Premium Essay

Heidrick & Struggles International Inc.

In:

Submitted By sitamartinez
Words 271
Pages 2
Case Study – Heidrick & Struggles International, Inc.
Why is Strategic Recruitment critical to the success of an organization in meeting its goals and mission?
Staffing, training and development as well as employee retention are essential for an organization. It involves finding and adding the correct workforce to the organization, training employees to better perform the tasks, and create ways to engage and retain top performers avoiding turnover financial hardship and talent loss. As such, human resources personnel must strategically plan these processes to align the correct employees and skills to perform the tasks and roles the organization needs to fulfill its overall strategy.
In today’s rapid changing environment, strategic recruitment is critical to the success of the organization, as companies need to quickly adapt their needs and find the better candidate to fulfill that need. Companies need to rely more on its human capital that will bring new and better ways to perform day-to-day operations as well as provide with different ideas on how to improve current processes to ultimately provide its customer with innovative and more effective products or services.
Whether done internally or externally, the recruiting process has to be strategically and effectively planned to be successful. “An organization needs to know that it has the right employees with the right skills in the right places at the right time.” (Mello, 2011. P.339). A good strategic recruiting process must show when the process should begin to warrantee that the employee will be fully trained when the organization needs it, how many people are needed for the project, and how big the applicant pool will be

Similar Documents

Premium Essay

Heidrick & Struggles Case Study Analysis

...Heidrick & Struggles Case Study Analysis GB520-Strategic Human Resources Management Unit 3 Introduction “Staffing the process of recruiting applicants and selecting prospective employees remains a key strategic area for human resource management” (Mello, 2011). Strategic recruitment is vital for any company for meeting their goals and mission. Strategic recruitment is part of the strategies human resource plan; the company must know what the company needs and fill those needs. The decisions made directly impacts the success of the company. The following analysis of Heidrick & Struggles Inc. will show what problems they faced as demographics changed along with technology. The job market is very competitive and acquiring and retaining quality talent is essential to a company’s success. Poor decisions can have negative affects with high turnover that impacts employee morale and a company can lose its competitive edge (Richardson). Heidrick & Struggles an executive search firm was established in 1953 by Garner Heidrick and John Struggle. As the company grew by 1957 were serving clients all over the U.S. and in 1968 they went international opening an office in London. By 1980 they had 11 offices located the U.S. and Europe. Heidrick’s search consultants did not see the company as a global firm; it was more of a franchise. They had no specialization and were considered generalists. They had never met as a single group and had only 2 female consultants. In 1999...

Words: 931 - Pages: 4

Premium Essay

Interviewing, Hiring and Selection

...employees that are skilled and trained to perform their jobs in such a way that the organization will benefit. Without planning in advance for the qualities and skill sets that are needed for quality job performance, a company would have a difficult time in meeting its goals. By planning to hire using the best options possible, companies can select the best candidates for their available positions. Hiring the right person is not by accident, but a planned process. This paper will discuss Heidrick & Struggles International, Inc. and their placement practices as a recruiting agency for major corporations as it relates to strategic recruitment. Summary of the Case Heidrick and Struggles is an executive search firm that had been in existence since 1953. In 1957, the firm went national, then international in 1968. At the time, their consultants were considered generalists, with no specializations, who felt as if they worked in a franchise instead of for the company as a whole. By 2008, Heidrick considered itself “the world’s premier provider of senior-level executive search and leadership consulting services” and focused on building leadership teams. Kevin Kelly had been appointed CEO of the company in 2006 and was concerned that, though the company seemed to be doing well, it was facing changes in the recruitment industry and needed to change its focus and methodology (Eccles & Lane, 2009).. Issues Kelly wanted the consultants to feel as driven as he did about changing...

