group presentation slide show
TRANSCRIPT
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Video Teleconferencing in Video Teleconferencing in Human ResourcesHuman Resources
Johnny Muhuntharaj
Nick Bruzzone
Mike Fry
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HR Connects PeopleHR Connects People
Talented people come from all corners of the globe
The best should be sought after by 240co, no matter where they are located
New communication technologies have the potential to breakdown geographical barriers
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Old IdeaOld Idea
Conference calling has existed for a long time
Many parties are able to communicate from any telephone in the world on one call session (long distance charges)
Only voice could be transmitted
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New CapabilitiesNew Capabilities
Greater bandwidth and advances in fibre optic technologies
More data can be transferred in real time (voice + graphics, images, and even streaming video)
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RequirementsRequirements
For real time audio/video and image transmission, high bandwidth ISDN or better (cable, DSL) is necessary
Most new PCs have the capabilities to connect to a video conference with high speed internet access, a simple and inexpensive web cam, and free software (MS NetMeeting, ICUII, Video VoxPhone)
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People Can Meet OnlinePeople Can Meet Online
Visual interaction can take place allowing more personal communication
This can be very beneficial to the human resources department– Screening the most qualified applicants from all over
the world in a video-interview– Also is applicable in employee training– Enables 240co to meet from all parts of the world
(future international expansion possibilities)
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Talent AcquisitionTalent Acquisition
Location should not be an obstacle for 240co when seeking new employees
With this new technology, the video-interview would be a standard step for candidates in different parts of the country or abroad after selecting the top resume
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AdvantagesAdvantages
Able to establish a broader base of potential recruits
Save travel costs and time Obtain some degree of personal interaction
before final interview Some are more apprehensive of flying since
September 11
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DisadvantagesDisadvantages
Need for infrastructure at both ends of communication points
Some initial fixed costs of equipment and setup
Still a lack of personal contact, many subtleties are lost (no handshake possible, demeanor of parties is difficult to detect)
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Video TrainingVideo Training
240co employees could be trained by specialists from all over the world
Interaction would still be possible with the instructor through video conferencing
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AdvantagesAdvantages
Save travel costs and time Save training costs More employees would be able to attend
more conferences and seminars more often from a designated video training room right here at 123 Sprott Rd., in Sea Breeze
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DisadvantagesDisadvantages
Some employees might like to travel once in a while
Lack of personal interaction with instructor and other employees from other companies and countries
Not all training institutions are yet capable of taking advantage of this new technology
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Future Application Within 240coFuture Application Within 240co
Video conferencing would be useful for meetings between different branch offices of 240co across Canada and around the world
Inexpensive way for company meetings to take place in human resources and in all other departments
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Costs vs. SavingsCosts vs. Savings
$50,000 fixed cost for renovation and technology to enable video interviews as well as training capabilities
Savings of over $20,000 per year (travel and accommodations for 100-150 employees and potential recruits per year)
Paid for in about two to three years
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RisksRisks
Video interviewing may not be effective Video training may not be effective Employees may not like changes High cost for relatively small usage High probability of wasting valuable
company resources in terms of the money that would be saved if 240co waited 3 years for the technology to be less expensive and more publicly accessible
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Feasibility AssessmentFeasibility Assessment
Economic Feasibility– Benefits may exceed costs on paper, however, as a
relatively new company, there are likely other financial priorities
Technical Feasibility– On our side, this is feasible, but the technical
infrastructure is not widely accessible to the global public
Organizational Feasibility– 240co is too small a company to warrant such an
investment, since the overall effect would be minimal
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RecommendationRecommendation
Reject Proposal: given some of the major disadvantages– World wide infrastructure is not yet available– Risk inherent with any fixed cost investment– Relatively small company size makes proposal
less feasible– A high degree of personal interaction is
essential when assessing potential recruits
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Future ConsiderationsFuture Considerations
It is the recommendation of this team that an investment in video conferencing equipment NOT be implemented within the human resources department at this time, however, a reassessment should occur within three years when this technology is more widely accessible, and the price and performance both improve in our favour