Professional private equity firms 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.
But it can be difficult for leaders to decide what to prioritize, even in the short term. In my discussions with leaders of small and midsize businesses (SMBs) I’ve heard firsthand how they are facing a variety of new challenges from inventory and supply chain shortfalls to employee capacity, facility remediation, and PPE for employees. The following “Priorities Playbook” shares ways SMBs are successfully managing toward new, shorter-term goals by focusing on four key priorities.
Founded in 2009, Spectrum fills a critical void in the marketplace: delivering access to world class talent to entrepreneurial and middle market-sized businesses, many of whom are owned by Private Equity firms. We recruit C-Suite talent for Private Equity firms and Functional Leaders for their Executive Management teams. It takes a certain type of candidate to thrive inside of these less structured and dynamic portfolio companies requiring very hands-on leaders who are doers. Successfully recruiting accomplished A players who have this profile is our core competency. Spectrum has built its entire team and business model around mastering the persuasion and systematic evaluation of these A players who generate significant impact. Find more info on private equity search firms.
CEO’s and other Senior Executives rely upon Spectrum to build world class Leadership teams that enable them to successfully execute and fulfill their goals. These executives are hand-selected for their capacity to move at private equity speed and their ability to drive results. We recruit Functional Leaders and Subject Matter Experts who excel at revenue generation, general management, finance, innovation, and operational excellence roles.
So I think it’s time for companies and hiring managers to fully reassess their existing human resources and what business opportunities exist in this current climate in order to determine how hiring needs and processes — for both leaders and employees generally — need to adjust to remain competitive and consistent. Here are nine tips for executives looking to assess their hiring needs and adjust their hiring practices to address the new challenges. Prioritize hiring needs based on necessity, function, work arrangement, and location. Positions that can be moved to or are already set up as an at-home arrangement can be interviewed remotely and onboarded virtually should take precedence over other roles, once necessities and functional priorities have been determined.
Jay joined Spectrum at its inception in 2009, and established its recruiting function. He pioneered the Company’s ability to develop impactful, customized Recruiting strategies that successfully target highly desirable candidates who thrive in private equity-owned businesses. In his current role, in addition to leading the Recruiting team, he manages functional leadership assignments, C-level search assignments and client relationships. He has worked on several hundred searches during his tenure at Spectrum and has considerable knowledge within every core vertical we support. His deep expertise and insights in information technology, SaaS, and E-Commerce are tremendously valued by Spectrum’s clients. Jay’s passion for helping clients manage change in this rapidly evolving world enables Spectrum to remain a trusted advisor and a valued source for industry trends and best practices. Discover additional details at http://www.spectrumsearchpartners.com/.