This acknowledgement of the power of difference within an overarching culture is growing in momentum, with some commentators even advocating that the term ‘cultural fit’ be ditched completely and others, like Headstart’s co-founder Nicholas Shekerdemian, arguing that the future is about ‘microcultures’ not monocultures.
“Companies often have criteria for culture held in a rigid structure. They say ‘we have one set of cultural values and they are the definition of what good looks like’. But cultures are made up of hundreds of smaller cultures, which make the overarching culture,” he explains. “You need to understand both. You need to understand microcultural fit. You need to recognise the intricacies within different parts of the company and hire people who are complementary to each other, rather than trying to hire the same person across functions and teams.”Read More
Headstart’s premise, like some of its rivals, is to augment human capability with data. As Shekerdemian says: “The best way to enhance recruitment is to give recruiters more data.” Organisations, he adds, “fundamentally don’t actually know how to measure how capable someone is”, which is why his software issues questionnaires to candidates and puts them through a psychometric assessment tailored to the requirements of the job. Time to hire, he says, is cut by 70 per cent and satisfaction with hires is up.
If Headstart gets enough traction – and enough cash – to build a sufficiently useful database of talent, it could become what its founder calls “LinkedIn on steroids”. But what Shekerdemian and others must ultimately rely on is recruiters realising that intuition is one of our most irrational traits.Read More
Headstart is a recruiting application that matches candidates with companies based on a unique “fingerprint” of attributes. These attributes are not fixed and may be different for every candidate. They may include traditional factors like credentials and college degrees, but also cultural factors like personality, interests, and work style. The application uses machine learning algorithms to develop a set of candidate requirements based on employer hiring habits and industry trends, and then matches candidates with the companies they fit best.Read More
Psychometric tests used to be long, formal exercises candidates would take some way into the recruitment process. But could testing potential applicants before they even apply mean employers get a better fit, or more of the same? Peter Crush investigates.
“It sort of makes sense,” argues Gareth Jones, COO at Headstart AI, which has developed technology that invisibly applies psychometric tests at the point applicants apply to a company’s website. “Saving psychometrics till the end is like taking whoever’s left after an interview process and trying to fit them against a profile that might be different to what the interviewers were assessing on,” he says. “Because we identify the desired profile for each advertised role first, having psychometrics early then works much harder, actively identifying the people best suited to go to the next level.” He adds: “Instead of the alignment of people to the role being at the end, the alignment should be the first part of the process. To me, the earlier psychometrics are used, the better.”Read More
Smart technology is shaking up the traditional recruitment industry, with a new generation of startups using artificial intelligence and machine learning to help job candidates and employers find the perfect match.Read More
Hiring the best talent and creating a diverse workforce is a top priority for businesses – and is arguably one of their biggest challenges. But help is now at hand from a new generation of tech startups using artificial intelligence (AI) to give employers the edge in the recruitment stakes.
Nicholas Shekerdemian is CEO and co-founder of Headstart, which uses AI to transform the graduate recruitment process. As a student at Oxford University, he was sending internship applications to the same companies as everyone else, when he had his eureka moment.Read More
Artificial intelligence is gaining prominence in a number of industries and brings advantages and disadvantages in the field of recruitment
Recruiters are too reliant on grades and qualifications to decide who the best candidates are, says Jeremy Hindle, CTO and co-founder of machine learning-based recruitment app Headstart. “It’s very difficult to measure how capable somebody is, given the existing structure of a CV and the way recruitment systems within businesses currently work,” he says. “They are very heavily weighted towards grades and where they’ve studied, and I don’t think that’s the best way. Companies are missing out on some of the best talent. It’s most apparent in sectors like technology, but also in advertising and media,” he adds. It is an issue Hindle and his Headstart co-founder, Nicholas Shekerdemian, are seeking to address with the app, which uses machine learning to find relevant roles for jobseekers.Read More
Applying this heuristic to YCs batch would seem to favor a business like CureSkin, classifying images of skin conditions, over a startup like Nimble, evaluating potential teachers, or Headstart, ranking job applicants by culture fit. There really isn’t a great reproducible methodology for predicting teacher performance or culture fit.
Time will tell if YC’s framework for investing in AI startups is accurate. In many ways this inaugural batch encapsulates broader trends in commercializing AI. For as long as the chance remains that one of these startups could be the next Dropbox or Airbnb, YC has nothing to lose from investing in verticalizing its storied accelerator.Read More
Automation, AI and algorithms have been steadily creeping in. But can they work for recruitment?
