"To strive, to seek, to find and not to yield." - Mahatma Gandhi
Executive search referred to by some as "headhunting" is a recruitment strategy that organization can adopt when it finds there are not many people of the right qualities to fill senior key management positions. You cannot avoid doing this when the situation requires you to do so. This is something that organizations will have to resort to when looking for scarce talents.
Your organization may headhunt the next CEO, Chief Operating Officer, Chief Financial Officer and so on.
However, remember that doing so may cause ripples among organizations where the targeted candidates are working for. The question is whether or not you are ready to face this situation. Tread carefully when conducting your recruitment exercise.
When to Make Use of Executive Search
Use this method in the situations mentioned below.
This means that you need to conduct some research on the availability of potential candidates in the job market. Do this discreetly.
Executive Search Process
Ensure that you carry out the following.
You need to determine how critical are these people in your management team. Ask: "What will happen if I do not conduct the recruitment now?"
If you use a consultant, ensure that you choose someone who has the right expertise and background knowledge of what your organization needs.
Ask further whether the new executive can provide added value to help you to better compete in the industry that you are presently engaged in? But remember not every organization can get a Steve Jobs.
It has been said that this method of recruitment is not cheap.
It was also criticized as being not truly effective in finding the right people that organizations want in order to accomplish their objectives.
But in spite of this, it is still very popular among large organizations.
We can further say that this method is time-consuming. You may have to interview the candidates in order to satisfy yourself that the candidates recommended by the consultant have the right qualities for the positions.
However, you may have to use this recruitment method when circumstances require. Remember that it will not always give you the talents that you need. To do this more effectively, you need information.