10 Steps of Professional Working of Executive Search Firm

10 Steps of Professional Working of Executive Search Firm.png

Step 1. Hiring an Executive Search firm

Following the finalization of contract, executives search firms work to hiring consultant for both external and internal candidates.

Step 2. Holding Launch Meetings

Recruitment staff get together to discuss the requirements for the role. In this meeting, stakeholders, board members and senior executive team members take part, generally. The basic purpose of the meeting is to extract useful information about the role and requirements of senior level executives in the management and work culture of the company.

Step 3. Job Description Creation

Following the previous meeting outputs, in this role executive recruiters finalize the job description for the position. In this step, consultants finalize roles, responsibilities, preferred experience and core competencies for the ideal candidate. As per the client approval, the document is used to create Position and Candidate Specification.

Step 4. Selecting the Research Strategy

The search team consultants sort out target companies to yield a successful candidate. In this step, ‘no hiring’ companies are also declared due to sensitive client relationship. Moreover, executive hiring consultants also consider office location, added benefits and corporate culture in this step.

Step 5. Conducting Research

Mapping of appropriate research online and offline mediums is an important part. In this step, executive manpower consultant research candidate database at various resources to yield prospective candidates.

Step 6. Scheduling Interviews for Top Prospects

The search consultant set up interviews to evaluate the top prospective candidates. During this step, executive hiring consultant take a deep drill into the experience and career of the candidate. Along with it, without jeopardizing candidate’ confidentiality search executive verifies the past performances and other essential career skills.

Step 7. Writing Candidate Profile

Following the interviews, search firm creates candidate profiles for the selected candidates. This report briefs the achievements, education and soft skills like values of the candidate to prove, why he or she may prove a good fit.

Step 8. Final interviews with Client

The search firm presents the strong contenders to the client for final call of interview. Those who are eliminated on any ground of the previous steps are closed out.

Step 9. Reference and Background Check

An executive search team member verifies the candidate’s references in this step. Most often, third-party conducts the background verification of the candidate.

Step 10. Extending the Offer and Closing Candidate Search

Executive search consultant work as mediator between client and candidate to finalize to the package that is agreeable for both. Following the acceptance of offer, the search team wind ups the open position.

Given the complex and long process, the executive recruitment is a time consuming process. Further, the involvement of senior level management staff from the corporate is crucial too. That’s why executive search firms can only succeed when they work professionally. As one of the top executive search firm, GlobalHunt strongly believes in working with a streamlined professional approach.

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2019 Market Intelligence Tools Empowering Recruitment Process

2019 Market Intelligence Tools Empowering Recruitment Process

Market Intelligence Challenging the Holy Grail of Traditional Recruiting

Gone are the days when open positions were filled through bulletin board advertisements and newspaper ads. From then to now, recruitment industry has evolved dramatically to become multi-billion dollar market. And evolution of technology has been the center force in shaping the future of modern marketing tactics in the industry. Now, the talent acquisition market is equipped with diverse tools and not reliant on word-of-mouth or face-to-face applications only.

Currently, technology has overtaken the manual job search and recruitment from the core. To hold a position in talent acquisition market, it is important to update competitive market knowledge for both candidates and recruitment firms. Here are the powerful quick and cost effective market intelligence tools that are shaping the future of recruitment in 2019.

Endless opportunities with Google Alerts:

It is a great tool for competition analysis and getting alerts on email or set up as RSS feeds. Hence, no need to spy on your competition and how they are doing in business. Moreover, there are options to create customizable alerts for people, press releases, financial information, etc. No doubt, if you know how to use this amazing feature, you can gain competitive advantage with minimum efforts.

Door to socialize with brands @ Social Media:

Social activities on various platforms by companies can provide direct information to your mail box about brand, company and individuals. Along with it, you don’t have to research on marketing campaigns of your competitors separately or on latest developments in your competitors business. Literally, they are delivering all the data to your inbox!

Have eyes like a Hawk using Glassdoor, LinkedIn and Google Plus:

For starters, the story starts with following competitors’ pages on social recruitment sites. Here, you can get and track information about new hires, promotions, people that have left. As a candidate, you can keep your knowledge updated about your target companies and latest happenings including open positions.

Exploring jobs, salary information, recognition and awards has never been so easy. You are just few clicks away to extract, scrutinize and use this all information in building competitive intelligence input.

Get surprised with Twitter findings:

You don’t need to toil in updating knowledge about latest happenings in business and competition. Just hang on the twitter handles of your competitors or employees or just follow people who are in following list of your competitors. And top of all, using twitter requires no expertise technological knowledge either.

You see, there are reasons why Twitter search is defending its place as #2 search engine!

Serve your intelligence with diverse information banks:

In recruitment and research segment, there is lot of information that you can gain from Bureau of Labor Statistics data, Wikipedia, slide share, Indeed and many other online sources. So, don’t delay to set, a weekly and half month reminder to visit the sites regularly or get notifications for updates.

