Simply put, executive search is a means of finding the high-caliber leaders in local, regional or international markets. The search firm acts on behalf of the client company seeking the right senior manager for a specific role- or, for example, a team of managers to pioneer entry into a new market. The Value of Executive Search Executive search brings value to clients because the search consultant provides a company with domestic and worldwide knowledge of the managerial market within its industry, as well as a sophisticated network of relevant industry contacts to identify suitable candidates for each assignment. The search process involves working with clients in long-term partnerships to understand their businesses, organizations, inner culture and thinking. This means that a top search consultant can not only advise on a strategic hire, such as that of a chief executive officer, but also offer insight into the development and implementation of major strategic human resource programs.
Confidentiality is paramount.
As companies expand into new markets and globalization becomes the key strategic focus, the need to identify executives with international experience and the ability to build market share in emerging economies is even more pressing. A hallmark of a solid search firm is that the majority of its work comes from satisfied clients- clients who return again and again to find the executive talent they need to grow their businesses. An employment agency works on behalf of the applicant. It looks for jobs for people. Those seeking employment come to the agency to see what positions companies may have open, so the pool of applicants for an opening is limited to those seeking new employment.