Customer Ecosystems v1

We’re looking for feedback on our first draft of our Marketing and Sales/Distribution Ecosystems:


Week 3 Student Interview with A

A is a 3rd year environmental design student and involved in residence life on campus. She is very knowledgeable when it comes to creating resumes and cover letters as she is very interested in the topic. She is not a typical student when it comes to studying practices (not a procrastinator) and good at creating resumes. However, she has never received formal training and it was very apparent when she was unaware that she needed to include results in her resume statements.

This is how she sized up to our hypotheses:

  1. What are the specific pain points throughout the job application experience?

    1. Main hypotheses: Students want a step by step tutorial to create job applications – SHE Would use the step by step guide because there were elements she was unaware of. The other main point for her was it was a place to have her master resume and cover letter with all of her experiences. 

      1. Resume Pain Points:

        1. Accomplishment Statements- Proven

        2. Identifying the key qualifications and skills need- Proven

      2. Cover Letter:

        1. Students don’t know the correct elements to include in a cover letter – FALSE

        2. Students see cover letters as more important than resumes (positioning, priority, value, etc) – FALSE

        3. Students change the tone of their cover letter depending on the job they are applying for- TRUE

      3. Online Presence:

        1. Students update their resume and cover letter around the same frequency and time as their online tools. Why? – Thinking about it but not yet – thinks it is a good idea though

 

  1. Why don’t Students use the solutions provided?

    1. Students don’t utilize the assistance that is provided to them because…

      1. Self-esteem / nervous – not comfortable going to talk to an advisor

      2. Inconvenient/unfamiliar – not (like their regular habits) a part of their daily routine/pattern

      3. Time- too long, job application ends too soon

      4. Accessibility

ALL FALSE ON HYPOTHESES 2 – For her she had a set method – talked to her inner circle, past employers, friends and family to gain knowledge – didn’t use the formal channels that most students do. Feels like she has a good grasp and these outlets wont help her.

See her notes here.

NEW CANVAS – Week 3: Racing to Revenue


We’ve updated our canvas and added a 3rd segment.

Right now we are contacting HR reps at large companies and Student Development professionals at post-secondary institutions. We want to:

  • establish a customer archetype for each segment
  • capture their decision ecosystem
  • find out which segment is more likely to pay

We know that our product adds value to those segments, now we want to know how much they value it so we can make some cash flow.

Week 3 Employer Hypotheses Revised

Value Prop: Less tiring / tedious / stressful / fatiguing hiring solutions

Hypotheses:

  1. Employers are want to change their current hiring practices because….

    1. They want less stress (Walk through/hand holding process)

      1. emotional fatigue

      2. wasted time

    2. They want more time (streamlined approach)

    3. They want to do a better job (missing qualified applicants/ accepting unqualified)

  2. HR departments in large organizations are open to changes in their hiring processes

  3. The initial stage (quick) of the filtering process for applications takes approx. 5-15 seconds and looks for:

    1. Qualifications (Hard skills)

    2. Formatting and professionalism

    3. Keywords and skills for the position

  4. The secondary stage (detailed) of the filtering process for applications takes approx. 30-60 seconds and looks for:

    1. Translating (how they convert their experiences into the job)

    2. Fit (language, passion, why work there)

  5. Employers do not spend enough time or effort making job descriptions because…

    1. it’s too difficult

      1. not trained properly

    2. it’s not valued enough

**Employers could be – HR professionals, direct hirers (not HR specialists), large companies, small companies, start ups

TAM SAM SOM v1

Here is the research to back it up.

Week 3 Hypotheses

Week 3 Hypotheses:

  1. What are the specific pain points throughout the job application experience?
    1. Main hypotheses: Students want a step by step tutorial to create job applications

      1. Resume Pain Points:

        1. Accomplishment Statements- Proven

        2. Identifying the key qualifications and skills need- Proven

      2. Cover Letter:

        1. Students don’t know the correct elements to include in a cover letter

        2. Students see cover letters as more important than resumes (positioning, priority, value, etc)

        3. Students change the tone of their cover letter depending on the job they are applying for

      3. Online Presence:

        1. Students update their resume and cover letter around the same frequency and time as their online tools. Why?

  1. Why don’t Students use the solutions provided?

    1. Students don’t utilize the assistance that is provided to them because…

      1. Self-esteem / nervous – not comfortable going to talk to an advisor

      2. Inconvenient/unfamiliar – not (like their regular habits) a part of their daily routine/pattern

      3. Time- too long, job application ends too soon

      4. Accessibility

Week 2: Student Interview with K

Takeaways from this interview:

  1. He was currently learning how to make cover letters in school
  2. He is more confident than our average interviewee in the quality of his resume and cover letter
  3. When writing resumes, he had trouble remembering the skills he had acquired months back
  4. He has had a LinkedIn profile since high school

The full interview is here.

