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Over 98% of all executive positions are not advertised

February 19th, 2008 · No Comments

Although a vast business segment exists with executive recruiters and job boards, the reality is that the vast majority of positions are not advertised. CEOs and executives always first turn to their personal networks to try to fill open positions through trusted sources. Only as a last resort will companies turn to executive recruiters and job boards to fill executive roles.

Given this scenario, what have you done recently to expand your network - regardless of whether you're in transition and looking for a job, or you've been in a stable role for 6 years. You never know when you'll need to turn to your network for assistance. Keep in mind that if you don't have a great network right now, it takes at least 6 months to develop a strong job referral network from the day you start.

 With the coming recession, and bad corporate news brewing on the horizon, shouldn't NOW be the time to start networking. Brad I will explore executive networking in much more detail in further posts. After having conducted well over 1000 executive searches in the last 25 years and interacted with thousands of executives in transition through our executive networking group, the AASE, we've identified that a lack of networking is the primary reason why most executive job searches take so long.

Learn more on our website about our research into the top mistakes executives make in career management and job search.

 Barry Deutsch

Copyright 2008 IMPACT Hiring Solutions

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Tags: Job Search Mistakes · Networking for Non-networkers

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