Succession planning is a bit like flossing your teeth or going on a New Year’s diet – you know it is a good idea and that it can only make you healthier, but it is difficult to muster the discipline necessary to follow through on the commitment. Most companies take a similar approach toward [...]
[ Read More → ]In the years leading up to the recession, the talent market was hot. Unemployment in 2007 was hovering in the 4.5 percent range and U.S. GDP growth – while not as robust as the late 1990s – had recovered nicely from the business and geo-political turmoil of the early part of the decade. These factors created [...]
[ Read More → ]“We need to win the war for talent!”; “People are our most important assets!”; “The only capital we have is human capital!” blah blah blah Insert CEO’s name here and these statements could come from the leader of any Fortune 500 company. Ask one of these leaders what their top five priorities are and [...]
[ Read More → ]The use of some type of assessment methodology has been on the increase in the executive selection process over the past several years. While executive assessment is nothing new in Corporate America and tools such as Assessment Centers have been in use for well over 30 years, the proliferation of the use of assessment tools [...]
[ Read More → ]I’ve spent my entire career in professional services, starting as a mental health professional followed by various stints in different parts of human resources services – employee assistance programs, outplacement and career management – and for the past 15 years, retained executive search. I always have felt that the professional services sector is a [...]
[ Read More → ]Several weeks ago, I had the opportunity to pose this question to a group of executives: Which of these is more challenging in your business? Finding great talent Keeping great talent By a margin of 2:1, survey respondents said they had more trouble keeping talent. One respondent took the time to point [...]
[ Read More → ]While conducting the search for a Vice President of Human Resources for an international consumer goods company last year, I had the hardest time convincing the hiring manager to interview one of the candidates we surfaced for the position. She had fewer years of experience than he was seeking, her industry exposure was related but [...]
[ Read More → ]When we are asked to conduct a search, more often than not, it is the result of a gap in a succession plan. Often, the situation is inescapable and, hopefully, due to the fact that our client’s growth is outstripping their ability to fill all of the gaps in the organizational chart through its own [...]
[ Read More → ]I just finished Bill Taylor’s blog on HBR, entitled “Great People Are Overrated”. It’s quite an interesting read. While I encourage you to take a look at it yourselves, at its barest essence, Taylor’s position is that if offered the choice between having one superstar in his organization versus a group of solid contributors who [...]
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