Professional executive search 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.
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.
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. See even more details on retained executive search Denver.
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.
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.
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 extra info at http://www.spectrumsearchpartners.com/.