CPG Hiring Trends
The evolution of new technologies and the COVID-19 pandemic have greatly influenced consumer habits worldwide, consumers are becoming more demanding, and companies are working on efficiencies to offset the negative impact of inflation on their P&Ls. Leaders are working on efficiencies to offset these challenges. This article will examine how new technologies, consumer habits, and the pandemic…
Executive Hiring for a P.E. Portfolio Company – The Unicorn
Part Three – The Challenge of Finding the Unicorn Executive The third part of this four-part private equity executive hiring series acknowledges the challenge of finding and identifying a 'unicorn executive' to lead your portfolio-invested company. In case you missed it, part one looked at the essential and unique constituents of an ideal candidate's profile in terms of hard credentials, and soft…
Executive Hiring For a P.E. Portfolio Company – Soft Skills
Part Two – Core, Soft Credential Constituents In the second part of this series, we will continue this theme on executive hiring for a private equity portfolio company by examining parallel soft skill essentials and core, soft credential constituents. In case you missed it, please see part one of this series on P.E. portfolio company hiring, highlighting portfolio company executive core…
Executive Hiring For a P.E. Portfolio Company – Ideals and Compromise
Part One – Core, Hard Credential Constituents The bar is set high. Dynamics at private equity firms are fast, aggressive, and all-conquering. As the investor leader, you are tasked with tackling senior leadership management issues at a newly acquired portfolio firm. In this four-part series, a realization of the challenging factors surrounding the search for ideal candidates will be recognized.…
How Startups Can Revamp Their Executive Leadership Talent for Growth
Organizations, particularly startups, require changes in executive leadership talent in the business lifecycle to capitalize on growth potential. Sometimes CEOs are late to make the necessary executive team changes, which comes at a cost. Today, I’d like to share some examples and critical considerations for companies that fit in this category. NerdWallet is an example of when the rapidly growing…
4 Strategies To Overcome the Executive Hiring Challenges of Today
The process of sourcing, interviewing, hiring, and onboarding an executive continues to evolve at a rapid pace. Many corporations are overhauling their approach to hiring executives and are more open-minded to change than ever before. I recently had coffee with a newly retired HR executive for a Fortune 500 healthcare company and learned The Great Resignation had worked its way up to the…
Today’s Global Talent Trends in Mining Executive Search and Recruitment
By Sandra Burmeister and Kelli Vukelic Early figures and forecasts show that the mining sector is in for one of the most robust years off the back of the soaring demand for commodities and the industry's impressive rebound in the second half of 2021. Even so, the sector is still grappling with a plateful of hot-button issues, including social restructuring, environmental protection, and the…
The Benefits of a Chief Transformation Officer for Growth
As executive search consultants, we focus on understanding and optimizing businesses’ intended transformations and how they are shaping strategic responses to industry-level changes. While our clients focus on strategic planning, we place a great deal of our focus on the board advisory and strategic alignment with the execution of their needs. Especially implementation challenges of…
Transition Coaching After Executive Search Placement Increases Success in India
Executive coaching was nearly unheard of in India 15 or so years ago. Today is much different. Now there are thousands of certified executive coaches and multiple ICF chapters engaged in helping executives and their organizations succeed. Indian companies are engaging this skilled cadre of coaches to help nurture and develop leaders ripe for transitioning to senior roles, they are improving…
Improving Leadership Bench Strength
In our meetings with CEOs and HR directors, it is evident there is a growing concern within organizations needing to strengthen current leaders and support the bench of the future ones. After reading Gartner's report on How to Build Leadership Bench Strength, these are my conclusions: HR already invests 23% of its Training and Development budget in Leadership and 27% on the high potential…
Succession in the Real World- With John H. Tyson, Chairman of the Board at Tyson Foods
Succession is one of the most popular shows on HBO. It’s sometimes even mentioned in the same breath as The Sopranos, Game of Thrones, and Veep. Succession showcases super-rich, but deeply flawed characters who struggle for power and seem to face an endless maze of existential conflict. Viewers love watching the spoiled family members teeter on a knife’s edge of recognizable and relatable,…
Assessing Culture Fit vs Culture Add
“They seem like a great candidate, but will they fit in our culture?” This is a question often asked that can have unintended consequences when used as a primary weight in assessing a candidate’s fit. If you have ever been in a position to decide on a new hire or taken part in the hiring process, you most likely have asked, “what is our culture missing?” or “What type of individual will help us…
Maintaining a Winning Resume that Sells YOU
Job searching can be stressful and overwhelming; add in the COVID-19 pandemic, and it can be downright paralyzing. Maintaining a winning resume that sells YOU has never been more important, so I'd like to share a few tips to help. Most of us can agree that putting your professional experience on a piece of paper is daunting for any professional, whether you are newly entering the job market or a…
Executive Level Hires
Today's question comes from the president of a technology firm that asks: "I don't have the best track record when it comes to making executive-level hires. Do you have any specific suggestions that might help?". Since I have written often on the subject of talent management and have covered the basics of recruiting in previous posts, I'm going to share a few secrets that can help separate the…
Private Equity and Operational Value Creation Through Human Capital
Unprecedented growth of the Private Equity industry over the last decade made it stronger and better resourced, whereas an increased focus on improving the operating capabilities of portfolio companies is continuously impacting its value drivers. Operational value creation models in Private Equity have been historically focusing on the following levers: sales and margins’ improvement, cost…
Leadership Interview: Rethinking The Future of Work
In a recent conversation with Sandile Hlophe, Partner and executive leader with EY-Africa, we discussed some ideas around what the future of work could look like over the next few years. Even though this interview took place before the COVID-19 pandemic, I still believe the topic will be just as relevant as we emerge from the global disruption. Leadership Interview Summary JH: I am always…