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Facilities                            Construction                                 Real Estate                               Engineering

                                                R E TA I N E D E X E C U T I V E S E A RCH

  Architectural,	
  Engineering	
  &	
  Construction	
  Outlook	
  2012
                                                         Part	
  II               Talent	
  Management	
  Strategies

As	
  discussed	
  in	
  our	
  Architectural,	
  Engineering	
  &	
  Construction	
  Outlook	
  2012	
  Part	
  I,	
  while	
  the	
  A/E/C	
  industry	
  remains	
  in	
  a	
  recovery	
  stage,	
  
there	
  are	
  several	
  market	
  sectors	
  offering	
  tremendous	
  opportunities.	
  	
  As	
  well,	
  there	
  are	
  trends	
  in	
  strategic	
  initiatives	
  among	
  industry	
  players	
  
such	
  as:	
  	
  strengthening	
  competitive	
  advantage	
  through	
  innovation,	
  offering	
  alternative	
  project	
  delivery	
  methods	
  and	
  improving	
  business	
  
development	
  practices.	
  	
  	
  

Helbling	
  &	
  Associates	
  is	
  an	
  executive	
  search	
  firm	
  that	
  specializes	
  exclusively	
  in	
  construction,	
  facilities	
  management,	
  real	
  estate	
  and	
  
engineering.	
  	
  We	
  have	
  watched	
  our	
  clients	
  sustain	
  and	
  improve	
  themselves	
  by	
  developing	
  approaches	
  to	
  the	
  concepts	
  outlined	
  above.	
  	
  We	
  
have	
  also	
  seen	
  them	
  retain	
  their	
  focus	
  on	
  attracting	
  strong	
  professionals	
  who	
  can	
  assist	
  them	
  in	
  achieving	
  their	
  objectives	
  of	
  these	
  new	
  
initiatives	
  and	
  more.

Within	
  this	
  Outlook,	
  we	
  outline	
  the	
  trends	
  that	
  are	
  taking	
  precedence	
  in	
  recruitment	
  and	
  talent	
  management	
  strategies.

✴ Recruiting talented professionals.
            To	
  leverage	
  the	
  opportunities	
  being	
  presented	
  within	
  the	
  industry,	
  companies	
  have	
  to	
  recruit	
  and	
  retain	
  high-­‐caliber	
  professionals	
  
            who	
  can	
  assist	
  them	
  in	
  achieving	
  their	
  goals.	
  	
  Firms	
  understand	
  their	
  need	
  to	
  infuse	
  intelligent,	
  technologically	
  savvy	
  individuals	
  
            into	
  their	
  organizations	
  who	
  can	
  lead	
  progressive	
  initiatives.	
  	
  Impeding	
  their	
  efforts	
  is	
  an	
  aging	
  population	
  at	
  the	
  executive	
  
            management	
  and	
  operational	
  levels,	
  lack	
  of	
  succession	
  and	
  transition	
  strategies,	
  and	
  a	
  shortage	
  of	
  competent	
  professionals	
  with	
  
            specific	
  skill	
  sets.	
  	
  Coming	
  out	
  of	
  the	
  worst	
  recession	
  in	
  history,	
  many	
  firms	
  had	
  cut	
  back	
  to	
  just	
  essential	
  staff	
  members	
  over	
  the	
  
            past	
  few	
  years	
  which	
  compounds	
  the	
  challenge.	
  	
  

            Senior Executives

            Leadership	
  talent	
  has	
  always	
  been	
  difficult	
  to	
  find	
  and	
  attract	
  but	
  now	
  it	
  is	
  more	
  challenging	
  than	
  ever	
  in	
  the	
  A/E/C	
  industry.	
  	
  	
  
            Companies	
  are	
  actively	
  seeking	
  executives	
  who:

                                 ✓ Are	
  change	
  agents.
                                 ✓ Are	
  technologically	
  savvy	
  to	
  lead	
  by	
  example.
                                 ✓ Understand	
  strategies	
  and	
  execution	
  leadership.
                                 ✓ Can	
  manage	
  profitable	
  business	
  units	
  or	
  regions.
                                 ✓ Have	
  either	
  broad	
  or	
  industry-­‐specific	
  experiences.
                                 ✓ Are	
  able	
  to	
  lead	
  in	
  an	
  inclusive	
  and	
  empowering	
  way.
                                 ✓ Possess	
  the	
  ability	
  to	
  build	
  and	
  lead	
  high-­‐performance	
  teams.
                                 ✓ Foster	
  a	
  collaborative	
  work	
  environment	
  that	
  motivates	
  employees.	
  
