Are you looking at making your next C-Suite hire? There are multiple approaches to this project. You can keep your process internal, but there are many benefits of an Executive Search Firm being your choice for the hire.
In this blog, we discuss the benefits of partnering with an Executive Search Firm, so you can fully understand whether it is the right approach for your business and how Innovex Executive Search can add value to your organisation.
BenEfits of an Executive Search Firm:
– Provide a Data-Driven Approach to your Search.
When designing a new product or launching into a new market, you wouldn’t make any decisions without having data to back them. Why should the hire of your leadership team be anything different?
A regular Contingent Agency will send you over Candidates that have applied to your job advert. This approach gives you no indication of whether they have the correct levels of experience or capabilities to take on the C-Suite role. Furthermore, this approach can take months to determine whether the Job Advertisement attracts suitable Candidates, prolonging the time to undertake a successful search.
As a Retained Search Firm, Innovex has access to real-time data on your geographical and operational market hiring activities. Our Delivery Team also undertake an initial discussion with you, the Client, to understand your expectations and requirements of your desired role. We can then use both pieces of research to create a candidate brief and compensation package designed to attract suitable candidates for your C-Suite hire.
– Access to Global Executive Networks.
As a CEO and Founder of an organisation, you are responsible for driving an Organisation forward.
It costs Organisations time and money to identify the specific skills and experience needed for their next leadership hire, let alone to have the resources to search for the candidates that match them.
Partnering with an Executive Search Firm means this process is taken care of for you so you can focus on your core business activities.
Innovex has a global talent pool of industry-leading C-Suite Executives in the SaaS, Technology, Fintech, and Cyber Security industries. Therefore, by building a partnership with Innovex, you can achieve an instant step up in your Executive Search by being presented with candidates with the required skills and industry experiences within your geographical location.
– No More Managing Different Recruiters
The Innovex Retained Executive Search model shows our loyalty to you and vice-versa. Unlike recruitment agencies, Innovex’s regular fee structure means we take on the sole responsibility of your hire and reassure you your Executive Search is making progress by giving you access to our 24/7 search database- Loxo.
What’s more, we will give you a weekly progress call. So, you will always have peace of mind regarding your Executive Search.
– Innovex Executive Search Firm Guarantees the Right Candidate
Our Executive Search process adds more layers of security to reduce the risk of hiring the incorrect Candidate.
Your regular Contingency Firm sends over around four Candidates on an ad-hoc basis; speaking to each candidate for 15 minutes, will then send across a brief summary to you but then, it’s up to your organisation to drive the search from there.
Our results-driven approach couldn’t be more different.
Beginning with a search list of 80-150 Executives, we will identify leading Candidates through our Researchers undertaking in-detailed approach calls and then interview them.
If they meet 70%+ of the brief Candidate requirements, they will make the shortlist for you to meet. So, you can guarantee to hire someone who fits your organisation’s needs.
Furthermore, if they don’t work out in the first six months, Innovex will replace the search for free.
Partnering with a Retained Executive Search Firm can offer value to your business by providing a stress-free process, saving your business time and money.
By partnering with Innovex, you’ll have access to the leading talent from your geographical talent pool, a data-driven search that maximises efficiency, and the reassurance you need that your search will be 100% successful.