Archives for Blog

5 Essential Reasons Hiring is a Critical Element in the Startup Success

September 6, 2018 | Comments Off

As a startup, you have the opportunity to build your team out from square one. Square one is you. Each person you add to your team either strengthens your core leadership unit and, in turn, your business. Or it weakens your business from the inside out. But the modern hiring landscape as we approach 2020 isn’t a rosy one. 44% of employers are currently trying to hire full-time employees. 45% currently have jobs they can’t fill. Nearly 60% say that most job openings stay open for over 3 months. They’re struggling to find the right people. This demonstrates just one reason it’s essential that a startup has a
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You Just Closed Series A Funding, Now What?

August 29, 2018 | Comments Off

You just completed your first round of funding. You’ve got your proof of concept and a plan. Now, you have the seed capital to turn your vision into a thriving business. What you do in the next 10, 30 and 90 days will determine whether you’re headed for a rocky start or ready to take on the market, barreling toward profitability and growth. But what next? It’s time to start building a winning leadership team. You’re not new to wearing many hats in a business. But you understand the difference that having elite talent makes in developing, running and growing a business. Research published by McKinsey Global Institute found
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3 Major Signs It’s Time to Expand Your Startup Leadership Team

August 20, 2018 | Comments Off

It seems timing is always crucial with a startup, whether it is bringing your product to the marketplace or planning a new business launch at just the right time to attract a group of investors. But there’s another matter of timing that is just as crucial: how do you know when it’s time to expand leadership and bring on a new management team? There are a lot of reasons entrepreneurs may be hesitant about expanding, or even completely overhauling, their company’s leadership team. They often feel uncertain about finding people they can trust with their company’s future after putting so much time and resources into
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Developing the Next Leaders

March 18, 2018 | Comments Off

Building Progress: The Next Generation of Leadership Something that nearly every corporation will tell you that they are afraid of is the amount of soon to be open roles with a lack of sure fire candidates to carry on the torch. The cultivation of the next generation is essential to maintaining a sustainable projection. While nothing is guaranteed, corporations are doing their due diligence to protect their interests, and it starts with the emerging executives. Companies have begun to rotate recent entries through different roles. Giving them experience in multiple areas to improve their flexibility with in different aspects of
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De-Risking Executive Hires

February 21, 2018 | Comments Off

The chance of a failed hire is a coin flip Heidrick & Struggles conducted a study of 20,000 senior executive placements and found that 40% failed within 18 months. A failure meant the executive left, was asked to leave or was performing significantly below expectations. Want more bad news? A failed hire can cost 6 times salary or more. A bad CEO hire in a start-up can doom a world-changing idea. It’s not the search firm’s fault A perfect match doesn’t guarantee a good marriage; you must work at it. A headhunter will find the candidate who checks off
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Executive Hiring Plans for Start-Ups, Part 2

December 26, 2017 | Comments Off

“My company is young, but growing fast. We have to start thinking about building our leadership team or we are going to have problems with fulfillment and scaling. How do I attract the kind of executive I want when I can’t pay what the other company pays?” Often, hiring decisions come down to money for a business. Can we afford another person in the operations team? How can we add more capacity without increasing the payroll by 5%? This focus on affordability creates the (often) incorrect perception that individuals make decisions about where they want to work based on money
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Executive Hiring Plans for Start-Ups, Part 3

December 26, 2017 | Comments Off

You’ve done all the right things. You’ve planned your next three executive level hires and the business goals that will drive the hiring decisions. You’re actively seeking members of your executive team and are prepared to offer competitive compensation packages. But when it comes down to it, it’s difficult to make a decision. Who is going to work out? The young and hungry candidate lacking experience? The seasoned executive looking for a position that can take them to retirement? When the wrong decision can cost you precious time and money, making a choice can feel like an overwhelming burden. Who’s
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Executive Hiring Plans for Start-Ups, Part 1

December 17, 2017 | Comments Off

One of the questions we most often hear from emerging growth companies and start-ups is about when they should hire executives. It is much easier to identify hiring individuals to service specific client needs or support your product. But expanding the executive team can be a difficult and expensive proposition. You want a leader who understands and shares your vision. You want the right level of industry knowledge and experience growing a company. And you must provide an attractive compensation package to sway a savvy business person who is either looking for a new challenge or needs to be wooed
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Face to Face Friendly Culture: A Conversation with Sarah Oliver

December 17, 2017 | Comments Off

For almost 50 years, Andcor has pioneered customized solutions in the recruitment industry. Along the way, we’ve developed an incredible network of leaders at all levels…and we continue to make lifelong connections each and every day. We love sharing that sense of community and connection with others and are excited to introduce Sarah Oliver. Sarah was born and raised on the west coast and her parents always told her, “You can do whatever you put your mind to.” Little did they know just how right they were! Sarah is the real deal and loves the fact that her days are
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Curiosity and innovation (even at 5:00 a.m.!) A conversation with Scott Jagodzinski.

November 28, 2017 | Comments Off

For almost 50 years, Andcor has pioneered customized solutions in the recruitment industry. Along the way, we’ve developed an incredible network of leaders…and we continue to make lifelong connections each and every day. We love sharing that sense of community and connection with others and are excited to introduce Scott Jagodzinski. Scott is a true business entrepreneur but with a very unique background and skill set, blending operations and finance with leadership and innovation. As a founder, CEO, board member or advisor Scott has started, run and helped many companies ranging from media to fitness to technology. Today, Scott
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