Hiring Executive Talent: The power of research
When hiring executive talent, it’s not quite as simple as posting a vacancy and hoping the right candidate comes to you. To find the best senior candidates, you must utilise the power of research services. As executive search specialists, we wanted to share the research steps that are vital to recruitment success.
We strive to provide insights to our clients to put them on the map for senior talent acquisition. As we said, it’s not just about finding the right candidate immediately. Understanding the market and focusing on your employer brand will help on a much wider scale.
Our research steps for hiring executive talent
When speaking with a new or existing client, it’s important for us to understand the core of the business. That is why we sit down with organisations to walk them through the research project and get the best possible results.
Market mapping
Market mapping involves evaluating the current market to determine not only the quality of talent but also their availability. For example, there could be periods of the year where candidates are less likely to be actively searching. It also allows us to understand the need for specific skills and even if there is a skills shortage. Salary bench-marking is another important step, making sure you are offering the right package to senior talent. It is so effective in improving the quality of your recruitment strategy. Of course, at TechNET CxO, our analytical executive search consultants will do all the work for you!
Competitor analysis
As an organisation, you likely know who your key competitors are. However, you should not just be curious about their business success. Many of the ideal executive talent will either be working with these competitors or at least have them on their radar. So, we work with our clients to review their competitors and how they approach employer branding. As a result, it helps formulate a fresh approach to talent acquisition and talent retention that stand out in a competitive market.
Talent pipeline
Creating a talent pipeline will help you pinpoint the essential skills and characteristics of your future hires. When hiring executive talent, the recruitment strategy should begin long before you start the official search. There are many factors to consider. What skills are essential? What personality do you need to manage the existing team? Even more important is the recruitment marketing aspect. Establish marketing campaigns throughout the year, identifying the key periods in the year where these are necessary for your hiring strategy.
Employer branding
In 2023, employer branding is more important than ever. Candidates are doing so much research to gather information on potential employers. Without a solid employer brand presence, it is easy to fall behind. Using our aforementioned competitor analysis, we can help organisations with recruitment marketing support, assisting with employer brand materials and social sourcing content. Using all of the insight gathered from research, these are powerful tools in the recruitment world.
How can we help your executive search recruitment process?
We are here to help with your hire the best executive talent! With dedicated consultants, you can find the recruitment partner you’ve been looking for in us. Head to our client vacancy page to get your journey started.
