Careerminds, a Skyytek customer, receives $1.3M in funding - for outplacement?
We are definitely becoming a nation of change in tech. Now it is hitting the outplacement industry.
The outplacement industry is a traditional industry that deals with servicing displaced employees of companies during their career transition by providing services to assist these employees to get back to work.
Up until now, this was expensive for companies to offer and involved face to face coaching and services provided by HR service companies. This industry has been somewhat latent in adopting technology to offer more value to displaced employees and somewhat behind the times by not offering contemporary methods such as social networking and self-service functions.
Here comes Careerminds - a long standing Skyytek customer; Careerminds has managed to blend Web 2.0 technology services but yet keep the high-touch aspect of helping displaced employees via coaching sessions - at a fraction of the cost of traditional outplacement services.
In doing so, Careerminds has managed to harness social media power via services such as Facebook and Linkedin by structuring their well thought out web-based curriculum around what employees need to do today to find jobs.
Clearly veteran HR executives such as Jack Gavin, former president of Right Management (subsequently acquired by Manpower) see this vision since he has joined their board of directors as chairman. VC have also realized this gap in the market by backing Careerminds with funds.
Who would have thought outplacement would become wrapped up in tech ? Actually who would have thought ZipCars, which provides "subscriber based" car rentals would too ?.
Skyytek's involvement with Careerminds has spanned 2 years. Skyytek was key in helping Careerminds and the CEO, Raymond Lee, at both a management consulting level by selecting the cloud technology they needed to be agile and by deploying this technology to be able to sustain this business for growth.
Congratulations Careerminds - you are changing an industry. We like that.




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