CEO Executive Search Firm | Cowen Partners

      Chief Executive Officer Job Description

       

      Start your CEO job description with an introductory paragraph that gives the prospective CEO applicant a few details about your company and the working environment. This is your chance to set your company apart from the rest. Taking 2-3 sentences to shape your pitch to the ideal candidate means you’ll lure the best of the best.

      Example CEO Job Description: We are looking for an experienced Chief Executive Officer or CEO to supervise and control all strategic and business aspects of the company. You will be the first in command in the company and responsible for giving the proper strategic direction as well as creating a vision for success.

      To thrive as a CEO you must be a prudent manager and an inspiring leader. The ideal candidate will have a business mindset and will be able to see the “big picture” in a variety of settings. They will take actions to enhance the company’s cash flow while keeping the human factor in perspective.

      The goal is to drive the company’s development and guide it towards long-term success.

       

      Chief Executive Officer Job Responsibilities:

      • Creates an environment and culture that focuses on fulfilling the company’s mission, vision, and values.
      • Operational management of all business departments.
      • Develops business prospects by studying economic trends and revenue opportunities; projecting acquisition and expansion prospects; analyzing organization operations; identifying opportunities for improvement, cost reduction, and systems enhancement; and accumulating capital to fund expansion.
      • Ensures the company is staffed with well-trained, quality, and engaged employees at all times; works closely with the executive management team to develop effective hiring, training, and compensation plans to retain our quality talent; and leads and mentors staff, engaging and empowering them to be successful in serving customers.
      • Oversees financial performance and risk profile while ensuring that all of regulatory obligations are met; manages the design and implementation of new products and services; and oversees brand development and the implementation of effective marketing strategies.
      • Represents company at important business functions, community events, industry training and events, and networking opportunities.
      • Ensures quality metrics are achieved through sound business processes following regulatory agency guidelines.
      • Focuses on consensus building efforts and strategic planning.
      • Ensures the timely submission of month-end financial and operational reviews, contributes to the development of and participation in corporate-wide strategic planning efforts.
      • Monitors company performance by measuring and analyzing results, initiating corrective actions, and minimizing the impact of variances.
      • Increases revenues and income before inter-company allocations and implements operating cost controls in the areas of staffing, supplies, purchased services, etc.
      • Communicates circumstances and events of operations to officers, managers and other appropriate people to keep all apprised.
      • Effectively manages contract negotiations and statutory compliance.
      • Updates job knowledge by remaining aware of new regulations, participating in educational opportunities, reading professional publications, maintaining personal networks, and participating in professional organizations.

      Chief Executive Officer Qualifications / Skills:

      • Corporate management
      • Financial planning and strategy
      • Strategic planning and vision
      • Promotion of process improvement
      • Forecasting
      • Marketing and business development
      • Budget development

       

      Retained Executive Search Firm

      CEO Education and Experience

      • Bachelor’s and master’s degree preferred in business, accounting, finance, or a related field
      • Minimum of 10 years of management experience including prior CEO level leadership
      • Experience in developing profitable strategies and implementing vision
      • Strong understanding of corporate finance and performance management principles
      • Familiarity with diverse business functions such as marketing, PR, finance etc.
      • In-depth knowledge of corporate governance and general management best practices
      • An entrepreneurial mindset with outstanding organizational and leadership skills
      • Analytical abilities and problem-solving skills
      • Excellent communication and public speaking skills

       

      Cowen Partners Executive Search + Consulting

       

       

      Do you need a CEO or President? Cowen Partners is a national executive search firm, maintains a private network of world class talent and conducts proactive executive searches everyday.

      Retained Executive Search Firm

      If you want to learn more about our executive search services, check out our industry-leading resources and see why Cowen Partners is a 5-star retained executive search firm serving clients in New York City, Chicago, Seattle, Dallas, Los Angeles, and beyond:

      How to Avoid Interview Fatigue When Hiring Executive Leaders

      Interviews don’t solely benefit the company hiring for a position. Candidates also learn a lot during this process. They get an opportunity to see how your company works and receive a first impression of the business. When trying to hire top candidates, especially executives, it’s imperative to have a smooth hiring process. A significant part of a smooth hiring process is avoiding candidate interview fatigue.

       

      Interview fatigue happens when a potential hire has been through so many rounds of interviews that they start to lose interest in your company. Some businesses actually have eight or more rounds of interviews when determining a final candidate to hire. That’s way too many interviews for one position. If you’re going through that many rounds, then you need to adjust your process to whittle it down to something more efficient.

       

      How to avoid interview fatigue 

      Interview fatigue can lead to top candidates dropping out of the running, and it also leaves those people with a negative impression of your business. The interview process should be efficient, professional, and organized, so make sure you consider how to avoid interview fatigue when setting up the hiring process.

       

      Limit the interviews to four

      For most positions, you really shouldn’t need any more than three rounds of interviews to select your candidate. Executive-level positions, however, take a little more investment, so for this group you can extend the process to four interviews, max. Limiting the number of interviews you conduct has a number of benefits. First, you’ll get through the hiring process a lot faster. Timeliness benefits the whole hiring team because less of their time will be dedicated to interviews. Plus, the important open position will be quickly filled which will alleviate some of the workload that has been displaced on others.

