Executive search 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.
When hiring, give an edge to qualified candidates who have made it through multiple layoff rounds. They’re used to picking up the pieces after a massive layoff and are a better bet to know how to keep the operation moving smoothly. Be clear with them on company plans, and they may start imagining how to fix situations and turn things around. Identify candidates that have a track record of succeeding at things they’ve never done before. While most people can continually succeed in an upward linear fashion by building on prior experience, we are not in a linear period at the moment. The person who can repeatedly succeed in unknown situations is what some companies will need for fresh ideas and reinvention.
Every existing and prospective Spectrum Client is unique, with different needs, challenges, priorities, and corporate cultures. Spectrum appreciates this and will invest considerable time getting to know your business intimately. Should we work together, our goal is to be able to represent your brand as effectively as you do. This discovery process also enables us to develop a compelling value proposition to take to the marketplace, as 95% of the candidates we reach out to are gainfully employed and are not actively seeking new opportunities. The competition for top notch talent today is as fierce as its ever been so it is vital that we make the strongest initial impression possible. Find more info on ceo search partners.
Luke joined Spectrum Search Partners as a Recruiting Director in 2018. He brings over a decade of search industry experience, with considerable expertise in cybersecurity, healthcare, and technology. He’s acquired hands-on external and internal recruiting experience having worked in retained, contingent, and corporate search environments, where he filled executive and leadership roles in the following functional areas: Accounting and Finance, IT, Sales and Marketing, and Supply Chain. After graduating college from the University of Missouri with Bachelor’s degree in Psychology, Luke joined an IT Staffing firm headquartered in St. Louis (his hometown) named Technology Partners, where he cut his teeth in the contingent search world. He then transitioned to DHR International, the 5th largest Retained Executive Search Firm in the United States, where he supported an array of Fortune 500 and privately-held companies. A promotion at DHR brought him to Denver, where he eventually started his own retained search firm named Kaleo, where he focused on the digital healthcare domain. Luke’s entrepreneurial DNA allows him to relate very easily to Spectrum’s customer base.
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. Discover additional details on executive search Denver.