Clients get the best results from search firms when the relationship is a partnership of peers, not a vendor transaction. A great recruiter pushes back on a hiring manager's flawed assumptions or resume biases, bringing candidates to the table that might otherwise be overlooked.
When evaluating senior candidates, don't view a failed entrepreneurial venture as a negative. It often indicates valuable traits like risk-tolerance, scrappiness, and resilience. These leaders have learned hard lessons on someone else's dime, making them potentially more effective in a new organization.
When hiring for the C-suite, the importance of domain expertise varies by role. For Chief Product Officers, a deep passion and knowledge of the problem space is critical for setting vision. For engineering leaders (CTOs/VPs), specific domain experience is less important than relevant tech stack knowledge and transformation skills.
Previous technology shifts like mobile or client-server were often pushed by technologists onto a hesitant market. In contrast, the current AI trend is being pulled by customers who are actively demanding AI features in their products, creating unprecedented pressure on companies to integrate them quickly.
Technical executives often fail in interviews with PE firms because they can't articulate the business value of their work. Candidates must prepare to speak like they're in a board meeting, clearly connecting their initiatives to measurable outcomes like cost savings, revenue lift, or efficiency gains.
Companies mistakenly try to hire one person for both applying AI in products and building the underlying AI infrastructure. These are two distinct roles requiring different skill sets. A VP of Engineering leverages existing AI for efficiency, while a Head of AI builds the core platforms for the company.
The narrative for attracting top executives is shifting. Many now see PE-backed companies as a "safe harbor." They offer a higher probability of a successful (though smaller) financial exit in a defined timeframe, which is increasingly appealing compared to the "shoot the moon" lottery ticket of a venture-backed company.
Talent partners often default to asking, "How many searches have you done exactly like this one?" This is the wrong question. A better measure of a search firm's value is their ability to navigate a difficult, ambiguous search and find the right candidate, demonstrating true hunting and problem-solving skills.