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INTERVIEW With
Trade
and Forfaiting Review (U.K.)
Full Interview by Rupert Sayer, Managing Editor, Trade & Forfaiting Review, with ART's V.P.- Advanced Technologies Q1. What is your recruitment specialty? Which areas of business and where? Atlantic
Research Technologies is an executive search firm that
recruits people from the CEO level to the professional staff
level on six continents. We believe we are the first executive
search firm in the world to offer "virtually local"
recruitment services to our client-companies, meaning that
through the internet (and telephones) our worldclass
headhunters can successfully recruit, screen and place
candidates in the 1,000 top metropolitan areas of the planet
without having physical offices in these places. We recruit in nearly every discipline required to create and run a company, including CEO's, COO's, Presidents, Managing Directors, Vice Presidents, CFO's, Technology and Engineering heads, CIO's, Sales and Marketing heads, Purchasing and Materials heads, Manufacturing and Operations heads, Quality heads, etc. We are constantly expanding our industry reach, equally in the manufacturing and services sectors, high technology industries, older industries and in the new industries related to the internet, IT and computer technologies. Our client-companies are multinationals, progressive medium-sized firms or exciting startups. More information about us is available at our website https://www.atlanticresearch.com Our
clients and recruits are involved in nearly every aspect of
our daily lives: from the makers and marketers of your
breakfast cereal, to the toothpaste you use to brush your
teeth, to the car you drive to work, to the petrol you pump
into your car, to the financial service company or bank that
processes the credit card transaction you use to buy that
petrol, to the wireless technologies used for you to make your
mobile telephone call as well as the telecom supplier you use.
They
make the paints, temperature control systems, multilayered
glass and plastics used in your office building; they design,
sell, assemble and market the computer you start up, the
software you launch, the ISP that connects you to the web, the
networking backbone that forms the web, the internet directory
or web portal you query, the e-zine you read online, the
website that you use to buy stocks, books or use to transact
intercontinental materials procurement decisions for your
company. Our
clients book your travel online, and are the airline and
aircraft maker who will get you to your holiday destination.
They make the movies you are watching inflight on the personal
LCD monitor our other clients or recruits make. (That LCD
display consists of semiconductors made by some of our other
clients and recruits.) They make the sunglasses you will wear,
they might be the company owning the entertainment theme park
where you and your family are visiting. If you come down with
an illness or get into an accident, they are the makers of
vaccines, biomedical implants, medical equipment. They are the
companies that make the defence products that protect NATO
countries. We have placed important executives at the U.S.
Mint, so a sizable portion of American coinage will also have
been "touched" by the expertise of ART recruits.
Q2.
How long have you been operating?
Q3.
Does the firm recruit in this area of electronic
cross-border trade and exports? Both IT and export
practitioners? Regarding the cross-border aspect, ART specializes in candidates who think and act like we do: people who understand that just as our telephones do not only make "local" calls or our computers work only in one place but not in another, all business is or is going to be done on a borderless, global scale. We do not work well with provincial mindsets or protectionists. We actively work to recruit people who work well with people who are not in their same town, region or country. Our client-companies like our candidates to "think large" and to be able to carry out their visions. We like candidates who are bilingual or multilingual or who have a fundamental belief that all people are basically alike. We like candidates who know how to tap into the potential customers' or suppliers' knowledge, concerns, desires and goals. We put a great deal of our resources into the recruitment of managers and executives who are needed now by the wise and successful firms of today and who will be desperately required by all firms in the near future. Our
client-companies in e-commerce fall into three big categories.
First are the IT consulting firms, large and small. Second are
the startups wishing to act as e-commerce portals, electronic
auction houses for particular industries or commodities, as
internet banks, or as "e-tailers." Third are the
well-established companies that are looking for people to add
an e-commerce element to their existing sales, marketing or
operations structures. Some of these established companies are
half-considering going full out with e-commerce, abandoning
their traditional sales and marketing channels, while others
are tinkering with the idea of creating an internal e-commerce
startup and then spinning it off as a separate unit. This
is new territory for everyone, but in nearly every case, the
ultimate goal is to be conducting business internationally.
