Digital Disruption and its Impact on The Search Party

Professional Ethics
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Running head: PROFESSIONAL ETHICS

PROFESSIONAL ETHICS
Contents
Executive Summary.........................................................................................................................2
Introduction......................................................................................................................................2
Main Body.......................................................................................................................................2
Conclusion.......................................................................................................................................6
References........................................................................................................................................7
Appendix..........................................................................................................................................8
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PROFESSIONAL ETHICS
Executive Summary
Digital disruption is considered as one of the most highlighted trend which is revolutionizing
organizations belonging to diverse sector. Digital disruption is occurring mainly in the form of
implementation of technological advancements in the various business processes of
organizations which helps in creating a competitive advantage for organizations and also disrupts
existing business models. The Search Party is perfect example of organization belonging to the
recruitment industry which has helped in revolutionizing the selection and recruitment process
by reducing the hiring time of organization to 12 days from 81 days and also helps in reducing
recruitment cost by 9%. The company needs to handle disruptive innovation by ensuring that the
culture of the organization and the organizational structure are effectively aligned to the
technological shifts. Also Search Party needs to build partnerships in their sector and adopt
technology solutions accordingly which will help them to drive efficiency, productivity and
business agility. Moreover, Search Party must also ensure that they have an effective
communication system in place in the organization, which will not only help in communicating
the benefits associated with digital disruption process to stakeholders of Search Party but also
will help to drive employee motivation. Further, effective communication at Search Party would
also help to ensure that improvement and innovation are considered key priorities for all
stakeholders of the organization.
Introduction
The Search Party is ideal example of an organization belonging to recruitment industry which
has successfully implemented digital disruption in effective manner by not disrupting any
industry or sector. The Search Party has helped to revolutionize recruitment process by reducing
hiring time and cost of various companies. The current report helps to analyse digital disruption
process in The Search Party through work centred framework and provides recommendations for
handling disruption in effective manner.
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PROFESSIONAL ETHICS
Main Body
As opined by SyndiGate Media Inc (2017) digital disruption is considered as latest trend which
has affected every sector in the world. Digital disruption has changed the way companies
belonging to various sectors operate in market. Digital disruption in most of the sector relates to
digital transformation which implies adoption of advanced technologies to harness various
opportunities which are being evident in market. Digital disruption has accelerated out of sectors
such as retail and ICT and is stretching its grip to various additional sectors which includes
health and education that represents one-third of Australia’s economy.
One of the Australian companies which has successfully embraced digital disruption is Search
Party, which utilizes big data algorithm and smart negotiation platform which helps to bring
value to business organizations, candidates and to the recruitment industry. When Search Party
was founded in 2011, it mainly focused on developing technologies which would help in
increasing productivity and efficiency in recruitment sector. Search Party defines itself as
positive disruptor whose main aim is to simplify recruitment process in organizations, rather than
disrupting existing sectors or organizations. Search Party has also helped in transforming
recruitment industry by adopting technological advancements. As opined by Prasetya, Fontana
and Afiff (2018) business model of Search Party is based on strategic decisions which embraces
cloud technology, recognizes importance of big data and machine learning and uses social
network for public and private network. The main change which is evident in Search party due to
digital disruption is that time for hiring and recruitment can be reduced to 12 days, from an
average 81 days. The digital disruption process at Search Party has also helped in reducing
recruitment cost up to 9%. Moreover, digital disruption at Search Party has also helped in
broadening Australia and UK’s access to larger talent pool.
The Work Centred Analysis of The Search Party is:
Customers
The customers of Search Party are candidates
who seek recruitment in various companies.
The other customers are employers who seek
candidates for filling up vacant position in their
Product and Services
Offers technology products and services which
helps in simplifying recruitment process of
organizations and also reduces hiring time and
cost.
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