Search
Methodology
Continuity Recruiting n:
An approach to executive recruitment that emphasizes the cultural
fit, leadership style and attributes, and long-term performance of
candidates hired by companies through a structured executive search.
At the time we coined the phrase "continuity recruiting,"
back in 1997, we had no idea how much the recruitment industry would
change over the next decade. Back then recruiters were viewed as
highly paid bounty hunters-responsible for sourcing candidates,
doing some cursory vetting, and laying "qualified" candidates
on the doorsteps of grateful clients. What happened afterwards was
not the recruiter's concern. If the new hire failed to take, well,
don't shoot the mailman.
At BSG Team Ventures we believed that clients had the right to expect more for
their investment. We believed that the "holy grail" of
executive search was not finding great resumes. It was establishing
a process by which candidates could be evaluated in context with
a client's culture and with the particular demands of the position.
In other words, we believed that we had to excel at both candidate
and client assessment. We had to be good matchmakers.
Accordingly, we created and evolved a BSG Team Ventures search process that integrated
several assessment strategies --some online, some face-to-face.
- We took time to get to know our clients, and to truly understand
their culture, their internal dynamics, their challenges, and their
needs.
- We launched each new search with an in-depth questionnaire and
educated clients on its value.
- We created Venn diagrams and other schematics that allowed us
and our clients to visualize the intersecting requirements of the
position.
- We formalized the use of motivation, self-awareness, and personality
assessment tools to evaluate candidates.
- We instilled in our recruiters the techniques of behavioral interviewing--with
an emphasis on what candidates have actually produced (how they
performed) rather than on what roles they have occupied.
- We taped all candidate interviews, including videoconferences,
to use for staff instruction and to speed the client interview process.
- We learned how to make referencing more than a rote exercise in
rubber-stamping by integrating performance-based questions.
We also took a fresh look at what happens from the time a candidate
says "yes" to a job offer to the time that candidate becomes
a fully acculturated, high-performing executive. Working on the
premise developed by Michael Watkins of the Harvard Business School--that
more than half (58%) of leaders brought into a new organization
fail in the first 18 months, at a cost to the organization of more
than $1M per failure-we began working in partnership with the Hay
Group and others to offer "onboarding" services to our
clients. The results are a "stick rate" of better than
80%.
Today no search firm worth its salt sees candidate sourcing as
its core competency. The Internet has changed the recruitment landscape,
and the rise of both email and job boards has vastly simplified
the task of identifying candidates whose paper qualifications fit
the task. Finding candidates is no longer the challenge. The challenge
is finding the right candidates, then making sure they receive the
right coaching to become quickly effective.
Little did we know that "continuity recruiting"-a process
that starts before any candidates are sourced and ends months after
one of them is hired-would become the industry standard. And that
BSG would be among its beacons.
Do we feel that we have perfected our search methodology? In short,
no. What began as a feeling that the executive search model could
be enhanced has now become a quest for continuous improvement in
the processes, tools, and people we leverage to help make our clients
more successful. |