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Need to Find an Executive
For the first time in 30 years of business I need to hire someone for an executive position and I don't have people lining up at the door. I need to find a person with very specific skills - essentially a mini-me so I can finally retire. This is like finding a needle in a haystack. What is the best way to go about finding this person? I know I can spend a lot of money on agencies - are they effective?
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Registered
Join Date: Sep 2009
Location: North of You
Posts: 9,160
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What field?
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"A machine you build yourself is a vote for a different way of life. There are things you have to earn with your hands." |
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The Unsettler
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My SIL owns her own recruiting agency.
All she does is C level. I needed to find someone with a very specific skill set. Scoured linked in for a couple of days using specific keywords. Guy I landed on was perfect. Neither of us work for that company going on 5 years now but still do work together every month or so. I help him with his clients, he helps me with mine.
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"I want my two dollars" "Goodbye and thanks for the fish" "Proud Member and Supporter of the YWL" "Brandon Won" |
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I've had good luck with finding exec level positions in my co. with a exec specific headhunter. We negotiated an upfront price (like 5-10% of annual salary, NOT 30+) and they've found me 3 keepers in the last 2 years. Fortunate I guess.
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Careful what you wish for... |
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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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Quote:
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Copyright "Some Observer" |
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(the shotguns)
Join Date: Feb 2006
Location: Maryland
Posts: 21,664
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You don't want a mini-you, you want someone BETTER than you!
Get your reporting metrics set up now to ease the transition into retirement. Consider personality analysis to avoid personality conflicts after you leave and can't keep constant control.
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***************************************** Well i had #6 adjusted perfectly but then just before i tightened it a butterfly in Zimbabwe farted and now i have to start all over again! I believe we all make mistakes but I will not validate your poor choices and/or perversions and subsidize the results your actions. |
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Registered
Join Date: Jul 2004
Location: Motor City
Posts: 301
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What skills are you looking for? Type of business? Location? I know of someone in Ohio, feel free to PM me.
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Driver, not Mechanic
Join Date: May 2013
Location: SF Bay Area
Posts: 3,004
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No one to promote from within? Already knows the business...
It could go either way. Starbucks changed CEOs one time and didn't go well. Schultz had to come back. On the other hand, Costco seems to have gotten it right. Succession planning is hard but necessary. |
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Registered
Join Date: May 2003
Location: Woodlands TX
Posts: 3,946
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People tend to gravitate towards candidates with skills similar to their own. What is usually preferable is to to look for somebody with similar ethics/philosophy/integrity but with complementary skill sets.
Or so a business teacher once told me (the class)
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84 930 07 Exige S |
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Cars & Coffee Killer
Join Date: Sep 2004
Location: State of Failure
Posts: 32,246
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Quote:
Also realize that someone else will make different decisions, but they might be just as successful as you, or--gasp--MORE successful!
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Some Porsches long ago...then a wankle... 5 liters of VVT fury now -Chris "There is freedom in risk, just as there is oppression in security." |
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Registered
Join Date: Dec 2001
Location: Cambridge, MA
Posts: 44,353
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STFU
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Excellent advice
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Tru6 Restoration & Design |
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Registered
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Maybe I'll try linked in. I need a content manager ( social media, marketing, and print) and editor for a niche magazine brand. The person needs to know the subject matter inside and out, and then know how to create and sell media products.
The candidate needs a strong ability to explain technical matters in plain English. To prepare for the job the person will have to read or needs to have read my entire library of books plus a few hundred period magazines. ![]() This is my corporate history collection. ![]() This is the product history collection. Gotta go to a meeting back later.
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. Last edited by wdfifteen; 09-20-2016 at 07:07 AM.. |
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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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How intolerant of you Shaun. I am offended by your aggressive behavior.
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Copyright "Some Observer" |
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Registered Cruiser
Join Date: May 2004
Location: Pursuing Happiness
Posts: 3,892
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Equity stake for the right person if you don't want to repeat the process every 3-5 years.
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87' Carmine Red Carrera - Keeper 82' Silver SC - Sold 79' Gran Prix White SC - Sold 05' Black C2S - Daily driver I have never really completely understood anything. |
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Registered
Join Date: Jul 2004
Location: Maryland
Posts: 31,503
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Parts of Ohio have some very well run County and State economic development agencies. The Dayton area especially. They are an excellent source of knowing the talent in their area and beyond.
We use them all the time for my company in NC. In fact I had a meeting last week with the 2nd in command of NC econ development about finding the right candidate for an effort next year. I recommend starting their. If they can't help they can funnel you to the right company that places executives.
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1996 FJ80. |
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Registered
Join Date: Sep 2005
Location: So. Cal.
Posts: 11,248
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Quote:
To the OP - I'm listening intently. I need to do much the same.
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David 1972 911T/S MFI Survivor |
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In looking at reviews it doesn't appear that the for-profit places like Monster etc are very cost effective. I did try to make a job posting on Linkedin and before she was finished screeching in my ear I was ready to reach through the phone and slap the "customer service" twit.
I asked, "Are there any fees in addition to the initial fee?" She answered, "Not that I know of." I asked her to connect me with someone who might know and she got real snotty with me. I my wife suggested that the land grant colleges here in the Midwest were likely to have someone who meets our requirements. They all seem to have employment services. I've contacted Ohio State. I will report my experiences for those who are interested.
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FUSHIGI
Join Date: Feb 2006
Location: somewhere between here and there
Posts: 10,749
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Would be concerned about any sporting a newly minted MBA. YMMV.
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Registered
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In most industries, LinkedIn is a very effective way to reach people.
The more niche your business is, the less likely that a single agency or headhunter will have a candidate. You might consider if the job can be split into two roles. You seem to be looking for 1) a sales/marketer, 2) a writer/editor, 3) an uber-geek in a rather obscure/unfashionable topic, 4) lives in or will relocate to your area, 5) not already happily employed. Draw the Venn diagram, that's a rather tiny intersection. How many people with attributes 1 2 4 5 will have read that 80 linear feet of stuff, or can/will do so, in their spare time, in less than a decade? Do you plan to pay them for a year just to read full-time?
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1989 3.2 Carrera coupe; 1988 Westy Vanagon, Zetec; 1986 E28 M30; 1994 W124; 2004 S211 What? Uh . . . “he” and “him”? Last edited by jyl; 09-20-2016 at 04:10 PM.. |
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Slackerous Maximus
Join Date: Apr 2005
Location: Columbus, OH
Posts: 18,177
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I'm in Columbus. Masters in Management. Currently a web developer for a big bank. I love old trucks, cars, tractors (I'm big into steam power). For God sake hire me before I lose any more hair.
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2022 Royal Enfield Interceptor. 2012 Harley Davidson Road King 2014 Triumph Bonneville T100. 2014 Cayman S, PDK. Mercedes E350 family truckster. |
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