There is little doubt that the expectations and demands of Boards and HR Directors have changed considerably. A greater level of transparency and collaboration with their trusted search partners has become a requirement rather than simply being desired. They want to know how their talent stacks up against the competition, they want an innovative solution, not a predictable, recycled list of candidates.
This recent Marlin Hawk article suggests that traditional executive search processes could be a thing of the past. Offer your clients agility and a search process that delivers added value or run the risk of falling behind your more nimble, forward thinking competitors.
The world of executive search is big on talk but short on innovation. Many firms still cling to tired practices, mining databases to identify candidates and presenting clients with predictable short lists.