                                 ✓ Have	
  the	
  ability	
  to	
  create	
  a	
  culture	
  of	
  innovation	
  and	
  continuous	
  improvement.
            Executives	
  who	
  possess	
  these	
  new	
  desired	
  skill	
  sets	
  are	
  not	
  easy	
  to	
  find	
  and	
  they	
  are	
  usually	
  embedded	
  in	
  their	
  current	
  
            organizations	
  thus	
  making	
  it	
  difficult	
  to	
  attract	
  them	
  to	
  new	
  opportunities.	
  	
  
Seller – Doers

     Seller-­‐Doers	
  have	
  been	
  sought	
  after	
  for	
  the	
  past	
  several	
  years	
  and	
  the	
  demand	
  for	
  them	
  has	
  not	
  wavered.	
  	
  These	
  are	
  the	
  individuals	
  
     who:
                         ✓ Possess	
  a	
  strong	
  business	
  and	
  sales	
  acumen.
                         ✓ Offer	
  a	
  “single-­‐contact”	
  concept	
  to	
  prospective	
  clients.
                         ✓ Are	
  “tapped”	
  into	
  the	
  marketplace	
  by	
  networking	
  with	
  existing	
  and	
  prospective	
  customers.
                         ✓ Have	
  the	
  ability	
  to	
  learn	
  of	
  opportunities	
  before	
  plans	
  are	
  made	
  public	
  because	
  of	
  their	
  contacts.
                         ✓ Have	
  the	
  sales	
  acumen	
  to	
  sell	
  a	
  project	
  as	
  well	
  as	
  the	
  understanding	
  and	
  knowledge	
  to	
  discuss	
  its	
  constructibility	
  
                               and	
  engineering	
  issues	
  which	
  creates	
  added	
  value	
  to	
  the	
  customer,	
  developing	
  a	
  tighter	
  relationship.

     Professionals with specialized skill sets, advanced degrees and certifications

     Innovation	
  and	
  diversification	
  are	
  common	
  initiatives	
  within	
  the	
  A/E/C	
  industry	
  and	
  companies	
  are	
  seeking	
  individuals	
  with	
  
     specialized	
  skill	
  sets	
  such	
  as	
  knowledge	
  and	
  understanding	
  of	
  BIM,	
  LEED,	
  green	
  building,	
  energy	
  efficiency,	
  IPD,	
  lean	
  construction	
  
     and	
  integrating	
  IT	
  into	
  processes	
  and	
  procedures.	
  	
  Advanced	
  certifications	
  and	
  degrees	
  are	
  also	
  of	
  interest	
  including	
  Professional	
  
     Engineer,	
  Registered	
  Architect	
  and	
  Project	
  Management	
  Professional.


✴ Giving increased consideration to the Emotional Intelligence of candidates.
     Emotional	
  Intelligence	
  (EI)	
  has	
  been	
  proven	
  to	
  significantly	
  impact	
  a	
  person’s	
  ability	
  to	
  lead	
  an	
  organization,	
  business	
  unit	
  or	
  team.	
  	
  
     Post-­‐recession,	
  it	
  has	
  been	
  given	
  more	
  attention	
  in	
  prospective	
  candidates.	
  	
  EI	
  provides	
  a	
  way	
  to	
  understand	
  and	
  assess	
  a	
  person’s	
  
     behaviors,	
  management	
  styles,	
  attitudes,	
  interpersonal	
  skills	
  and,	
  ultimately,	
  their	
  potential.

     Characteristics	
  of	
  high	
  EI	
  are:

                         ✓     Optimism	
  and	
  positive	
  attitude.	
  
                         ✓     Decisiveness	
  and	
  self-­‐motivation.

                         ✓     Ability	
  to	
  adapt	
  quickly	
  to	
  market	
  changes	
  and	
  to	
  creatively	
  develop	
  new	
  solutions.	
  
                         ✓     Understanding	
  of	
  how	
  to	
  effectively	
  handle	
  difficult	
  or	
  highly	
  emotional	
  situations.

                         ✓     “Participative”	
  management	
  style	
  and	
  adeptness	
  at	
  persuading	
  people	
  to	
  “buy-­‐in”	
  to	
  initiatives	
  and	
  goals.
                         ✓     Understanding	
  of	
  how	
  to	
  build	
  relationships	
  –	
  with	
  subordinates,	
  with	
  superiors,	
  with	
  customers	
  and	
  with	
  teams.

                         ✓     An	
  appreciation	
  of	
  the	
  importance	
  of	
  listening	
  to	
  others	
  and	
  gathering	
  their	
  input	
  before	
  implementing	
  major	
  
                               changes.


