In this week’s issue of the EQ.app AI community, we will explore:
AI Focus Framework
Free AI tools to try
News
M&A staffing & recruitment poisoning
AI's Impact on Jobs
Events and VIP: CODES
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AI Focus Framework
My Dad was an Olympic fighter; as a kid, I remember his training regime: running before work, then working as a kitchen fitter, then training for Taekwondo, and teaching three classes in the evening; he was focused.
I took these lesson to heart and excelled in professional sports and climbed the corporate ladder faster than seemed possible.
I’ve realized that at this stage of life, if you want to be excellent at anything, you need a purpose-driven focus, sports, business or personally.
The "P" I love to talk about out of my 10ps is purpose. This is extremely important when we think about why we use AI.
Last week, I talked about business flow, “the why” which results in purpose-driven focus.
However, you must “connect the dots in order to collect the dots.” Sometimes it's okay to be in discovery mode before going all in.
The big talk in AI right now is about adoption, which I think is important, but more importantly, who will adopt AI?
We know that necessity is the mother of all invention, so adoption must follow necessity. How do you know something is necessary? Well, it all ties back to your purpose, which flows into your objectives.
for example:
For this next phase of our business, EQ.app is super focused on helping happy recruiting teams.
I emphasise quality because we know that the primary objective of any business is to:
“get customers and keep them happy.”
Get into focus for 2025.
Tools to try!
📈 For Recruiting teams Productivity
EQbuddy: The AI Business partner for recruiting, designed to connect you with the right people and knowledge to save you time.
Supernormal: Supernormal streamlines your meeting notes, prep, and insights—turning meetings into moments of productivity and genuine connection
Events
Live Audio today
AI in Recruiting
Thu, Oct 10, 2024, LinkedIn Live 1pm PST
Virtual
📅 Hosted by Alan Mait from LEAD3R, this roundtable will explore how AI can be your strategic business partner, offering tools and insights to multiply your impact and drive sustainable growth.
In-Person 10 VIP PROMO CODE: = SPONSOR
SAVE $229
Revolutionize
This month, I’ll attend and speak at the Revolutionize Conference in Oakland on October 23rd. This is a unique opportunity to engage with leaders committed to essential discussions and diverse perspectives.
In the News:
Spotlight: Rise in US recruitment market predicted in 2025
Source: Recruiter Magazine
Summary:
📈 Key Points
M&A Activity Surge: A significant increase in mergers and acquisitions (M&A) in the US recruitment market is expected next year, influenced by the upcoming US presidential elections and anticipated tax policy changes.
Market Conditions: The US market has seen a decline in M&A activity and pricing since 2021 due to reduced private equity involvement and debt market constraints, despite strong fundraising efforts.
Private Equity Influence: Private equity (PE) plays a smaller role in US M&A compared to Europe, but there is an expected shift with more PE investment in the US business-to-business sector.
Seller Market: A surge in sellers entering the market across various industries, including recruitment, is anticipated, which will drive pricing and transaction volumes.
📚 Learnings
Strategic Positioning: Staffing companies are increasingly trying to position themselves as technology companies to achieve higher valuations, though many are not succeeding in this transformation.
Spotlight: 80% of software engineering workforce will need upskilling because of AI
Source: Staffing Industry Analysts
📈 Key Points
Upskilling Requirement: Gartner projects that 80% of the software engineering workforce will need to be upskilled due to the impact of generative AI.
📚 Learnings
Emergence of AI Engineers: A new role, the AI engineer, will emerge, requiring a blend of software engineering, data science, and AI/machine learning skills.
Investment in AI Platforms: Organizations will need to invest in AI developer platforms to efficiently build AI capabilities and integrate AI into enterprise solutions.