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Q: What about your partners and their experience? A: Anthony Townley has over thirty years of staffing and executive search experience. He conducts our searches once
position requirements have been defined. Barry Foster has extensive assessment knowledge and is a leader and innovator in
business and executive coaching profession. Barry and I procure
retained search assignments, facilitate
development of
position requirements with
position development team and
selection team, and coach
integration process of
new executive.
Q: Describe
typical client you work with. A: Closely-held companies with a sweet spot of $25-100 million in sales. We have worked with organizations with sales of $4 million to over $300 million. We deal mostly with
CEO or President of
organization or
COO.
Q: Can you give us an overview of your company and its services? A: ASearch takes
risk and doubt out of
next critical hire an organization makes. We take an organizational development approach to make this a reality. We help our clients understand their culture, define
position and
goals for
first 30, 60, 90 and next 180 days with agreed upon evidence of goal accomplishments, required and desired experience and education and
objective psychometrics required for
new position based on
understanding of
culture and position requirements. We also make sure that
selection team understands its role in making this new key person successful. Finally, we coach
integration process of
new hire with reviews at
45- and 90-day time periods. At that time, if all parties are progressing as expected, we extend our guarantee for
balance of
first year from
date of hire.
Q: Any additional information about your services? A : Because we become so knowledgeable about an organization and are able to provide so much value, we often reach
level of trusted advisor and are asked to assist in other organizational development type assignments. In this case, we will do
assignment or bring in other professionals who we have worked with to perform
services on behalf of ASearch and
client.
Q: Have most of your clients had a negative hiring experience? A: Yes. Almost all of our current search clients have had a poor hire in a similar position or understand
value of getting
right fit
first time.
Q: Can you give us an idea of how much money is lost due to these failures? A: It’s hard to gauge
lost opportunity costs -- which are
higher costs -- lost business, turnover of good employees, lost production and bad comments about an organization which means opportunities you will never get or know why. On
tangible side, are
transaction costs, advertising, resume culling, extensive interview time, training costs of
wrong person once hired, lost wages and benefits, placement fees, law suits for wrongful discharge, contractual costs, relocation costs and contractual separation costs if
executive is let go for any reason but cause. Minimum figures for turnover of an executive have been four to five times
annual salary.
Q: Why have those employees failed? A: If you interview companies, you will find a lack of cultural fit (chemistry) and behavior that did not allow
new hire to perform i.e. no sense of urgency, low energy, not able to make a decision or hold people accountable, etc.
Q: What are
challenges you see facing employers who are trying to do it on their own? A: Understanding
real requirements of
position and their culture, being able to get below
surface or tip of
iceberg to match
position requirements to
candidate, determine what is success early on as well as long term, integrating
new hire into
organization and working out
rough spots — especially if
position requires different behavior(s) than
current culture.
Q: At what point do employers give up their own attempts and seek your help? A: I am not sure…the need to know that there is a better way than
traditional search firm... Otherwise they will continue on a hit or miss proposition. I knew of one firm that turned over a key executive position three or more times and still did not get it right.
Q: Can you quantify
retention rate of employees who were sourced on their own, compared to those hired using your firm's services? A: No, but
cost of any turnover is great …We know that if you know how to define your culture and
position and have objective means of measuring
culture and behaviors required for success in this culture doing
position requirements, with
right experience and education you will have little chance of turning over
position. That is why we offer an unprecedented one-year guarantee to everyone who uses our process.
******************** Copyright 2004 Kate Smalley Connecticut Secretary http://www.connecticutsecretary.com kms@connecticutsecretary.com ********************

Kate Smalley, President, Connecticut Secretary. http://www.connecticutsecretary.com