Best CFO executive search firm in Denver? 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.
The unpredictable nature of the pandemic has sidelined most companies’ long-term business plans. And while companies will always need to remain true to their mission, vision and purpose as their North Star, I firmly believe that leaders who focus on short-term results right now will be well positioned for long-term success. Because, ultimately, success begets success. Although I agree with Peter Drucker’s saying that “culture eats strategy for breakfast,” SMBs cannot afford to completely do away with strategic planning right now. Keep an eye trained on the big picture, but today’s “priority playbook” has to start with what’s right in front of you. Putting in place priorities to control costs, nurture customers, care for your employees and protect your culture are the best plans for helping SMBs not just survive this pandemic but also prepare for greater future success.
Spectrum Search Partners, LLC is a retained executive search firm that solves the Executive and Functional leadership needs of the Private Equity community and their portfolio companies on a national basis. We are best known for our ability to persuade hands-on A players to step forward and become candidates. Spectrum adds significant value by uniformly and objectively evaluating this talent against a customized Spectrum Scorecard to determine the strongest and most impactful hire. Our unique Scorecard approach has enabled us to fill 100% of our assignments, and build very loyal Client relationships. Read extra details 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.
Assess how each candidate’s work arrangement should be structured. Could it be a contract role to allow more flexibility than is possible with a fulltime hire? Consider structuring hires to minimize unemployment and outplacement costs in the present climate of uncertainty. Implement low-cost, minimal-effort, yet high-impact employee retention and mental health practices. Everyone knows we are in an unprecedented time and companies are making some things up as they go along. But keeping new and current employees involved and part of the plan will foster a climate of “we’re all in this together,” where the company’s next great idea can come from any employee that wants to contribute. Scared, resentful employees don’t often want to offer ideas.
Tom co-founded Spectrum Search Partners with Kevin Hahn in 2009. He leads the firm’s business development efforts, manages search assignments, and owns responsibility for several of its clients. He has spent the past 15 years in the human capital business, partnering with Kevin at two executive search firms (DHR International and Tri Worth Solutions), and serving as Chief Sales and Marketing Officer for FASTAFF, a leading travel nursing firm, whom he helped sell to private equity. His passion for helping small and middle market-sized companies grow and maximize their potential with exceptional talent is a big reason why Spectrum was started. Discover more details on here.