Business Insider recently asked me to share my insights on how these 10 mistakes cost big executives their dream job. Here's what I wrote...
Deepali Vyas
Global Head of Data/AI & FinTech at Korn Ferry | Board Advisor | Forbes Business Council
I've been a recruiter for the corporate elite for 25 years. These 10 mistakes can cost even the most brilliant candidate their dream job.
After nearly 25 years of headhunting for the corporate elite, I've seen it all. From Fortune 500 CEOs to unicorn-startup founders, I've placed hundreds of CEOs, CFOs, chief technology officers, and other top-tier executives in career-defining roles.
Let me pull back the curtain on the 10 most cringeworthy mistakes I've witnessed. These mistakes have cost exceptional candidates their chance at the corner office.
1. Digital ghosts: the LinkedIn lurkers
In today's digital jungle, there's nothing more infuriating than trying to stalk — I mean, research — a candidate only to hit a virtual brick wall. Or worse, stumbling upon a LinkedIn profile so outdated it might as well be carved in stone tablets. I can't count how many times I've asked, "Why are you making me Google you?" It's 2024, folks. Your digital presence is your first impression. Neglect it at your peril.
Pro tip: Your online presence is a critical part of your personal brand and should be cultivated throughout your career.
Keep that LinkedIn profile current and compelling, actively engage with industry content to showcase your expertise, and invest in a high-quality, professional headshot . Remember, your digital first impression should scream "executive material," not "casual Friday at a family reunion."
2. The 'I know everyone' syndrome
You'd think C-suite execs would be networking ninjas. But I've seen too many candidates rest on their laurels, assuming their existing Rolodex (yes, some still have those) is enough. News flash: The business world moves fast. If you're not constantly expanding your network , you're falling behind.
Pro tip: Treat networking like a vital organ — it needs constant care and attention to keep you alive in this game.
Attend industry events, join professional groups, and, for the love of all that's holy, accept those LinkedIn connection requests.
3. The copy-paste catastrophe
Nothing makes me cringe harder than receiving a generic résumé or cover letter — yes, even for C-level positions. I once had a candidate send me a cover letter addressed to the wrong company. Ouch.
Pro tip: Tailor every single application .
Show me you've done your homework on the company, the role, and the challenges. Generic applications scream, "I'm not that interested," even if you are.
4. The 'I'll wing it' wipeout
Imagine this: A tech giant CEO walks into an interview for a dream role, confident they can charm their way through based on past glories. Thirty minutes later, they're stumbling over basic questions about the company's recent pivot. I've seen it happen, and it's not pretty.
Pro tip: Prepare like your career depends on it — because it does.
Know the company inside and out. Be ready to discuss its challenges and opportunities and how you'd tackle them from day one.
5. The nostalgia trap
War stories are great at the bar, but not so much in an interview. I've watched brilliant execs spend 90% of an interview reliving their glory days while forgetting to connect those experiences to the challenges of the role they're interviewing for.
Pro tip: Use your past wins as a springboard to discuss strategies.
Show how your experience has prepared you for the company's next big challenge.
6. The EQ fail
Technical skills get you in the door, but emotional intelligence gets you the job . I once had a candidate — a brilliant strategist — who managed to insult the interviewer's management style within the first 10 minutes. Needless to say, they didn't get the job.
Pro tip: Soft skills matter, especially at the top. Show empathy, active listening, and adaptability.
These traits often outweigh technical prowess in leadership roles.
7. The salary stumble
Even seasoned execs can trip over the compensation question . I've seen candidates lowball themselves out of insecurity, and others demand outrageous packages out of hubris. Both approaches are recipes for disaster.
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Pro tip: Do your research. Know your worth, but understand the market. Be prepared to discuss total compensation packages, not just salary.
To ensure you don't undersell yourself, start by flipping the script and asking the company what salary range it has in mind. Try saying, "I'm thrilled about this opportunity and confident in the value I bring. What salary range do you have in mind for this position?"
For some executives, time is money. Skip the drawn-out haggling and be ready to dive into the total compensation package, covering base salary, bonuses, stock options, health benefits, retirement plans, and other perks.
And please, leave the negotiation tactics you used to buy your last car at home. I once had a CFO candidate hesitate over $3,000 in a $3 million package — that's a big mistake. It makes you appear shortsighted and unprofessional.
8. The culture clash
Here's a hard truth: Most executive placements fail because of cultural misalignment , not competence. I've placed technically brilliant CEOs into companies where they lasted less than a year because they were like oil in water.