Words: 1400 - Pages: 6

Premium Essay

Strategic Audit of Harley-Davidson

...Strategic Audit of Harley-Davidson Current Situation A. Current Performance 2008 ❖  Revenue 2008 $5.59 billion down from $5.73 billion in ❖  Net Income $654.7 million down from $933.8 million i ❖  Earnings per stock share $2.70 down from $3.74 in 20 ❖  Motorcycles sold 303,470 down from 330,619 in 2007 http://investor.harley-davidson.com/ReleaseDetail.cfm?ReleaseID=360949 B. Strategic Posture * Mission ❖ We ride with our customers and apply this deep connection in every market we serve to create superior value for all of our stakeholders. * Objectives * We fulfill dreams inspired by the many roads of the world by providing extraordinary motorcycles and customer experiences. We fuel the passion for freedom in our customers to express their own individuality. * Strategies ❖ Get Cost structure correct ❖Obtain funding for Harley-Davidson Financial Services ❖Invest in the Harley-Davidson Brand ❖ Policies ❖Customers for life.... Harley-Davidson values the deep emotional connection that is created with our customers through our products, services and experiences. We are fueled by brand loyalty and trust that our customers place in us to deliver premium quality and the promise of a fulfilling lifetime ownership experience. We exemplify this commitment by embracing a culture of personal responsibility and stewardship for quality in everything we do. 2. Corporate Governance A. Bo DIRECTORS | JOB...

Words: 2610 - Pages: 11

Premium Essay

Compensation & Benefits Ezon

...COMPENSATION & BENEFITS Study Case Egon Zehnder International 1. What is the core business of Egon Zehnder ? The company was incorporated in 1976 and is based in New York, New York. Egon Zehnder International (named EZI below), Inc. is a subsidiary of Egon Zehnder International (Schweiz) AG. Egon Zehnder operates through some 390 consultants across more than 60 offices in nearly 40 countries. Regarding its revenues ($218 million), even if Egon Zehnder is only the fourth world's largest senior-level executive recruitment firms in the world, after Korn/Ferry ($339 millions), Heidrick Struggles ($325 million), Spencer Stuart ($239 million) and Russel Reynolds ($ 190 million), the company generated the highest revenues per professional. Egon Zehnder International, Inc. offers business consulting and executive search services. The company provides professional recruitment, candidate screening, employee consulting, board consulting, management appraisal, leadership development, and team effective review services. Additionally, it offers succession planning and management restructuring services. Egon Zehnder International caters to corporations, government, regulatory bodies, educational and cultural organizations, financial services, technology and telecoms, life sciences, consumer, industrial, services, and private capital companies. Unlike its biggest competitors, the company his privately held – that means they have no franchise...

Words: 1730 - Pages: 7

Premium Essay

Contemporary Hrm Report

...Robert Gordon University Aberdeen Business School Contemporary HRM 1007520 International Tourism Management Year 3 Submission deadline: 3rd May 2013 Lecturers Responsible: Allison Abbott and Kirstine Collins Module Number: BS2104 Word Count: 2179 Executive summary The subject of this report is the ‘war for talent’ phenomenon and its implication on talent management practices. Its first section presents the aim and objectives and the utilised methods of research. In the second chapter called ‘What is talent’, various definitions from different angles are provided for a better understanding of the main topic of the report. The third chapter analyses the ‘war for talent’ concept with both pro and con academic arguments. The fourth section defines talent management as a mandatory ‘toolkit’ to fight the war for talent. In the first subsection a few definitions and talent management approaches are explained. This section is followed by two consecutive ones which define and analyse the notions of performance, and potential in relation with talent management. The fifth and final chapter expands the ‘war for talent’ concept on a global scale with the two subsections discussing the influence of globalisation on the talent war followed by a case study of Poland’s talent management issues in the global ‘war for talent’. In the end a conclusion is drawn followed by afferent references consulted in order to create the report. Table of contents Front cover ...

