Unconventional Sources for Executive Talent: Thinking Outside the Box
Scion Executive Search
Proven Results Through National Retained Executive Search Services.
In today's rapidly evolving business landscape, the search for executive talent has become an art of exploration. The traditional talent pools have been scrutinized repeatedly, leaving corporate clients hungry for fresh, innovative, and game-changing leaders. To meet this demand, organizations must be willing to think outside of the box and explore unconventional sources of executive talent.
Create an Online Presence
One of the best ways to attract and connect with candidates is to ensure the strength of your company's online presence. Potential ways to get your company’s name and reputation out include LinkedIn advertising, creating a company Twitter profile, or launching a company blog or podcast. The thought behind these actions is to meet your target candidate within the type of content they consume organically, sometimes going beyond platforms intended for professional use. Furthermore, there is immense opportunity in niche networks, where strong candidates often hang out below the radar. Online Forums, slack channels, blogs, and even gaming platforms can be unique and personalized platforms to find talent. Engaging with these networks and creating a presence can pay dividends.
Harnessing the Gig Economy
The gig economy is one of the most unconventional yet highly promising sources of executive talent. The rise of the freelance workforce has unleashed a pool of experienced professionals seeking more autonomy and flexibility in their careers. These individuals often come with impressive track records and can bring a wealth of experience to your organization, even on a part-time or project basis. Leveraging the gig economy can help you access the skills and expertise of experienced executives without the commitment of a full-time hire.
The gig economy is not limited to independent contractors and freelancers. It includes highly skilled professionals who may have chosen to work on a project basis for various reasons, including work-life balance or a desire to explore diverse challenges. For instance, a retired executive may take on interim executive roles as part of the gig economy. This can be a win-win situation for the executive and the hiring organization. The executive can then continue to leverage their experience and skills while also enjoying a flexible work arrangement, and the organization can tap into the expertise of the executive without the long-term commitment.
The Story Between the Words
Sometimes, the right candidate doesn't match the job description keywords. While this may seem counter-intuitive, candidates with limited online footprints won’t be found with a standard keyword search. Instead, use logic when assessing a sparse resume. For instance, if a candidate’s profile indicates that they live in the DC area and currently work at Aberdeen Proving Ground, it is safe to assume they have a certain level of security clearance, even if nothing is indicated on their resume. Looking beyond the words of the resume can allow recruiters to find candidates that they would have missed out on if solely relying on keywords.
Similarly, don’t be afraid to get creative with job postings! Update old ones to expand their reach broadly and into niche markets, and use graphics, catchy titles, or tie-ins to current seasonal events (the Superbowl, anyone?).
Look to Adjacent Industries
The most brilliant executive may be waiting for you to find them but standing outside of your specific industry. Sometimes, looking to leaders in closely related sectors can bring fresh perspectives while maintaining the essential skillset required for the industry and role. Executives from other industries can bring a breath of fresh air and provide corporations with a competitive advantage.
For example, a technology company may consider recruiting an executive from the healthcare industry with experience managing complex data and privacy issues. Their expertise in data security and regulatory compliance could prove invaluable as the company navigates the ever-evolving landscape of technology and data management. By looking for talent from adjacent industries, you can bring in executives with different experiences and a fresh outlook, which can lead to innovative solutions and a competitive edge in the market.
Academia and Nonprofits
Academics and nonprofit leaders possess exceptional analytical and leadership skills transferable to the corporate world. Universities and non-profit organizations often foster individuals adept at problem-solving, research, and community building. These talents can bring a fresh perspective to your organization, drive innovation, and contribute to the greater good.
Academics may hold a treasure trove of executives who have excelled in research, strategic thinking, and problem-solving. Their ability to analyze complex situations, think critically, and generate creative solutions can be valuable for your corporation.
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International Talent
In a globalized world, executive talent can be found internationally. Executives with experience working in diverse markets bring unique skills, cultural awareness, and adaptability that can prove invaluable in today's interconnected business environment. Look beyond borders to identify individuals who can contribute to your organization's growth and global expansion.
International executives may offer a deep understanding of various markets, diverse consumer behaviors, and regulatory landscapes. These individuals can help your company expand into new regions and foster collaboration across borders and industries.
High-Potential Employees
Your organization may already be harboring executive talent within its ranks. Consider promoting high-potential employees with exceptional dedication, innovation, and leadership skills. Internal promotions boost morale and ensure a seamless transition into executive roles.
Identifying high-potential employees and providing them with opportunities for growth and leadership is a strategic and cost-effective strategy. These individuals already know your organization's culture, processes, and values. Nurturing internal talent also fosters loyalty, engagement, and a sense of belonging, which can be instrumental in building a strong leadership pipeline. Admittedly, this is not precisely an “outside the box” concept; however, it is an avenue far too regularly overlooked. ?
In Conclusion
The search for executive talent is no longer confined to traditional channels. Today, unconventional sources of executive talent are a treasure trove of fresh perspectives, innovation, and untapped potential. As the business world evolves, so must our approach to talent acquisition. By thinking outside the box and exploring unconventional sources, you can uncover hidden gems to drive your organization's success. Embrace the unexpected! Your future executives may be hiding in the most unusual of places. Regardless of what methods you ultimately go with, remember to plan your approach, track progress, and measure ROI – adjusting as needed. Remember that each new idea needs to fit into the larger recruitment strategy rather than standing as a one-off. We here at Scion Executive Search wish you the best on your journey to discovering the new leaders who will shape your company's future!
Speaking of SES…
We would love to join you in your search for executive talent! At Scion Executive Search, we pride ourselves on our extensive reach and networks with executive candidates across numerous industries. We work hard to maintain these connections and positive relationships and are eager to share these incredible professionals with your company! We stand ready to help your company achieve its goals as it grows through the engagement of a new executive. Contact us today!
About the Author
Bailey Olderog, Technical Writer (she/her/hers)
Bailey Olderog brings her passion for storytelling to her role as technical writer at Scion Executive Search (SES). She is dedicated to accurately telling the stories of others in ways that articulate their vision.
Prior to joining SES, Bailey worked for a 3D-printing tech start-up after working extensively in the military and government space. Her broad public sector experience includes ghostwriting for elected officials and military generals, researching and authoring private investigations and public reports, drafting testimony for hearings before state and federal legislative committees, and bringing a voice and audience to those without a platform.
Through a career focused on providing direct support to top organizational leadership, Bailey understands the powerful impact that positive leadership has on organizations and the individuals that comprise them. She is dedicated to helping leaders find the roles in which they will flourish and positively impact the lives of those they work alongside. Bailey received her degree in political science from Southwestern University in Georgetown, Texas, where she also minored in studio art.