✴ Overlapping roles and responsibilities in C-suite.
     Many	
  companies	
  are	
  trying	
  to	
  do	
  more	
  with	
  less	
  and	
  are	
  looking	
  for	
  individuals	
  who	
  have	
  the	
  experience	
  and	
  capabilities	
  to	
  fulfill	
  
     multiple	
  roles	
  and	
  to	
  juggle	
  diverse	
  responsibilities.	
  	
  Chief	
  Financial	
  Officers	
  (CFOs)	
  are	
  now	
  often	
  asked	
  to	
  take	
  on	
  responsibilities	
  
     normally	
  for	
  a	
  Chief	
  Operating	
  Officer	
  (COO)	
  and	
  vice	
  versa.	
  	
  COOs	
  are	
  expected	
  to	
  become	
  more	
  knowledgeable	
  of	
  available	
  
     technologies	
  and	
  are	
  sometimes	
  tasked	
  with	
  the	
  responsibilities	
  normally	
  given	
  to	
  a	
  Chief	
  Information	
  Officer	
  (CIO).	
  	
  For	
  General	
  
     Counsels	
  and	
  Chief	
  Legal	
  Officers,	
  they	
  are	
  more	
  actively	
  involved	
  in	
  decision	
  making	
  at	
  the	
  executive	
  level	
  and	
  are	
  expected	
  to	
  rely	
  
     less	
  upon	
  outside	
  legal	
  teams.	
  	
  Chief	
  Executive	
  Officers	
  (CEOs)	
  must	
  have	
  experience	
  and	
  knowledge	
  across	
  all	
  functions	
  to	
  
     effectively	
  lead	
  organizations.


     These	
  increased	
  responsibilities	
  and	
  expectations	
  have	
  made	
  filling	
  these	
  positions	
  more	
  difficult	
  as	
  well	
  as	
  more	
  critical	
  to	
  the	
  
     overall	
  success	
  of	
  companies.	
  	
  
✴ Retaining key employees and performing succession planning.

                   Not	
  only	
  is	
  competition	
  strong	
  in	
  acquiring	
  work	
  in	
  the	
  A/E/C	
  industry	
  but	
  it	
  is	
  also	
  fierce	
  in	
  retaining	
  employees.	
  	
  Talented	
  
                   professionals	
  with	
  certain	
  skill	
  sets	
  are	
  becoming	
  increasingly	
  scarce	
  making	
  it	
  difficult	
  for	
  firms	
  to	
  not	
  only	
  find	
  people	
  but	
  to	
  also	
  
                   hold	
  on	
  to	
  them.	
  	
  The	
  more	
  progressive	
  firms	
  have	
  specific	
  strategies	
  for	
  retaining	
  their	
  key	
  employees	
  such	
  as:

                                       ✓ Consistently	
  monitoring	
  employee	
  satisfaction.
                                       ✓ Offering	
  non-­‐financial	
  incentives	
  that	
  employees	
  find	
  valuable.
                                       ✓ Creating	
  special	
  projects	
  to	
  challenge	
  professionals	
  and	
  keep	
  them	
  engaged.	
  	
  
                                       ✓ Identifying	
  employees	
  who	
  are	
  high-­‐potentials	
  and	
  creating	
  a	
  professional	
  development	
  program	
  for	
  them.

                   Although	
  retaining	
  high-­‐potential	
  employees	
  is	
  a	
  major	
  concern	
  of	
  most	
  companies,	
  only	
  38%	
  of	
  employers	
  have	
  a	
  formal	
  plan	
  to	
  
                   retain	
  those	
  employees	
  while	
  62%	
  do	
  not,	
  according	
  to	
  Fails	
  Management	
  Corporation.	
  	
  The	
  key	
  thing	
  to	
  remember	
  is	
  that	
  money	
  is	
  
                   rarely	
  a	
  reason	
  why	
  top	
  performers	
  leave.	
  	
  The	
  reasons	
  usually	
  revolve	
  around	
  future	
  project	
  potential,	
  career	
  advancement	
  and	
  
                   their	
  ability	
  to	
  impact	
  the	
  success	
  of	
  an	
  organization.

In	
  closing,	
  there	
  are	
  many	
  strategies	
  being	
  implemented	
  among	
  A/E/C	
  firms	
  to	
  ensure	
  their	
  ability	
  to	
  continue	
  attracting	
  and	
  retaining	
  key	
  
players	
  involved	
  in	
  leadership,	
  operations	
  and	
  project	
  execution.	
  	
  And	
  the	
  companies	
  who	
  are	
  most	
  attentive	
  and	
  progressive	
  in	
  these	
  
initiatives	
  will	
  experience	
  the	
  most	
  success.	
  	
