Top private equity firms in Denver, CO
Top CFO executive search firm in Denver, Colorado? In response to the recent COVID-19 pandemic, experts expect nearly 50 million new candidates to flood the market. For the first time in years, we’re seeing a shift from a so-called “candidate’s market” to an “employer’s market,” with a greater number of potential employees than there are open jobs. Many organizations and hiring managers are taking this time to rest on their laurels, assuming that candidates will come to them.
The unpredictable nature of the pandemic has sidelined most companies’ long-term business plans. And while companies will always need to remain true to their mission, vision and purpose as their North Star, I firmly believe that leaders who focus on short-term results right now will be well positioned for long-term success. Because, ultimately, success begets success. Although I agree with Peter Drucker’s saying that “culture eats strategy for breakfast,” SMBs cannot afford to completely do away with strategic planning right now. Keep an eye trained on the big picture, but today’s “priority playbook” has to start with what’s right in front of you. Putting in place priorities to control costs, nurture customers, care for your employees and protect your culture are the best plans for helping SMBs not just survive this pandemic but also prepare for greater future success.
Private Equity firms entrust Spectrum with hiring their senior most important leaders who will shape and determine the future success of their portfolio companies. We have successfully guided our Clients through hundreds of these processes. Selecting the right candidate accelerates the timetable for achieving the goals of your investment thesis, enhances valuations, and ultimately leads to a very successful exit. Many of these firms utilize us throughout their entire portfolio due to our process, persistence, and thoroughness. As a trusted partner, Spectrum has completed every search we’ve been hired to perform – a track record we are very proud of. If we have to engage with several hundred candidates to find your next leader, we will. See more info at executive recruitment partners.
Every existing and prospective Spectrum Client is unique, with different needs, challenges, priorities, and corporate cultures. Spectrum appreciates this and will invest considerable time getting to know your business intimately. Should we work together, our goal is to be able to represent your brand as effectively as you do. This discovery process also enables us to develop a compelling value proposition to take to the marketplace, as 95% of the candidates we reach out to are gainfully employed and are not actively seeking new opportunities. The competition for top notch talent today is as fierce as its ever been so it is vital that we make the strongest initial impression possible.
Assess how each candidate’s work arrangement should be structured. Could it be a contract role to allow more flexibility than is possible with a fulltime hire? Consider structuring hires to minimize unemployment and outplacement costs in the present climate of uncertainty. Implement low-cost, minimal-effort, yet high-impact employee retention and mental health practices. Everyone knows we are in an unprecedented time and companies are making some things up as they go along. But keeping new and current employees involved and part of the plan will foster a climate of “we’re all in this together,” where the company’s next great idea can come from any employee that wants to contribute. Scared, resentful employees don’t often want to offer ideas.
Luke joined Spectrum Search Partners as a Recruiting Director in 2018. He brings over a decade of search industry experience, with considerable expertise in cybersecurity, healthcare, and technology. He’s acquired hands-on external and internal recruiting experience having worked in retained, contingent, and corporate search environments, where he filled executive and leadership roles in the following functional areas: Accounting and Finance, IT, Sales and Marketing, and Supply Chain. After graduating college from the University of Missouri with Bachelor’s degree in Psychology, Luke joined an IT Staffing firm headquartered in St. Louis (his hometown) named Technology Partners, where he cut his teeth in the contingent search world. He then transitioned to DHR International, the 5th largest Retained Executive Search Firm in the United States, where he supported an array of Fortune 500 and privately-held companies. A promotion at DHR brought him to Denver, where he eventually started his own retained search firm named Kaleo, where he focused on the digital healthcare domain. Luke’s entrepreneurial DNA allows him to relate very easily to Spectrum’s customer base. Find extra information at http://www.spectrumsearchpartners.com/.