Bo Le AssociatesExecutive search is a global industry with total estimated revenues of US$20-30Bn. As one of the key global professional services, it maintains international standards and strict code of conduct. Executive search is a dedicated systematic process which "actively" searches for the "best of the best" senior executives for a particular position for clients. The process begins with a clear understanding of clients’ business needs as well as their culture, organizational structure and long term objectives. It also requires the Search Consultant to have intimate knowledge of what it takes to be successful in the position under search within the clients’ organizations, and who the target candidates should be. Who can do the job "successfully"?
In today's internet world, many recruitment companies build their candidate database mainly through advertising on job boards. This method has significant value only for junior level positions as their applicants are largely active job seekers. In the executive search industry, it is not enough to simply advertise the job. We take a total different approach and diverse strategies to build our database as our target candidates are senior executives who are usually passive reluctant candidates who are not looking for jobs.
A professional search firm is able to identify, reach and assess a universe of competent candidates through extensive research, networking events, professional connections/relations and business referrals. Importantly, an expert search firm also has the capability and resources to provide HR insights, cost-effective solutions and advice for both clients and candidates. The best search consultant is often tasked to make impossible possible, i.e coach and mentor the best of best candidates to make career changes.
In spite of the above, a professional executive search firm never loses the human touch and professional judgment. Clients and candidates rely on an executive search firms for their credibility, reputation, business network, extensive industry knowledge of different sectors, and significantly, their ability to cement the interest of highly qualified but reluctant passive candidates. With their own professional business profile and reputation in the industry, executive search consultants have the advantage to quickly seek the best of the best leader for clients in order to take their organization to the next level, as well as to find the right opportunity for candidates in order to take their career forward.