Me: How is the search for the new "SVP of ____" going? (fill in the blank)
Company: We are having our internal team work on it and they are getting tons of applicants!
Me: Understood. How long has that been going on?
Company: three months...no luck yet. Most of the candidates have not been right.
Me: Got it, so have you figured out how long you are willing to have this position NOT filled and how much money the business is losing as result of NOT having this person in the role?
Company: No, but hiring a search firm is expensive.
Me: I get it, there is an upfront investment in hiring a reputable search firm. But you know what is really expensive: failing to meet company revenue targets, not managing costs, failing to deliver product, employee attrition, and loss of morale.
Chris Giangrasso, a former SVP of HR, and I discuss the reasons why he chooses a retained search firm in our webinar.
Why choose a retained search firm vs. internal teams or contingent firms? Chris Giangrasso breaks it down: reputation, confidentiality, dedicated resources, market expertise, and the need for the best candidates.
A high-quality retained search firm will guarantee a successful hire with added services like onboarding coaching.
Check out more of Jeffrey Harvey and the team in our latest webinar! Click the link in the comments to watch more!
#ExecutiveSearch #Leadership #RetainedSearch #BusinessSuccess #CCIExecutiveSearch
