Retained executive search Denver? Tom co-founded Spectrum Search Partners with Kevin Hahn in 2009. He leads the firm’s business development efforts, manages search assignments, and owns responsibility for several of its clients. He has spent the past 15 years in the human capital business, partnering with Kevin at two executive search firms (DHR International and Tri Worth Solutions), and serving as Chief Sales and Marketing Officer for FASTAFF, a leading travel nursing firm, whom he helped sell to private equity. His passion for helping small and middle market-sized companies grow and maximize their potential with exceptional talent is a big reason why Spectrum was started.
Regardless of what type of market we’re in, candidate’s or employer’s, you should always prioritize your hiring process. Extending offers quickly, remaining competitive, and maintaining contact with candidates during this time is critical. While it’s true that around 1/3 of companies surveyed expect to freeze their hiring process, that still leaves 2/3 who are not freezing. 2/3 of your competitors are still reaching out and extending offers to the most eligible candidates right now. Don’t fall behind.
Private Equity firms entrust Spectrum with hiring their senior most important leaders who will shape and determine the future success of their portfolio companies. We have successfully guided our Clients through hundreds of these processes. Selecting the right candidate accelerates the timetable for achieving the goals of your investment thesis, enhances valuations, and ultimately leads to a very successful exit. Many of these firms utilize us throughout their entire portfolio due to our process, persistence, and thoroughness. As a trusted partner, Spectrum has completed every search we’ve been hired to perform – a track record we are very proud of. If we have to engage with several hundred candidates to find your next leader, we will. Read extra info at http://www.spectrumsearchpartners.com/about-spectrum/.
Seek out candidates who embrace the idea that there is ethical opportunity in chaos and will lead or support business development efforts during this tumultuous time. People who feel badly about promoting products and ethically maximizing profits during downturns will be hard-pressed to come up with ideas for new revenue streams, expense reductions, or streamlined processes. Evaluate existing onboarding processes. What aspects can be done virtually? Assess what staff and training resources will be needed for a new hire to have the fastest path to productivity. Ensuring that an effective onboarding plan is in place will be crucial for quickly achieving ROI from new hires as well as retaining them.
Three critical steps define the core of Spectrum’s search process. Technology has leveled the playing field within the Executive Search Industry. “The Rolodex era” is a thing of the past. Our sophisticated research strategies expand the universe of addressable talent, beyond traditional databases. Spectrum customizes unique value propositions for each client, maximizing our ability to persuade proven performers. Utilizing our Spectrum Scorecard allows us to expertly evaluate and measure all candidates against your specified needs, as each assignment has different requirements and priorities. This process is designed to optimize your time. Find more info on private equity recruitment.