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What Should CEOs Consider When Facing a Shortage of Talent?

March 29, 2022
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Services Retained Executive Search Five-Star Executive Recruitment

Five-Star Executive Recruitment

With executive recruitment, the more sophisticated the need, the higher the cost of failure. The more rigorous the engagement process, the lower the risk of failure.

There are two inescapable laws of executive recruitment

  • The more sophisticated the need, the higher the cost of failure
  • The more rigorous the engagement process, the lower the risk of failure

Cornerstone International Group is one of the world's leading organizations specializing in Retained Executive Search.

Our 56 offices form a powerful, high quality, and “actively interactive” network of owner-managed firms. It means that wherever you are, you get a powerful recruiting package delivered to consistently high standards by an experienced search professional who is likely the leader in his or her market.

Global reach with local expertise and personal service.

Our basic search model is a five-step program called Five-Star Executive Search.  We do everything possible to minimize risk, time and cost, and ensure the optimum results for each individual client.

1.) Definition

The first component of the executive recruitment program delivers a detailed diagnosis, plan, and position specification so that everyone fully understands an agreed definition of the task or tasks. An experienced Cornerstone consultant heads up a team that will develop a thorough understanding of your business, your needs, and your culture.

2.) Research

In the second component, we undertake the appropriate search and sourcing of talent. Depending upon the location and functional segment, many of our offices maintain current databases of pre-researched candidates. We also maintain contacts with passive candidates who are currently working but may be interested in your opportunity. In this phase, we also research perceptions of you as an employer so we can evaluate the candidate’s potential fit with your organizational culture.

3.) Recruiting

Based on the job specification developed with the client, we interview and pre-screen every qualified candidate prior to presenting the candidate for the client interview.

Depending upon your needs, there may not be a sufficient pool of available talent locally or even nationally, requiring a global search. You can rely on our network and experience with offshore sourcing whether for domestic or offshore positions.

4.) Selection

All candidates at this stage have been fully vetted and those meeting the agreed definition plus an indication of the cultural fit are identified (long list), saving the client hundreds of hours of effort. The preferred candidates (short list) are presented for the client interview. The interview format is agreed, references are checked and our psychometric assessment of each candidate, if made, is offered.

5.) Hire

The fifth and final stage includes, if requested, negotiations on the client’s behalf, drafting of an offer letter, and post-hire follow-up. In the event of an offshore hire, our local firm will contribute knowledge with regard to jurisdictional norms and regulations.

Each year, our search professionals successfully recruit hundreds of senior management candidates for positions from CEO and Board of Directors on down. We know that successful companies are seldom the work of one person but of an ambitious, motivated team and we are proud to have helped build many top executive teams around the world.

Complementary services include Executive Coaching and Onboarding, both carefully structured to have the new hire contributing as quickly as possible.

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