It is better to follow the structured approach that helps in selecting the perfect Senior Executive for the Company.
It is very much important to understand the way the Board Directors wish to carry the business proceedings over the coming years and the requisite skills that are represented in the present management team. It is very essential to understand and be equipped with the proper resources that can improve the growth. These are easy to be defined in the macro level where the new executive will have ample scope to fill in the details later.
The other important function is to develop the job description in consideration of the personal traits and the attributes which help in accomplishing the future goals for the next couple of years. The specific attributes and the personal traits are important criteria which are more important than education, experience, brand, and popularity. The senior executive should be able to manage all their priorities with their interim depth and skills.
The job descriptions should be circulated to obtain the proper inputs and good comments from the Board and especially from other top executives who are going to work with the senior executive.
It is better to decide on the interview process and determine the exact quality and experience that is required from the candidates who apply for the post of the executive director. The Board and the network of the people should be leveraged so that the candidates that are selected have enough experience to be able to perform well.
The feelings of the team about the candidate who applies for the executive director should be reviewed. The senior executive who makes the final decision of hiring the candidate should be able to coordinate the meeting and review process which helps them to focus on the prime elements that are required to make a successful position.
The important factor in selecting the right candidate is to choose from a good network of in-house employees rather than spending on advertisements. It is beneficial to search for the executive recruiters and conduct the searches on the non disclosure agreements, home interviews, and other convenient techniques.
The interview process should be continued until the strongest candidates are selected. The selection time span should be limited as there are chances of losing the best candidates.
It is advisable to check the references which will be able to determine the strengths and drawbacks of the candidate which will help to decide how they perform or manage in the future. The referrals can provide the selection of the ideal candidate who has the experience and the perception to control the organization.
It is also important to take time to negotiate the salary package for the candidate. The best candidates will always hope for the best packages as they realize their worthiness in the marketplace. It is advisable to offer a fair package which corresponds with the market value in order to obtain the right candidate.
