, Health issues and other issues)

 Field partner risk (Frauds, poor partner risks)
 Country risk (Economic, Political and Natural disasters)

 Fees and Service charges - Calculated on initial loan amount, Collected upfront etc.

Challenges

 Internal control systems, Supervision, staffing constraints and MIS

 Geographic dispersion
 Donor pressure

How is Microfinance a benefit to Investors

 Low default rates, High granularity, High standardization, High diversification, Low pre-payment risk

 Countries with success stories – Bangladesh (Grameen Bank , Cambodia, Colombia, Ecuador, Nicaragua, Peru,
Russia

Career in Micro finance

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 Community investor, Micro-financier, Non-profit or foundation executive, Social entrepreneurship

 3
Auditing and Assurance Standards
An Overview

By Leon Verdes

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 Learnings:

 By the audit process, the auditor enhances the usefulness and value of the financial statements, and also
increases the credibility of other non-audited information released by management

 A time of challenge and change – during economic boom of late 1990s and the early 2000s, accounting firms
aggressively sough opportunities to market a variety of high-margin non-audit services to their audit client
 A series of Scandals
o Enron, Parmalat, World com, Ahold, Lernout & Hauspie, Arthur Anderson

 Regulation –
 Self-regulation by the profession versus government regulation
 Stricter regulation and more public oversight
 International standards on more Auditing more comprehensive

 International Organizations that affect the accounting profession –

 IFAC, SEC, AICPA, EU, ICAI.

 Auditing standards serve as the guidelines for measures of the quality of the auditors performance

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 Standards on Auditing (SAs) – Example for 200-299: General principles and responsibility

1. SA 200 Overall Objectives of the Independent Auditor and the Conduct of an Audit in Accordance with Standards on

Auditing

2. SA 210 Agreeing the Terms of Audit Engagements

3. SA 220 Quality Control for an Audit of Financial Statements

4. SA 230 Audit Documentation

5. SA 240 The Auditor’s Responsibilities Relating to Fraud in an Audit of Financial Statements

6. SA 250 Consideration of Laws and Regulations in an Audit of Financial Statements

7. SA 260 Communication with Those Charged with Governance

8. SA 265 Communicating Deficiencies in Internal Control to Those Charged with Governance and Management

 Conclusion: Robust Audit is key to re-establishing trust and market confidence; contributes to investor

protection and reduces the cost of capital for companies. 21

 4
Absenting from Absenteeism

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What is Absenteeism?

 It is the failure of employees to report for work when they are schedule to work
 It is the time taken off work by the employees that has not been approved in advance by the management.
 It can be – Legitimate : genuine emergency or illness, Illegitimate : If “sick leave” taken for no apparent reason

 How it affects – Low morale, feeling of isolation, Poor results and productivity, Conflicts and poor relationship with
authority and colleagues, family

 Indirect affects – Chaos & Confusion, Non- observance of Rules by others , Anger and resentment – Drop in
production ->Poor wages

 Changing negative attitudes

 Expectations - Assertive, Two way, Focus on efforts
23
 Demand – Aggressive, One way, Focus on Results; Efforts?
 A job also satisfies other important needs:

 Social needs
• To meet and interact people
• To belong a group
• To excel at whatever one takes up
• Status

 Growth needs
• To be acknowledged and recognized
• To achieve ones goals
• To channel one energy and potential in a productive manner

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 5
900 to 90 lacs Lessons from my
Entrepreneurial Journey

By Rachna Narayan

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 To very business, it starts from one “Idea”

 Critical appreciation of business Idea

 Sleep over the idea, Discuss with friends and family, Do research, Analysis of you research,
 Scope of business, Growth of business,

 Will my business idea make money – Market analysis and Number crunching.

 Can you do it alone

 Are you comfortable taking partner or not

 Determine your start up team
 Incentivize your start up team
 Keeping a lean and mean team 26
 Implementation of my Idea

Business plan
Financial layout
Map your plan
Pilot project

 Challenges and hurdle

 Anticipated and non anticipated hurdles
 Think out of the box to overcome hurdles
 Believe in yourself and your idea during stress times
 Accept critical feedback

 Achievements
 Set realistic target
 Goal should be clear
 Celebrate smallest of achievements

 Future steps
 Expansion plan in place
 Put together a solid financial plan
 Identify different markets 27
 Identify different people who will help you grow
 Set a 3 year plan
NEWS WIRE

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1. Growth Potential for ‘MICROFINANCE SECTOR’
 

 As per estimates this industry will likely cross 22% by FY20

 Huge support from the investors will add on the growth who may infuse
equity Comparatively higher than the previous years (require approx. around
Rs. 3,500 to 4,700 crores over next three years)
 
 
What more require from MFIs to grow at 20-22 percent?