       

      Second, your interview team will be more diligent about their questions and remember each candidate. If your company is organizing too many interviews, the hiring team won’t take the first few rounds as seriously. When interview rounds are limited to four, managers are sure to dig into the most important aspects of the position and seek out specific qualities in a candidate. It also helps everyone remember each candidate more clearly. When you’ve interviewed six people five times each it becomes difficult to keep track of individual details.

       

      Finally, four interviews is a perfectly acceptable number for candidates to go through during the hiring process. The hiring team will know exactly how much time they have to dedicate to the interview process and candidates won’t have to make an obscene number of trips to your office to cover information they’ve already discussed.

       

      Example Interview Structure

      1. Executive Recruiter Initial Interview

      2. Hiring Manager Review and Interview

      3. Peer/ C-Suite Executive Interview

      4. Final Interview With Hiring Manager

      5. Board Approval if Necessary

      Respect the candidate’s time

      When a candidate hits interview fatigue, one thought they’ll likely have is that you’re not respecting their time. Executives in particular are incredibly busy individuals in high demand. Their time is a precious commodity and if you’re bringing them in for multiple “final” round interviews, they won’t be afraid to bow out of the running. Executives often have the ability to be choosy with their opportunities because they’re presented with a number of options. You need to make sure you’re not wasting their time by unnecessarily drawing out the interview process.

       

      As you organize the hiring process, don’t forget to look at the timelines and interview rounds from a candidate’s perspective. An executive has to set aside several hours each interview day to commute to the interview, talk with hiring managers, and then get back to work. This is time and money lost that they’re giving up to speak with you. You also have to consider how a disorganized or indecisive interview process will look to an executive candidate. Too many interviews will make a high-level candidate think the company has too much red tape when it comes to decision making. It will also make an interviewee feel undervalued as they start to think they’re not quite what you’re looking for in a hire.

       

      Clearly define the timeline

      Before you even start the hiring process, you should have a clearly defined timeline. Determine how much time will be dedicated to each step of the process so your hiring team knows how much time they have to review candidates, schedule interviews, and provide feedback. Not only is a clear timeline crucial for your hiring team, it’s also important for your candidates.

       

      A common candidate question asked during the interview process is about the hiring timeline. Candidates want to know when they will hear back from you after an interview and when they can expect the process to be complete. Telling a candidate you’re not sure how long the hiring process will take does not instill confidence in your company’s organization or decision-making abilities. On that same note, you also shouldn’t give a false timeline. If you tell a top candidate you will be moving on to the next round at the start of the following week but then set up interviews several weeks later, you’re still making a bad impression. Create your timeline in advance so you have hard deadlines for your interview team to follow.

       

      Assign roles to the hiring team

      One way to help cut back on the number of interviews is to assign a hiring manager who has ultimate authority over the hiring decision. Selecting a final candidate is not a democratic process requiring consensus. The hiring manager should gather feedback and input from the interview team and use those details to select the new hire. Allowing people to debate the merits of every candidate leads to indecision, which is often how companies find themselves inviting people back for another final round interview. The interview team can’t come to an agreement so they think another round of interviews will solve the problem. You don’t need another interview in this situation. You need decisive action from a team leader who can look at the interview questionnaires, the job requirements, and the candidate profiles and make the best decision.

       

      Another role to assign is the point of contact. Clear communication with candidates is crucial for making a good impression and ensuring the interview process goes smoothly. Disorganized interviews and a lack of feedback can leave candidates with a poor impression and lead to high-quality candidates dropping out of the interview process. Make sure someone is assigned as the main point of contact for each candidate. This person should be responsible for scheduling meetings with the hiring team and following up with candidates after the interviews. Don’t leave potential hires hanging in limbo waiting for an answer. Be timely with a response to whether or not they’ve made it to the next round of interviews. A clear point of contact on the hiring team can help circumvent interview fatigue because candidates will have straightforward timelines and schedules for their interviews.

       

      Hire an executive recruiter

      An executive recruiting firm is an excellent resource for reducing interview fatigue. A recruiting firm has extensive experience with the hiring process and knows to limit interviews rounds to a reasonable number. The other benefit of a recruiting firm is it can also fill the point of contact role for your company. Managing candidate schedules, interview team availability, and process timelines can be a lot of work, but an experienced national executive search firm will be able to handle the process with ease. Contact Cowen Partners today to simplify the hiring process and avoid interview fatigue for all candidates.

      Cowen Partners Executive Search

      Cowen Partners is the nation’s executive search firm, enabling companies to harness the power of human capital to fuel their success. Cowen Partners gives our clients access to the top 1% of human capital to create opportunities that accelerate their growth and market share. With Cowen Partners, clients can grow at scale, create value, and drive results with world class talent.

      Cowen Partners is a national executive search and consulting firm. Our clients are both small and large, publicly traded, pre-IPO, private, and non-profit organizations. Clients are typically $50 million to multi-billion dollar revenue Fortune 100 companies or have assets between $500 million to $15 billion. Successful placements span the entire C-Suite and include VP and Director level leadership roles.

      With our proven processes and guaranteed results, we have successfully placed hundreds of candidates in industries including technology, commercial real estate, healthcare, financial services, sales and finance.

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