When searching for the best-suited executive talent, you need to work with the best executive search firms. Conducting a talent search internally can increase the risk of businesses making the wrong hiring choice. If a wrong hiring choice is made, it can result in a waste of resources, finances and time. So, what should a business look for when searching for executive search firms in Australia?
How involved will they be?
The quickest way to identify if an executive search firm will be ‘hands-on’ is if they operate with a context-driven approach. This approach means that the search firm will work closely with you to understand your objectives and needs for beginning their talent search.
If their client has needs specific to their business or industry, they will factor all this in so they will know the exact type of candidate they should be searching for. This could be ensuring they are the right cultural fit for the company, possess a certain set of skills or has a certain amount of experience in a particular area.
A range of services
Some of the best executive search firms offer a vast range of services other than headhunting. If a business is in need of sourcing top senior and C-suite level talent, then they most likely would benefit from additional services such as leadership and board advisory services. Businesses can fall victim to issues such as a lack of leadership in the workplace or skill gaps regarding upper management.
An executive search firm that offers a range of services such as executive coaching, competitor intelligence, and market mapping services can provide assistance in a variety of different areas. They can offer talent strategists who will conduct and manage leadership assessments in order to identify skill gaps across board, executive and senior management areas.
Executive talent that stays
The hiring process for senior and C-Suite level talent is more expensive, time-consuming and more in-depth than sourcing talent for lower-level positions. This means a candidate who leaves the business after a short amount of time results in a bad hiring choice.
To combat this, executive headhunters have a thorough and rigorous process when searching for talent. During their search, they will ensure that each candidate has a long track record with their previous employers. When assessing each candidate, they also ensure that they share the same goals and values as the business to ensure that the business is also the right fit for the candidate.
Do they conduct their own assessments?
Executive search firms that conduct their own assessments and screenings are more likely to make a better hiring choice due to their vast amount of experience. When rigorously screening candidates, they will examine their work history, long-term career goals, their strengths and weaknesses, qualifications, skill sets and more. This ensures that businesses are only presented with candidates that are best-suited to the position.
Keep these tips in mind when searching online for the best executive search firms and take the stress out of your hiring process.