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Case - Bitstream: Back Ground

1) Bitstream is a growing company launching a new product and wants to hire an outsider to lead the project. 2) Jim needs to decide his priorities for evaluating candidates, develop an evaluation criteria, and determine where to get necessary information to make a fair comparison. 3) His priorities include finding a team player, someone with experience in networking and sales, who can make decisions independently and fit within the company's pay scale.

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540 views

Case - Bitstream: Back Ground

1) Bitstream is a growing company launching a new product and wants to hire an outsider to lead the project. 2) Jim needs to decide his priorities for evaluating candidates, develop an evaluation criteria, and determine where to get necessary information to make a fair comparison. 3) His priorities include finding a team player, someone with experience in networking and sales, who can make decisions independently and fit within the company's pay scale.

Uploaded by

mayur2510.20088662
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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Case Bitstream

Group 7 ( Ankit, Karan, Saurabh, Shishir, Tarun)

Back ground

Bitstream is a fast growing compan , preparing to !aunch a new pro"uct# $ant to hire an outsi"er to !ea" this pro%ect# &'( of compan emp!o ees change e)er ear#

C*+ wants to re"uce e,pense growth compare to re)enue growth# -or the new pro%ect the fee! the nee" on! re!e)ant e,perience" person# .ew pro"uct re/uires s nthesis of e,isting techno!og , market for pro"uct a!rea" e,ists, an" customers are easi! i"entifiab!e# 0rospects of success of the pro"uct are )er high# After their ana! sis the fee! that )a!ue a""e" rese!!ers (who market the pro"ucts of particu!ar har"ware an" software) take their pro"uct as incrementa! sa!e *)en tapping 1( of e,isting customer wi!! gi)e 23'' mi!!ion#

Present problem
After "eci"ing that 4im nee" to hire an outsi"er, now he has to "eci"e his priorities, he nee"s to "e)e!op a criteria for e)a!uating the can"i"ate, an" from where he can get the information he nee"e" to make a fair an" accurate comparison5

Options

-or priorities 0riorities accor"ing to the case are !iste" be!ow 3# 6e nee"s a team p!a er, who can fit in the compan an" himse!f , without being biase" about se!f image# 7# A man who is rea" for new cha!!enges an" fu!! of energ

8# Shou!" ha)e e,perience in network market , contacts with )a!ue a""e" rese!!ers wi!! be a bonus# &# Shou!" be ab!e to "ecisions on his own so that he "oes not go to 4im for "ecision making, who genera!! "o it b f!ip of the coin 1# Basic aptitu"e an" attitu"e re/uire" for success# 9# 6e has a financia! !imitation on sa!ar , so the new person shou!" fit in g!a"! in offere" pa ro!!# 4im a!so nee"s to "eci"e how much change in pa structure he can accommo"ate for an i"ea! can"i"ate# 7# Shou!" know how to run the business since !ea" time is )er important an" there is no time for training# :# Shou!" be ab!e to "e)e!op a successfu! sa!es force an" shou!" ha)e hiring capabi!ities#

*)a!uation Criteria

Since 4im has recei)e" four resumes an" a!! of them are potentia! can"i"ate, he can e)a!uate them in the fo!!owing wa 3# 6e can prepare a chart , assigning each priorit a weight an" then gi)ing marks to each can"i"ate on those priorities an" then ca!cu!ating a fina! score , this score wi!! "eci"e the se!ecte" can"i"ate# 7# Since 4im has taken he!p of a search firm, he can use a")ice of ;r# 0eter for "eci"ing the right can"i"ate, since he has e,pertise in this work# <t wi!! a!so make sure that he wi!! not hire his se!f image# 8# 6e can a!so inc!u"e outsi"e a")ice in his chart as an weight for "ecision criteria &# =se the inter)iew as the so!e criteria an" go b his instinct#

<nformation co!!ection
-or information co!!ection re/uire" to make the "ecision he can gi)e a /uestionnaire to a!! the can"i"ates an" ask them to fi!! it to the best of their know!e"ge#

Since on! four can"i"ates are there so he can )erif the "etai!s of their resumes an" co!!ect the information from their pre)ious emp!o ers an" co!!eagues#

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