Closer look on Value Creation Process ~Mission~
Article for Annual Report 2018 (October, 2018)
Opportunities for Life. Faster, simpler and closer to you.
Since our foundation, we have connected individuals and businesses offering both a multitude of choices. In this era of search, where information has become available anytime anywhere, we need to focus more on proposing the optimal choice. We seek to provide "Opportunities for Life" much faster, surprisingly simpler and closer than ever before.
Faster, Simpler and Closer Matching by Technology
Our Mission is well routed in our "Ribbon Model." This model envisions a platform that allows users and clients to connect and engage in ways that benefit each other. The greater the satisfaction we can deliver to both parties, the more it will elevate Recruit Group's own revenue and profits. The key factor is to match the needs of both parties as precisely as possible, eliminating the negative elements that typically emerge in a marketplace. To optimize the model's effectiveness, we develop abilities across three specialisms: sales representatives, who contact and address the needs of users; data scientists, who manage and analyze data; and media platform developers, who develop it from the perspective of users. The strength of the Ribbon Model is that it incorporates all of these perspectives and objectives, with a high degree of communication and cooperation.
We help people get jobs.
The mission of Indeed is simple and straightforward.to help people get jobs. The company helps employers find personnel, and helps job seekers search for positions, submit their resumes and research potential employers. Every day, millions of people use Indeed to seek new employment opportunities. By giving access to all types of jobs, Indeed helps people all over the world select careers that help them achieve their goals and realize their dreams. More than 6,000 Indeed employees globally are passionately dedicated to helping connect employers and job seekers.
Improving Services to Make Matching Become Faster, Simpler and Closer
The Media & Solutions business uses the Ribbon Model to match individual users with clients in a multitude of markets or businesses. This segment is expanding its range of services to offer individuals a wider range of choices, and help match clients with users more faster, simpler and closer than ever before. For example, in the beauty industry, the Company offers clients a clerical support service known as SALON BOARD, which maintains a real-time database of information on stylists and the available reservation times. This provides even greater convenience to users while easing the administrative burden on beautician clients. This type of service, aimed mainly at small- and medium-sized business operators, uses technology to provide these businesses with clerical and administrative support. The information and office tasks have been digitalized, in an effort to elevate the productivity of industries.
Adapting to Different Market Characteristics with Unit Management
In the Staffing business, each overseas staffing company that joined the Group via M&A applies the Ribbon Model to both job seekers and companies looking for workers, as a way to optimize matching and expand hiring opportunities in the global market. The management model implemented for overseas business growth is called Unit Management. In this model, the organization is divided into units based on market characteristics, and each unit is considered to be a single company or business entity, with authority given to the unit manager. The KPI is EBITDA improvement, and each unit independently sets and executes strategies towards profitable growth. Thanks to this model, which demonstrates our Value "BET ON PASSION" each employee is showing more initiative, leading to better services for staff and clients. As a result, EBITDA of the business is steadily growing.