The Search is On: Why Hire an Executive Search Firm
Since the competition for talent is as strong as it has ever been, finding the best managers and executives to help you run your company just isn’t going to be as easy as it was in the past. That’s why a growing number of organizations are partnering with search firms that specialize in recruiting qualified high-level leaders. Here are some of top reasons to hire an executive search firm on your next search.
- An expansive network of passive candidates. If you want to rise to the top of your industry, then it requires landing “game-changing” hires, similar to what successful professional sports franchises do. These candidates will already have the right mix of knowledge, skills, and abilities to hit the ground running as soon as they are hired. Exceptional companies never stop looking for those A-players, who are either already excelling in their positions, or have the potential to become great in the future.
- Access to senior executive level talent. In many cases, your human resources department is probably already accessing candidates that are good enough and have many of the necessary qualifications for your entry-level job openings. But, since hiring for C-level positions can risky, because they can literally make or break a company, it’s best left to experienced executive search firms that will reduce the likelihood of a bad hire that can take months to replace.
- A need for confidentiality. Sometimes, the top executive talent that you need is already working for a rival company. Since the practice of corporate poaching is becoming more and more prevalent, companies can either attempt to defend against it through their retention strategies or jump on the talent raid bandwagon themselves. Search firms have methods for dealing with both scenarios.
- A focus on diversity. A growing problem among many senior leadership teams is the overall lack of diversity. In recent years, only a very small percentage of Fortune 500 companies were led by minorities. So, more business owners are trying to narrow this gap by collaborating with executive search firms that conduct original research to ensure equal opportunity for all candidates.
The best formula for landing the top talent on the market is usually a combination of in-house recruiting along with an external executive search firm.
Are you looking for top talent in the Specialty Chemical, Plastics, or Animal Health industry?
Contact us to discuss how we can bring top leadership talent to your team. Boaz Partners is a premier executive search firm focused on the direct recruitment of executives and professionals for the specialty chemicals and plastics space. We are your partner, and our focus is on custom recruiting solutions.
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