Words: 3342 - Pages: 14

Premium Essay

Busdocs8

...throughout the United States and more than 3000 international locations. This figure compares with the 17,009 stores of coffee chain Starbucks, whose baked goods are usually prepared out of shop. Nearly all of Dunkin' Donuts locations are franchisee owned and operated. Only 77 franchisees exist west of the Mississippi River, mostly in Iowa, Arizona, Nevada, New Mexico. Within its Northeast home base, however, Dunkin' Donuts is particularly dominant and can be found in many gas stations, supermarkets, mall and airport food courts, and Wal-Mart stores. Outsourcing Human Resource Functions Many of the human resource functions are quite complicated. Small firms and those new to international business do not have the in-house capability to provide many services that internationalization requires and are compelled to contract them out to specialize outside vendors. To cut costs, increase efficiency, and focus on core competencies, many firms outsource nonstrategic human resource functions. Some functions, such as tax planning and preparation, have long been provided by outside vendors, but increasingly more tasks are being outsourced. Accounting and consulting firms traditionally provided services in taxation and compensation planning. Firms such as Berlitz and Windham International specialize in providing cross-cultural training, relocation assistance, and stress counseling. Executive search companies such as Korn/Ferry, Heidrick & Struggles, and Spencer Stuart...

Words: 1756 - Pages: 8

Premium Essay

Human Resource Officer

...Creating a global process platform Core HR: Why and how SUCCESSFACTORS / WHITE PAPER CORE HR: WHY AND HOW Core HR: Why and how Creating a global process platform Imagine today’s global talent landscape. In New York City, a marketing director shares a highly qualified candidate for a hard-to-fill management position with her counterpart in Singapore. An engineer designing a pipeline in an office in Sao Paolo finds the answer to a question about fluid dynamics from a colleague in the field in western Canada. And in Paris, three well-qualified internal candidates from three different continents arrive at company headquarters for interviews to be the next vice president of procurement. Many organizations today need to manage talent globally. Is yours one of them? The cultural, geographic, linguistic, and structural silos that divide global enterprises are smaller obstacles than ever if you have the right technology. Cloud technology — especially talent management systems integrated with core HR systems — can bridge differences and break down boundaries in your organization. However, you must create global processes that account for regional dissimilarities and accomplish three goals: • Compliance: Protect your company and your people globally and locally. • Consistency: Cut costs as you improve efficiency and mobility. • Capability: Improve the performance of your workforce. Consistent global processes can transform your enterprise. As you create your global HR and...

Words: 4477 - Pages: 18

Premium Essay

Job Earcch Strageigl

...Job Search Strategies Handbook Office of Career Services and Cooperative Education 1 TABLE OF CONTENTS Welcome to the Job Search Process Resources and Professional Associations by Career Field Accessing the Alumni Directory The Art of Networking Networking Questions Career Search & Industry Lists Job Fairs On-Campus Recruiting The Art of Interviewing Staffing Agencies, Temporary Placement Firms, and Executive Search Firms 1 5 12 13 14 16 18 19 20 22 27 2 Job Search Groups WELCOME TO THE JOB SEARCH PROCESS Although the Internet has revolutionized the job search process, finding employment in your niche requires a broader, more proactive approach. The most successful job hunters use these essential strategies: • a clear focus on the job desired • a targeted resume that demonstrates experience and skills • a “big tent” search that taps multiple resources • a willingness to network and initiate contact with employers • a dogged persistence in realizing your goal All of the following resources will help you conduct your comprehensive, successful job search. ACCESS THE RESOURCES OF CAREER SERVICES & COOPERATIVE EDUCATION Employers contact us daily looking for talent, and organizations regularly invite our students to industry-specific job fairs and career expos. Here’s how to take advantage: www.suffolk.experience.com—our online platform for job postings: full-time listings, paid co-ops, and unpaid internships. This site also gives you access to VAULT...

