Partnering with a Retained or Contingent Executive Search firm: Which is Right for Your Organization?
An organization is only as strong as its team. That is why hiring is such a critical piece of your organization’s success. Making the wrong hire is costly and can disrupt your trajectory. Making the right hire can catapult you towards success. Partnering with an Executive Search firm gives your organization the competitive edge it needs to find the best, high-quality talent.
Successful recruiting is rooted in two things: People and Processes. The relationship between executive recruiters and clients is paramount to that success. A tailored and targeted search can only begin when both parties trust and understand one another. An executive search firm’s track record of success and the integrity of its employees in conjunction with the transparency and collaborative mindset of the organization are the jumping-off point for that relationship. However, processes matter, as well. Beyond technology, your executive recruiting partner must have a proven, duplicable strategy that extends across industry and job function. A time-tested and market-proven process ensures your exec search is in good hands.
Before hiring an executive recruiter, it’s essential to understand the critical differences between the various types of recruiting companies or the various services offered within a specific company. Engaging the right kind of executive search firm will determine your hiring and your organization’s success.