When a position opens up on the corporate level, company leadership has quite a few options for filling it. You can hire from within, create a job listing online or utilize the services of a recruitment company, just to name a few. Each of these has its own process, along with its own benefits. But, there are downsides to some of these as well. Here’s a look at each of these processes to help you decide how you want to find your next company executive.
Hiring from Within
Moving into management and even executive positions are the hopes of many lower-level employees in every company. Hiring from within has a whole host of benefits. You can find a new company executive who knows the company intimately and can boost company culture. In addition, they likely will not need nearly as much training as an outside hire, as they are familiar with your unique business processes.
But, an inside hire is not always the best choice. When an employee stays with a company for many years, they may get settled into a particular way of thinking. If you are trying to find a new executive who will bring a fresh, new vision to the business, an inside hire may not be able to supply it. As such, looking outside may be beneficial.
An Online Job Listing
When you are looking outside the business for a new company executive, it may seem logical to post a job listing on all the online boards. This will attract a wide swath of different applicants, each with different levels of experience and different thought processes. You will naturally have a huge array of options to find the perfect candidate to fill this role.
However, you will have to sift through tons and tons of resumes to find that candidate. If and when you do find them, you will have to train them, possibly for a couple years, before they are ready to stand on their own two feet. In the meantime, you may have to offer a higher salary than you would like to keep them on board. Most companies simply do not have the time or resources for this process.
Utilizing a Recruitment Company
When it comes to finding your ideal candidate, a recruitment service is the way to go. They will sift through their own database of resumes to find your next company executive for you. This frees you up to focus on other aspects of the business and not spend countless man hours looking over hundreds of applicants.
Some say there is no such thing as a purple squirrel — that is, the candidate with the exact qualifications you are looking for. At Martin Recruiting Partners, we disagree. Let us find your next company executive who will fit the role well and propel your business toward unprecedented success. For more information, contact us today.
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