 There is a need for the MFIs to do a more involved and thorough credit analysis / assessment
of the actual debt repayment capacity of the borrower.
 Ensuring stringent group selection / elimination norms and adequate credit discipline at the
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borrower level.
 
What sort of risk that can persist in this sector?

 Vulnerable to income shocks

 Political interference

 Event risks

Struggle for smaller entities

 More than 90 per cent of the capital raised in FY19 was by the MFIs with AUMs of greater than
Rs 1,000 crore.  

 Larger entities have  been able to attract capital while the smaller less-diversified entities
continue to struggle on this front. 30
2. CRYPTO WALLETS: NOT JUST KEEPERS OF DIGITAL CURRENCY
 
 Definition

 A cryptocurrency wallet is a piece of software that keeps track of the secret keys
used to digitally sign cryptocurrency transactions for distributed ledgers.
 Better known as "crypto wallets," they are like the keys to the block chain car.
Without those keys, the car won't run. And without them, there would be no way
to prove ownership of a digital asset – anything from a bitcoin to a token
representing some kind of asset.
 
What a crypto wallet does -
 Not only does a crypto wallet (or more generically, a digital wallet) keep track of encryption keys used to digitally
sign transactions, it also stores the address on a block chain where a particular asset resides. If the owner loses
that address, they essentially lose control over their digital money or other asset  
 
Wallet Types and their security

 There are two main types of crypto wallets: hardware and software (also known as cold and hot storage wallets,
respectively).   31
 A cold storage wallet is innately more secure than a hot wallet because it's not connected to the internet.  
 
 
Beyond digital currency: other uses for crypto wallets

 While the vast majority of crypto wallet applications are used to store cryptocurrencies  such as bitcoin,
Ethereum, Ripple or Litecoin, the software can also store the keys to fungible and non-fungible digital tokens
representing goods, financial assets, securities, and services.

For example, a token stored in a crypto wallet could represent concert or plane tickets, unique artwork or goods in a supply
chain – virtually anything with a digital value attached to it. All distributed ledgers with decentralized consensus mechanisms
rely on the capability security model, which means possession of an encryption key – proven with a digital signature over a
transaction – authorizes the action the transaction represents. For things like a supply chain, they sign transactions that track
the asset being managed (e.g., electronic parts, raw materials, etc.)
 
Block chain “The FUTURE”

 In the future, a new, "trustless" global economy could be based on block chain and crypto wallets that enable
everything from individual financial or professional histories, tax information, medical information, or consumer
preferences to corporations maintaining employee or partner digital identities and controlling application
access.

 Digitized representations of traditional identity documents such as driver's licenses, passports, birth
certificates, Social Security / Medicare cards, voter registration info and voting records could also be stored in
crypto wallets, giving owners control over who has access. 32

 
3. MORE USERS WORLDWIDE ARE REFUSING TO SHARE

LOCATION DATA WITH APPS

 Mobile app users across the world are becoming more vigilant about what information their favorite apps
collect, according to a study done by customer engagement company ‘Airship’
 The company examined mobile app user permissions for about 700 million users worldwide to learn how
the industry was changing in response to the EU's GDPR law, which came into effect almost a year ago.
 Globally, the opt-in rate for the sharing of location data fell nearly two percent overall despite massive
increases in certain sectors, showing that users are more aware of which apps really needed certain data.
 When it comes to privacy, users across the world have become far more aware and targeted about which
apps they allow to track their location. Users now only share their location with apps that truly need it, like
restaurant services, and entertainment.
 Among 15 industry verticals, Entertainment shot up from the fourth to the second highest average location
opt-in rate. Food & Drink entered the top five for the first time due to rising adoption of mobile pre-order and
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delivery services among quick serve restaurants, the study stated
 Both of these industries, and the perennial location leader — Retail — illustrate the willingness of users to share
location data when it unlocks convenient, streamlined services that make their daily lives and out-and-about
experiences better.
 Airship said a number of different things factored in to why app use behaviors were changing. For things like
location sharing, the difference between Android devices and iOS devices is stark. Android devices generally
provide fewer opportunities to share your location and are more upfront about when an app can use the
information.
 Apple devices are more flexible, allowing you to share location data only while you use an app, something that
isn't offered on ‘Android devices’
 The study also found that an increasing percentage of iOS users are rarely, if ever, prompted to provide location
sharing data, showing that businesses were more aware of the implications behind even asking for it.
Businesses, according to the study, are realizing that the question sometimes turns users away, meaning they
really should only ask for it if it vital for the app to function

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4. HOW MANAGERS CAN BOOST PRODUCTIVITY
 Skills, personality traits, and practices of management may be the most important determinant of a firm’s

productivity, suggests a new National Bureau of Economic Research study by Achyuta Adhvaryu of Ross School

of Business and others.

