Intuition is always founded on a process. A process that inevitably leads to euprior results.
Executive Search for Board Members
The target of the Executive Search for Board Members is to ensure the company’s long-term success. The requirements for company board members are growing and diversifying with the globalisation and digitalisation of markets. Efficient work by the board supports the management in their strategic choices and offers expertise during key changes within a company.
JFP’s Executive Search for Board Members is designed to recognize candidates who are ideal for the client’s strategy, market situation and values. Our systematic and efficient process helps us to easily identify capable potential individuals.
Professionally performed assessment and application processes for a proficient board promote the efficiency of its work and improve its effectiveness considerably.
We perform Executive Searches for Board Members, for example, for public companies, companies owned by private equity and family businesses. Our Consultants’ managerial experience creates unique prerequisites for assessing and developing the work of a board of directors and for building a diverse, effective mix.
Executive Search is a process that helps us find suitable professionals for demanding positions, while taking the various requirements of the responsibilities and the company’s needs into account. With our systematic process and experienced professionals, we make sure that the individuals being sought have the optimal experience and expertise, as well as the right attitude, motivation, way of working and working methods. The professional selected for the position will complement the organisation’s know-how.
To chart these professionals, we use various systematic methods and search tools in addition to our extensive network.
Defining a search profile
The first stage of the assignment is critical for the process. During the initial discussions, we establish a precise direction for the new Executive Search project. Based on the definition of duties prepared together with the client and the available supplementary material, we compile a written description of the company, organisation and tasks. In this search profile, we also highlight the requirements set for the ideal candidate’s competence, experience and work-life persona. Finally, we formulate a search strategy for the assignment.
Implementing an Executive Search
We carry out a systematic Executive Search process that is based on the requirements set by the position in question and the search profile. Our goal is to identify the persons who meet the formal requirements for the task and who are potential candidates due to their background and experience.
Throughout the project, we keep our client informed about our progress and report to them on the various stages of the project.
We contact the individuals we have identified as potential candidates and chart their interest in the job. After thorough interviews, we assess their skills in relation to the defined position description and the profile of the ideal candidate.
From the candidates we have interviewed, we usually select 3-5 of the most suitable ones to present to the client. Based on the interviews, we compile written reports on these candidates, containing a description of the person: their personal details, education, work history, professional experience and a summary of their suitability for the position.
Introducing the candidates, reference check and follow-up
We introduce the selected candidates to our client’s representatives while being present ourselves throughout the session.
Next, we verify the references of the candidates to delve deeper into their competence, potential and areas of development. We provide the potential new employer with a clear summary of the candidate’s way of working and a recommendation of which details they should pay special attention to.
After this, we verify the references of the candidates selected for further discussions and perform further research into their competence, potential and areas of development. We keep the customer advised on all results of this research.
When needed, we assist the client with the final discussions, for example in matters concerning the contract of employment.
We follow up on the selected individual’s performance with both the person themself and the client’s representative.
The Management Review process is used to assess the skills of a company’s executives in relation to the organization’s present state and chosen strategy.
The first phase of this process is acquiring a thorough understanding of the company’s present state and the direction it wants to go in the future, as well as the development needs that must be addressed to achieve the target state. This discussion forms the basis for the assessment process, as well as for our future conclusions and suggestions for actions.
Interviews for evaluating candidates’ suitability
Our experienced consultants interview the individuals selected for the auditing process. The purpose of this thorough and confidential interview is to assess the executives’ competences and experience. Interview topics include their strengths and potential areas for development.
The interview is structured to enable us to gage the candidate’s ability to meet the requirements and challenges of the position and to estimate their development potential in relation to future responsibilities. If the client wishes, we can also use assessment methods for appraising the candidates’ work-life personas during the interviews.
Views of the company
During the assessment process, the executives have an opportunity to present their own views of the company’s situation and ideas for developing its organization and operations.
Results and conclusions
We always report the results of the assessment process to both the participants and the client. Each candidate also receives thorough personal feedback that provides an excellent base for personal professional development. Also, the company’s top management receive a written summary of the results and conclusions of the process.
The Management Review is a unique tool aimed at the company’s top management and designed to ensure the fulfilment of the company’s plans and strategies.
We have carried out numerous Management Review processes both in Finland and abroad.