The need for a strong and effective senior leadership is at the core of the whole gamut of recruitment-related activities that are undertaken by Talent Acquisition managers in organizations. The Senior Management of a company is entrusted with key functions like Corporate Strategy and Planning, Financial Budgeting, Human Capital Development, Marketing and Sales, Establishing policies and procedures and more. All these functions if executed in the right manner and in keeping with the Vision and Mission of the organization have to power to lead the company to greater heights, to- transform the business and gain excellence, motivate employees to achieve their personal and team targets, to gain and maintain a healthy market share and attain a sustainable development path.”With great power comes great responsibility,” this phrase is particularly pertinent in the context of Executive Search. It is essential for companies to hunt candidates who are equally motivated and committed to the pursuit of such excellence.
Role of Executive Search Firms
The need to find top performers for key positions could be addressed through focused and result-oriented partners to understand the business, the challenges in executive hiring, seek to minimize the risk in the cost-intensive process of executive hiring and a less lean time ratio between the floatation of and executive position and its closure. The right person-culture fit determines the efficiency of the executive hiring process. This is primarily because there is no dearth of well-qualified and competent personnel for such high-profile jobs, the real challenge lies in assessing how well a particular individual would fit in the existing work culture. Moreover, Executive Search is a tedious process involving extensive research on the candidates working in the same industry, role and capacity. It is therefore essential to have a clear understanding of the hiring criteria before finalizing a pool of probable candidates. This task is best undertaken by experts as their focus and expertise enables them to save time on the extensive research and yet manage to deliver within the timelines.