Pro tip: Ask probing questions about decision-making processes, communication styles, and company values. And be honest with yourself about whether you'll thrive in that environment.
Culture fit is not about whether you'll be best friends with everyone. It's about aligning your working style and values with the company's.
9. The follow-up faux pas
The interview isn't over when you walk out the door. I'm amazed at how many executives neglect the crucial post-interview period. No follow-up email ? No additional insights sent over? It's a missed opportunity to stand out.
Pro tip: Send a thoughtful, personalized thank-you note within 24 hours.
Use the note to reinforce key points, address concerns, and demonstrate your continued enthusiasm for the role.
10. The bridge burner
The executive world is smaller than you think. I've seen candidates ghost companies after multiple rounds of interviews or respond poorly to rejection . Remember, today's rejected offer might be tomorrow's dream opportunity.
Pro tip: Maintain professionalism at all times.
Respond graciously to rejections. If you're turning down an offer, do it with class. You never know when paths might cross again.
The bottom line
Even the brightest stars in the corporate galaxy can dim their own light with these cringeworthy mistakes. After nearly a quarter-century of placing top executives, I've learned that the difference between landing a dream job and being passed over often comes down to these seemingly small but crucial details.
Remember, at the C-suite level, you're not being evaluated just on your past achievements or technical skills. You're being scrutinized for your potential to lead, inspire, and drive the company forward. Every interaction, from your LinkedIn profile to your thank-you note, is a chance to demonstrate that potential.
The Secret Sauce: Leveraging Your Recruiter
Here's a truth that might ruffle some C-suite feathers: the candidates who have consistently succeeded in landing their dream roles are those who checked their egos at the door and treated me as their career coach and advocate. They understood a fundamental principle of executive job searching – a seasoned recruiter is not just a gatekeeper, but a valuable ally in navigating the complex terrain of high-stakes career moves.
These successful executives relied on my insights to guide them through the process. They were open to feedback, eager to understand the nuances of each opportunity, and willing to refine their approach based on my advice. By positioning me as their advocate, they gained a powerful advantage – an insider's perspective on the company's true needs, culture, and decision-making dynamics.
Pro Tip: Don't just view your recruiter as someone to impress. See them as a crucial part of your career strategy team. Be open, honest, and receptive to their guidance. The best candidates I've placed were those who understood that my success was tied to theirs, and they leveraged that alignment to position themselves as the ideal choice.
Avoid these pitfalls, embrace the guidance of experienced recruiters, and you'll not only improve your chances of landing that dream role – you'll set yourself up for long-term success once you're in it. Now go out there and show them why you deserve that corner office. Just make sure your LinkedIn is updated first, and don't hesitate to lean on your recruiter's expertise every step of the way. After all, in the high-stakes game of executive placement, why wouldn't you use every advantage at your disposal?
Thank you to Business Insider for giving me the opportunity to share my expertise.
Full article here: https://www.businessinsider.com/worst-mistakes-corporate-job-candidates-make-with-recruiters-2024-7
Deepali Vyas is a senior partner at Korn Ferry. She's a seasoned executive-level advisor and consultant with over 24 years of experience, specializing in placing world-class talent.
As always insightful and to the point!
Executives Land Your Next Role via my 5-Step Career Design Method | Build Clarity, Confidence & Standout In The Job Market | 100's of Success Stories from Clients at Google, JP Morgan, Louis Vuitton, Deloitte & More
3 个月Wow these 10 tips are gold. I especially like number 1 about having a digital presence r in 2024! Without a proper presence you will get left behind at your own peril.
CEO Eightify | Marketing, Sales and Hiring ?? I help tech founders and corporations to optimise and scale promising startups | Created 50+ strategies | Worked with 11 markets | Hired 250+ people | MBA
3 个月Great insights! Your list of common mistakes is a must-read for anyone aiming for the C-suite???
Aspiring Corporate Director / Management Consultant / Corporate Leader
3 个月Thanks for sharing, an informative-insightful article, & Best wishes, Deepali Vyas Syed Awees, B.Com (Hons), ACCA, Analyst, Aspiring Financial Leader.
JAGSoM, Bengaluru (2024-26)| Industry Connect and Competition Committee | HR professional. Learning about People Analytics, Employee Experience, Employee Engagement, Digital HR,HRBP programme.
3 个月Very Insightful article ??