Best retained executive search in Denver, CO? 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.
Managing Costs. Many SMB leaders have been taking a careful look at their costs during the pandemic, and some were even surprised by areas of their business that had become bloated. Leaders can minimize surprises like those by more regularly assessing changing external and internal risks and opportunities brought about by the pandemic, and realigning their resources around those factors. By maintaining strong financial discipline, leaders can be better prepared for the unpredictable. When leaders operate a lean business, they free up resources to invest in innovation that can lead to new growth.
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. Read extra information on private equity search firms.
Three critical steps define the core of Spectrum’s search process. Technology has leveled the playing field within the Executive Search Industry. “The Rolodex era” is a thing of the past. Our sophisticated research strategies expand the universe of addressable talent, beyond traditional databases. Spectrum customizes unique value propositions for each client, maximizing our ability to persuade proven performers. Utilizing our Spectrum Scorecard allows us to expertly evaluate and measure all candidates against your specified needs, as each assignment has different requirements and priorities. This process is designed to optimize your time.
Project which functions will no longer be needed and which will have to be adjusted, as well as what new functions will arise in this new economic climate. Assess how current staff can be retained and retrained in this new structure. Determine what openings exist after evaluating the current state of staff and functions. Factor in business continuity and redundancy needs when assessing workflows and staffing needs. Look for candidates who have worked successfully in virtual environments. All other qualifications being equal, the candidate who has worked in a remote capacity could assimilate faster. Look for candidates who are familiar with multiple virtual business platforms, such as Microsoft Teams, Slack, Zoom, Asana, Trello, proprietary VPNs, and CRMs of all kinds.
Luke joined Spectrum Search Partners as a Recruiting Director in 2018. He brings over a decade of search industry experience, with considerable expertise in cybersecurity, healthcare, and technology. He’s acquired hands-on external and internal recruiting experience having worked in retained, contingent, and corporate search environments, where he filled executive and leadership roles in the following functional areas: Accounting and Finance, IT, Sales and Marketing, and Supply Chain. After graduating college from the University of Missouri with Bachelor’s degree in Psychology, Luke joined an IT Staffing firm headquartered in St. Louis (his hometown) named Technology Partners, where he cut his teeth in the contingent search world. He then transitioned to DHR International, the 5th largest Retained Executive Search Firm in the United States, where he supported an array of Fortune 500 and privately-held companies. A promotion at DHR brought him to Denver, where he eventually started his own retained search firm named Kaleo, where he focused on the digital healthcare domain. Luke’s entrepreneurial DNA allows him to relate very easily to Spectrum’s customer base. Read additional details on http://www.spectrumsearchpartners.com/.