Sometimes governments, tax laws, distribution or language
content hinder the full internationalization of all e-commerce
strategies, but in fields like electronics manufacturing,
there is already one world market with a common "language"
(semiconductors, printed circuit boards, etc.) and cadres of
like-minded purchasing and sales managers to make an
e-commerce solution an immediately global project. Q4. Have you found, as I have said, that you can find plenty of experienced people with business-to-consumer experience, but not B-2-B; ie., experience of the general internet consumer market, but not the wider area of cross-border trade, etc.? We
recruit for both the consumer and the business market.
Generally speaking, we see many more qualified B-2-B
electronic commerce professionals than we see B-2-C people.
The key word here is "qualified." For a decade or more, there
have been thousands of large and small companies --information
technologies services firms, management consulting firms,
software firms and computer services firms-- that have been
developing, marketing and selling IT and later internet
solutions to businesses. From these firms have come the first legions of "e-commerce professionals" to form the top management and middle management ranks of new B-2-B e-commerce startups, as well as the e-commerce operations of the large multinationals. Prior to their new roles, these people have been targeting their energies to specific market sectors, such as banking/ brokerage, automotive, telecoms, etc. Not surprisingly, most of these people continue working in the markets that they know best. Consumer
market e-commerce has much more varied origins. Some of the
early founders came out of the computer, ISP or software
fields - people who sold computer-related products to
consumers, but some, like Jerry Yang, a Stanford engineering
student who founded Yahoo!, had no professional "consumer
market" experience, but had smarts, free time and vision of
what people would want to get from the internet. So to start
off, there were few people serving the consumer market in the
technology market, and they tended to be overwhelmingly in
only Silicon Valley, whereas there are experienced B-2-B
people all over the world. The next ranks of Consumer market recruits for e-commerce came out of two very untechnological sources: consumer products companies -marketers selling "brands" of soap, jeans, fastfoods, softdrinks, etc.- and top U.S. business schools, whose MBA's found that instead of working at entry-level jobs at banks they could instantly label themselves as CEO's and CFO's of internet companies that they themselves created. While
the B-2-B e-commerce customers required the results as
promised or they would jump ship or make suit, consumer market
e-commerce customers still are disproportionally teenagers or
young adults who like "cool" websites that appear to offer a
lot of "free stuff" while these sites actually are
sophisticated marketing information gathering sites that might
produce little of substance or profit other than phenomenal
stock prices. While many B-2-B e-commerce pros might look down
on most B-2-C firms for their frivolous application of IT,
B-2-C e-commerce pros should be applauded for their ability to
create something from absolutely nothing other than their
imagination. We
are seeing more and more "qualified" B-2-C electronic commerce
people, but since their side of the business is so new, and
since people tend to jump rapidly from one new startup to the
next, it can be difficult to determine one's true abilities,
achievements and potential. At ART we don't like or believe
fakers from any field, so if someone is eager to take credit
for their achievements, we encourage our clients to put him or
her through the wringer and verify their claims before making
a hire. Q5.Are
you finding that this area of B-2-B electronic trade is the
growing area now for corporates?
Q6.
Why do you think this is? And for what type of companies? What if wireless computers, perhaps even charging a minimal fee or fees based on advertising or commission from each online transaction, could be brought into rural villages to serve as a virtual online schoolhouse, a library, a medical information source or as an online general store? Competition for their business might cut their costs as they would no longer have to rely on the single merchant in their community. Would people like to see their lives and their childrens' bettered due to an ability to access the world beyond their village? We cannot deny that all the world's people would have better uses for their time if they had other technologies at their disposal. At whatever situation, people want more comfortable lives and they want to spend their time and money more productively. Handled
correctly and democratically, technology can help anyone, and
anyone given the choice would prefer to have the option of
convenience over drudgery or expense. This a built-in appeal
and challenge to many e-commerce programs, as long as they are
designed to make the customers' lives easier and more
economical, not just the firm's. With the internet, businesses
do not need to do as much costly business travel as they had
in the past. They do not need to apologize to customers that
they do not have their latest product catalogue ready or that
they do not have any copies back from the printer, because
electronic catalogues can be redone daily in real time. They
do not need to feel bad that they are losing business in other
times zones because their sales and customer service staffs
leave at their --not the customer's-- dinner hour. The
internet is the ultimate shop, cinema, post office,
distribution system, library, radio, television and bank of
the future. The e-commerce solution is great for reaching
customers on a worldwide basis, and it might be a phenomenally
easy way to reduce operating costs. Not having some sort of
e-commerce channel or operation or use at one's business will
soon be considered as stupid as not having a telephone at
one's place of business. Q7.
