Posts Tagged ‘Morgan and Banks’
Red Flashing Lights: How you know when profitability is about to sink
After last week’s blog on the Australian publicly listed recruitment companies that have departed the boards of the ASX, I received a few emails from readers asking me follow up questions about the decline in fortunes of such formerly successful companies. Such questions as: How do such, formerly successful, companies become so unprofitable in a relatively short…
Read MoreASX-listed recruitment companies: Going, going, gone
Four weeks ago giant Japanese recruiter, Recruit, concurrently announced agreements to purchase both peoplebank and Chandler Macleod. As the respective boards of both companies are recommending that shareholders accept the bid, and with no alternative bid likely, both companies will soon be fully owned by Japanese investors. John C Plummer will pocket just under AUD$39 million for his…
Read MoreIs your recruitment business model sustainable?
The employment market in Australia continues to be robust. In July a further 14,000 new jobs were created and unemployment dropped by 2,500 people to leave the unemployment rate unchanged at 5.2%. Recruitment agency business has, generally, been slightly less robust. Owners I have spoken to have had a very uneven past 6…
Read MoreThe ASX-listed recruitment sector: The end is nigh
Most of the recruitment industry would have heard that the legendary duo of Geoff Morgan and Andrew Banks have announced their intention to delist Talent2 and take it back into private ownership. This will occur via a share buyback funded by, what will be a 50/50 joint venture between their private investment…
Read MoreWho are your stakeholders and what do they REALLY want?
Two weeks ago I wrote a summary of the 2011 RCSA Conference, held in Port Douglas. I compiled a list of what I regarded as useful and insightful quotes that were uttered by the various presenters. Today I return to one of those quotes for a greater examination of it because as the…
Read MoreMotivating recruiters: Who’s responsible?
Professional sport can be brutal. Two weekends ago in the AFL the Melbourne Demons travelled west to play the Geelong Cats in Geelong. The Demons were just outside the Top 8 and the Cats were second from the top. The Demons were not expected to win but nobody could have predicted the humiliation that was…
Read MoreWhat Secret? Recruitment gold from Geoff Morgan and Andrew Banks
Using ‘secret’ as your search criteria under ‘Books’ on Amazon.com generates 142,462 returns. Narrowing down the search field to ‘Non-fiction’ and ‘Business & investing’ still leaves you with 8,787 books promising the reader some kind of insider’s revelation about their topic. Of course we all know that it’s all a marketing ploy to get us…
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