As an executive job seeker, executive search firms can feel like a secret club.ย Not all firms are equal and building the right relationships helps you access relevant roles.
To tap into this hidden market effectively:
1๏ธโฃ ๐๐ง๐จ๐ฐ ๐ญ๐ก๐ ๐๐ข๐๐๐๐ซ๐๐ง๐๐๐ฌ ๐๐๐ญ๐ฐ๐๐๐ง ๐
๐ข๐ซ๐ฆ๐ฌ
The "Big Five" executive search firms handle the highest-profile placementsโthink CEO of Walmart or Chief Marketing Officer of Fortune 100 companies.
Mid-market firms like Riviera Partners, Daversa Partners, and True Search focus more on Senior Director to VP or CPO-level roles, working with everything from seed-stage startups to Public and Private Equity (PE)-backed companies. Boutiques offer a more personalized, white-glove approach.
2๏ธโฃ ๐
๐จ๐๐ฎ๐ฌ ๐จ๐ง ๐๐๐ญ๐๐ข๐ง๐๐ ๐๐๐๐ซ๐๐ก ๐
๐ข๐ซ๐ฆ๐ฌ
The retained search firms are relationship-driven. Unlike contingent firms that are paid when a candidate is hired (leading to a high-volume, transactional approach), retained firms are embedded in their clients' businesses. They focus on long-term fit and build relationships with candidates for future opportunities.
3๏ธโฃ ๐๐จ๐งโ๐ญ ๐๐๐ฌ๐ญ๐ ๐๐ข๐ฆ๐ ๐จ๐ง ๐๐จ๐ฅ๐ ๐๐ฎ๐ญ๐ซ๐๐๐๐ก
A common pitfall is blasting cold emails to dozens of recruiters.
Instead, you should focus on finding the right recruiter in a firmโsomeone who specializes in your industry, company stage, investor type, and/or functional area. Even more importantly, aim to get introduced through mutual connections or by someone whoโs been placed by the recruiter before. Your network is your strongest asset here.
4๏ธโฃ ๐๐ซ๐ข๐จ๐ซ๐ข๐ญ๐ข๐ณ๐ ๐๐๐ญ๐ฐ๐จ๐ซ๐ค๐ข๐ง๐ ๐๐ง๐ ๐๐๐ฅ๐๐ญ๐ข๐จ๐ง๐ฌ๐ก๐ข๐ฉ๐ฌ
Spend 75% of your job search time cultivating relationships with people who can introduce you to the right recruiters. This includes:
โ Reaching out to ๐๐ฑ๐๐๐ฎ๐ญ๐ข๐ฏ๐๐ฌ ๐ฐ๐ก๐จ ๐ก๐๐ฏ๐ ๐๐๐๐ง ๐ฉ๐ฅ๐๐๐๐ by these firms to find who placed them
โ Reconnecting with ๐ซ๐๐๐ซ๐ฎ๐ข๐ญ๐๐ซ๐ฌ ๐ฐ๐ก๐จ ๐๐ฅ๐ซ๐๐๐๐ฒ ๐ค๐ง๐จ๐ฐ ๐ฒ๐จ๐ฎ๐ซ ๐๐๐๐ค๐ ๐ซ๐จ๐ฎ๐ง๐
โ ๐๐ฉ๐ญ๐ข๐ฆ๐ข๐ณ๐ข๐ง๐ ๐ฒ๐จ๐ฎ๐ซ ๐๐ข๐ง๐ค๐๐๐๐ง profile so recruiters can find you for inbound opportunities
โ Keeping in touch with recruiters ๐๐ฏ๐๐ง ๐ข๐ ๐ ๐๐ฎ๐ซ๐ซ๐๐ง๐ญ ๐ซ๐จ๐ฅ๐ ๐ข๐ฌ๐งโ๐ญ ๐ญ๐ก๐ ๐ฉ๐๐ซ๐๐๐๐ญ ๐๐ข๐ญโtheyโll think of you for future opportunities
5๏ธโฃ ๐๐ฉ๐ญ๐ข๐ฆ๐ข๐ณ๐ ๐๐จ๐ฎ๐ซ ๐๐ซ๐จ๐๐ข๐ฅ๐
Your LinkedIn profile should be more than just a resume. It needs to clearly communicate your value proposition, leadership style, and impact with keywords, ensuring youโre discoverable by the right recruiters. Switch on "open to work" for inbound opportunities.
6๏ธโฃ ๐๐ ๐๐๐ญ๐ข๐๐ง๐ญ ๐๐ง๐ ๐๐ฎ๐ข๐ฅ๐ ๐๐จ๐ง๐ -๐๐๐ซ๐ฆ ๐๐๐ฅ๐๐ญ๐ข๐จ๐ง๐ฌ๐ก๐ข๐ฉ๐ฌ
The key with retained search firms is the long game. You might not be the right fit for a role today, but you could be top of mind for the next search. Focus on meaningful relationships, not just transactional ones.
The right relationships can open doors you didnโt know existed.
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