Client Overview
A UK based executive search firm specialising in financial services typically working on assignments from leading international financial services clients.
The Challenge at Hand
Despite their internal research efforts, the search firm and hiring firm had lingering doubts: did they truly identify the best candidates?
Concerned the existing candidate pool may have been inadequate and with their commitment to finding the right candidate, the search firm needed to explore every potential avenue and refine their research.
Tailored Strategy
The search firm reached out to Kellie at Complement for some on demand mapping support. With advanced research skills and wide industry connections, Kellie used a blend of in depth research methods and focused sourcing strategies to significantly boost the candidate map.
After a comprehensive analysis, the potential candidate numbers were increased by 60%. This broadened talent pool included individuals who were seldom approached for new opportunities and strategic outreach further reduced contact fatigue to significantly improve engagement rates.
Outcomes
Broadened Candidate Pool: The addition of 60% more candidates provided a vastly wider selection for the executive search and hiring firm. This not only increased the number of options but also brought fresh perspectives into the search process.
Successful Partnership: The financial services firm successfully hired an outstanding candidate from this enhanced talent pool. This helped to validate the search firms' research capabilities and also demonstrated the value of executive search in identifying hidden talent that can yield significant results.
Strengthened Industry Connections: The increased outreach and engagement resulted in valuable industry relationships. New referrals and contacts were gained broadening the firm's network.
Additional Business: Impressed with the results, the financial services firm quickly placed a new brief with the search firm and discussed additional services such as talent pipelining.
Author - Kellie Dodds | Over 20 years working with global companies.
After moving on from senior commercial roles, Kellie now shares her expertise with small businesses, helping them save time, reduce costs, and boost efficiency with on-demand, multi-disciplinary business support.
If you need ad-hoc support to boost your candidate mapping please get in touch for a pressure free chat.