Despite the media noise about the broader job market, there continues to be an undercurrent of executive recruiting activity that most people will never read about.
Consider the latest ExecuNet data that reveals 92 percent of executive recruiters believe there is a hidden job market, and the majority of them don't routinely advertise their new and ongoing search assignments on their website or a job board. On ExecuNet TV, ExecuNet President and Chief Economist Mark Anderson breaks the hidden job market down into three components and suggests some tactics for uncovering those opportunities.
The way to opportunity in this business climate — for executive job seekers and recruiters seeking their next piece of business — is undoubtedly through word of mouth, referrals, person-to-person networking, and meaningful relationship-building in all its forms. What works for candidates to connect with opportunity is also what works for business leaders to collaborate with people who share the same values, vision and work ethic.
Life's too short to spin our wheels on things that don't work. And as it turns out, how one connects with opportunities that can't be seen on the surface may be the real difference-maker in times like these.
Joseph Daniel McCool Joseph Daniel McCool is senior contributing editor with ExecuNet and principal of management recruiting/succession advisory firm The McCool Group. He is also the author of Deciding Who Leads: How Executive Recruiters Drive, Direct & Disrupt the Global Search for Leadership Talent, recognized widely as "one of the best business books of 2008," and its Brazilian Portuguese translation, Escolhendo Líderes, published in June 2010.
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