Monthly Archives: September 2012
As many executives know, hiring is always a challenging matter for organizations. Getting the” right people on the bus”, to quote Good to Great, author Jim Collins, is job #1 for any CEO, University president or EVP seeking to grow, develop and bring long-lasting transformational change to their organizations.
Since the beginning of September, our phone has been ringing from clients and prospects wishing to explore engaging our firm to help them attract the right leaders for their organizations. We think this development is worth sharing with readers of our blog and friends of KULPER & COMPANY because our business tends to be a leading economic indicator for the broader economy.
When search firms are particularly active it means that companies and universities are serious about stimulating their growth and development by attracting new leadership talent for key positions. Often this does not mean simply replacing an existing leader due to retirement or for other reasons; rather it is because the organization wants to expand and grow in a sustainable manner. The positions we are asked to assist in filling are often completely new jobs… perhaps the truest indicator of an expanding economy if there is one since increasing organization headcount involves such a long-term expense.
Smart board members and trustees like to have an executive search firm involved because it helps to expand the reach of the hiring effort; so do the best presidents, CEOs and EVPs. Use of their executive/administrative network to fill key positions, while convenient and seemingly cost effective, can be less than optimal since the candidate pool may exclude too many potential “A” level candidates since if candidate outreach is limited, it stands to reason that fewer “A” level candidates will become aware of the opportunity. A professional, comprehensive approach not only increases the odds of hiring success but also provides invaluable market intelligence resulting from a thorough review of the candidate channel.
Effective executive search consulting involves a comprehensive approach that broadcasts and markets the hiring need in a compelling and professional manner to “A” level candidates who potentially will be perfect for the role.
As the third quarter economic results are reported in the weeks ahead we believe that the numbers will reflect a solid uptick in growth and point to continued economic expansion. What is more important to your organization…a quick solution that might be less than satisfactory or a great hiring match that will likely result in helping achieve the long-term growth and development objectives of your organization?