The Boland Group:
Resources and Best Practices
For Executives In Career Transition
Ann Boland was quoted in an article on
Negotiating the Salary Minefield by the
First, make a crucial decision: When should you work with recruiters?
(And when is it best to apply directly?)
Our -- somewhat controversial -- advice, the
"Three Magic Bullets",
suggests that there are key factors in deciding when you should "fly solo"
and when you should leverage recruiters was recently highlighted in an
If it makes sense to work with recruiters, consider the differences between retained versus contingent search firms.
Before choosing between firms or engaging a firm to conduct a particular search, review some of the
key questions.
you may want to ask.
One of the questions we're asked most often is "Should I post my resume on a job board?"
Read this article on how to best leverage the Internet for your job search.
There are some helpful books for execs in transition. "Rites of Passage" by John Lucht. This is arguably the best resource available to help executives
who are contemplating a career transition understand 1) how various recruiters work and 2) how to leverage the process
for their own benefit. "Rites" is available
at RiteSite.com, Amazon.com and Half.com. Another book -- exploring the impact of executive search on companies and careers --
came out recently. Authored by Joe McCool, BusinessWeek online columnist and
ExecuNet senior editor, the occasionally controversial insights
in “Deciding Who Leads” range from the obvious to subtle.
One of the best ways to get your resume in front of the right executive recruiter
is to identify those who specialize in your industry or function, using resources such as Kennedy Information Group's "Executive Agent" service.
We find that we receive fairly targeted resumes from this source; to learn more about this option,
go to their ExecAgent.com website. But avoid using the mass mailing feature.
Instead, contact only those recruiters who specialize
in your "sweet spot" and tailor your cover email to address the recruiter by name
and the subject line appropriately, e.g. "Resume of VP level enterprise software sales exec"
or "CFO with successful IPO experience in healthcare - resume attached".
For the larger retained firms,
look up the appropriate practice leader for your relevant industry or functional expertise on the firm's website.
While their relative rankings and names may change, we've found that the top 24 retained firms
remains fairly constant.
Keep in mind that the geographic office managing partner may NOT be the best person to approach. You only want to send your resume to someone who will have a vested interest in making your background known to others
within the firm. Otherwise, you might inadvertently take yourself "off the market" from the perspective of hundreds of
search consultants around the world, because your profile is in the "custody" of one recruiter who may not even have an opportunity that
is a good fit for you (yet).
In tough economic times, it can be hard to deal with the "deafening silence" you encounter after sending
your carefully crafted email cover letter and resume in response to an advertisement.
You are not alone. Many companies are "interviewing, but not hiring",
even in the information intensive industries in which we specialize.
But this trend is starting to correct itself, and we're seeing much more pro-active interviewing, offers being extended
(and accepted) and employers hiring. So keep your chin up and your eye on the ball.
Has it been a while since you've been on an interview? A recent article on CFO.com advises that executives need to be prepared to explain key career accomplishments in a
behavioral interview.
Our experience has been that everyone can benefit by reviewing our "Interviewing Dos and Don'ts" and our updated
"Interview Preparation Guidelines".
A good way to approach the First Interview is to stay focused on
earning the option of taking the next step. By preparing in advance, you will achieve your objective of "Interviewing - Improving Your Odds." and
"Your Goal is a Second Date".
Check out some advice from
Most successful professionals are busy with their 'day jobs' -- not particularly
familiar with how executive search works -- and sometimes frustrated by 'unresponsive recruiters'.
We can help de-mystify some of search rhetoric; for example:
To help you assess when to work with different types of recruiters, we developed
"Differences Between Retained and Contingent Search."
We've compiled a number of resources to provide insight into how to leverage the
search process on your behalf. Posted here are two articles
"How to Capture A Recruiter's Attention" By Valerie Patterson and
"Making Headhunters Work For You" By By Garth McCardle of WetFeet.com.
Do you wonder why recruiters don't acknowledge receiving your resume? We offer some
insights and some specific
suggestions to improve your chances of being contacted.
See also, how to make the most of an unexpected exit, e.g. "Negotiating a Fair
Severance Package" by Paul H. Tobias and Susan Sauter of the National Business Employment Weekly.
Relocation and Home Buying and COL comparisons: Relocation for a new job can be one of the most challenging –
and rewarding -- career decisions you make. We’ve found two websites that (do not currently charge a fee)
which are particularly valuable during the due diligence process. The Wall Street Journal’s
RealEstateJournal.com includes recent sales prices for properties
in various areas, as well as local demographics (e.g. per capita income) and national mortgage rates.
HomeFair.com has a very valuable calculator tool that allows you to compare the cost of living of the city in which you’re currently living to the target city, as well as information on local schools, crime rate and the community. Both of these sites can help you make an apples to apples comparisons when weighing a few of the quantitative pros and cons of a potential relocation.
.
Another resource that may be of use in the closing stages of a new job negotiation, is:
How to Negotiate a Salary by Alex Markels of the
.
column.
"Surviving The Interview" and
"Preparing for the Interview"
As a retained executive search firm, we treat all
information provided by current and prospective clients and candidates in strictest confidence.
No information you provide will be shared without your prior, explicit consent.
Copyright 2000 - 2010 The Boland Group (Mission Critical Recruiting™): All rights reserved.