Assessment specialists, when a part of a search firm, will advise on both internal and external candidates. Consultants who have their fingers on the pulse will know what the market for candidates is likely to yield. Listen if you are told that the package is inadequate. Most young stars today want a slice of the action and a fair reward for their contribution. Equity and bonuses are as important as the base, if not more so.
Star quality is a rare commodity.
If the consultant advises that a candidate is someone to seen at once, and to be given real encouragement, you should respond. Solutions may well be found through the recruitment of interim resources, or even a series of them. The anticipated rate of growth can be such that today's permanent solution would be redundant within too short a period. Capable interim managers, especially if over-qualified for the immediate tasks in hand, can be the best way forward. Clients should be open to the more innovative ways of sourcing executives.