In 2020 the most valuable member of your HR team isn’t going to be your learning and development specialist, your head of employee relations, or your reward lead. This team member will never grumble about their workload. They will work efficiently behind the scenes performing tasks in seconds that it would take others hours to complete. That’s because the most valuable member of your team in the future is going to be a machine, specifically a computer algorithm.Read More
Nicholas Shekerdemian created Headstart, a company that uses machine learning to help employers to find job candidates. BP and L’Oréal are among its clients.
"Your elevator pitch must be so simple that someone could explain your product and vision to family and friends over dinner.”Read More
Recruitment systems are evolving so candidates can use artificial intelligence to match themselves to roles in a similar way they might seek out a partner online. This has benefits for employers too, explains Cath Everett.
Jeremy talks about how our aim is to place people in the right places based on their merit so it’s all about removing unconscious bias. We all know that having a diverse team is very valuable to business so it’s about making recruitment fairer.Read More
Nicholas Shekerdemian has a pretty typical startup story: he dropped out of college, met up with a technical co-founder and then ended up starting a company. But Shekerdemian, who at the time was helping match English teachers with Chinese citizens, wanted to start a company that would solve his own problem: actually getting a job at a cookie cutter company where everyone else applies.Read More
The Thiel Foundation today named 25 people into the 2017 class of Thiel Fellows. The two-year fellowship provides young entrepreneurs with $100,000 and mentorship from the Thiel Foundation’s network of technology entrepreneurs, investors, and scientists. Launched in 2011, the program encourages fellows to pursue full-time entrepreneurship instead of going to college.Read More
“If you were to sum up what machine learning is amazing at, it’s the ability to spot patterns in vast amounts of data and be able to make predictions based on those patterns,” says Jeremy Hindle, Co-founder and CTO at Headstart App. “There aren’t many bigger sets of data to analyse than ‘what or who a person is’ so it’s an ideal fit for machine learning.”Read More
Jeremy Hindle is CTO and Co-founder of Headstart the AI-based recruitment app, and details a few important technological breakthroughs which have allowed us to use Big Data to some of its potential...Read More
We chat to Jeremy Hindle, co-founder and CTO at Headstart App. He is a 28-year-old self-taught (polyglot) programmer who studied neuroscience at university before deciding that a medical career wasn’t for him.Read More
22-year-old undergraduate student Nicholas Shekerdemian has celebrated massive success and has been named as one of 2017’s 'most exciting young entrepreneurs to watch' in several reports, after his ground-breaking Headstart app was a finalist and award winner in the ‘Disrupt HR’ competition at HR Tech World in Paris. Signing up over 20,000 students in just 6 months, the app which he co-founded and launched with experienced tech entrepreneur Jeremy Hindle has been named as one of the 50 most disruptive companies in 2017.Read More
When we talk about “disruptive HR”, what do we mean? As technology to support HR professionals becomes ever more sophisticated, it’s come to mean anything from new models of working to artificial intelligence and robotic automation.Read More
Are entrepreneurs born or made? That’s the question we would pitch to 22 year-old Nicholas Shekerdemian whose analytical prowess at the ripe age of 13 saw him receive a scholarship to King’s College School in Wimbledon to study the International Baccalaureate.Read More
Even computer programs designed to eliminate human subjectivity sometimes fail. Bias in the hiring process is prevalent and hard to eradicate. Scientists have found evidence that data-driven recruitment algorithms have the potential to learn our prejudices. Unless carefully monitored, their filters detect patterns of underrepresentation and reproduce them, perpetuating biases against already disadvantaged groups such as older and disabled workers, women and ethnic minorities.Read More
Applicant Tracking Systems (ATS) have been around for many years. And, for many years, they have served a great purpose at large corporations, helping track candidates internally after the point of application, says Nicholas Shekerdemiam, CEO and Co Founder of Headstart App. However, there is a growing school of thought that believes that technological advancements and adoption over the last decade has created a new, more intelligent and candidate friendly form of the ATS: the AMS or Applicant Matching System.Read More
Created by 22 year-old entrepreneur Shekerdemian while taking a break from his Oxford University degree, the platform was recently identified as one to watch in the ‘Disrupt HR’ competition at HR Tech World in Paris, and is being trialed by the likes of Vodafone, RBS, Accenture, BP and Expedia.Read More
Shekerdemian co-founded Headstart App with tech entrepreneur Jeremy Hindle last year, after having identified several problems smaller businesses face when it comes to recruiting recent graduates.Read More
How is Vodafone leading the way in technology and innovation and using this to attract future talent? Vodafone’s global head of resourcing and employer brand, Catalina Schveninger, explains how Headstart is helping ensure that happens.Read More
It may be a cliché but two heads really are better than one for those looking to start their own business. This is according to Nick Shekerdemian, CEO & Co-Founder at Headstart – a platform designed to match students with jobs in a more fair and efficient way.Read More
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