The best organizations have a world-class executive team that can make things happen. This team is composed of individuals with the necessary skills, knowledge, and experience to lead the company to success. They also have the ability to work together harmoniously to get things done. Learn how to build a world-class executive team in this article.
What is executive recruiting?
Recruiting executives is just as it suggests: finding and hiring a qualified candidate to fill a C-Suite or upper management position. As a company grows, more executives will be added to lead the expanding teams. For certain companies, these roles might be filled by people that already work for the company, but oftentimes candidates are sourced outside of the company. Large companies tend to have a great executive team behind them that drove their success.
What is an executive search firm?
An executive recruiting firm helps companies with the sourcing of candidates. Executive search professionals assist a company in the process to recruit executives: the search, pipeline building, vetting, interview process, and closing your top pick. A recruiting firm puts the time and work into finding you a high quality candidate so that you don’t have to. Recruiting professionals are experts in finding individuals who have the qualities and qualifications you are looking for in executive leaders and convincing them to explore your opportunity.
Major challenges with in-house executive recruiting
Recruiting firms' sole focus is to find you the best candidates for your executive roles. The challenge with in-house recruiting is that your recruiting team can be stretched thin. If you hire an executive search firm, they will be bringing candidates to the internal recruiters to curate the best candidate pipeline for you. This takes the brunt of the burden off your in-house recruiters to source candidates. Additionally, working with a recruiting firm can give you an edge over your competitors using internal recruiters to find the best candidates. Recruiting firms constantly have a pipeline of active, pre-vetted candidates, so the time-to-hire is often significantly faster.
Should you outsource your search?
There are benefits to promoting existing employees to your executive team, such as pre-existing knowledge of the company, its culture, its product, etc. However, it’s important to consider the positive impact outsourcing can have on your company. If you’re interested in growing your company, hiring someone that has experience with similar growth trajectories can be an essential addition to your team. Though internal recruiters have the experience recruiting outside of your company, a recruiting firm often has the more specialized knowledge and access to ensure you have access to a wider variety of qualified candidates.
Find and utilize the best external help
Over the last 10 years, RJR Partners has worked with hundreds of companies to help them identify and hire top executives. Our services ensure your team only needs to focus on the most highly qualified and vetted candidates so that you can make your critical hire faster. If you are interested in learning more about our offering, please reach out.