Technologically Advanced Ways to Win Over Competitors

These are glimpses of top trending tools shaping current recruitment industry. Overwhelmed with information and puzzled to understand where to start? Start with prioritizing what makes sense for you to use and then draft a simple daily check strategy. It’s just time that you have to invest to retrieve exceptional information that can return you a crown or half of a crown!

GlobalHunt is available on various social sites and strongly understands the importance of using online public platforms as Market Intelligence tools. Don’t forget to tell us what other tools you are using in the comment section.

Targeting Your Next Opportunity

targeting your next opportunity

It is good to be ambitious but in the world of business and fortune is that enough?

Well, it maybe partially true, but yes, what sets an employee off from her peers, colleagues and friends is when she can combine ambition with opportunity.

In today’s world of business, what drives staffs and management, is, in fact, a combination of technical knowledge and competence to do better at what you do? This has both, qualitative as well as quantitative sides to it. Quantitative in terms of more salary and qualitatively speaking, a new profile or a new industry with the more or less the same functional areas. In both the scenarios, what remains common is the fact that you are making a move towards career advancement.

So, it is important to know WHAT YOU HAVE and WHAT YOU NEED before you sit down to target companies and apply for a new job. It is best to first count what you have:

  • Experience: It grows with you and the time spent with a company. It is reflective of your ability to absorb as much as you can in any and every profile. It is also indicative of your professional capacities: what are your strengths and weaknesses; your interpersonal skills with colleagues; how you are as a team player and what are your professional limitations.
  • Talent: This comes to people more naturally. Some are passionate about their work because they enjoy what they do; while others learn it over a period of time as a matter of requirement. Both are essential in the business space.
  • Skills: You have worked in a particular profile and understood the operations, financial and technical part of it. You are home then! In today’s times, even technical knowledge is available at your finger-tips. It is important to be technologically aware and familiar with certain basic skill sets.

Opportunities will come to you and you will be able to make the most of it when you have all the above with you. It is also equally important to understand what you need and intend to gain when you plan your next career move. Know what you need:

  • Willingness: You must allow yourself to be assessed by the market on a regular basis and appear for interviews to get an insight of the current trends. Do not let yourself go in complacency.
  • Location: Geographically, to identify a job nearby is an important point to look out for.
  • Remuneration: It is obvious that a hike in the existing pay package can make the offer even more exciting.
  • Choice of company/sector: To go up the ladder is the norm of the day. You would want to continue in the same sector or industry with some familiarity of faces and names unless you want to switch for a different career in some other industry.
  • Reference/recommendation: A repository of endorsements coming from colleagues and senior management with who you have worked can do wonder to your resume. This is built only when you have proven yourself in your previous assignments.

Some get employment opportunities quickly around them because they have the required skill sets and some strive each day. Make sure that you are not in the latter category.

A Cover Letter is as Important as the Selection Process

A Cover Letter is as Important as the Selection Process

Many placement consultants provide valuable information and tips to the candidates regarding the interview process and its intricate details. These consultancies have talked in detail about the process and how one should prep up for the same. The advice and tips have been given regarding the structuring of resume, grooming essentials, body language, communication style and appearance in detail. But there is one element that is the fundamental pointer of this entire process but not much has been said or heard about it until now. This is the cover letter. Well it might come as a surprise to many candidates that a cover letter is as important as the resume. Before getting in to the details of the cover letter, its importance and structuring elements, one needs to know what exactly is meant by a cover letter. It is defined as the letter of introduction that essentially highlights key accomplishments and expertise that is in line with the job profile. Now days, there are some companies who do not consider a resume if it is not accompanied by a cover letter. Hence it is essential to develop a cover letter individually for every job application to be sent.

The importance of cover letter are as follows:

  • Firstly, online platforms now days provide the details of a candidate profile in a complete set. This means the recruiter already has a fair bit of idea about a candidate profile even before going through the long resume. The cover letter essentially shows the capabilities of candidate during work process and highlights achievements that help in determining the compatibility quotient. This can be in terms of crisis management, soft skills or team motivation. Usually it is a sum up of the USP of a candidate that makes him or her perfect choice for the profile.
  • The cover letter is the representation of communication and organizational skills. A systematically structured cover letter that is tailored to the job profile rather than a generic essay conveys the seriousness towards the opportunity. It also shows the candidate knowledge about the position and its related skill set requirement. Overall it is like creating a first impression in front of the recruiter.

Hence, cover letter paves the way for an opportunity to knock at the door step. Therefore it is essential to remember certain pointers while constructing a cover letter.

  • Before writing the cover letter it is essential to go through the job description of the position for which the application is sent. The cover letter should be designed accordingly for the maximum impact.
  • While writing the cover letter, it is essential to make sure that the employer finds the key requirements highlighted for the profile. Only then, the resume is considered effective. So it needs to be structured in a professional manner.

