Usually, people ask this question and with good reason. Most companies, including African recruitment companies, find hiring challenging, especially at the executive level. That is why they want to know the secret behind looking for the best candidates. In fact, it is pretty difficult today due to the talent shortage.
However, in today’s blog, we will shed light on how executive search firm India find candidates. We will even share answers to some other questions such as how long a search normally takes, advice for candidates looking to be found, and more.
Therefore, without further ado, let us get started.
Why Do Companies Hire an Executive Search Firm?
Companies usually hire an executive search firm because they have a leadership role to fill, which is critical and time-sensitive to their business. Companies need to be confident that they have the best candidate for that role. Usually, an executive search firm uncovers perfect fits that were unknown to the company. Companies hire an executive search firm over an in-house team because the internal team does not have the time, expertise, network, or skill set to achieve the desired goal.
Different Types of Executive Search Firms
Executive search firms generally specialize in some way. Those ways are listed below.
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By Industry
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By Position
Even such firms are varied by the way they do searches.
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Contingency
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Retained
An executive search firm that works on a contingency basis generally gets paid contingent when hiring someone.
On the other hand, a firm that works on a retained basis usually gets paid fees at the onset of a search. In such a search, the perfect fit is the goal of retained searches.
How Do Executive Search Firms India Find Candidates?
Well, executive search firms do not simply pull candidates from their database. What they do is they approach searches through a number of angles, incorporating:
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Finding who has been successful in similar companies
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Doing research on social channels and internal databases
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Activating their peer network
A good executive search firm like Ross Warner HR does not rely on one of these angles. If any firm relies on only one angle, it will get misleading information. A great company conducts deep research into all three angles, and that’s the reason they get certain names that other firms do not get easily.
Some recruiters overly rely on their network, but here they are making mistakes. It is vital that you validate your chosen candidate in the market. When you jump to known candidates without doing due diligence, it is the fastest path to hiring the wrong person.
How Long Does an Executive Search Typically Take?
Generally, the hiring process for executive search takes 90 days from start to offer, but such a timeline can be affected by various factors like the company’s capacity to make the decision faster and the competitiveness of the market. Sometimes a great search firm identifies the candidate in the first 30 days, but you still have to go through the interview process. However, much of the research is complete within that first month.
Whenever companies outsource their executive search, there are four questions that they usually consider are:
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Does this firm have the ability to represent my company just like we want them to?
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Do they understand what we are trying to achieve as a business?
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Do we trust each other to have real conversations?
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Do they have a successful track record in searches similar to mine?
Wrapping Up
In a nutshell, hopefully, from the above discussion, you have got the information regarding how does executive search firm India finds candidates. However, if you feel we have missed out on something and want to know more about the process, you can connect with Ross Warner HR – https://www.rosswarnerhr.com/ the overseas job consultants in india today!
