Executive Recruiting 101
By Rob Halvorsen on Sep 5, 2007 in Sales Recruiting
The area of executive recruiting has become intensely competitive in the past few years. It is becoming more and more difficult for a company to attain and retain the right executive personnel. It is a challenge as well as an opportunity to find the best possible people who can fit within the culture of the company. If an organization fails to find the best executives, it could face a wide range of problems in both short term and long-term scenarios.
The process of executive recruitment demands skill, judgment and experience of the senior professional. Separating the exceptional from the average performer and assessing them against the needs of the position requires more than just pedestrian skills.
In any company, assessment of a candidate is generally done through written tests and interviews. Written tests and interviews provide an opportunity to make a fair and objective assessment of a candidate’s skills and abilities. A panel consisting of two or more senior professionals of the company generally handle the interviews. The panel members ask questions in relation to a number of specific job-related skills and behaviors, such as business insight and leadership qualities. The panel tries to assess if the candidate possesses the typical qualities of an executive. Typical qualities of an executive include ability to motivate, transfer knowledge and work in teams. An executive enjoys working with people and is well organized with near-perfect attention to detail. A qualified executive has the capability to work with little supervision and anticipate needs in advance. The interview panel members try to assess a candidate for these qualities and finally select the best candidate for the executive position.
In place of using in-house human resources for recruiting executives, many companies are utilizing the services of executive recruiting firms these days. Sometimes these firms are better options for executive recruiting than in-house human resources. Hiring the services of a recruitment firm not only streamlines the work-flow for existing businesses, but it also provides a solution for the demands on creativity that recruiting the executives demands. These firms provide strict confidentiality, an extensive network of contacts, objectivity in candidate evaluation, and negotiation expertise. These firms can also help clients evaluate their expectations, review relevant organization structure and reporting, and define a realistic profile and compensation package for the executive position. The consultants provide objective feedback on the candidates and advice to the client companies. These firms are expert in research and reference checking and can collect significant information from even reluctant reference-givers.
While a recruiting firm helps a company in their search for the best executive talent, it is important for the company to understand that a wide range of factors must already be in place within the company itself in order to attain and retain the talent. Some of these factors include appealing work environment, handsome salaries, other benefits and a thriving and positive public image of the company. When these factors are present and in place the efforts to recruit executives become not only easier, but ultimately more effective in pulling in the best candidates.
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