iCresset Talent Solutions | Millennial Leadership. Sharpened.
A strong leader in one industry is not automatically a strong leader in another, and a search firm that understands one sector is not automatically equipped to search in another. Leadership roles are shaped by the regulations, economics, talent pools and cultures of the industries they sit in. When a search ignores these realities, the result is often a polished shortlist of candidates who look right but do not fit. Industry-specific expertise is what turns a generic search into a precise one.…
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A wrong leadership hire is one of the costliest mistakes an organisation can make. Beyond the direct expense of compensation, search fees and severance, there are the harder-to-measure losses: stalled strategy, lost talent, damaged morale and months of lost momentum while the organisation recovers. Industry estimates commonly put the cost of a failed senior hire at a multiple of annual compensation. The good news is that most leadership mis-hires are preventable. They usually trace back to a han…
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Most organisations only think seriously about leadership succession when a senior role falls vacant. By then, options are limited: the search is rushed, the business is exposed and the pool of candidates is whatever happens to be available. A leadership talent pipeline reverses this. It is a deliberate, ongoing system for identifying, developing and preparing future leaders, so that when a critical role opens, the organisation already knows who is ready, who is nearly ready and where it needs to…
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When a company needs to hire, one of the first decisions is how to engage an external partner. The two dominant models, retained executive search and contingency recruitment, look similar from a distance, since both involve an outside firm finding candidates. In practice they differ sharply in commitment, process, incentives and outcomes. Choosing the wrong model for the role is a common and expensive mistake, particularly in India's competitive leadership market.
What is contingency recruitme…
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A leadership hire is one of the most consequential decisions a company makes. A wrong CXO or business-head hire can cost a year of momentum, unsettle a team and run into multiples of the person's annual compensation. In India, where the talent market is large, fast-moving and highly relationship-driven, the search partner you pick shapes the quality of the shortlist you see. Here is a practical framework for choosing well.
1. Start with clarity on your own need
Before you speak to any firm, b…
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Every organization is only as strong as the people who lead it. Executive search, often called headhunting, is the specialized practice of identifying, assessing, and appointing senior leaders such as CEOs, CFOs, COOs, CHROs, business heads, and board members. Unlike advertised or contingency recruitment, executive search is typically retained: a firm is engaged exclusively, paid in milestones, and held accountable for a defined search process. The people it approaches are usually not looking fo…
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