Unlike recruitment processes for non-executive roles, you are trying to find a replacement for a position that carries with it a lot of responsibility.
Trying to find a new CEO, or an interim position for an executive position can often be a time sensitive manner and something that to be executed correctly take up a lot of resources.
This is due to the high responsibility that come with executive positions means finding the right person that fits the job is more crucial than ever.
Often the amount of time and resources needed to successfully execute this process is considered too much for many companies. In London, executive search firms are often turned to, to help with the executive recruitment process.
If you are worried about exposure to your new position being too narrow; then executive search firms can help you widen the pool of candidates that could interview for your position.
It also leaves you and your company with the freedom to choose how much you want to be part of the recruitment process. Before turning to an executive search firm, it is worthwhile creating a criteria of exactly what you want from a new executive.
Make sure to have a criteria that includes a mixture of general qualities expected from an executive and those that are more specific to your general company. The latter of these will greatly help an executive search firm find a suitable match for the position.
A London based executive search firm can be of great use if your company is ever of thinking of expanding into London while being based elsewhere.
When an executive is needed for an area where you are not yet geographically located, an executive search firm can help you find a suitable candidate that is also suitably located.
During expansion periods, recruitment process can be more of a drain on resources than in normal circumstances, therefore executive search firms can often be the optimal answer.
Executive search firms have a reputation to maintain which relies on them successfully finding the right person for the right job.
Therefore, they will be rigorous in making sure a candidate is fully suitable before some form of recommendation (perhaps for further in house interviews or in some circumstances, a direct offer).
You should never feel you have to go along with an executive search firms findings, however, often because of the aforementioned reputation, executive search firms excel at finding the right fit for many companies.
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