Hiring executives is fundamentally different from other recruitment. The stakes are higher, the process longer, and the approach more nuanced.
Why Executive Search is Different
Unique Challenges
- Most candidates are passive (not actively looking)
- Confidentiality is crucial
- Compensation negotiations are complex
- Cultural fit is paramount
- Wrong hire impact is significant (6-12 months wasted)
Typical Timeline
| Phase | Duration |
|---|---|
| Brief and strategy | 1-2 weeks |
| Research and mapping | 2-3 weeks |
| Candidate outreach | 2-4 weeks |
| Interviews | 3-4 weeks |
| Final selection | 2-3 weeks |
| Offer and negotiation | 2-4 weeks |
| Total | 3-6 months |
The Executive Search Process
Phase 1: Assignment Brief
Key Activities:
- Meet with board/hiring authority
- Define role scope and expectations
- Understand company culture and values
- Agree on timeline and process
- Establish candidate profile
Deliverables:
- Position specification document
- Candidate profile
- Search strategy
- Target company list
Phase 2: Market Mapping
Research Scope:
- Industry leaders and competitors
- Adjacent industry talent
- Geographic considerations
- Diversity considerations
Output:
- Long list of 50-100 potential candidates
- Prioritized target list
Phase 3: Candidate Approach
Outreach Methods:
- Confidential personal approach
- Network introductions
- Reference networking
- Industry events
Qualification:
- Initial interest level
- Motivation assessment
- Preliminary fit evaluation
Phase 4: Candidate Assessment
Evaluation Criteria:
- Track record and achievements
- Leadership competencies
- Cultural alignment
- Growth potential
- Compensation expectations
Assessment Methods:
- In-depth interviews
- Psychometric assessments
- Case studies/presentations
- Reference checks
Phase 5: Client Interviews
Process Design:
- Panel composition
- Interview structure
- Evaluation criteria
- Decision process
Phase 6: Selection and Offer
Final Steps:
- Reference verification
- Background checks
- Compensation negotiation
- Offer documentation
- Resignation support
Best Practices
For Hiring Companies
- Invest time in the brief
- Be responsive to candidates
- Move quickly once interested
- Be transparent about challenges
- Competitive compensation is essential
For Candidates
- Be open about motivations
- Prepare thoroughly for interviews
- Ask probing questions
- Conduct your own due diligence
- Consider the full package
Need executive search support? Contact WSNE
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