Best executive search in Denver, Colorado? Don’t sweat it if you truly cannot hire any new employees now. However, you can, and should, still actively recruit and remain in contact with your candidates. Maintaining an open line of communication and being transparent about your current hiring operations will keep your company relevant and top of mind with candidates. Keeping them engaged, even if it’s as simple as checking in with them, increases the likelihood that they will want to come work for your company once you resume hiring.
Culture. Through this pandemic, I’ve been amazed to hear the stories of companies that just refused to quit. Their business and people are too important to them. If that determination and perseverance wasn’t a fundamental part of the DNA of a company’s culture before the crisis, that’s not something that can be suddenly turned on when things get tough. When companies have a compelling purpose that people can rally around and believe in, teams can quickly get aligned and overcome seemingly insurmountable challenges. Every good coworker has a passion to have a job that is relevant and important. Strong leaders give their people a voice in their organization, and ensure they have autonomy and competence to act. Disruption, uncertainty and remote working do not have to shatter culture. Culture can set you apart, help you retain and attract top talent, and make customers proud to work with you.
Private Equity firms entrust Spectrum with hiring their senior most important leaders who will shape and determine the future success of their portfolio companies. We have successfully guided our Clients through hundreds of these processes. Selecting the right candidate accelerates the timetable for achieving the goals of your investment thesis, enhances valuations, and ultimately leads to a very successful exit. Many of these firms utilize us throughout their entire portfolio due to our process, persistence, and thoroughness. As a trusted partner, Spectrum has completed every search we’ve been hired to perform – a track record we are very proud of. If we have to engage with several hundred candidates to find your next leader, we will. Discover more information at executive recruitment partners.
Each of the candidates we present to our Clients have the ability to be impactful, strong builders of high performing teams, and true business partners to CEO’s and their Board of Directors. Over 80% of the CEO’s we’ve placed and have gone through our process have hired us to build out their teams in the areas of Accounting, E-Commerce, Engineering, Finance, Human Resources, Information Technology, Marketing, Operations, Product Development, and Sales.
Since February, senior executives have increasingly been asking how the pandemic, and now the presumed recession, will affect hiring in 2020. The answer is that it will vary. In any time of economic distress, not every industry slows down. While some companies lay off people, others hire them. As every prior downturn has shown, there is opportunity in chaos, and not just the unethical sort. Of course, hiring, productivity, and retention will likely be more challenging in this time of pandemic and recession. At least for now, there’s a new normal. But even if hiring decreases overall, at most companies there will be pockets of ethical opportunity and business continuity that warrant hiring at certain levels. Again, there is ethical opportunity in chaos. It’s imperative to look for potential leaders as well as rank-and-file employees who have shown they can survive and thrive in uncertain times, and that holds true for current leaders as well. Hiring practices have to adjust accordingly.
Tom co-founded Spectrum Search Partners with Kevin Hahn in 2009. He leads the firm’s business development efforts, manages search assignments, and owns responsibility for several of its clients. He has spent the past 15 years in the human capital business, partnering with Kevin at two executive search firms (DHR International and Tri Worth Solutions), and serving as Chief Sales and Marketing Officer for FASTAFF, a leading travel nursing firm, whom he helped sell to private equity. His passion for helping small and middle market-sized companies grow and maximize their potential with exceptional talent is a big reason why Spectrum was started. Discover more details at here.
