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Our Process
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We meet with you and your key people to look at your organization
and how the position is currently structured. These presearch interviews
orient us within your firm, and allow us to generate a confidential,
unattributed memorandum of suggestions that clients have always valued
highly. They also permit us to work with you to define the position,
and assure that it will become a successful investment for your organization. |
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| 2
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We determine the search criteria - experience, current position,
education, personality, salary, etc. You may have set these up yourself
tentatively, but without up-to-date knowledge of the current executive
market. |
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| 3
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We conduct extensive research in the industries we together select,
and develop a list of 100 or more target companies likely to employ
your kind of executive. Of course, we also mine our existing contacts
during this stage. Because our client list is limited to a select
few, we have few conflicts, and can search more broadly than other
firms. |
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| 4
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We identify the prospective candidates who are employed at our target
companies, and contact them. We’ll probably speak to over 200
people, interview 10 or 15, and thoroughly reference check half a
dozen. All of the candidate contacts are handled by principals, and
never by research assistants. |
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We keep you continually informed during the search: the initial
presearch, salary data we uncover during the process, and bi-weekly
updates on candidates and the progress of the search. |
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We compile the data on each of the three to five finalist candidates
in a format that prepares you for interviews. |
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We maintain continuous contact with both you and the candidates
during the interview stage, to facilitate your selection and help
develop an offer viewed by you and your chosen candidate as appropriate. |
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We conduct
informal follow-up discussions at the six-month point with you, the
person you hire, and others in your organization to improve the likelihood
of superior performance. These discussions sometimes result in confidential
recommendations for minor adjustments which can have major effect.
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For an in-depth look at our search process, click
here to view A Look Behind the
Scenes which you will take you through our process in
more detail. |
Cost and Duration
Duration of a search is usually two to three months from the
presearch to presentation of candidates.
Cost
of a search is one-third of the first year total compensation, payable
in three monthly installments, beginning at the inception of the
assignment (note: we have a different fee program for physician search
consulting assignments). Expenses are billed in addition, at cost, with
no markup added.
We guarantee in writing a successful search, and will continue
until you have hired an outstanding individual.
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