Lastly one should remember that a resume accompanies the cover letter. So it should be made crisp and to the point so that the employers reaches out for the resume.

4 Ways to Increase Productivity of Employee In Organization

4 Ways to Increase Productivity of Employee In Any Organization

Are you looking for the young and vibrant candidate for the vacant job position? Gone are the days of traditional work ambiance nowadays, the employees are looking for the interactive work culture that will help them boost their work mentality. It will help them in the overall growth of the employee. This growth is very important even for the business to grow big.

There are certain points in recruitment process outsourcing that every employer should follow these days to bring the best from the employees and they are:

  1. Flexible work timings- The working hours should be based on total working hours in a day and not on the basis of In Time and Out Time. This way, the employees can show up their best productivity as per their flexible timings. It is a great way to produce the best work and enhance the overall productivity of the company.
  2. Performance discussion- Be open to have a proper discussion on the performance level.  It is effective than focusing on the goal to accomplish. If someone increases the level of performance, then automatically one will achieve the goal easily. It will help your business to grow.
  3. Improve personal communication- It is important to improve personal communication with employees than to focus on team communication. It will clear all the doubts and the members can work as a team effortlessly. It will help the company to have clear communication within each other.
  4. Salary hike- It should be based on skill improvement, behavior, and how well the employees maintain inter-personal relationships. They should not focus salary hike on just performance.

So, these are the points that one should remember when they will go for search of good candidates for the vacant job role. Focusing on these above points will definitely help the companies to grow in an organic way.

How To Make Your Work More Meaningful?

How To Make Your Work More Meaningful

One of the most important motives of business these days is profit. There is a lot of competition in the market these days. Everyone one tries to be the best. In the competition of becoming the best, everyone is trying to utilize his or her resources to the optimal level. Companies hire staffing solutions to make their recruiting process more effective and efficient.

It is obvious that people work to earn money but there is another reason why people work and that is for their self-satisfaction. It is not only about the money but it is also about how happy the job makes you. There are many ways by which you can add more meaning to your work. You can have a look at the following points to get an idea about the ways you can make your work more interesting and meaningful.

  • Look at the bigger picture- It is always better to look at the bigger picture. Everyone has a role to play at the office. Now try evaluating your job role and you will see even you have a huge role to play in the company. By understanding how you are contributing to the company’s profit earning motive, you will be able to make your work more interesting.
  • Treat your co-workers with kindness- It is very important to maintain a friendly work culture at office. You must maintain a friendly and cooperative relationship with all your colleagues. From time to time you can also help each other with work. Your kind attitude can brighten up someone’s day. This will also help you add meaning to your work.
  • Work Hard- It is very important to work hard as there is no shortcut to success. The harder you work the faster you will achieve success. You can set everyday goals for yourself and achieve them accordingly. This will not only help you add meaning to your work but will also help you achieve your goals in less time.
  • Participate in other activities at office- Another very effective way to add meaning to your work is to participate in other activities at office and acquire new skills. You must always be ready to learn new things that will not only help you gain new experiences but also make your work interesting.

Now, that you have a clear idea about the ways you can add meaning your work, follow them and enjoy work.

Wondering How To Deal With A Difficult Client? Here Is The Solution

Wondering How to Deal with a Difficult Client

Every company’s common motive is to earn the profit. Earning profit is not an easy task, especially when the world is so competitive. There are many things that add to the profit of the company. One has to work really hard and plan in order to make the company successful. There are many people and things that add to the company’s success. One of the most important things is to deal with the clients. Dealing with clients is not an easy task. But it is very vital because they contribute a lot towards the profit of the company.

You can have a look at the following points to get an idea about the various ways you can deal with difficult clients.

  • Be a good listener- One of the best ways to deal with difficult clients is to be a good listener. When you are communicating with the client you must always be a good listener in order to understand what they are like and what they exactly want? You can also make a list of the important things that the client wants so that you can work on it later. Listening more and letting the client speak might actually make the whole process easier for you.
  • Try reading the client’s mind- Reading the client’s mind will also help you understand him/her in a better way. Maybe a client doesn’t know what he/ she wants but they will always know what they don’t want. Observe their actions carefully, this will help you understand their likes and dislikes better.
  • Acknowledge but don’t agree- Sometimes you might not agree with what the client is saying or you maybe you will see that the client is wrong. But one thing you must always never you must never say directly on their face that they are wrong about something. Try acknowledging what they are saying and then try coming to a single solution that both of you agree to.
  • Keep calm- You must always remember that conflicts are quite natural in business. Your reaction will affect future customer relationship so handle the situation patiently. Treating a customer disrespectfully might negatively affect your company’s image. Maintain a very calm tone while talking.

Many agencies have come up today to help you in your day to day work. Like, staffing solutions can meet a variety of your needs starting from client specific needs to long-term hiring. Now, that you also know about the ways to deal with difficult clients, follow them.