Top retained executive search in Denver? Continue Recruiting Even if You Aren’t Hiring! For some, the inherent cost of extending an offer and onboarding a new employee is not feasible at this time. As noted before, no industry or company is immune to the economic reaction to COVID-19, but some have been hit harder than others. However you communicate with your candidates, remember that transparency and honesty are key. Avoid “stringing people along,” if you know you cannot extend an offer now, be honest about it. Nothing travels faster than bad news, and a disgruntled candidate is far more likely to spread the word.
Customer Management. Every employee needs to be in the customer management business now. The best leaders ensure their teams regularly connect with customers, listen to their feedback, and exercise flexibility. Customers will appreciate when companies are nimble enough to understand their changing needs and offer new ways to help. The work leaders do now to retain and strengthen customer relationships will pay dividends in the future.
Private Equity firms entrust Spectrum with hiring their senior most important leaders who will shape and determine the future success of their portfolio companies. We have successfully guided our Clients through hundreds of these processes. Selecting the right candidate accelerates the timetable for achieving the goals of your investment thesis, enhances valuations, and ultimately leads to a very successful exit. Many of these firms utilize us throughout their entire portfolio due to our process, persistence, and thoroughness. As a trusted partner, Spectrum has completed every search we’ve been hired to perform – a track record we are very proud of. If we have to engage with several hundred candidates to find your next leader, we will. Find additional information at retained executive search Denver.
Each of the candidates we present to our Clients have the ability to be impactful, strong builders of high performing teams, and true business partners to CEO’s and their Board of Directors. Over 80% of the CEO’s we’ve placed and have gone through our process have hired us to build out their teams in the areas of Accounting, E-Commerce, Engineering, Finance, Human Resources, Information Technology, Marketing, Operations, Product Development, and Sales.
Seek out candidates who embrace the idea that there is ethical opportunity in chaos and will lead or support business development efforts during this tumultuous time. People who feel badly about promoting products and ethically maximizing profits during downturns will be hard-pressed to come up with ideas for new revenue streams, expense reductions, or streamlined processes. Evaluate existing onboarding processes. What aspects can be done virtually? Assess what staff and training resources will be needed for a new hire to have the fastest path to productivity. Ensuring that an effective onboarding plan is in place will be crucial for quickly achieving ROI from new hires as well as retaining them.
Heather joined Spectrum in 2009. She has worked in executive search for 20 years and has partnered with Spectrum’s CEO, Kevin Hahn, for much of that time. Heather has played a pivotal role in developing Spectrum’s private equity-centric candidate identification and acquisition capabilities, as well as both supporting and leading executive C-level and functional leadership searches. She has worked extensively in each of the 6 primary verticals that Spectrum supports as well as others, including direct marketing, education (for profit and on-line providers), and hospitality sectors. Heather has successfully completed hundreds of searches over the course of her career. Her depth and versatility have enabled Spectrum to execute on its strategy to be a single source provider to its PE clients. See extra details on here.