Executive Recruitment

Recruit the best executives for your organization

Find new members for your company that will be the right fit to achieve the goals that you have created for your business

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What is Executive Recruitment?

Our recruitment services help you find and hire qualified individuals to fill executive roles within your family-owned business. This process can be more complex than recruiting for non-family businesses, as there are often additional considerations such as succession planning, integrating external candidates into the family business culture, and understanding the nuances of attracting top talent during times of transition. Additionally, it is important to source candidates who fully comprehend and connect with the company’s values and mission.

Purpose of Executive Recruitment

Fill key positions

It is important to find executives with the necessary skills and experience to lead the company, as well as those who understand and are committed to the family's values and goals.

Ensure succession plan is in place

Strong executive recruitment ensures that there is a smooth transition of power within the family business, while also helping to ensure continuity and stability in its operations.

Create a culture of trust and collaboration

Executive recruitment can help to build a trusting and collaborative relationship between family members by fostering a sense of unity among all stakeholders in the business.

Why Family Businesses Should Prioritize Executive Recruitment

Recruitment can help family businesses identify and hire the best talent for key positions, which can lead to improved performance and success. Additionally, executive recruitment can help family businesses find candidates who have the experience and skills necessary to take on leadership roles within the organization. This can help ensure that the business is able to remain successful over time.

How Executive Recruitment Works

Establish search priorities

Establish search priorities by determining the search strategy, analyzing the challenges unique to the organization and role, and defining the criteria for success.

Attract and evaluate candidates

Use advertising, networking, referrals, or other methods to find candidates. Evaluate them through interviews, background checks, reference checks, and other methods.

Make an offer

Once evaluated, make an offer to the best-suited candidate for the role. This offer should include details such as salary range, benefits package, job responsibilities, start date, and more.

Common problems with Executive Recruitment

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Succession planning

Without proper succession planning, family members may be appointed to positions they are not qualified for, or external candidates may not be given enough time to integrate into the business.

Governance structures

Robust governance structures must be in place before recruiting executives from outside the family to ensure that decisions are made objectively and fairly.

Emotional ties

Family-owned businesses often struggle with emotional ties between family members and potential candidates, which can make it difficult to make unbiased decisions about who should be hired for executive roles.

Resistance to change

Family members often share similar backgrounds and upbringings, so there can be a tendency towards groupthink and resistance to change when hiring non-family members for executive roles.

How to implement Executive Recruitment effectively

Early succession planning

Plan ahead and begin the process of recruiting an external executive as soon as possible. This will help ensure that the transition is smooth and successful.

Take time to integrate

Onboarding programs, mentorship opportunities, and other initiatives help new executives feel supported in their role and integrated in the company culture and structure.

Ensure robust governance

It is essential for family businesses to have strong governance structures in place before recruiting an executive from outside the family.

Include outside perspectives

Having an experienced recruitment expert on board can help find the skills and experience needed for a particular role, which can be used to inform hiring decisions.

Are you a family business leader looking to expand and perpetuate your family's legacy?

Each of our strategy consultants bring 20+ years of experience in working with family businesses to help you address the key issues you face in preparing your family business to continue to the next generation.

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