10 Steps of Professional Working of Executive Search Firm

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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.