The searches that pay for themselves, and the ones that do not
An executive search firm rarely fails on sourcing. It fails on portfolio composition: too many mandates open at once, several of them with a client who is not really committed, and a couple that have been running for five months without anyone deciding to close them.
Making that visible is worth more than any additional sourcing channel. A weekly view of open mandates with their age, the stage they are stuck at and the fee at risk turns an intuition into a decision, and usually the decision is to drop two searches to finish three.
- Open mandates by age and current stage
- Fee at risk on searches past the agreed deadline
- Client responsiveness recorded as a mandate attribute
- Explicit decision to pause or return a stalled search