What is your message to employers who are looking for these
type of people? Regardless of your current salary structure, your offer must be competitive to these other e-commerce opportunities and should include bonuses based on the performance of the e-commerce operation that he or she was hired for. Third, be prepared to follow through with the e-commerce program that you are initiating; many e-commerce managers leave jobs because their firms will not budget them enough money to hire competent programmers, managers and others needed to make the e-commerce program a success. Some firms mistakenly believe that one person alone can be the "e-commerce guru" who could do it all alone. That is impossible. Most importantly, be prepared to make mistakes or missteps. There is no simple and universal e-commerce solution to every company's needs. Employers and their e-commerce management team must be equally good-humored and flexible and ready to evaluate if directions must be changed immediately or if one should stay the course. E-commerce is a constantly evolving technology. It is a learning process. The standard corporate decisionmaking rulebook may have to be discarded in conducting the same business with the same customers but through an electronic channel. Your competition might cause you to do so. Be as prepared to learn something new every day as much as you should be skeptical of every latest buzzword or cure-all. Remember: everyone is in the same boat. Nobody
knows what will work or what will not work. What works well at
your company today might literally be useless six months
later. E-commerce is unlike anything else business people have
ever experienced. It is not like hiring a competent sales
force and letting them do their jobs and then walking away,
feeling you have done your job. It is not like working out
your supplier relationships after a lot of hard work, and then
walking away, feeling you have done your job. It is not even
like dealing with your firm's finances and the stock market,
even though the bourses can be quirky, irrational and
ever-changing.
E-commerce might be a small part of your business now, but
eventually, it might take in your whole business. It might
work this way: today, your firm is a USD $5 billion firm
employing tens of thousands with four or five similar
worldwide competitors who you know well and who know you well.
But two years from from now, half of your business might be
lost to twenty startup internet firms employing a total of
1,000 people and using business models that are completely
alien to you. Your customers like them because they get the
products they need right away when they want them via
e-commerce. E-commerce should not be treated as a freaky fad
or as a bother but as a necessary demand on your attention
that only will get more critical as time goes on. If you are
not prepared to deal with the long term repercussions of
e-commerce on your enterprise, you need to hire someone who
will. Q8.
What can you say to those specialised already in this
market? And
for gosh sake, in your resume or CV, do not describe yourself
as a "visionary!" Be humble, because there are many people
with your experience or better. You might have been the only
person at your firm who was permitted to dabble into internet
technologies, but that does not make you the king or queen of
all there is to know about e-commerce. Be prepared to admit
when you do not know something and be prepared to find out
where to get an answer. Enjoy your life. You have many great
opportunities ahead, and your work will be invaluable in
creating a new world economy. Q9.
Do answers differ according to where around the world you
are recruiting? Many business executives all over the world still are frankly suspicious of any business transaction that occurs without men in dark suits and white shirts and bold neckties gathering around a table with thick paper contracts and ballpoint pens. They have always done business this way. Their corporations have always done business that way. They are afraid of the future because for the first time in their careers they are confronted with a hugely unknowable but nevertheless alluring question mark. It is hard to blame them for their worries, because, after all, e-commerce is the twin-headed angel or devil that offers them the possibility of becoming billionaires or having their companies wiped out because of one little website. |
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