Cornerstone International Group: Executive Search - Get it Right the First Time
In a new article, Cornerstone International Group emphasizes the phrase, "do it right, not over." Taking extra care and effort to get the right person the first time can save time and money, and minimize risk for the client.
Here are a few statistics that help prove the importance of this message:
- The firm has seen as high as 64% of executives hired outside fail in the first 18 months.
- Not getting it right can be costly, with estimates between multiple of thousands and millions.
- The old recruiting model was 80% on finding the right candidate, 20% on everything else. Today, those figures switch. It takes 80% of efforts to determine the success of a candidate relative to culture, strategy and purpose.