FIT.jobs 1 Page Business Plan

Employee Job-fit Scoring Business Plan

FIT.jobs 1 Page Business Plan

Overview

FIT.jobs has a clear business objective to develop, produce, promote and distribute Employee Job-fit Scoring products and services. These products and services have been developed over 3 Months with a core focus on addressing the key customer problem and associated opportunities.

The Business Objectives

When as a key component of our growth strategy we consider it critical to identify and outline our business objectives, and align these objectives with clear and measurable development milestones. Our key long term business objective is to launch a new product. Whilst our existing products have been useful for testing the customer problem, new products are required to fully capitalise on our business potential. Our growth path is clearly oriented around the addition of new products, the development of these new products and the subsequent marketing of these. It is understood that costs will be associated with product development and marketing and these have been allowed for in our budget.

The Customer

FIT.jobs has been created with a clear focus on the needs of our customers. Through a structured customer discovery process, we have validated the key customer problem as the need to lower hiring cost and save time during the recruitment process. This is a critical issue for our selected target market of HR Professionals.

The Value Proposition

FIT.jobs is uniquely positioned to deliver value to HR Professionals. "FIT.jobs will Provide a score that tells how fit a person is for a specific job." In order to be deliver on this value proposition, we Ability to manage external (outsourcing) contracts: As a third party service provider, credit bureaus must have systems and routines in place for the management of external contracts. Level of security provided/used: Consumer protection laws require a high level of security to prevent unauthorized access to databases. Access to high quality inputs: Industry participants are exposed to costs associated with errors in credit reports. Due to the regulation in place for consumer protection, such errors can become costly. Must comply with government regulations: Industry participants are subjected to stringent federal and state legislation. Access to highly skilled workforce: Industry participants need access to analytical and accurate staff members. Accessibility to consumers/users: Sales and distribution platforms must be in place to reach consumers. Requirements for immediate delivery are web-based platforms for client access.. This capability has taken considerable time and resources to develop and forms the cornerstone of our competitive advantage.

Competitors

We have a number of competitors within the Employee Job-fit Scoring market. We consider our key competitors to be: FICO

Fitzii

ClearFit



. Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with FICO

Fitzii

ClearFit



by Genome Maps

Best Data Sources

Contracts and Patents.

Key Strategies

Over the next 6 months our focus will be to Develop a prototype model

Find data sources

Pilot test

Seek capital to scale. This task will be undertaken in the context of our broader strategy to Scale product nationally. These strategies are a tactical implementation of our overall business goal as outlined above.

Milestones

Measurement of the successful implementation of our strategies will be governed by measurable development milestones. The milestones that will be achieved over the next 2 years are: Prototype Algorithm Beta Test Venture Capital

About this document
Employee Job-fit Scoring Business Plan
This document was created by David of FIT.jobs using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.