 Based on a study of production line supervisors in Indian readymade garments factories, the authors show that

managerial quality plays a key role in production efficiency and the growth of a firm. In fact, they argue that it is

the differences in firms’ managerial practices that explain a substantial portion of the large productivity gap

between rich and poor countries.

 They single out middle managers, such as line supervisors, as especially important for more efficient production.

 And they argue that in many low-income countries, the quality of these middle managers is particularly low.
35
 In order to ascertain which managerial skills contribute the most to productivity, the authors match granular
production data from several garment factories in India to results from a survey conducted on line
supervisors employed in those factories. They find that the tenure of the supervisor, their autonomy, who they
controlled and the attention to their work all had substantial effects on productivity.

 However since many of these skills are intangible and hard to gauge in a managerial candidate, the job
market fails to reward these skills through higher wages and salaries. The authors find evidence that more
easily observable characteristics, such as industry tenure are better rewarded, while less observable
characteristics such as attention to work, are rewarded less commensurately despite their importance for
productivity. As a result, the authors argue that good managers typically tend to be underpaid.

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5. 11 TOP SUCCESS SKILLS YOU SHOULD LEARN TO SUCCEED
 No matter how qualified you are for a particular job, companies that are hiring constantly
have an eye for skilled people. This is because qualification will only define the
knowledge that you have gained in a particular field be it engineering, accounting or
medical sciences.
 
 But a person’s skills reflect their character traits. Skills again are of two types the hard skills and the soft skill
now on one hand where you hard skills reflect your knowledge of the technical field, your soft skills present
more of you are as in person and what is basically our personality type.

 Now if you want to be successful in any of the different aspects of your life be it work or studies or business or
even family matters, your skills are something that will help to succeed in all of these aspects of life.
 

37
 Now here is a list of some of the tops skills which will make you successful in your field and in your life.

1. Having strong communication skills

2. Having the ability to trust others
3. Being flexible
4. Being able to take good judgments
5. Leadership skills
6. Negotiation skills
7. Time management
8. Stress management
9. Decision-making skills
10. Having a good sense of humour
11. Having patience with other people

Conclusion

 Thus having the above skills will make your life much better and will also make you more successful in life.38
6. WHAT IS RISK MANAGEMENT?
 

 The term risk management is used to refer to the identification, the polarization and the analysis of the threats
or risks that may affect the capitals and earnings of any particular organization.
 This is then followed by the economic and coordinated applications of the resources in order to minimize,
 
 

control and monitors the impact of any unforeseen events or to maximize the opportunities’ realization.

What is the importance of risk management?

 The risk management is important for all kinds of organizations be it a profit organization or a nonprofit
organization. This is because the risks are unexpected events that can cause a lot of damage to the
organizations if it is not shielding properly prior to the time.

 Now, these risks can be in several forms like loss of funds, injury to staff, natural disasters or anything else
could have a serious impact on your business. Thus this is where the risks management comes handy.
 
 The risk management is important because, in such an unforeseen situation, it protects your organization or
your business.  Risk management helps to prepare for all of those unexpected events in advance.
39
What are the advantages of risk management?

 There are various advantages of risk management. Some of these are mentioned below-
1.  It helps a lot in saving up the resources, incomes, time, assets, property; people act because with a properly
carried risk management only fewer claims occur.
2. It helps in creating a safe and secure environment for the staffs, the customers and the visitors.
3. It also reduces the legal liabilities thus increases the stability of the operation which is being performed.

Conclusion

 Thus risk management is very essential for any entity to be a profit organization or a nonprofit organization.
 The owner of such entities must make sure that effective risk management is carried out to avoid future damages

40
7. HOW DOES GOOGLE MAKE MONEY FROM ITS SEARCH SERVICE?
  

 Google’s main search business uses mostly anonymous queries to make money as

per company’s chief legal officer.

 In search ads, where the Alphabet Inc. unit makes most of its profit:

 More than 90% of the value is in the search itself because it provides such a strong

signal.

 Another 5% comes from people’s location and the rest from other information.

 The company has been rolling out new privacy features in the wake of a global crackdown on how the

world’s largest technology companies collect and use personal information to make money.

 Google dominates online advertising, with about $116 billion in ad sales last year.

41
8. WHAT IS LIVING WILL?
 A recent survey asked citizens across India what living well meant for them during last few days of their life.
The survey conducted with a sample size of 2400+ showed that 88% Indians wished for the independence to
decide their line of medical treatment during the last days of their life rather than leaving it on their family. The
survey carried almost a year after Supreme Court’s historic verdict on Living Will showed that despite having
strong opinions about their last moments, only 27% Indians are aware about the concept of Living Will.

