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Recruiting leaders can be challenging, time-consuming, expensive and stressful. In spite of this, a company’s success in staffing effective leaders will either empower or hinder the organization in reaching its goals.

While there isn’t a perfect system, some methods have been shown to increase the chances of a successful recruitment effort.

Go with a Boutique Recruiter

At large recruiting companies, the most talented individuals are often executives who have nothing to do with your actual search. Once you agree to work with them, they may hand off the job of recruiting to an employee several rungs down the company ladder.

Conversely, at a boutique company, a top-level employee usually performs the search for talent. This typically means the person who understands your organization the most and who has the maximum expertise works to locate and pitch to your next potential leaders.

In-House Recruitment

If past outcomes from executive search firms have been insufficient, you should think about adding a professional recruiter to your staff who can carry out searches internally.

The benefit of this strategy is that in-house supervisors and executives better know the organization’s tactical path, needs, and work environment. Due to this knowledge base, in-house recruiters are more prone to be successful.

It appears the in-house approach is catching on as a number of major corporations and private equity firms have implemented it and found success.

Build a Talent Pool with LinkedIn

Whether you decide to outsource or conduct your search in-house, you should be building connections with a pool of talented individuals outside your company. In the past, a talent pool used to be one of the reasons why companies worked with outside recruiters, but today LinkedIn is valuable de facto talent repository. With more than 430 million members, LinkedIn is both a great place to locate talent and vet candidates.

To get the most from LinkedIn, a premium account allows you to locate and reach many more people that just a free account. With a premium membership, you can carry out searches or place ads that reach applicants who are actively seeking a new job. If you want to learn more about someone, you can pull up their profile and LinkedIn will show you if anyone in your network is linked to them. After that, you can get in touch with any mutual connections to find out what they know about the candidate. That one small step can save a lot of time and minimize hiring pitfalls.

Connect with an Executive Agent

An executive agent helps professionals who are on the lookout for the next position. The best executive agents only work with executives who are very qualified. Also, because fees are paid by the executives, accessing an agency’s talent pool is totally free to the hiring company.

At Cornerstone, we have years of experience connecting companies to effective leaders. If your organization is currently searching for an executive or manager, please contact us today to discuss potential recruitment solutions.

 

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