Best executive recruiters in Denver? Hiring managers all across the country are swooping in and interviewing qualified candidates. No industry or company is immune to the economic turmoil caused by the novel Coronavirus. Because of this, many organizations have had to make the difficult decision to lay off otherwise brilliant employees, by no fault of their own. With such a large influx of new and highly skilled candidates to explore, those who are actively recruiting during this time have found some of the most valuable employees on the market.
Managing Costs. Many SMB leaders have been taking a careful look at their costs during the pandemic, and some were even surprised by areas of their business that had become bloated. Leaders can minimize surprises like those by more regularly assessing changing external and internal risks and opportunities brought about by the pandemic, and realigning their resources around those factors. By maintaining strong financial discipline, leaders can be better prepared for the unpredictable. When leaders operate a lean business, they free up resources to invest in innovation that can lead to new growth.
Leveraging more than 85 years combined executive search industry experience, Spectrum’s team has collectively made 1,350 placements. The majority of the work we do stems from 6 core verticals, though we are also proficient at working within industries that are either outside these core areas, emerging, or new to Private Equity. Regardless of the level of difficulty, we are built to adapt, execute, and perform at “Private Equity speed.” This resourcefulness has endeared us to Private Equity firms seeking to align with one go-to partner who truly understands their diverse needs. Read more information on retained executive search Denver.
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.
Since February, senior executives have increasingly been asking how the pandemic, and now the presumed recession, will affect hiring in 2020. The answer is that it will vary. In any time of economic distress, not every industry slows down. While some companies lay off people, others hire them. As every prior downturn has shown, there is opportunity in chaos, and not just the unethical sort. Of course, hiring, productivity, and retention will likely be more challenging in this time of pandemic and recession. At least for now, there’s a new normal. But even if hiring decreases overall, at most companies there will be pockets of ethical opportunity and business continuity that warrant hiring at certain levels. Again, there is ethical opportunity in chaos. It’s imperative to look for potential leaders as well as rank-and-file employees who have shown they can survive and thrive in uncertain times, and that holds true for current leaders as well. Hiring practices have to adjust accordingly.
Tom co-founded Spectrum Search Partners with Kevin Hahn in 2009. He leads the firm’s business development efforts, manages search assignments, and owns responsibility for several of its clients. He has spent the past 15 years in the human capital business, partnering with Kevin at two executive search firms (DHR International and Tri Worth Solutions), and serving as Chief Sales and Marketing Officer for FASTAFF, a leading travel nursing firm, whom he helped sell to private equity. His passion for helping small and middle market-sized companies grow and maximize their potential with exceptional talent is a big reason why Spectrum was started. See more details on http://www.spectrumsearchpartners.com/.