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News
from Flynn, Hannock Inc. |
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Executive
Search, Interim Management & Consulting
Spring,
2003
We hope
this newsletter finds our friends in good health and
experiencing improving business results in 2003. We
want to bring you up to date as to recent activity at
Flynn, Hannock and share some ideas that you may find
helpful.
Terry
Hannock
FHI
Activity
In recent
months we have conducted searches in Financial Services
for a Senior Vice President Claims-P&C, VP Marketing
Communications, Marketing Consultant, and a Regional
Actuary -Healthcare.
In manufacturing, we have performed searches for Vice
President and General Counsel, Director Materials,
Plant Manager, and Director Product Engineering.
Interim assignments that we have recently been involved
in are an Executive Coach and a Call Center Consultant.
In addition, our Interim Consultants have assisted
in restructuring compensation programs and employee
benefit plans. Our engagements have encompassed the
entire East coast including Boston, Hartford, New
Haven, Richmond and Tallahassee.
Observations
"It's
good sportsmanship not to pick up lost balls while they
are still rolling." Mark
Twain
"Why is
it when you tell yourself 'don't hit the water' your
body only seems to hear the word 'water'?" anonymous
Signs of Spring
Mistakes
to avoid in Hiring
The Unprepared Candidate:
Make available
to the candidate as much non confidential information
as possible about your company. How your candidate utilizes
the material will be a valuable tool in your assessment
of his/her potential.
Overly
Narrow Specifications:
Employers
often establish specifications for candidates that are
limiting to the point of occasionally ignoring appropriate
skills and experience gained in other industries and/or
roles.
Reference
Checking:
Never assume
that everything is as it appears. Hiring the wrong person
is terribly costly in so many ways. Multiple thorough
reference checks must always be performed.
Being
your own Headhunter:
Remember
when paying for a data base of candidates, no matter
how specialized the base is, it will still be comprised
of people who are in a limited universe of available
talent.
Entice
the talent outside in a broader pool of candidates.
For your
global staffing needs, consider our Taplow Group partners,
located in offices throughout Asia, Latin America, and
Europe. Our associates are highly skilled professionals.
Many, like our firm, also offer interim management services
at the mid and senior levels.
Adapted
from "Ten Stupid Hiring Mistakes" by
Nick
Corcodilos
Are you prepared for
"Good Times"
As you
assess your company's position in the market, are you
taking care of your high potential employees?
Those
individuals are the foundation for the future of your
company.
Reminders:
Ensure
that your stars receive the training necessary to succeed
in their current job- as well as future opportunities.
Create
an atmosphere that rewards innovation and well thought
out risk taking.
Continuously
recognize positive performance.
Link accountability with performance.
Stretch
your staff, challenge them to perform beyond their expectations.
Verbally
acknowledge the good work.
Take
the time to ask for and listen to their opinions, and
then publicly recognize their contributions.
Are
you developing and encouraging mentors in your organization?
Having a coach and sounding board can be the springboard
to success.
Developing
and maintaining an effective succession plan is essential
in keeping your high potential employees, and ensuring
that you are positioned for growth and ready to properly
fill unexpected vacancies.
Adapted
from
"Coaching
by Way of the Stars"
by Riddle & McGrath
Flynn,
Hannock, Inc.
1001
Farmington Ave.
West Hartford, CT 06107
Tel: (860)521-5005
Fax: (860)561-5294
search@flynnhannock.com
www.flynnhannock.com
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