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Condor Enterprises
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TOP TEN TIPS FOR
HIRING A SENIOR EXECUTIVE
By Bob Norton |
The C-Level Advisor is going to a twice a month frequency. We will now
have one article per issue, instead of once per month with two.
Expect to continue to receive valuable content and ideas. |
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BOLD RED For
Key Ideas
Essential
Resources For CEOs and Entrepreneurs at Startup and Emerging
Growth Companies
"If I had six hours to chop down a tree I'd spend the first four
sharpening the axe."
-- Abraham Lincoln
Consulting Services:
- Consulting CEO
- Advisor
&
Mentor to CEOs,
Investors and Boards
-
Vision
Development & Tune-ups
- Strategy & Business Plans
- Interim Management
- Product Development and Extension
- Financing and Venture Capital
- Market and Product Positioning
-
Flat Rate
Projects
Contact
C-Level Enterprises
at
(508) 381-1450 or email:
Bob@CLevelEnterprises.com
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There is no
more important decision than choosing the people at the top of your
organization. After all, they will hire or approve everyone else
in the company, set the tone for values and make virtually all key decisions
that will mean success or failure every business day.
A structured
approach to hiring that includes all of the following items must ALWAYS be
followed for any senior level hire (VP and above), where the cost of a
mistake can often be a six-figure sum.
-
Understand the direction in which the Board of Directors wants
to take the company over the
next few years and how the requisite skills are represented or
missing on the current management team. Understand and be
prepared to provide the necessary resources for growth. These
are not difficult to define at the macro level and the new
executive will certainly fill in the details later. Consider
the possibility of hiring a consultant to do a "quick and
dirty" job on this to get it in the right ball park. This
will be money well spent as it will define who you will want
to recruit and without it you are basically shooting dice.
-
Develop a detailed job description, with specific attributes
and personality traits, which will help the company to
accomplish its goals over the next few years.
If you do not a have complete vision/plan then you need to
seriously consider an interim executive to develop one, taking
into consideration the current management team's depth and
skills. Specific personality traits and success at specific
functions are the most important criteria, not education, name
brand company experience, or popularity. Staying on track
with these priorities is difficult and must be managed by the
most senior person available.
To finish
this article click here
and begin reading at #3.
Product Showcase
The Startup Manual
Learn new ways to
design, launch, hire, and
manage your startup for rapid growth. This 267
page binder and CD
will show you the proven
methods that will take
you from the raw idea stage to
a significant company.
Other Articles On Hiring The Best:
-
Top Ten Hiring Tips (For All Employees)
-
Thoughts Using Interim
Management
-
Getting
Value From Consultants
Bob
Norton is CEO of C-Level Enterprises, which provides expertise
on rapid growth, mentoring, and coaching via Seminars, 1:1
Consulting and ebooks coming in March. He has been a full-time CEO since
1989 and now works with companies to develop and refine visions,
maximize performance, and design businesses for
strategic advantage. He can be reached at
Bob@CLevelEnterprises.com.
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Testimonial On
Our
Vision Article And Approach:
"I must congratulate you
on your excellent article "11 Requirements of a Successful Vision".
I am a CEO of a midsized company with an MBA in marketing. So far,
I have not come across so much clarity in any other article on
"Corporate Vision. . . . Thank you once again for publishing a
master piece."
Uday s Desai, CEO, Suprawin Technologies Ltd
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Thanks
for all the encouragement and support. Send Feedback To:
Bob@CLevelEnterprises.com
Articles On
Running Early-Stage Companies:
-
Top 10
Rules For Startup Success
-
The
Perfect Startup Model - A Metaphor for Success
-
Startup Versus
Big Company - A Comparison of Operations Modes
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