FAQ

THE ELITE EXECUTIVE DIFFERENCE

FAQ

THE ELITE EXECUTIVE DIFFERENCE

CLIENT FAQ

Executive recruitment is a specialised type of recruitment aimed at attracting highly skilled senior management talent to an organisation. It is typically used to fill strategically important roles, including CEO, CFO, COO, HRD and CIO

Executive recruitment differs from the recruitment of more junior talent. When recruiting for more junior roles, an organisation will usually work with a recruitment consultancy on a contingency basis to find suitable candidates. The candidate who is successful in securing the position will usually be an active job seeker who applies for the role.

While contingency recruitment works for filling many roles in an organisation, your senior leadership team needs to be made up of the best people – and the best people are rarely ‘looking for a job’. This is why executive search exists.

Executive recruitment seeks out the perfect match for both the role and the company – whether the candidate is actively looking for a new position or not. An organisation will develop a long-term partnership with an executive search firm, who acts as an extension of their business identifying and engaging suitable candidates on their behalf.

Executive recruitment involves working with a third party, typically an executive search firm, who can identify and engage the best senior executive talent in the market to match your business requirements.

Executive recruitment is relationship-driven. An executive recruitment and search firm will work closely with you to understand your requirements and advise on the most effective strategy to ensure they deliver the most suitable talent.

It is a research-led approach, meaning an executive recruitment firm will be paid a retainer fee upfront to carry out extensive market mapping to analyse the marketplace and benchmark for skills/roles and salaries. A search firm will tend to have extensive knowledge of and access to board directors and senior executives across industries and functions, allowing them to build a large pool of top executive talent.

Senior-level executives have a significant impact on an organisation, so making the right executive appointment is critical.

An executive search firm can help you secure the right people to drive your business forward and impact your top and bottom line. They do this by:

Mapping the market
An executive search firm can provide you with access to a top network of otherwise inaccessible industry-leading candidates by mapping the market and benchmarking for particular skills, roles and salaries. This can include new geographies for a client or to inform a decision such as where to locate or relocate operations.

Delivering solutions, not just resume’s
An executive recruitment firm will match talent to the distinct needs of your organisation, considering the goals you are trying to accomplish as a business and seeking out people with the right mix of knowledge, skills, and abilities to help you achieve those goals.

Offering an objective approach 
It can be easy for organisations to fall into the trap of recruiting people who fit the same profile as their predecessors, but executive recruitment firms can encourage you to think outside the box to find people who will help your business to grow and evolve.

Approaching suitable candidates on your behalf
An executive recruitment firm is able to make professional and qualified approaches on behalf of your company to sound out potential clients. They act as an extension to the client for the duration of the search and through the first-year post-placement.

Becoming a trusted advisor
This facilitates their ability to ‘sell’ the role and understand the company politics and requirements.

Executive recruitment and search is not just about filling an immediate need.  An executive search firm should be like a partner, a strategic advisor with a relationship built and invested in over years.

A good executive search partner will strive to gain a deeper understanding of your business, your culture, the gaps you are looking to fill, and provoke new thinking. Your search partner should know your company inside out; how your business operates, your goals, your values, and your people. This will help them to find the most suitable candidates to help your company grow and evolve.

Functional expertise
A good executive search partner will have an excellent understanding of the market, rather than just one industry or market segment. They will have deep, functional expertise in their area that they can bring to every assignment.

To be successful in today’s marketplace, organisations increasingly need a blend of people in their top team. A diverse top team will have a larger pool of experience and points of view to draw from, meaning they can help you find new solutions to problems and generate new ideas that could catapult your business forward. A good executive search partner will be able to use their knowledge to encourage organisations to think differently and present you with candidates who can arrive with new ways of thinking.

Strategic advice
As part of helping to drive your company forward, a good executive recruitment partner will be able to provide you with additional support in the form of things like succession planning, organisational design, and executive coaching. Their understanding of your business, coupled with their extensive knowledge of the market, means they are well-equipped to provide a more complete people solution for your business.

Professional service
Your executive search partner will represent your company to candidates, so it is important that they know you well enough to promote your company in a positive, accurate, and honest light so that candidates want to work with you. As the right candidate may not be actively looking for a new position, your executive search partner needs to give the very best impression of your company. This also means providing a well-managed, efficient, and professional search process, as this will add to your credibility as an employer and help build your employer brand in the market.

Elite Executive has over 50 years’ experience in professional recruitment.  We will act as an extension of your business, helping you to secure highly skilled senior management talent who can help your company to grow and evolve.

We have a wealth of experience across a range of industries and not only across Australia, but internationally as well.  We also align ourselves with values developed by the team and live this in our day-to-day work.  We are passionate about what we do and take pride in providing our clients with the best service in the business! See what our clients have to say, and hear from them firsthand and learn about how we have partnered with them to recruit leaders for their business.

Learn more about why you should connect with Elite Executive and connect with our team, so we can connect you to yours. 

We like to understand our clients’ requirements, and after initial consultation, we would be able to provide our fee structure and terms of business, to provide a tailored business solution to your recruitment needs.