C-Suite Recruitment: The Executive Search Era
A report by Korn Ferry revealed that approximately 11% of CEOs resign within their first year, and by the third year, this number jumps to 34%. As the landscape evolves, tomorrow's C-suites may differ significantly from those of the past, demanding greater agility, alignment, and diligence in candidate selection. Today's C-suite executives aren't getting any younger, and as your strategic recruitment partner, we must be on the lookout for the next generation of leaders to meet tomorrow's demand. ?
Culture-fit
Organisations are looking for executives who possess a strategic vision, can think innovatively, and pivot swiftly to address dynamic and fluid market conditions. Our Executive Search Manager, Martine Leung, has a wealth of experience in placing leaders at our clients to assist them in achieving their short and long-term goals. Identifying candidates who possess these qualities requires a nuanced approach and a keen eye for talent that can thrive in high-pressure, decision-making roles.
C-suite executives play a pivotal role in shaping organizational culture and values. Therefore, it's essential to assess candidates not only based on their technical skills but also their alignment with the company's mission, vision, and culture. It goes beyond matching resume to job descriptions.
Evaluate Soft Skills
It's crucial not to overlook the essence of exceptional leadership: soft skills. The capacity to communicate effectively, show empathy, adapt to change, and inspire others is what truly distinguishes outstanding leaders.
During interview, we ask situational questions that require them to illustrate how they navigate challenging scenarios and guide their teams through rough waters.
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It's also the demonstration of Emotional Intelligence that often create trust and confidence in decision-makers, transforming a competent candidate into an inspiring leader.
Tech-Savvy
Tech-savvy leaders across an organization are better able to address critical questions such as “What is our business strategy and what technologies will support our business goals? Why should we invest? Are we ready? What would we have to do to get ready?” A tech-fluent leader ultimately can converse strategically on the use and impact of key technologies to create better business outcomes and lead their teams to think along the same lines. The baseline goal of tech fluency and tech upskilling programs is to develop a depth of understanding of today and tomorrow’s technologies and how they can be applied across the organization.
Final thought
Each decision we make today in selecting leaders paves the way of companies tomorrow. Let us, therefore, approach this task with the gravity it deserves, knowing that our choices today shape the workplaces of tomorrow.
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General Manager @ Proactive Talent Solutions
6 个月The good news is that we see more and more clients are focusing on "people skills" when it comes to finding their new leaders. They are prioritising the development and well-being of employees alongside achieving strategic business goals. Therefore, our team assesses candidates (through psychometric assessments) not only for technical skills but also for qualities like empathy, communication, and the ability to inspire others. This approach recognises that strong leadership involves nurturing a supportive and inclusive workplace culture, ultimately contributing to organisational success and employee satisfaction.
GROW YOUR POTENTIAL - Let's turn your business and career into sustainable success! Entrepreneur - Strategic Business Consultant - Leadership Trainer - Personal Branding - Board Member
6 个月C-Suite recruitment is certainly not easy nowadays. However, are organisations ready to welcome diverse profiles (ex: non financial)? How are cognitive biases addressed in the selection process? Is decision-making capacity evaluated as well as rapport across organisation levels? Thank you Proactive Talent Solutions to open this interesting discussion.