Rypple, Actually Tidal Wave, in the HR Pond

Posted by Divesh Sisodraker

I spend a lot of time looking at what is going on in the world of HR software, partly because we are in the space, partly because it is interesting, and partly because there is a MASSIVE amount of opportunity out there.

One of the trends that is happening in the marketplace is that work is becoming more distributed, people are working for companies for shorter periods of time and more people are becoming contractors rather than individual employees. Hand in hand with that evolution is the concept that individuals are taking more ownership of their career development. Vancouver based Jiibe has started to push the envelope in terms of connecting people and companies that fit them from a cultural perspective.

My favorite, and not just because Peter Thiel has invested, or because it was started by a couple of friends, is a company called Rypple. The premise is dead simple, but the results are outstanding. Within just a few minutes, you can ask questions of people you trust, get feedback them, and use that feedback to improve your own personal performance. The neat thing about the model is that it takes performance management away from an employer led annual hand wringing exercise, and puts it into the hands of individuals into a continuous feedback loop. They have had great coverage in The Economist and Business Week.

Being compared to Facebook and Twitter? Not bad. Rypple is one to watch, or work for.

Company:
Jiibe
Website:
http://www.jiibe.com
Location:
Vancouver, British Columbia, Canada

Jiibe is a user-powered online service that helps people make better decisions for a happier life. First we help you understand what sort of workplace you need to be happy. Then we point you to companies that match based on the real-life experiences of other members. The Big Picture Traditionally, job seekers are drawn to companies that have appealing brands or exciting career marketing sites that rarely give the... more

Company:
Rypple
Website:
http://www.rypple.com
Location:
Toronto, Ontario, Canada

Long before Rypple, we started a software company called Workbrain. Workbrain helped huge companies schedule and pay people. Within a few years, we grew to over 650 people. Like every big company, we set up a "Performance Management" program. We thought that formal reviews would help us manage people and the business. They did. Sort of. Our process helped the company but not our people. It calculated bonuses and... more


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Divesh Sisodraker

Divesh Sisodraker

Divesh Sisodraker is a Partner of Vanedge Capital. He is currently transitioning from his role as President and Chief Executive Officer (CEO) of coincidenceLabs, an early stage company that provides consumer brands with social customer relationship management (CRM) technologies. Prior to coincidenceLabs, Divesh was Executive Vice President and CFO at San Francisco based Taleo Corporation.... more




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