How Do Executive Search Firms Find Candidates; Lessons, Opportunities and Challenges for DE&I in EXCOs

How Do Executive Search Firms Find Candidates; Lessons, Opportunities and Challenges for DE&I in EXCOs

In this week's Hanover Talent Insights:

  • Learn how recruiters find the right candidates for top-level positions
  • Discover what our research shows about DE&I at EXCO level in financial services, the work that needs to be done and how it can be achieved
  • Showcase your expertise and value by creating the perfect Executive CV

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How do executive search firms find candidates?

There are a number of different ways that recruiters can find candidates, but there’s a real difference in the way that executive search firms (as opposed to contingent recruiters), find them.

Before I jump in, I just want to clarify what I mean by executive search. Executive search is a comprehensive recruitment process used to find highly-skilled candidates, typically for senior leadership roles.

Executive search recruiters like me typically have invaluable insights, experience and connections specific to our niches. We commonly find candidates for critical positions such as CEO, COO, CFO, CIO and HRD.

The exact way in which an?executive search firm ?finds candidates will differ from firm to firm, but many individual recruiters will specialize in a particular sector, much like I do in the wealth management and insurance spaces.

Keep reading to discover the five ways Christian finds senior level candidates for key roles

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Lessons, Opportunities and Challenges for DE&I in EXCOs

Prompted by an era of unprecedented change, we have conducted research into the opportunities and challenges that EXCO teams have when it comes to being intentional about DE&I within the C-suite.

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Just some of the statistics from our research include:

  • Only 15% of EXCOs regularly talk about DE&I, 24% if it is added to a meeting agenda, and the remainder discuss it occasionally, infrequently or never
  • Just 6% of research participants said that their organisation focuses on representation to mirror the customer base or community being served
  • Only 27% said their organisation conducts competency-based interviews when recruiting to their EXCOur research covered both what EXCOs specifically do to drive diversity, equity and inclusion within the EXCO team itself, and how EXCO teams drive DE&I within the team. It has brought to light the challenges faced, as well as how some of these challenges are addressed and overcome, along with practical tips and insights from within the sector.

Discover what our research shows about DE&I at EXCO level in financial services, the work that needs to be done and how it can be achieved.

READ THE FULL REPORT

If you’d like to discuss DE&I at the EXCO or C-suite level and what Hanover can do for your organisation, please contact our DE&I Partner to arrange a chat .

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Is your?#Executive ?#CV ?perfect? Are you ready for action? Every year the job market ramps up following the summer lull as recruiters get bac to work and hirers aim to fill roles before the end of the year (and the inevitable end-of-year slump). Prepare yourself for the job market right now!

Join?Victoria McLean ?on September 6th at 1pm for a free City CV masterclass and ensure you are ready for action with the perfect?#ExecutiveCV ?to showcase your expertise and value.?

REGISTER FREE

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