Finding the right executive talent is crucial for organizational success, and working with an executive retained search firm offers a focused, customized approach.
When we work with our clients on search projects, we do not assume they aren’t capable of conducting a search on their own. Rather collaborate with them to make the process work more quickly, efficiently, and effectively, and relieve them of the time-intensive work of actively engaging with the talent pool throughout the process. And because we are often working with volunteer boards of trustees or directors who have other professional responsibilities, we help the process move forward while they attend to their other work.
If you haven’t worked with a search firm before, here’s a quick look at what to expect when partnering with one:
- Initial setup and needs assessment - The process starts with a thorough understanding of your organization’s culture, values, and needs for the executive role. This involves detailed discussions to define the role, agree on timelines, and clarify the retainer fee structure.
- Research and candidate sourcing - Unlike traditional recruiting, retained firms focus on sourcing passive, top-tier candidates. Using networks, industry expertise, and direct outreach, they engage high-quality leaders, often under the radar, to ensure a strong fit.
- Candidate presentation and interviews - The firm will present carefully vetted candidates with in-depth profiles, then assist with coordinating interviews. They gather feedback from both parties after each round, fine-tuning the search if needed.
- Negotiation and offer management - When it’s time to make an offer, the firm provides market insights to help structure a competitive package, serving as a mediator to address any candidate concerns and facilitate smooth negotiations.
- Onboarding and follow-up - After placement, the firm often assists with the new hire’s transition, providing support through onboarding and checking in regularly to ensure long-term success.
Retained search firms offer deep industry knowledge, access to exclusive networks, and a commitment to your search. They focus on finding a true fit, supporting you and the candidate throughout the process to secure a lasting placement.
Partnering with a retained search firm offers the thorough, dedicated approach needed to attract and retain top executive talent, helping you make a strategic investment in your organization’s future. Learn more about our recruiting work here and contact us to learn more.