BEST Executive Search

Executive Recruiting the BEST Way

In today’s global marketplace, companies worldwide are competing like never before to attract the best executive talent without boundaries.

Investing in top executives is the most critical decision for any business. At BEST Human Capital and Advisory, we have experienced countless times that a company is only as good as those who lead it. As an extension of your management team, BEST will identify and deliver executives who will make a positive and proactive impact on your organization.

Finding the BEST professionals for your company and proactively aligning your human capital strategies has become intensely challenging. As Baby Boomers exit their professional careers, the historic retirement cliff has developed a shortage of qualified candidates to fill leadership positions and provide expertise. Technological advances are also occurring at increasingly fast rates. With these challenges and more directly affecting human capital initiatives, BEST delivers strategic support to clients in the following industries.

The Benefits of Using Retained Executive Search

When organizations consider engaging an outside firm to assist with placing new executive talent, they typically decide between retained executive search and contingency recruiting. There are distinct advantages in utilizing a retained executive search firm.

A retained executive search firm is engaged in every aspect of the search process, starting with defining a tailor-made search strategy through candidate onboarding. Retained executive search firms often continue consultation and follow-up months after the hire, since their success is based on the impact and long-term commitment of the executive hired.

Retained Executive Search firms search exclusively – no other recruitment agencies will take part – so that it will be very client-focused with a full investment of resources to find the right candidate. Retained search firms work very closely with each client, and will take their time and use an agreed-upon methodology to find the best person for the job. The process is rigorous with a shortlist from 4 to 6 quality prospects developed after an exhaustive national sourcing process, beginning with upwards of 300 initial targets.

While retained search appears expensive, it provides a much better ROI in the long run. On average, a retained placement ends up being a better fit in their position and ultimately stays in the role longer than any other type of recruiting scenario. Companies will most often request a retained search when they are looking to fill an executive-level position or when all other less expensive – and ineffective – candidate search options have been exhausted.

It is also important to note that, on average, 75% of professionals are passive candidates who may be open to switching jobs but are not actively looking. Only about 25% of the total workforce is actively looking for a new career opportunity at any given time. Most forms of recruiting are searching within that smaller pool of candidates. However, as a retained search firm, we aggressively seek the ideal candidate for the role and utilize our skills, abilities, and methodologies to identify candidates in the much larger 75% passive pool that may not be looking but are open to the idea.

A report conducted by the AESC, a professional association representing retained executive search consulting firms worldwide, shows that the executive search profession is in high demand and increasing every year. The AESC State of the Retained Executive Search Industry report states, “in recent years, demand for high-level executive search has remained resilient, and demand is roughly back to the all-time peak of 2008.” While statistics on the industry are hard to assemble because of its very fragmented nature, estimates suggest that, at its peak, the search profession worldwide generated over $12 billion in revenues.”

Why BEST?

BEST is about identifying the tailored human capital support your organization may require today with an eye on tomorrow…

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BEST Practice Areas

BEST provides clients with comprehensive and targeted expertise to complete each search successfully. BEST’s targeted industries are…

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    BEST Human Capital & Advisory Group is a retained executive search and business advisory/consulting firm that specializes in small-to-medium sized companies, with an emphasis in the horticultural, hydroponics/cannabis, consumer products, crisis management and business restructuring categories. BEST serves companies nationwide and globally in an active and evolving market. Through a well-connected network of colleagues and a sophisticated predictive behavioral screening system (that we call “BEST Behaviors”), BEST drives our client’s growth and success through a focused and consultative approach.

    ADDRESS

    5809 N. Post Rd.
    Indianapolis, IN 46216

    PHONE

    1-317-757-3888

    EMAIL

    info@bhcagroup.com