Genia Philip | How to Hire Senior-Level Executives: Part 1
The level of expertise required to recruit and retain senior-level executives successfully is higher than that of other types of hiring. This means that you need to step up your game and take the time to understand the candidate pool thoroughly. Having the right person for the job will allow you to make informed decisions and improve the efficiency of your company.
A study by the Corporate Leadership Council revealed that almost 40 percent of chief executives fail in their positions within the first 18 months. Harvard Business Review also reported that 60 percent of new hires fail in their first year.
Take the Time to Make a Cohesive Candidate Profile
The first step in any job search is creating a comprehensive candidate profile that includes the various characteristics your clients expect from a potential candidate. This will help you identify the ideal candidate for the job. However, hiring the right talent requires more than having the right skills and experience.