Resumes
✓ Accomplishment Statements
✓ Identifying the key qualifications and skills needed

Cover Letter
 Students don’t know the correct elements to include in a cover letter
?  Students see cover letters as more important than resumes
✓ Students change the tone of their cover letter depending on the job they are applying for

LinkedIn
✓ Students know that they should have a LinkedIn profile
 Students either do not feel confident making or know how to make a LinkedIn profile
✓ Students don’t use any other platform besides LinkedIn for their professional online presence (doesn’t even use LinkedIn)

Week 2: Student Interview with AD

The most surprising takeaways from this interview were:

  1. She had never heard of LinkedIn
  2. Her least favourite part of applying for jobs was the interview
  3. She did no tailoring between jobs
  4. She did not get her resume and cover letter reviewed

The full interview is here, but the hypothesis summary was:

Resumes
✓ Accomplishment Statements
✓ Identifying the key qualifications and skills needed

Cover Letter
 Students don’t know the correct elements to include in a cover letter
? Students see cover letters as more important than resumes
✖ Students change the tone of their cover letter depending on the job they are applying for

LinkedIn
✖ Students know that they should have a LinkedIn profile
 Students either do not feel confident making or know how to make a LinkedIn profile
✓ Students don’t use any other platform besides LinkedIn for their professional online presence (doesn’t even use LinkedIn)

Interview with L: Subject Matter Expert- Student career coach

Hypothesis: Students find making resumes difficult and stressful

We had the opportunity to interview a staff member in a Co-op office, they had a lot of knowledge about both the student and employer hypotheses.

Here is how the interview stacked up to our hypotheses:

Cover Letter-

Hypotheses 4- HALF yes- Not that they don’t know what elements it is how to write those elements correctly.

Hypotheses 5-NO- It depends on the instance- varys

Hypotheses 6- YES- Students may change their tone a little but nothing close to what they need to be doing.

Below are the key points that were identified:

  • Personality and company FIT need to be expressed in the job application.

    • demonstrating why they want to work through – personality, NOT by reiterating the company

  • TAILORING is very important- to the job- very specific

    • Process – ID what they are looking for and customize it specifically to your experiences

  • When Lynn coaches students she asks them to bring in the job posting – then read it over and decide where to go

    • Using phrases like: Have a conversation- tell me what you did here- Think about what you did at XX in a XX lens (translate)

  • Cover letters:

    • write like you are talking to someone else- lots of students write in the wrong way- write like you talk

      • What can i contribute and can i learn

      • Students don’t have enough content- knowing your background, reflective process, SKILLS MATRIX

    • Lots of students over complicate the issue- simple and easy, say too much. Being direct.  Capture a couple of Targetted things that show you who you are.

    • students struggle with the transition between paragraphs flow in a quick and nice way

  • LinkedIn:

    • Great way to get info about companies

    • Students don’t realize what it is for- not a static page but an active engagement to network

  • Biggest thing from employers- They notice students have a template and the personality doesn’t go through

Student Interview with RC

Summary:

RC, a second year business student, has confidence in her resume writing skills. She thinks that her resume is pretty good and has effectively targeted  a specific employer. In the past she has visited a career centre, but has found her new knowledge surpasses that which she gained from visiting an adviser. She is working on a resume for a job application and has based it on advice she has received from a contact already working for the company and example resumes.

She half-proved Hypotheses 1: she already knew about making accomplishment statements, but really wanted examples of effective ones to model her statements after.  Hypotheses 2 and 5 seemed mostly wrong from this student’s perspective.  Hypotheses 3 and 4 seems somewhat true, though she already does these things (gets her resume looked over and targets employer language in her resume) and doesn’t seem to be looking for extra help here.

She seems very well prepared, pulling out skills that employers want to see from job descriptions and brings them into her resume.  Business students with more advanced training in resume writing do not seem to be in our target market, though the opportunities for help here are in providing valuable examples and allowing resume customization.

See here for the full script and notes