Notable difference.
An open and consultative approach to search
Partnership
We value your expertise and experience and will include you in each step of the search process, rather than as an adjunct to the final decision-making stage. This is especially true when you are looking to fill the role with an executive with proven experience.
We value your expertise and experience and will include you in each step of the search process, rather than as an adjunct to the final decision-making stage. This is especially true when you are looking to fill the role with an executive with proven experience.
Communication
Our process is open and transparent. We will provide regular updates and encourage feedback as the process evolves. Often, the position responsibilities and candidate requirements change. Therefore, an open line of communication will ensure a smooth process.
Our process is open and transparent. We will provide regular updates and encourage feedback as the process evolves. Often, the position responsibilities and candidate requirements change. Therefore, an open line of communication will ensure a smooth process.
Collaboration
We will work in collaboration with all key decision makers to ensure all voices are heard and issues are addressed. We strive to reach a consensus-based decision.
We will work in collaboration with all key decision makers to ensure all voices are heard and issues are addressed. We strive to reach a consensus-based decision.
Search timing
We know you wanted your final candidates yesterday, and we respect that. Since every search is unique and has a life of its own, the overall length of a search is often difficult to pinpoint:
- Our firm's partners make the initial contact and conduct personal interviews, so we're thorough and have the best ability to attract great candidates for your company.
- We work with urgency, but we don't "short-cut" the process. Taking the time to conduct a thorough search will yield the best results for your company.
- In general our clients should be meeting with and interviewing a panel of candidates within approximately 3-4 weeks. The time of the year can affect the search duration; i.e. winter holidays, spring break, summer travel etc.
How we charge
Flat fee
Over the years, we've learned from our clients, that they want to understand how much the project will cost before they begin the search. We bet you do too!
With The Ferneborg Group it's simple, we offer a flat fee for our service. You'll know exactly what the cost will be and can budget accordingly. Also, your Finance department will appreciate a clear invoice, devoid of miscellaneous expenses and reconciliation issues at the end of the project.
With The Ferneborg Group it's simple, we offer a flat fee for our service. You'll know exactly what the cost will be and can budget accordingly. Also, your Finance department will appreciate a clear invoice, devoid of miscellaneous expenses and reconciliation issues at the end of the project.
No hidden expenses
Expenses, for many search firms, has almost become a second source of income. We know this isn't the way to build a long term trusted relationship with you.
We will only bill direct out-of-pocket expenses for consultant and/or candidate reimbursement.
We will only bill direct out-of-pocket expenses for consultant and/or candidate reimbursement.
The search process
I • Assessing, Consulting & Targeting
- Consult with you to gain a detailed understanding of your organization and corporate culture.
- Determine the required experience, qualifications and characteristics of the ideal candidate.
- Create a position description that ensures that we have a mutual understanding of the search criteria, enabling us to measure candidates against agreed-upon expectations.
- Develop a list of target companies from which qualified individuals and candidates may be selected.
- Review position description and target list with you, to verify goals and to check for any conflicts within the list.
II • Research & Identification
- Design and initiate a customized search utilizing target companies, our broad external networks, and our extensive internal database.
- Identify individuals demonstrating genuine interest and possessing the necessary background and skill set.
- Provide you with feedback from candidates regarding overall interest, perception of the opportunity, and any questions or concerns that may need to be addressed.
- Further identification of potential candidates and continued conversations with specific individuals who had questions regarding the opportunity.
III • Interviews & Verification
- Evaluate candidates’ personal and professional qualifications, via an interview, by one or more of our partners.
- Begin preliminary reference checking on candidates to probe further into their career history, character, and perceived potential.
- Verify educational credentials of the candidates.
- Prepare summaries for those candidates who meet your criteria.
- Present recommendations and summary findings (Short List).
IV • Client Presentation & Interviews
- Arrange interviews between you and final candidates.
- Serve as an intermediary during the interviewing process.
- Advise on a compensation package and assist in negotiations upon request.
- Assure a smooth transition for you and the successful candidate via continued follow-up during the orientation phase.
We have successfully completed 97% of all our search assignments!