Secrets of successful CEO recruitment

1. What is a Chief Executive Officer (CEO)?

The CEO is the person who runs the "machine" of the business

2. Responsibilities of a CEO

The CEO is the highest-ranking executive in the business, and the legal representative of the company. The job of an executive is not the same across businesses. Therefore, Navigos Search makes an assessment and summarizes the basic jobs that a CEO usually does as follows:

2.1. Strategic planning

• Implement the company's strategy, vision, mission and core values
• Implement resolutions, business plans and investment plans approved by the board (management, shareholders)
• Planning the company's business strategy, departmental plans and budgets
• Proposing solutions to improve the performance and management of the company

2.3. Branding

•  Being the final decision maker in the company's brand development strategies and campaigns proposed by the departments
  
• Decide on programs to attract consumers

2.4. Product development

• Deciding to develop new product lines
• Approve plan to diversify existing products

• Responsible for the financial targets of the business
• Approving financial regulations with the authority to sign for approval
• Approve expenses within the approved budget
• Signing financial-commercial contracts on behalf of enterprises, organizing and operating daily production and business activities

2.6. Investment

• Appraisal and approval for implementation of investment projects
• Approve plans for lending, buying and selling stocks and bonds of enterprises
• Approve business, distribution, marketing, human resources, purchasing and credit policies

2.7. Organizing

• Proposal on the number and types of managers that the business needs
• Decide on the number of employees, salary and allowances. At the same time, decide on appointment, dismissal and other terms related to the employee's labor contract 
• Approving organizational structure, payroll structure and regulations on salary and bonus
• Approve cadre evaluation results and decide on cadre reward levels

• Approving goals for departmental directors
• Evaluate the performance of the blocks, adjust the plans as necessary
• Implement the approved business plan

3. How to recruit a quality CEO for your business?

3.1. Hunt the right people at the right time

Talented CEOs are employees who are always sought by many businesses in the market. To recruit and entice them, you need to acquire the necessary recruiting experience. Fulfilling the promise of business benefits or great incentives in the business is one of the effective ways of recruiting executives today.

How to recruit a quality CEO? - The tough questions for many businesses

When the business needs a breakthrough or time to implement decisive strategies, go bold with hiring the most suitable CEO. Please select candidates with experience in administration and management in enterprises. The recruitment process should be conducted in a thorough, careful and precise manner.

3.2. Conduct CEO tests

In addition to criteria such as experience and education, when recruiting executives, you need to conduct tests to have the most accurate view and true assessment of reality.

• Summary: This type of test requires candidates to have a suitable approach to problems, solving problems such as reports, meetings, staffing and many other daily tasks of a CEO.
• Organization of teamwork: Enterprises will arrange candidates into a working group without a leader. At this time, the recruitment council assigns specific requirements to candidates to discuss. Thereby, based on the ability to communicate, persuade, and lead implicitly expressed through group discussion, the employer will make the most informed decision.
• Decision interview: The Senior Human Resources Recruitment Council will conduct a direct interview with the candidate to understand the candidate's interests, basic knowledge and previous work. At the end of the interview process, the employer can accurately evaluate the results and make the right choice. Then publish the results of each candidate and publish the list of those recruited.

4. Criteria for hiring executives

The CEO is an extremely important position in the business, so when looking for candidates, employers will rely on many criteria. According to high-level human resource recruitment experts Navigos Search, when recruiting executives, it will be based on a number of basic criteria such as:

4.1. Leadership

To become a good CEO, candidates need to have the necessary qualities of a leader. It is fairness, honesty and always giving the best to the job. Besides, when recruiting, businesses should also pay attention to their social relationships to make the most appropriate and accurate selection of personnel.

It is necessary to determine the candidate's qualities and leadership ability

4.2. Soft skill

In addition to a deep understanding of the field in which the business is doing business, candidates need to have soft skills such as: communication skills, leadership skills, human resource management skills, time, etc,. Therefore , when interviewing, employers should create specific situational questions to assess the candidate's soft skills.

4.3. Political factors

CEOs will often have to face business-related issues, including internal, external and political issues. Therefore, they need to have a clear political stance and orientation, and be knowledgeable about politics to properly implement policies and legal lines.

Read more about vital skills: Here

5. Executive Director Recruitment Process

The current CEO recruitment process is relatively similar across businesses. In general, it will be done through basic steps such as:

• Enterprises post job vacancies for CEO position on reputable job search websites such as Navigos Search, VietnamWorks
• Candidates send CV
• Enterprises conduct CV screening and decide to go to the interview
• Direct interview with candidates to choose the most suitable person
• Selected candidates will try the job according to the time agreed with the enterprise. After meeting the requirements, he will officially take over the position of executive director of the enterprise
• In fact, today, recruiting executives is not an easy job and it is difficult for businesses to recruit themselves. Therefore, the advice for businesses is to choose headhunting services to get the most perfect candidates for this position

Recruiting CEO via Navigos Search’ service quickly and economically

Enterprises can completely search for senior candidates for the position of HR director at Navigos Search. The biggest advantage of Navigos Search is that it belongs to Navigos Group, the owner of the leading recruitment website in Vietnam - VietnamWorks. With a huge data volume of 375,000+ senior candidates, 85,000+ senior management candidates (Senior manager, C-level) and more than 5,000,000+ accounts from VietnamWorks data, the opportunity to find suitable candidates will be quick. and most accurate.

In addition, a team of consultants and a wide network of activities are always ready to meet the recruitment needs of high-level personnel for businesses.

Immediately access the recruitment service of high-level personnel in general and recruitment of executives in particular of Navigos Search to find the most suitable candidate for your business. 

Contact information for the Northern team: Here

Contact information for the Southern team: Here

• HCM Headquarters: 20th Floor, e.town Central Building, 11 Doan Van Bo, Ward 13, District 4
• Hanoi Headquarters: V. Building - 125 Ba Trieu street, Hai Ba Trung District
• Hotline: 1800 585 826
• Email: contact@navigossearch.com
• Website: navigossearch.com
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