ATTRACTING THE RIGHT LEADER
Companies often assess the search and selection of executives without considering the high costs of an incorrect hire.
From a financial point of view, attracting talent goes beyond the salary and benefits that a leader will receive during the tenure in the company, nor the investment associated with onboarding, training, or rehiring.
There are other costs harder to quantify, just as relevant. The most common negative impact includes a loss of engagement, morale, and productivity within the work team, which may lead to the loss of key employees. This is a very high price to pay.
MOST FREQUENT RISKS WE CAN TACKLE FOR YOU
Incorrect or incomplete assessment
of the candidate’s traits and
competencies.
The urgency to fill the position quickly.
Not assessing the candidate’s fit with the company’s culture and long-term business strategy, is the most frequent oversight risk.
Incomplete
or shallow
reference check
and performance
evaluation.
Late detection of the need for externalizing the executive search process.
Engaging professional help is definitely more cost effective. From employer branding, to running effective interview processes, to the identification of the correct candidate. There is a lot at stake in the executive search process.
This is where Youlton + Ganderats can help you.