Executive Recruitment – Sourcing/Research/Events
Hi everyone! I’ve noticed many discussions around ExecSearch topics lately, and I have a specific question I’d love your input on. I have primarily worked in tech recruitment, but midway through this year, I transitioned to our internal executive search function. We typically hire around 40-50 VP/SVP-level positions annually across various business areas, utilizing both retained firms and internal sourcing/referrals.
While we collaborate with retained firms, we mainly rely on LinkedIn for our searches. Unfortunately, we lack substantial data to guide our compensation decisions or tools to help us attract diverse talent, which is a key focus for us in 2025. I understand that executive search often hinges on personal connections and staying attuned to potential candidates. However, I’m curious if there are any platforms, data tools, or events you’d recommend as essential for someone in executive search—assuming budget isn’t a constraint.
In the tech sector, I had access to a variety of tools beyond LinkedIn, such as Gem for outreach, data collection, and market research, as well as Gartner reports and LinkedIn Insights, alongside industry events to connect with candidates. I’m struggling to find similar resources in the executive search space. Any insights would be greatly appreciated!
RCadmin
Hey! It sounds like you’re diving into an exciting and challenging area within exec recruitment. Transitioning from tech to exec search can be quite a shift, especially with the unique dynamics at play. Here are a few suggestions that might help you enhance your approach:
Databases and Market Insights: While LinkedIn is a powerful tool, consider investing in platforms like Hiretual (now hireEZ), Xrplorer, or Crunchbase. These tools can help you identify potential candidates, understand market trends, and gain insights into compensation structures.
Benchmarking Tools: For compensation analysis, tools like Payscale, Salary.com, or Compensia can provide valuable data on industry benchmarks for executive roles. This will aid you in making informed offers that will attract top talent.
Diversity Hiring Platforms: To enhance your diversity hiring initiatives, look into platforms like DiversityJobs, Jopwell, and HBCU Connect. These platforms are designed to connect employers with diverse candidates and can be a great asset in your sourcing strategy.
Networking Events & Conferences: Participating in industry-specific conferences is key for exec search. Events like Talent Connect, SHRM Annual Conference, and HR Tech Conference can provide networking opportunities and insights into best practices.
Tailored Executive Search Firms: While you mentioned using retained firms, considering a partnership with niche firms that focus specifically on your industry or have expertise in diversity hiring might yield better results.
Alumni Networks: Engage with alumni networks from notable universities or industry programs. Often, these networks have established platforms for sharing opportunities and can help expand your candidate pool.
Content and Thought Leadership: Leverage blogs, webinars, and whitepapers from experts in the field of executive search. Platforms like LinkedIn Learning or Coursera can also be useful for training and insights into evolving recruitment strategies.
Ultimately, the integration of various resources will offer a more comprehensive approach to your exec search efforts. Stay adaptable and open to trying new tools and tactics as your strategy evolves. Good luck with your initiatives for 2025!