What is a Retained Executive Search Firm?
Retained Executive Search Firms act as a management consulting arm of their client companies, providing objective insight and counsel, to identify and attract top management talent to help them build the leadership capital they need. The Search Firm serves as your ambassador in the marketplace to help you assess what is happening in the industry and identify superb candidates for your respective management positions. Today, the need for leaders with the right combination of experience, skills and chemistry is paramount in a constantly changing business environment. A high-quality search firm enables companies to capitalize on a pool of top caliber executives to maximize their shareholder value. |  |
How do we select an Executive Search Firm?
First, you want to ensure the Firm and their consultants will be effective ambassadors of your organization. Second, that the consultants take the time to understand your organization, your culture and business environment. Third, that the Firm and the consultants give you top priority. Fourth, the Firm and its professionals bring the necessary experience to consistently handle your engagements. Fifth, that you are comfortable with the Firm's methodology, style and professionalism to successfully execute the assignments.
How do we generate our candidate pool? Where do we get our research?
Our candidates are generated through a combination of our extensive industry contacts developed over hundreds of successfully completed searches and captured in our state-of-the-art database. In addition, we effectively utilize our research materials in our research library and through information technology capabilities. For instance, annual reports, directories, newsletters, periodicals, databases, the Internet etc. In addition, we capitalize on our global industry networks to source for potential candidates.
How does Kiradjieff & Goode's search process work?
Conducting the Search: Confidentiality, Commitment, Quality and
Team Work. Organizations are frequently reluctant to broadcast efforts
to make strategic management changes. Individuals are often equally reluctant
to compromise their current positions by openly exploring new opportunities.
At Kiradjieff & Goode our business and reputation depend on a demonstrated
commitment to independence and confidentiality. We preserve the essential
confidentiality on both sides throughout the delicate process of matching
client with talented executive.
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Determining our Client's Need - Together with our client, we determine
their specific and unique requirements for successfully completing the
engagement. This process entails partnering with our clients to understand their business, organization and culture. We outline the key characteristics, the reporting structure, business strategy, right chemistry fit, compensation parameters and other relevant information to begin the search.
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Defining the Position Description - After meeting with our client,
we draft a preliminary position description for their review. The position
description outlines all the key characteristics the client is seeking
for and the "would like to haves." Once the client signs off on this position description, a full search effort is undertaken.
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Research - A thorough search is done of all our in-house research
materials, files, similar searches, computer database and key contacts
to begin our sourcing for qualified candidates.
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Identifying Potential Candidates - Thoroughness & Speed - We
begin contacting prospects and evaluating their credentials vis-a-vis the
position description. This is done in a very timely fashion to ensure prompt
results.
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Candidate Interviews, Screening/Evaluations - Prospective candidates
are screened by us and evaluated as to their appropriateness, our client's culture, industry etc.
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Presentation of Candidates - Confidential candidate profiles are
submitted to our client with candidates who we feel most appropriately
match our client's particular specifications. We handle all the logistical
issues relating to these meetings.
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Final Referencing of Successful Candidate - On-going reference checks
from the start are completed on potential candidates to probe on their
experience and qualifications. We give our clients specific feedback on
what was said by references.
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Timely Completion of the Search - We play an active role in structuring
the compensation package between the candidate and client. We also follow
up with calls and thank you notes to those individuals who have been helpful
in executing the search and candidates who are not selected.
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Post-search Follow Through - We continually follow-up with both
our client and candidate to ensure a smooth transition and that everyone
is satisfied with our results. This effort closely ties into our long-term
relationship and retention strategy.
To summarize, for organizations seeking top senior managers in today's highly competitive executive market, utilizing executive search may be the sole way to attract the optimum combination of experience, skills and chemistry fit. Capitalizing on the capabilities of a top-caliber executive search firm like Kiradjieff & Goode can ensure that you will benefit from an in-depth knowledge of the industry and the ability to secure the top players to maximize your shareholder value.