What Does an Executive Search Firm Do?

April 24, 2020
Posted in Recruiting
April 24, 2020 Recruiterie

When searching for high-quality talent, many companies find recruiting on their own to be complicated. In fact, the growing skills gap in the United States is one of the major factors that makes finding talent, especially for leadership roles, a challenge.

One significant solution to this challenge is partnering with an executive search firm. As a specialized expert in executive recruitment, an executive search firm’s team can find skilled candidates for a client’s high-level positions.

Before partnering with an executive search firm, you may find yourself wondering: What does an executive search firm do?

To make the most of a partnership with an executive search firm, understanding how that partnership benefits you is crucial.

Below, we discuss what executive search firms do to find and place top talent in high ranking leadership roles.

General Search Firm vs. Executive Search Firm

First, it’s important to understand what makes an executive search firm different from other recruiting firms.

Put simply; a general search firm does not have the specialization to recruit solely for executive positions. A search firm may offer executive services; however, it lacks the focus that a specialized executive search firm possesses.

Additionally, this focus allows executive search firms to provide clients with a more consultative relationship.

It is a genuine, long-term partnership that is fostered between clients and the executive search firm.

Conversely, a search firm without a specialization is unable to provide as much time and insight as a specialized and more focused firm can.

What an Executive Search Firm Does: Overall Goals

Provide a Unique Solution For Each Unique Client

One of the advantages that an executive search firm provides is its knowledge of what high-level roles require.

In other words, an executive search firm is able to understand a role’s responsibilities because of its experience in filling similar executive positions.

However, the firm also recognizes that in the end, each role’s needs are as unique as the client.

So, to create a customized solution, the search firm combines experience with on-going steps focused on learning more about a client.

In doing so, the firm can fully understand an executive role’s impact on the company. Thus, the result of the search is a candidate who can not only fulfill their role but also work towards overall company goals as well.

Use Hands-On Experience When Filling Executive Roles

Let’s say you’re looking for a candidate to fill your VP of Human Resources position.

A general search may help you find a candidate that fits your on-paper requirements for a role.

But, your search must dig deeper to determine if hiring that candidate will make the impact you’re looking for at your company.

To answer this need for a more in-depth search, an executive search firm uses its experience in the industry.

With its team’s expertise in filling similar executive roles, the firm has a comprehensive idea of what a successful candidate looks within a role that is specifically made for your company.

Engage Actively With Clients to Enhance the Search Process

Now that you know you need a more in-depth search to find the right talent, you may wonder what the executive search process does to improve that initial search.

To create an efficient search process, executive search firms recognize that the process must be strategic.

Along with being strategic, the firm also realizes that the process must understand how a role fits into the context of a client’s company.

Simply put, an executive search firm creates a recruitment solution by first understanding a client’s overall company needs in relation to the role being filled.

Additionally, this allows the client to have an active role in the search to provide beneficial candidate feedback and other information to the executive search firm’s team.

What a Search Process Looks Like in Recruiterie’s Executive Search

The first step for Recruiterie’s team is to learn about a client and their overall company goals and needs.

Then, the firm understands how the open role fits into those needs when connecting with stakeholders. This step ensures there is a strong long-term working relationship across all levels.

With this comprehensive understanding of a client, Recruiterie is then able to analyze a candidate’s functional and cultural fit accurately.

Will the candidate be able to support the company’s growth towards a specific goal? Does the candidate’s personality align with the current company culture?

After these assessments are complete, candidates that are delivered to a client have been thoroughly vetted and are of the highest quality.

Once a client begins considering these candidates, Recruiterie acts as an extension of your team in the decision-making process.

Specifically, its team helps you throughout the remainder of your hiring process. This includes candidate communication, interview processes, and ensuring a new hire is ready to make an impact on day one.

Are you in need of the right partner for your executive search?

Contact the team at Recruiterie and receive a custom-tailored recruiting solution that delivers candidates who can support your company growth.

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