Executive search as an industry has been around since the 1970’s. Executive search services came as a solution for many companies looking for top executive talent to help the companies grow. Or where the companies need to go through massive changes. Or simply for companies looking to hire replacement for executives who choose to go for greener pastures elsewhere.
How can you tell if a company is providing executive search services or just standard recruitment services? We persuade those whom otherwise are not actively looking. All the way until they sign the employment contract.” Whilst normal recruitment is mainly for mid to low level talent. As the result the approach is quite different. Normally organisations can just put job advertisements and they can still attract the desired talent.
You see companies advertise for CEO positions. Vice versa search firms could ‘headhunt’ mid-level talents directly due to scarcity. Executive search industry has become a ‘commodity’ that anyone senior enough with a rolodex of executive contacts think they can start a search business. They surely can. Executive search as a business, has its own challenges. Just like other businesses.
As a client what can you expect from an executive search firm?
Last but not least clients can get objective feedback on the market perception of them.
As a candidate what can you expect from an executive search firm?
Candidates can expect objective assessment of their strengths and weaknesses. Candidates can also find out if their compensation package is on par with the market or below the market.
Many people sometimes mix up executive search with outsourcing. Executive search as the name suggests, is the recruitment for executives. They are permanently or contractually employed by the client organisation. Clients engage this third party company so they can remain lean and agile.
Mandate Executive Search is the leading Indonesia’s home-grown executive search firm.
Established in 2009, the firm has placed top level executives in Financial Institution, Natural Resources and Technology sector, among others.
