Page 145 - James Caan - The Real Deal
P. 145

13 · Learning to Innovate



            a bit like the milk rounds companies do for final-year undergradu-
            ates, and there will be plenty of candidates all looking for a job.’
               ‘And what do you want from me?’
               ‘Just a contribution towards the cost of the advertising.’
               ‘And that’s it?’
               I asked several clients to make a similar contribution, and then
            asked another to pay for the venue hire, and another to help out
            with the costs of refreshments. Normally these clients would pay
            Alexander Mann a 25 per cent fee, which could often be a
            five-figure sum. If they only hired a handful of candidates, they
            would make quite a saving. If they hired several, they’d be quids
            in.
               I then hired an advertising agency to design full-page ads for the
            press. It was a brilliant campaign packed with logos of companies
            like BT, Glaxo and the high-street banks inviting jobseekers to a
            free recruitment fair at the Dorchester, one of the best hotels in
            London.
               The branding for Alexander Mann was incredible, but that
            wasn’t the real benefit: if 800 people turned up and our clients
            hired 100 of them, we still had 700 jobseekers whose details we
            could store and find opportunities for. My consultants desperately
            needed candidates, and in one day we were going to find hundreds
            of them. Or so we hoped. At that stage we had no idea if the plan
            would work because it had never been done before.
               I turned up at the Dorchester not knowing what to expect: for
            all I knew, I might have been about to embarrass myself and my
            company in front of some of our biggest clients. When I pulled up
            and saw the queue outside, it was an incredible feeling. I didn’t
            quite dare hope the queue was for our event, but I had a sneaking
            suspicion it had to be.
               The key for us was the registration process. Although our clients
            had footed the bill it was still only valuable to us if we got the
            names, addresses and phone numbers of all the attendees. So I had




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