What Makes Executive Search Firms Stand Out, And How - WalkWater Talent Advisors - PowerPoint PPT Presentation

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What Makes Executive Search Firms Stand Out, And How - WalkWater Talent Advisors

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It is advisable to hire one of the top retained executive search firms in India to help you find the most suitable candidate for a senior-level job in your firm, as their process and capabilities are what make them stand out. – PowerPoint PPT presentation

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Title: What Makes Executive Search Firms Stand Out, And How - WalkWater Talent Advisors


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What Makes Executive Search Firms Stand Out, And
How? - WalkWater Talent Advisors
Executive search is a specialized recruitment
service that organizations pay to seek out and
recruit highly-qualified candidates for
senior-level and executive jobs like President,
Vice- president, and CEO. Finding such top
talent can be challenging, which is why
companies hire specialized executive search firms
to help them recruit. This could also be because
the company may not have the internal resources,
network, or evaluative skills to recruit on
their own. Then, hiring such executive search
firms can also help recruit indirectly from
competitors, allowing to find candidates that
might not be able to be found otherwise.
  • What makes executive search firms stand out?
  • Executive search firms focus on filling
    senior-level, executive, and high-level
    management positions within a company.
  • Executive search firms are high on communication
    skills, which is most important to attract top
    talent.

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  • Executive search firms have high volumes of roles
    and candidates on their database, which is
    reliable to find relevant
  • candidates for any job.
  • Executive search firms are capable of finding
    candidates that are not immediately identifiable
    in the market, by utilizing a
  • range of personal contacts in the industry and
    in-depth knowledge of the trade.
  • Executive search firms combine deep industry and
    functional
  • knowledge with a proven executive search and
    assessment process to find candidates who can
    best fit an organizations unique needs.
  • All in all, identifying and attracting
    high-performing talent requires a rigorous
    approach to assessing executives ability to be
    successful in the required roles and situations,
    which is just what executive search firms can do
    through their thorough understanding of
    different industries and functional roles, and an
    impeccable judgment.
  • Procedure of recruitment adopted by executive
    search firms
  • Executive search firms use the recruiting
    industrys best practices in order to get the
    best candidates for executive positions. Heres
    a detailed list of the procedures that they
    follow.
  • Strategy and Research It all begins with a
    strategy, which considers the level and scope of
    comparable roles and other data points like
    office location, company culture, company
    ranking, etc. They then target companies within
    specific industries and within specific
    geographic locations to have a list of potential
    leaders to go after. But, theyll approach a
    candidate only if a contact in their network can
    verify that the candidate is solid. They also do
    a lot of research with a

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  • variety of tools, previously conducted market
    analyses, and alternative internet sources like
    social networks.
  • Technology Only the best updated technologies
    are used to source and screen candidates, such
    as customer relationship management software,
    recruitment software, etc. After all, executive
    search firms need to stay on top of the latest
    technology trends to get things done effectively.
  • Networking Executive search firms always take
    advantage of the wide network that they have with
    prospects, candidates, and hires. They tend to
    this network to strengthen existing
    relationships with regular communication, and
    also constantly stay on the lookout for new
    relationships.
  • Client and Market Analysis Next comes thorough
    analysis of the hiring company, so as to identify
    key opportunities for the new executive, and
    define a candidate profile that fits into the
    corporate culture and organizational structure.
    In addition, a deep analysis of the market is
    done too to create a compelling job profile, as
    market analysis can help outline the competitive
    environment and influence the type of executive
    the search firm will look for.

5) Research and Reference Checks Next, a
research is done to identify and profile idea
candidates, mapping the reporting relationships
and building out charts of target teams. The
executive search firm will also query its own
candidate database, proprietary information
services, and
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  • social networks to yield prospective candidates.
    Then, these candidates are checked for
    references, making every effort
  • to ensure discretion and confidentiality.
  • Interviewing The executive search firm will get
    in touch with the hiring company to outline
    search requirements, the organizational
    strategy, the companys mission, and timelines
    to get an idea of the corporate culture. The
    requirements of the role are further discussed
    with key board members, members of the senior
    executive team, peers, and subordinates. Top
    prospective candidates are then interviewed and
    evaluated in a deep-dive interviews, to be able
    to compare the candidate against the candidate
    specification. After such multiple interviews,
    the candidates will be shortlisted to somewhere
    around 10, based on their background, interests,
    and competencies. Finally, the list is refined
    to a slate of 3-5 strong contenders.
  • Closing the Candidate The 3-5 strong contenders
    are then brought in to be interviewed by the
    client company, so that the most apt candidate
    is selected. Once the final candidate is
    selected, the executive search firm will
    negotiate a package that is agreeable to both the
    client company and the candidate. When the offer
    is accepted, it is considered a closed deal.
  • With such a systematic process in place, an
    executive search firm can help arrange for both
    the client company and candidate their own needs
    to be effectively met. If you are interested in
    working with such an expert recruiter, WalkWater
    Talent Advisors is one of the top retained
    executive search firms in India you can rely
    upon, for hiring the best candidates for your
    firm.

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For more https//www.walkwatertalent.com/
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