Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do. There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Now as I approach my 90th birthday ( 27 June 2023 ) , I invite you to visit my Digital Avatar ( www.hemenparekh.ai ) – and continue chatting with me , even when I am no more here physically

Friday, 28 February 2003

COMPETENCE PROFILING

Kartavya

28/02/2003

COMPETENCE – PROFILING

When a Corporate wants to borrow money from a Bank/Fin. Insti. or wants to make a Public Issue, it has got to get a CREDIT RATING (AAA/AA/AB/DA) from {CRISIL / S & P / MOODYS / DUN & BRADSTREET} etc.

Even Countries are rated by such Agencies & these “Ratings” determine:
→ Country’s borrowing capacity
→ Foreign Investors’ confidence in repayment capability of that Country, etc. etc.

These “Ratings” are not static. Based on changing circumstances/events, such ratings are revised periodically.

In case of Countries, the Rating Agencies do not wait to receive any “request” from the concerned Country. The Agencies carry-out & publish their ratings/findings on their own & independently.

In case of Corporates, agencies carry out ratings
→ Independently on their own
→ As & when requested by a Corporate.

These “ratings” exercises follow clearly-defined & transparent “Methodologies”, so that there is
→ Consistency
→ Clarity
→ Objectivity (as far as possible – because there could be some factors which may not lend themselves for “Objective Measurements”)
eg: Govt. Policies, War Risk, Quality of Management etc.

These “Consistency/Clarity/Objectivity” is what commands respect/belief amongst lenders/investors etc.

Same is true of “Online” Certifications issued by:
→ Microsoft (MCSE etc.)
→ Brainbench

There is “Consistency/Clarity/Objectivity” – since questions databank is created, degree-of-difficulty is assigned to each question and finally each individual who takes an online Test, gets a UNIQUE/RANDOMLY GENERATED test paper without any human-intervention!

No “Subjectivity” at all. Everything automated & software-driven → hence very high CREDIBILITY.

Thru our “COMPETENCE-PROFILING” in Resumines, could we, someday, hope to become such an INDEPENDENT / UN-BIASED / OBJECTIVE RATING AGENCY as far as jobseeker’s are concerned?

Could we foresee a day when Recruiters insist that each & every incoming email resume is accompanied by 3P COMPETENCY-PROFILE RATING-SHEET (see enclosed graphs) without which the application will NOT be considered?

ALTERNATIVELY
When an email resume is processed thru Resumines, competency profiles, as per enclosed graphs, gets automatically generated & presented to recruiter/interviewing expert, at the click of a mouse?

If thousands of resumes pour into our webservice everyday (from hundreds of subscribers), the “profiles” become more accurate. Also there is “Consistency/Clarity/Objectivity.” And everytime a jobseeker (using PEN which is owned by him), sends revised email resume, profile gets updated with a “date-stamp.”

Let us give the world – 3P RATING

28/02/03







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