A bad hire in an
organization can lead to devastating consequences. Finding qualified and top
performing executives who can play a perfect role in Board advisory in China is
an art and the search can turn into a tougher and longer process. The cost of
leaving the role of important positions such as that of CEO advisory in China empty can certainly have negative
ramifications, but hiring a quick, contingency recruiter can be equally bad.
This is the reason,
investment in life science executive
search firms in China is a worthy investment when it is about finding the
right candidate for the senior positions in an organization. Let’s understand
why the retained executive search firm charges hefty fees for filling the
positions in an organization and why organisations are ready to pay the higher
fees for the services received:
- Access To A High Quality Network Of Professionals Working As Executives
If all the referrals have already exhausted and nothing more
is left in the network connections made till date, but the search for the
suitable executive is still on, then certainly it is the executive search firm
which can play the correct role. This is because they have a pool of global
network connections extending to different industries, and geographical
boundaries. Thus, the pool of talent they can provide an organization with is
more exclusive and high in terms of quality.
- Lack Of In-House Resources For Assessing Cvs
Properly assessing and judging a CV can take a lot of time,
particularly when it is the not the area of domain of an individual. Also, scan
reading a CV can pose danger as you end of overlooking intricate details and
reject a CV that had all the necessary skills and experience. The executive
search firms assesses CVs on a daily basis and have in place the right set of
tools to determine what a strong CV looks like.
- Can’t Risk When It Is About Significant Positions In An Organization
There are certain C-suite positions which are so important
that a bad hire can adversely impact the huge managerial chain. The executive
recruiters, being trained in hiring the C-suite executives understand the rare
mix of skills which should be present in the ideal candidate and can easily
identify the right fit irrespective of the fact that it is an internal
candidate or an external hire.
- Fill Knowledge Gap And Avoid Unconscious Biasedness
When it is about making recruitments for the
newly created positions or for the positions which are beyond one’s area of
expertise, the knowledge gap can be easily filled with the specialized skills
of the top headhunting firms. They can easily conduct an original research on
the various candidates, thus, bringing in the diversity in the top executive
roles and even avoid the presence of any sort of unconscious biasedness which
might have taken place in case the recruitment was done in-house.
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