 The objective of this survey was to bring discussions around Living Will out of conference rooms to living
rooms of people. The survey highlighted that while people want to make informed decisions for their last
moments, awareness around Living Will – an advanced healthcare directive which lets people state their
wishes with regards to their last moments even when they can’t – is very poor in India

 Awareness levels around the concept of Living Will were poorest in Jaipur and Chandigarh, while with 36%
and 31% respectively, the awareness levels in Delhi and Mumbai were highest. 42
 Findings:
1. Worrying about burden on the family and wanting a suffering free dignified end of life highlights the maturity of
the Indian people in dealing with a difficult situation.
 96% of senior citizens who thought Living Will to be a relevant concept see it as an important way to reduce
financial stress on their family
 While 93% of respondents in the 25 – 35 years group found it relevant to put an end to suffering of patients on
artificial life support.
 Of the 76% people who found the concept of Living Will relevant, 91% wished to discontinue any life support
system in case they were declared terminally ill on artificial life support with no or marginal hope of recovery.
 Only 5% will leave it on their kin to decide.

Conclusion

 Living Will can help such patients live their last moments the way they want – with dignity.
 Living Will is a personal choice. It is not important which choice you make regarding the last moments of your
life. But it is important that an informed decision is made. 43
9. DIFFERENCE BETWEEN STRATEGY AND PLANNING
What is Strategy?
 A strategy is a focused plan premeditated to achieve the objectives of the organization.
It consists of both competitive moves as well as actions taken by the management of
the company to achieve goals. Strategies are usually dynamic and flexible in nature that means
one can changes in the strategy as per the requirement of the situation. One interesting
fact about strategies is that while making a strategy practical experience counts more
rather than having theoretical knowledge.

What is Planning?
  Planning is a more systematic process of thinking about the actions that are required to be taken in the future.
Therefore, a plan is a sequence of steps which will be helpful in achieving the objectives of the organization.
Planning is one of the most important five functions of management. The five important functions of
management are planning, controlling, organizing, decision making, and motivating and leading.
44
Difference between Strategy and Planning
STRATEGY PLANNING
 A strategy is a functional best plan  A plan is an action-design prepared after thorough thinking for
selected to get desired results. actions which are going to take place in the future.
 It is path-chosen for achieving desired  It is a road-map to complete any task within the given time
goals. duration.
 The strategy involves active actions.  A Plan involves thorough thinking.
 A strategy is prepared on the basis of  A plan is prepared on the basis of assumptions.
practical considerations.
 A strategy is usually prepared for the  A plan can either be prepared for long-term or for short-term
long-term. depends on the circumstances at a certain stage.
 A strategy is competitive in nature.  A plan is preventive in nature.
 A strategy is a subpart of the  A plan is a part of management functions.
management decision- making process.
 A strategy is most important for the  A plan is also important, but it is not as important as strategy.
success of any type of business.

 In conclusion, both are important for an organization to attain its objectives. Both have their own strengths and
limitations and are equally important for business. A strategy is a sub-part of planning and is a vigorous plan to
45

realize the objectives of the organization as well as to beat the competition.

10. NOW, COMPANIES ARE DEPLOYING ROBOTS TO DECODE CVS
 According to TopResume.com, a leading global resume service provider, about 95% of Fortune 500

companies today use ATS software in their recruitment process, with Greenhouse and Bullhorn being some

of the most popular ATS that are used. The global industrial robotics market is predicted to reach $41.23

billion by 2020, as per a report by Grand View Research, and robotics in resume scanning is expected to

gain greater credence

 Resumes are being read by tools using natural language processing techniques and software tools.

 ATS carries a host of benefits for HR teams and organizations. “On an average, one job posting receives

about 250 resumes. It’s impossible for an HR person to go through and vet each resume minutely. 

 In fact, almost 75-88% of resumes that are received do not qualify for the job that is available. ATS reduces

human intervention and thus cuts down the cost to the company. 46

 AI and human insights to predict absolute quality in recruits.

 ATS optimizes the turnaround time for recruiters. Companies invest up to Rs 50,000 per hire, which also includes
23 working hours taken to thoroughly screen each resume. 
 
 The biggest shocker is that a candidate stays up in the market for only 10 days, as they are gulped down by other
hungry recruiters.
 
 Besides optimizing the cost of hiring and the time taken, ATS enhances recruiter efficiency by as much as 20%.
 
 FINDING A MATCH

1. Large organizations who recruit over 300-500 candidates in a year for junior level positions utilize ATS  
2. Resumes in India not well optimized for ATS as they weigh low in grammar and formatting

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THANK YOU !

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