July 25, 2024
When it comes to hiring top executives, making the right choice can mean the difference between success and failure. Numerous well-documented studies reveal that between 50-70% of executives fail within their first 18 months in the role. This highlights how critical it is to make the right executive-level hire during times of change.
In the past, your company might have handled executive recruitment internally, relied on your network, posted online ads, or used a contingency recruitment agency. However, mistakes often occur, and a poor choice for a key position can have significant negative impacts. This can lead to costly and time-consuming recovery efforts. This is where a retained executive search firm is beneficial.
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