Building Connections: The Foundation of Successful Executive Search
Mastering In-house Executive Search
In executive recruitment, establishing and leveraging connections often determines success. It is important to invest the time to build genuine relationships and find common ground with potential candidates. Let's explore why connections matter and how to leverage them effectively.
The Power of Connections:
Mentioning a common employer boosts responses by 27%
Shared LinkedIn groups increase engagement by 21%
Interacting on social media before outreach doubles response rates
Key Strategies for Building and Leveraging Connections:
Highlight Mutual Connections
Before reaching out, thoroughly research the candidate's network. If you share connections, mention them in your outreach. This immediately establishes credibility and trust. LinkedIn data shows that referencing a former common employer in your first message increases response chances by 27%.Reference Shared Educational Backgrounds
An alma mater connection can be a powerful icebreaker. It provides common ground and can lead to more engaging conversations. Education commonalities show potential for developing a bond, even if college ended years ago.Engage with Their Content Before Reaching Out
Follow potential candidates on professional social media platforms. Like, comment, and share their posts genuinely. This warms up the relationship before your first direct contact. People are 2x more likely to respond if you interact with them on social media before sending the first outreach.Leverage Shared Professional Groups
If you're part of the same professional associations or LinkedIn groups, mention this in your outreach. It shows shared interests and similar professional circles. Mentioning groups you have in common can increase your chances of a response by 21%.
Remember, successful executive search is about building relationships, not just filling positions. By focusing on connections, you're laying the groundwork for meaningful, long-term professional relationships that can benefit your recruitment efforts for years to come.
Let's dive into more strategies and practical applications.
Use Your Company's Network
Check if anyone in your organization has connections with the candidate. A referral or mention from a mutual colleague can significantly increase your chances of a positive response. People who already follow your company are 81% more likely to send a note back.Attend Industry Events
Be present at conferences, seminars, and networking events in your industry (this can be in-person or virtual). These are excellent opportunities to make new connections and nurture existing ones. This interaction can set the stage for future outreach.Offer Value Before Asking for Anything
Share interesting articles, introduce them to useful contacts, or offer insights into industry trends, help them with their resume. This positions you as a valuable connection, not just someone looking to fill a role. Engaging with their content and providing value can double your chances of a response.
Practical Application:
Before your next outreach, spend time building your connection strategy:
Map out your existing network and how it overlaps with your target candidates
Develop a plan for engaging with potential candidates' content regularly
Create a system for tracking and nurturing your professional relationships over time
Avoiding Common Pitfalls:
Don't force connections where they don't exist. Authenticity is key.
Avoid overemphasizing connections at the expense of the candidate's qualifications.
Don't neglect to maintain relationships after a successful (or unsuccessful) placement. These connections can be valuable for future searches.
Remember to personalize your outreach. Data shows that personalized messages see close to 50% higher open rates, 22% higher replies, and hiring rates 43% above average. Combine different contact methods and be accommodating by offering your direct phone number, text number, and email to spare the back-and-forth.
By mastering the art of building and leveraging connections, you'll not only improve your immediate recruitment results but also develop a robust network that will support your executive search efforts in the long term.