Why is it important for having an Executive position hiring?

The C-level positions are top-level, important management positions in a company. These include the CEO, COO, CIO, CFO, etc. Hiring the right employee for these positions is essential as they provide 90% of the profits of the company. Hiring a wrong individual can be quite damaging to the company. Companies usually prefer using experienced third party agencies for this. These agencies or executive search firms find the right candidate who fits the companies needs from their large network.

Benefits of using an Executive search agency

1.Candidate sourcing

Executive search companies, play an active role to source and identify qualified candidates. They directly contact the HR of the company to obtain the exact needs of the company.

2.Process of matching the candidates

Executive recruiters apply for a methodical and systematizing role in identifying which candite fits the role. They shortlist a less number of candidate who is then introduced to the company.

3.Type of candidates

Exec recruiters look for the right candidate even among those already at a job. The recruiters then contact the employee and try to convince them to join the other company. This is especially ideal if you want to hire stars with a positive track record to your company.

4.Working location

Executive search agencies work on a global scale. They provide services for global MNCs that want to hire candidates with international exposure. The company persuades the candidates to accept the offer and carries out salary negotiations.

5.Quantity and quality

Exec companies present only one or 2 shortlisted candidates with the highest qualification for the role.

6. Skillset

Executive companies look for candidates with specialized technical skills and good soft skills for hard-to-find positions in a company.

 Image Source:- shutterstock

What exec companies look for in a candidate for a C-level position

1.Experience in Financial Modeling

CFO recruiters look for candidates with strong financial modelling skills, who can help enhance the forecasting of your company, and support the CEO.

2. Interpersonal Skills

The ability to convey ideas clearly is essential for C-level vacancies. They must be able to relay critical information to managers as well as their coworkers in the C-suite. This is especially important for CIO recruitment, as the tech skills of the CIO will be out of date within 5 years in today's economy.

3. Willingness to Adapt

As stated before, digital advancements are causing disruptions in all industries. CFO recruiters should look for leaders with intuitive insight about actionable analysis and big data to stay one step ahead of their competitors. The same is applicable to other C-suite positions like the CIO, CEO etc.

4. Cultural Fit

If a candidate's personality clashes with your company culture, they are unlikely to be productive in their roles.

5. Network of Advisors

Experiences C suit candidates will have connections with the people and entities that can benefit your company. These include private equity firms, bankers, investment consultants, auditors, lawyers etc. Having a team of key advisors on board will help make key decisions with confidence.

Video Source:- Andrew LaCivita

6. Stratergic planning skills

This is important for all C-suite candidates. CIOs for example, need basic technical knowledge to determine when things can be built in house and when to use a third party company. They also need to figure out what the company needs to drive growth. This skill is something to look for during the CIO recruitment process.

To conclude, hiring the right CIO can be challenging, but it is essential to do it right to improve profits for your company. Several organizations prefer using third-part agencies for C suite recruitment. They have the experience and knowledge to hire the right candidate.

For more information:- https://www.alliancerecruitmentagency.com/cfo-recruiters/