Friday, 11 November 2016

It Costs More To Do It Yourself


 As a client told me recently: “Actually, it cost more for us to search for the right executives on our own.” By  his own calculations, his firm would not only incur direct costs such as advertising the vacant position but  would also end up incurring indirect costs such as executive time lost when both the HR manager and  himself have to read the many application letters and resumes, and thereafter have to conducts interviews,  etc. And he concluded:”Those executive hours could have been better spent in pursuing our company  business strategies or meeting our customers.” Again, I cannot help recalling Sun Tzu’s words:

 “When one sets in motion an entire army to chase an advantage, the chances are that he will not attain it.” - By Sun Tzu

 Executive search is indeed a tedious, lengthy and costly process which could have been avoided by leaving  it to the headhunters.

Happy reading

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