"The art of hiring and keeping a Successful Executive"
As we all know, the last eighteen months have been extremely difficult times within which to make profitable investments in the Technology and Telecommunications sectors. As an Executive Search firm that has specialized in those sectors, we had to rethink and retool our focus in these emerging business areas. In conversations with many of our clients, we have discovered the most prevalent and constant problem, that the hiring of Senior Level Management has had a very low success rate. To enable these individuals to reach both theirs and the investor's goals, we decided to offer our clients a new service and embellish on the services we have provided for the past 33 years.
We have seen this as a breakdown in coordination between the Executive Search Firm and the hiring Company to adequately understand and address often-conflicting priorities challenging the new executive. With our new service, we believe we can more closely keep in touch with these individuals and help assure their success in acclimating into this new environment.
We call this very special service "Assimilation and Retention Management". With this service, we offer the individual(s) an outside resource to address their questions and concerns. The problem has been a lack of a coordinated effort to manage the process of assimilating the incoming executive into the Company during the first critical 6 months of employment. It is imperative to create an alliance between the new employee, senior management and the board to insure a successful transition. This technique will enable us to make this a "win-win" situation for all parties.
Having provided this service for the past 33 years, we have been able to differentiate our services as an Executive Search Firm in that the success rate of our candidates far exceeds the industry average. Over 80% of all of the individuals hired through our efforts have been promoted in less than 2 years; and our placements average in excess of 4 years of service to our client companies. This is the major reason that P.R.H. Management has client relationships that have lasted since 1969.
As this period of time is certainly challenging for all companies, the fact that P.R.H. Management has specialized in the recruitment of executive level positions within the Technology, Telecommunications, and Emerging Business Industries for over 30 years makes our services invaluable. We have a comprehensive and thorough knowledge of these industries thus enabling us to provide you and your employees a unique insight into the current employment marketplace. We would be honored to discuss how you could utilize this additional service for your employees or key executives.
When you engage P.R.H. Management, Inc. on a retained search you will receive our unique service of "Assimilation and Retention Management" at no additional charge. If you choose this as a stand-alone service we will be pleased to discuss our fee structure with you.
We offer both our clients and candidates a greater opportunity to successfully transition into their new working environment by:
- Providing a constructive and safe environment for the new employee to explore issues and concerns.
- Identifying the specific behaviors that need modifying, the skills that need developing or the external factors to be resolved that are impeding the new employee's peak performance.
- Establishing a road map for self-development.
- Tying specific behavioral and skill improvements to strategic business objectives.
- Promoting more effective relationships among management teams.
- Helping to manage the stress associated with a new position.
Sincerely,
P.R.H. Management, Inc.
Peter R. Hendelman, C.P.C.
President and CEO