The global information technology industry has been rapidly growing for years –– and this growth is expected to continue as we go into 2022. Gartner, the world's leading information technology research and advisory company, predicts that IT spending will grow 5.5% next year alone, reaching $4.5 trillion.
This news comes as remote work becomes the new norm and companies look for ways to solidify their infrastructure to be able to handle future changes. With such growth and rapid change underway, the demand for highly skilled workers is at an all-time high.
For those looking to fill open positions within their organization, this has made hiring extremely competitive. For the technology industry specifically, finding qualified candidates can be even more challenging given the specialized nature of the various sectors.
Working alongside an executive search firm can significantly increase the chances of finding the best candidates in the industry. As you will see below, partnering with a firm that specializes in technology-related industries will give you a competitive advantage when looking to hire new leadership to join your team.
When looking to hire new management and executive teams, there are many areas to consider to make a positive investment in your company. One of the biggest challenges for businesses looking to hire is the lack of alignment between management and other departments.
With conflicting goals among operations teams and higher expectations despite budgetary constraints, it is a challenge to find a way to bridge the gap between departments. Moreover, in technology specifically, companies tend to use too many different software systems and tools to get a job done, creating an even greater disconnect. And, in many cases, management does not understand technology needs and is unable to show the value of SaaS to their stakeholders.
Recently, the disruption in the market caused by remote work has been a new challenge for management teams to confront. For many companies, this means finding creative ways to keep employees engaged and in touch with the company and its workplace culture. This has proven particularly challenging when it comes to onboarding new hires.
Ultimately, the biggest benefit an executive search firm can provide is its industry expertise and the depth of market insight. As an experienced search partner, we know each of your pain points and how to quickly identify candidates capable of and dedicated to, solving them. We can find leaders with the ambition to implement advanced software solutions, streamline internal processes, improve communication, and make a positive impact in an organization.
While you may think that you are reaching the most qualified candidates, if you aren’t talking to a passive talent pool, you are overlooking a huge opportunity. Since the technology industry is so niche, many of these workers who aren’t yet looking for new positions may work for your competitors. Unfortunately, this makes it harder for your hiring teams, as it isn’t always possible to speak to these contacts and persuade them to consider a switch. That’s where an executive search firm can help. While these candidates may not actively be searching for a new role, an expert recruiter will know just what to say to attract top talent and get them excited about a new opportunity in the industry.
As a company, you should always strive to improve your internal teams through workshops and educational services. One way to accomplish this is by working with an experienced search firm. While you work with them, it can also serve as an opportunity to learn from their process and improve your current hiring efforts. By collaborating with the firm, your hiring team will receive feedback that can be incorporated into your internal hiring initiatives in the future. In the end, they will learn valuable techniques and new approaches to take when looking to hire again in the future.
Once a new hire starts working in the position, one of the problems they face is the onboarding process. With teams just returning to their offices, it is even more difficult to get new hires up to speed as quickly and smoothly as they would have if they were there in person. Some say that the onboarding experience takes too long, which can prove detrimental especially in an industry where change occurs quickly. Additionally, many say that the process isn’t engaging or effective for bringing on new employees. Without an engaging method to onboard, the chances of success for your new hire diminishes significantly.
When working with a search firm, it is best to partner with one that offers transition services for their placements. This includes assigning a mentor, scheduling regular check-in meetings and workshops to further enhance the onboarding process. Their expertise, and connection to both the hire and the company, will create a better experience –– one that has the best interest of both parties in mind.
At Kinsley Sarn, our Mountain West office specializes in the technology sector. Led by Tera Orey, our Vice President of Business Development, our Denver office specializes in including, Software, Digital Media, Cybersecurity, Telecommunications, Wireless, and Cloud Computing.
With our years of experience, we have become one of the top technology executive search firms in the area –– serving our clients with personalized services to ensure their experience is tailored to their needs. We know what it takes to be a successful leader in the technology field, giving us the upper hand when it comes to vetting candidates for your open positions.
Each part of our process takes into account your expectations and goals. From creating a compelling candidate profile used to attract the best-fit talent, up until onboarding and their initial transition period, we are there for you every step of the way.
If you would like to discuss your current hiring and recruitment needs in more detail, click the button below to get in touch with a member of our team.