Methods for Finding a CEO

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maksudasm
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Joined: Thu Jan 02, 2025 7:11 am

Methods for Finding a CEO

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The approval of the job description is carried out by the owners of the enterprise. This refers to the general meeting of founders, the board of directors or the sole founder. Upon taking office, the general director signs the instruction.

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Sample Job Description for a CEO

Methods for Finding a CEO
Let's look at popular channels for finding a CEO.

Within the organization

Consider your company's internal human resources. Current employees have knowledge of the market and business processes. Promoting full-time employees to new positions helps increase their loyalty.

Rotation of personnel within the company is an effective method of finding candidates. An employee who is already familiar with the business can achieve results faster than a new employee. Without promoting a competent specialist, you risk losing him. It is necessary to regularly assess the potential of subordinates in order not only to reveal their capabilities, but also to save resources that are usually required when hiring new employees.

On the recommendations of others

Ask your friends and colleagues for advice. They may know suitable candidates.

A specialist can be found in the most unexpected place. For example, in a gym or in an educational institution where you previously studied.

On social networks

Post a job posting on social media or search for open postings using hashtags. It's also worth checking out industry telegram channels.

Notifications in telegram

Source: shutterstock.com

For example, you can post a vacancy in the official Vkontakte public. Publications on the Internet usually quickly attract attention and allow you to find the right person.

On recruiting sites and through an HR specialist

This method is effective if you are ready to allocate a budget for the services of a recruiter or pay for posting a vacancy on specialized resources.

Start looking for a specialist outside the organization only after a thorough analysis of internal candidates. Some company owners have a biased opinion about job seekers in the labor market, considering them less competent. Such employers conduct numerous tests and interviews, trying to reduce the risk of hiring an unqualified employee. However, in reality, the labor market is overflowing with professionals who can successfully perform the duties of the CEO of the organization.

Passive search method

In this case, the employer creates conditions under which he does not need to search for a CEO on his own. To do this, you need to develop your brand, be active in social networks and take part in specialized events (for example, in industry conferences). This will attract the attention of candidates to your organization.

You can also launch a referral program among your staff. Offer employees a cash reward for recommending a competent specialist. This approach is more cost-effective than involving HR.

Hunting

Have you tried all of the above methods but still can't find the right specialist? Consider searching among competitors. Often, ideal candidates are already working for business rivals. However, to successfully poach such an employee, you may need the help of an HR specialist.

Where to look for a CEO

Source: shutterstock.com

In some industries (for example, in construction), this method is not applicable. Large developers in Moscow enter into agreements with each other that prohibit the poaching of personnel. However, this agreement does not apply to cases where a candidate independently expresses interest in your company. For example, if he published his resume on the Internet, and you responded to it.

If a potential CEO is employed by another company, he or she may take a long time to consider your offer. Unlike regular employees, executives rarely tell their employers that they are being called to another company. Most likely, a person will try to find out from their bosses about plans for future business development, as well as assess the level of trust and the degree of delegation before making a final decision about the transition.

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