How should you hire an executive? And how can an Executive Search Professional help you?
- Hiring a new leader is a huge decision. It can make or break your company.
- Preparation is critical in the search for executive talent.
- To identify who you need to hire, develop a value grid. Identify what your company needs in a candidate, where you’ll find people with those qualities, and how to draw them to you.
- An executive search is a full-time job. You need a committee made up of objective, qualified professionals who can dedicate themselves to the search.
- Defining what you are looking for is essential for a successful search.
- Give candidates a position profile to pique their interest.
- To find good candidates, you need focused and multi-faceted research.
- Plan a five stage interview process. At least two search committee members should be involved at each stage. Take notes as you interview, and debrief afterwards.
- If a candidate makes it through the interview process, do your due diligence: contact their references and former coworkers to confirm their work history and character.
- Your job offer should take industry norms into account, but also align with what you pay existing personnel and your candidate’s specific needs.