How to Select an Executive Search Firm

1. HOW TO SELECT AN HOW TO SELECT AN EXECUTIVE SEARCH EXECUTIVE SEARCH FIRM FIRM Finding executive talent has always been difficult, not least of all now that people are looking for greater work-life balance. You may have identified the perfect candidate, only to discover that they are reluctant to leave their current job or are not keen on the idea of added responsibility. C-suite and executive roles play an integral role in the overall success of your company. While you certainly don’t want to leave a position such as this vacant for too long, hire the wrong candidate and you could be regretting your decision for a very long time. With this in mind, more and more companies are turning to executive search firms to help with the almighty task of hiring an executive. But with so many search firms out there, how can you be sure that you’re partnering with the right team? Selecting an executive search firm is as important as hiring for a CEO role. Continue reading to learn more about the key traits you should look out for when meeting with potential search teams. Knowledge of your industry Knowledge of your industry While there are key factors that influence the day to day operations and long term strategic plans of all industries, your sector is no doubt unique in many respects. Now, this doesn’t necessarily mean that your chosen candidate needs to have extensive experience in your field. Plenty of CEO and executive business leaders have successfully made the jump from one industry to another. What is important is that any executive search firm you are thinking of working with understands the current trends and future outlook of your sector. They will then be able to identify candidates with the hard and soft skills to lead your business to on-going success. Teamwork Teamwork The best executive search firms will act as a natural extension to your existing team. Ideally, you are looking for a firm that you can develop a long-term partnership with. You may only be hiring for one candidate at the moment, but you’ll no doubt need additional recruitment assistance further down the track. Wouldn’t it be better to have a Connections Connections team that already understands your company culture, operational needs, and One of the main reasons people strategic goals? choose to work with executive search firms is that they have all When meeting with potential executive the industry connections. This search firms, ask about how they go might sound like an exaggeration, about building positive, professional but a top search firm will have relationships with clients (eg. yourself) knowledge of every leading player and what can be expected from working in your industry. These connections with them. means you won’t have to rely on candidates noticing and Selecting an executive search firm is a responding to a job process that should take time and advertisement. Instead, you can demand attention. However, once you’re go out and proactively seek top certain you’ve made the right decision, talent who will make a real the stress of advertising for, interviewing, difference in the role. and screening executive candidates will be taken right off your shoulders. And doesn’t that sound nice? Source: https://www.amropcarmichaelfisher.com/