The Eight Step Process To Finding The Next President

Posted on Wednesday, May 14th, 2014

You may be wondering, “What does an executive search firm do, and how are they assisting with the College’s search for the next President?” Below, Boyden Global Executive Search breaks down their search process. You can also learn about the process the Presidential Search Committee is undertaking in the search for the next President here.

1 – Defining the position and understanding its environment

This process is essential to the success of the assignment, as it enables Boyden to plan their research with a thorough understanding of
(1) the organization’s structure, objectives, philosophy and competitors.
(2) the position ­‐ its overall mission and specific responsibilities,
(3) the candidate profile and expected compensation.

This information is summarized in a position description document approved by the client and presented to potential interested candidates.

2 – Identification of target companies, and market intelligence

By internal and external survey, Boyden determines which persons qualify for the position concerned.

3 – Interviews and assessment of candidates

After a number of possible candidates have been identified, Boyden interviews them in order to find out whether the candidates meet the requirements of the position. The Client receives regular progress reports.

4 – Presentation of selected candidates to the client

Boyden will prepare a Confidential Candidate Report on the candidates, who are eventually brought into contact with the Client. This Report concerns personal and professional information on the candidate, as well as an evaluation of the candidate for the particular position.

5 – Assistance with the final selection of candidates

Boyden will introduce the client to the candidates selected during the previous phase and assist in the interview stage as well as in the final negotiation with the one chosen. The Client is of course responsible for the final choice of a candidate.

6 – Reference checking

Boyden takes detailed professional references on the career and personality of the final candidates.

7 – Follow up on the candidate’s integration during the initial two months

Once an agreement has been reached with the selected candidate, Boyden assists in his/her departure and transition to his/her new company.

8 – Follow-up process

A few weeks after the search has been completed, Boyden contacts all parties involved in the search process. After six to twelve months, the hired candidate and the Client are interviewed.

 


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