Words: 4934 - Pages: 20

Free Essay

Talent Management

...ASSIGNMENT NO. 2 TALENT MANAGEMENT RESEARCH PAPER TABLE OF CONTENT I. Executive Summary…………………………………………………...............3 II. Introduction…………………………………………………………................4 III. What is the meaning and nature of talent or global talent management and succession planning in particular organizational contexts?.................................5 IV. What are the key challenges faced by organizations in their approach to talent management?.......................................................................................................7 V. What are the measures of success/critical success factors for talent management initiatives for both the management of the organization and its employees?......9 VI. Conclusion……………………………………………………………..….....13 VII. Bibliography & Reference..……………………………….…………………14 TALENT MANAGEMENT RESEARCH PAPER  By Ramy Emam                                                                                                      Page 2   I. EXECUTIVE SUMMARY What is talent management? Wide variations exist in how the term ‘talent’ is defined across differing sectors, and organizations may prefer to adopt their own interpretations rather than accepting universal or prescribed definitions. That said, it is helpful to start with a broad definition and, from our research, we have developed a working definition for both ‘talent’ and ‘talent management’:  Talent consists of those individuals who can make a difference to organizational performance...

Words: 4768 - Pages: 20

Premium Essay

Interco

...BEST PRACTICE INSIDE DELL COMPUTER CORPORATION: Managing Working Capital By Lawrence M. Fisher The secret to excellence lies in doing many things well. It also requires staying focused on the goal even when tempted to do otherwise. O F ALL THE creators of share- holder value in the 1990’s, the most dramatic have been strategic innovations, those bold new business models that forever changed the rules of the industries in which they were applied. But in today’s competitive world, a brilliant business model alone does not create a sustainable advantage, unless it is supplemented by operational excellence, the continuous identification and adoption of best practices. By any measure, the Dell Computer Corporation’s direct sales model is one of the most successful strategic innovations of the past 15 years. With the deceptively simple concept ............................... L a w rence M. Fisher has covered technology for The New York Times for more than a decade and has written for dozens of other publications. Mr. Fisher, who is based in San Francisco, holds an M.A. in journalism from the University of California at Berkeley. He is a recipient of the Hearst Aw a rd for investigative journalism. 68 F i rs t Q u a r t e r ’ 9 8 Illustrations by Jean Tuttle BEST PRACTICE of bypassing the retail channel to sell directly to consumers, Dell created a model that undercuts its competitors on price, forges closer links with customers and provides shareholders...

Words: 4842 - Pages: 20

Premium Essay

When East and West Meet: an Essay on the Importance of Cultural Understanding in Global Business Practice and Education

...Journal of International Business and Cultural Studies When East and West Meet, Page 1 When East and West Meet: An Essay on the Importance of Cultural Understanding in Global Business Practice and Education S. J. Chang Illinois State University ABSTRACT As today’s business decisions and choices are increasingly influenced by the diverse cultural backgrounds and perspectives of various corporate stakeholders, it is critical for business managers to have multicultural understanding. This motivates us to refine our business perspectives and approaches in global arena as well as our educational philosophies on global business management. Based on casual yet experiential discussions, this essay presents some cohesive points on comparative cultural understanding and business implications thereof between the “West” and the “East,” which is presupposed by the cultural contrasts between America and Korea. It can hopefully serve as a practically meaningful guideline for business practice and education on multiculturalism. Keywords: multiculturalism, global business management, comparative cultural understanding Journal of International Business and Cultural Studies When East and West Meet, Page 2 INTRODUCTION Thanks to the rapid and continuous expansion of large global businesses, today people, capital, information, and technology travel more freely, rapidly, and widely than ever. The everexpanding scope and scale of large global firms over the recent decades have...

