There are many ways to approach executive search firms of all types and sizes. The first step in this is to learn more about how each firm operates and to keep any expectations to a minimum to start with. The key to this is in understanding that search firms are not there to help unemployed individuals find job openings, but to serve employers on a fee basis by searching for the best suited and most qualified candidates for any given position.
Senior management and executives should submit resumes to the top of the line executive firms for inclusion in their search databases. Resumes should be tailored to highlight the most important skills while fitting them into a fine-tuned format that surrounds a specific job role and industry. Before approaching any such firm, it is critical to ensure that the desired positions and industries being targeted are backed up with strong qualifications, experience and skills, along with marked accomplishments.
The second step is to determine which executive recruitment firms specialize in the geographic region, function and field being searched for. These are critical in making a match to the right agency so as to avoid wasted time, effort and money. This can be achieved by using the many online or library reference based business databases or directories for recruitment. A list should be created of both exact fits and related fits, and small and large firms.
It should be noted that the list of these potential firms should not be limited to major names. Focus should be put on retainment firms versus headhunters which do regular corporate work for the same employers and are able to do searches regardless of whether they can match a candidate with an employer or not. Firms that work on contingency tend to be less specific in their searches and may match clients to companies based on limited criteria and may not be able to find the perfect match, wasting time and money. The advantage of retainment over contingency or headhunting firms is that, though headhunting does lead to a lot of job placements, retainment firms are prestigious and have more credibility, and have proven their ability to match candidates and employers on a regular basis.
The third step in approaching these firms is to network with people who already work in the industry and may be familiar with the best executive search firms. They will be very adept at making recommendations and may also have been contacted by some of these firms to make recommendations for potential candidates. Therefore, it is possible to use these contacts to recommend one as a potential candidate, making it more likely that these firms will add one to their searches.
The fourth step is to ensure that one is good at what one is able to do. This can be done not only be excelling in regular work, but by taking on other assignments in order to help benefit the company one is already with. By distinguishing oneself in the market or industry, it makes it easier to approach executive search firms and get included in any current or future searches they are making.
The fifth step is to be as helpful as possible to any search firm by making sure calls are returned promptly, informing them of positions of interest and those that one is avoiding, and to make any referrals of people that one may consider to be better qualified for the positions they are offering. Simply by providing helpful information on the outset when approaching these firms can ensure potential job offerings in the future.
Approaching executive search firms is easily done with industry specific resume and doing background research ahead of time on the potential firms to be used. By offering useful information as well as reliable referrals, one can find the best firms to use in the future.
Healthcare Executive Search Firms
Retaining a good executive search firm to find executive candidates for your company is important for your long term success. Before you start to look, it is a good idea to do some homework. First create a list of key performance indicators (KPI) with clear deadlines. This is a list of things the candidate is expected to accomplish on the job. For example if you want the new hire to open up European market for your product, you would write, "Open up Eastern Europe for widget x, making it accessible to at least 45% of the population -- 12 months." The KPI list should span at least two to three years. Next create a description of the position. This would explain the content of the job, company vision, culture, historical performance, candidate experience, desired attributes and work style. Add any other factors that may help to effectively market the position.
Professional search firm will also help you refine the job description but this is going to be a good starting point. Combination of the KPI list and the job description is probably a better way to explain the position than just a bullet point list of duties. KPI list also helps the candidates visualize the job more accurately and connect it with their past experience and their future aspirations.
You are now ready to search for executive search firms. First step is to look up a few search firms on the internet at places like B2B marketplaces, yellow pages, Google and prepare a list. Also ask your business associates for recommendations. It is important to look for firms with expertise in your industry, job position or geographic region. Share the KPI list and the job description with a few firms, and see their response. Expect some of them to withdraw if they do not have the candidates or the expertise to help you.
Once your list has narrowed down to three or four executive search firms, it is time to understand their search process and feel comfortable with the staff. They should provide you with a document that explains the search process. Request them to also provide information about a similar completed search.
Ask to speak with the senior consultant and her team. Understand the search process including the search fees, expected out of pocket expenses and other costs if any. Try to gauge their professionalism, character and personality. Is the search consultant ethical, enthusiastic, professional and well experienced? Ask yourself that if you were looking for a similar position, would you like to speak with these consultants? Many executive search firms have off-limit organizations. If you have any target organizations in mind, make sure they are not on their off-limit list.
It is important to ask the right questions to the candidate to predict their future success. Ask the firm to show you their candidate assessment techniques. Ideally they should have a numerical rating approach to ascertain degree of match with key requirements.
References are critical in the search process and should be checked by the search firm soon after the first screen. Also important is the technical background check that confirms academic and work credentials.
Ask about the success rate of the firm. How long have the hired candidates stayed at their new positions? You need a candidate that is not only a good fit with the job description but one who also sticks around long enough to deliver. Finally, ask to speak with a few satisfied clients of the search firm.
It is worth the time and effort to carefully select the right search firm for your key hiring need. If done right, it will lead to a long lasting, mutually beneficial, business relationship.
Both Greg Heslin & Daljeet Sidhu are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Greg Heslin has sinced written about articles on various topics from Home Management, Computers and The Internet and Career Change. Greg Heslin is a best selling career advice and "street smart" tips author on how to survive in the 21st Century workplace.To learn more about FREE cutting edge career tips and techniques, you can visit his web site at. Greg Heslin's top article generates over 135000 views. to your Favourites.
Daljeet Sidhu has sinced written about articles on various topics from Guide Guitar, Careers and Job Hunting and Certified Public Accountants. Daljeet Sidhu is Co-founder at TradeSeam, a B2B Marketplace and . Sellers JOIN US to start receiving. Daljeet Sidhu's top article generates over 8100 views. to your Favourites.
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