Who
will conduct the search?
A task-organized team, headed by an M&F Partner,
handles each search. Team assignments are based on expertise
and knowledge, relative to the client's requirements.
The identity and role of all team members are fully
disclosed at the beginning of each search.
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How
many searches does each Partner handle at one time?
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How
long will the search take?
The Briefing & Research Phase
is usually complete within three to four weeks. The
Candidate Development Phase is usually complete within
six to eight weeks. Past that point, a wide range of
factors impact the time that will be required to bring
the search to conclusion. Chief among these is availability
of candidates and client executives for interviews.
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What
causes searches to become protracted?
Searches become protracted for a
number of reasons, such as a limited pool of candidates,
competitiveness of the compensation package, geographic
factors, client image and reputation, etc. However,
the most common reason is the difficulty of scheduling
interviews. Client executives involved in the selection
process often have very little flexibility or time available
within a four to six week window. When there are multiple
rounds of interviews, this can be a significant issue.
The best candidates, who are often actively employed
and committed to their current organization, have similar
scheduling constraints. This problem can be minimized
by pre-scheduling blocks of time when client executives
will set aside time for interviews.
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How
does M&F ensure the search stays on track and is completed
in a reasonable time frame?
What
is the research goal?
What
are the advantages of M&F's internal research capabilities?
A tenured, professional research
team works closely with M&F Partners on each search.
These individuals have first hand knowledge of the client
and search objectives. This provides our clients a brainstorming
and problem solving resource that can develop unique
search solutions. By contrast, subcontracted research
is conducted by third parties with limited knowledge
of the client's requirements whose methods are not monitored
for quality or relevance.
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What
are the implications of conducting a search on a narrowly
focused regional basis?
Conducting a narrowly focused regional
search is a common reaction to the cost and difficulty
of relocation. This may result in sub-standard candidates
if the pool of local candidates is limited. Conducting
the search on a broader geographic basis allows access
to more top talent. In most cases, the additional cost
of conducting research and candidate development on
a national versus local basis will be minimal. It is
not uncommon to find out-of-area candidates whose relocation
requirements are minimal, due to a personal desire to
move to the client's geographic area.
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