Words: 5218 - Pages: 21

Free Essay

Apple Inc

...Brian Grazer’s Curiosity Conversations: A List Since the late 1970s, Brian Grazer has been meeting with people from diverse backgrounds to have open-ended conversations about their lives and work. Below, in alphabetical order, is a list of many of the people Brian has had curiosity conversations with. It is as comprehensive as memory and records permit; please forgive any omissions. Brian has spoken to so many people over thirty-five years and explored so many topics that it would be impossible to have included accounts of all of them. But each of the conversations provided the inspiration for the discussions of creativity and storytelling in this book, and in ­ rian’s work. B 50 Cent: musician, actor, entrepreneur Joan Abrahamson: president of the research and education nonprofit Jefferson Institute, MacArthur Fellowship recipient Paul Neal “Red” Adair: oil-well firefighter, innovator in extinguishing oil-well blowouts in Kuwait 1 Roger Ailes: president of Fox News Channel Doug Aitken: multimedia artist Muhammad Ali: professional heavyweight boxer, three-time World Heavyweight Champion John Allman: neuroscientist, expert on human cognition Gloria Allred: civil rights attorney Brad Anderson: former CEO of Best Buy Chris Anderson: curator of TED conferences Philip Anschutz: entrepreneur, cofounder of Major League Soccer, investor in multiple professional sports teams David Ansen: former senior entertainment editor at Newsweek ...

Words: 6829 - Pages: 28

Premium Essay

Energy

...April 26, 2013 Dear Fellow Stockholder: At the request of the Board of Directors, you are cordially invited to attend the 2013 Annual Meeting of Stockholders of Newpark Resources, Inc., which will be held on Thursday, June 6, 2013, at 10:00 a.m., Central Daylight Time, at The Marriott Woodlands Waterway Hotel & Convention Center, 1601 Lake Robbins Drive, The Woodlands, Texas 77380. Both your Board of Directors and I hope you will be able to attend. There are five items on this year’s agenda: (1) the election of six directors to the Board of Directors; (2) an advisory vote to approve named executive officer compensation; (3) to consider and act upon a proposal for the approval of the amendment and restatement of the Newpark Resources, Inc. 2006 Equity Incentive Plan; (4) to consider and act upon a proposal for the approval of an amendment to the 2008 Employee Stock Purchase Plan to increase the employee discount from 5% to 15%; and (5) the ratification of the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for the fiscal year 2013. These items are described fully in the Notice of Annual Meeting of Stockholders and the accompanying Proxy Statement. Whether or not you plan to attend the Annual Meeting, it is important that you study carefully the information provided in the Proxy Statement and vote. Please promptly vote your shares by telephone, by the internet or, if the Proxy Statement was mailed to you, by marking, signing, dating and...

Words: 70239 - Pages: 281

Premium Essay

Internal and External Equity

...Five Functional Areas Of Human Resource Management Five Functional Areas of Human Resource Management (HRM) HRM has five functional areas that include: Staffing, Human Resource Development (HRD), Compensation and Benefits, Safety and Health, and Employee and Labor Relations. Staffing Achieving organizational objectives requires having the proper number of employees with the appropriate skills.  Staffing accomplishes this objective through four tasks. The first task is job analysis, which examines specific job functions in determining the skills,  duties and knowledge required for each position. The second task is ensuring that the required numbers of employees, with the appropriate skills, are available when needed organizations engage in Human Resource Planning (HRP).  The third task is recruitment, which is the process of attracting enough skilled people to apply for jobs in the organization. Fourth, the last step in the staffing process, is selection. This involves choosing the best suited individuals to fill the open positions in the firm. Human Resource Development (HRD) Six functions, including training, development, career planning, career development, organization development and performance appraisal, make up Human Resource Development (HRD). * Training: is a process designed to provide employees with the knowledge and skills needed for their present job. Focusing on long-term learning needs is development. The ongoing process of career planning sets career goals for...

Words: 11273 - Pages: 46

Premium Essay

Developing the Global Leader of Tomorrow

...globalDeveloping the Global Leader of Tomorrow SPONSORED BY Developing the global leader of tomorrow Contents I Overview of research . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 I Executive summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 I Chapter 1 Trends in the external environment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 I Chapter 2 The organisational response . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 I Chapter 3 Implications for knowledge and skills . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 I Chapter 4 The performance gap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 I Chapter 5 Sourcing and developing knowledge and skills . . . . . . . . . . . . . . . . . . . . 20 I Next steps . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22 I Case examples Unilever . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 IBM . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 Novo Nordisk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27 BG Group . . . . . . . . ...

Words: 14482 - Pages: 58