The Evolving Role of Senior Executives in the Digital Age
The digital age has ushered in unexpected changes, transforming the very fabric of how organizations operate. Let’s unravel the evolving role of senior executives in
As a senior-level executive, it is likely that during the course of your career you will have encountered an executive search professional, either as an employer or a candidate. It is widely known that search firms have the ability to transform executive careers and improve trajectories, so understanding what executive search firms do and how they operate is vital to your own career progression and job search.
In order to help executives understand more about the industry of search and how to engage with retained search professionals in a meaningful way, we have provided some of our top FAQs from executive candidates on working with search consultants.
Search firms work with their clients, the hiring company, to find talented executive candidates to meet the leadership needs of the company in question. Search firms provide their clients with industry-specific knowledge and expertise to ensure the most qualified and appropriate candidate is selected. This process involves thorough research, confidential networking, detailed screening and a meticulously thought-out selection process to gain a successful outcome for the client.
Executive search consulting is a specialized form of management consulting that often provides significant benefits beyond search including assessing an organization and its culture, integrating a new leader for optimum success and advising executive leadership and boards.
There are two types of search firms, retained and contingency, and it is important to familiarize yourself with the differences between the two. To learn more about retained vs. contingency search and why it is important to ask whether the firm is retained by the client, click here.
Since search firms are paid by the companies who hire them to source candidates for a positon, their main priority is their client, the company. However, search consultants can offer advice and suggestions to candidates who build successful professional relationships with them.
As a candidate, your career information will be held in the strictest confidence by the executive search professional, who will act as an intermediary between you and hiring company and will connect you together should your experience and background be deemed suitable for the role in question.
Since the type of searches handled by retained executive search professionals are not usually advertised on job boards, to be considered for the opportunities they are sourcing candidates for, executives must ensure that they are visible to the executive search community. There are many ways in which this can be done, including:
The digital age has ushered in unexpected changes, transforming the very fabric of how organizations operate. Let’s unravel the evolving role of senior executives in
As navigators of corporate strategy, your boardroom decisions carry significant weight, shaping the trajectory of your organization. But you already know that. In this blog,