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What Are The Advantages Of Using An Executive Search Firm?

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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