  As	
  we	
  all	
  move	
  forward,	
  Helbling	
  &	
  Associates	
  appreciates	
  the	
  opportunity	
  to	
  continue	
  
partnering	
  with	
  our	
  clients	
  in	
  securing	
  talented	
  individuals	
  who	
  have	
  the	
  ability	
  to	
  significantly	
  impact	
  their	
  organizations.	
  	
  	
  	
  

Sources:
	
                 Deloitte	
  &Touche,	
  Fails	
  Management	
  Corporation,	
  PricewaterhouseCoopers	
  


Authors:	
  
	
                 Sami	
  L.	
  Barry,	
  Strategic	
  Business	
  Development
	
                 Marc	
  K.	
  Datz,	
  Senior	
  Managing	
  Consultant
	
                 Matthew	
  D.	
  Lesher,	
  Managing	
  Consultant


Related	
  Information:
Case	
  study:	
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Blogs:	
  
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                 How	
  To	
  Determine	
  Your	
  Organization’s	
  Ideal	
  Employee	
  Attitude	
  Fit
	
                 Top	
  Reasons	
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  blog.helblingsearch.com
	
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                 Executive	
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                 Emotional	
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  Next	
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  Should	
  Have	
  It




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A/E/C Outlook 2012 Part II: Talent Management

  • 1. Facilities Construction Real Estate Engineering R E TA I N E D E X E C U T I V E S E A RCH Architectural,  Engineering  &  Construction  Outlook  2012 Part  II Talent  Management  Strategies As  discussed  in  our  Architectural,  Engineering  &  Construction  Outlook  2012  Part  I,  while  the  A/E/C  industry  remains  in  a  recovery  stage,   there  are  several  market  sectors  offering  tremendous  opportunities.    As  well,  there  are  trends  in  strategic  initiatives  among  industry  players   such  as:    strengthening  competitive  advantage  through  innovation,  offering  alternative  project  delivery  methods  and  improving  business   development  practices.       Helbling  &  Associates  is  an  executive  search  firm  that  specializes  exclusively  in  construction,  facilities  management,  real  estate  and   engineering.    We  have  watched  our  clients  sustain  and  improve  themselves  by  developing  approaches  to  the  concepts  outlined  above.    We   have  also  seen  them  retain  their  focus  on  attracting  strong  professionals  who  can  assist  them  in  achieving  their  objectives  of  these  new   initiatives  and  more. Within  this  Outlook,  we  outline  the  trends  that  are  taking  precedence  in  recruitment  and  talent  management  strategies. ✴ Recruiting talented professionals. To  leverage  the  opportunities  being  presented  within  the  industry,  companies  have  to  recruit  and  retain  high-­‐caliber  professionals   who  can  assist  them  in  achieving  their  goals.    Firms  understand  their  need  to  infuse  intelligent,  technologically  savvy  individuals   into  their  organizations  who  can  lead  progressive  initiatives.    Impeding  their  efforts  is  an  aging  population  at  the  executive   management  and  operational  levels,  lack  of  succession  and  transition  strategies,  and  a  shortage  of  competent  professionals  with   specific  skill  sets.    Coming  out  of  the  worst  recession  in  history,  many  firms  had  cut  back  to  just  essential  staff  members  over  the   past  few  years  which  compounds  the  challenge.     Senior Executives Leadership  talent  has  always  been  difficult  to  find  and  attract  but  now  it  is  more  challenging  than  ever  in  the  A/E/C  industry.       Companies  are  actively  seeking  executives  who: ✓ Are  change  agents. ✓ Are  technologically  savvy  to  lead  by  example. ✓ Understand  strategies  and  execution  leadership. ✓ Can  manage  profitable  business  units  or  regions. ✓ Have  either  broad  or  industry-­‐specific  experiences. ✓ Are  able  to  lead  in  an  inclusive  and  empowering  way. ✓ Possess  the  ability  to  build  and  lead  high-­‐performance  teams. ✓ Foster  a  collaborative  work  environment  that  motivates  employees.   ✓ Have  the  ability  to  create  a  culture  of  innovation  and  continuous  improvement. Executives  who  possess  these  new  desired  skill  sets  are  not  easy  to  find  and  they  are  usually  embedded  in  their  current   organizations  thus  making  it  difficult  to  attract  them  to  new  opportunities.    
  • 2. Seller – Doers Seller-­‐Doers  have  been  sought  after  for  the  past  several  years  and  the  demand  for  them  has  not  wavered.    These  are  the  individuals   who: ✓ Possess  a  strong  business  and  sales  acumen. ✓ Offer  a  “single-­‐contact”  concept  to  prospective  clients. ✓ Are  “tapped”  into  the  marketplace  by  networking  with  existing  and  prospective  customers. ✓ Have  the  ability  to  learn  of  opportunities  before  plans  are  made  public  because  of  their  contacts. ✓ Have  the  sales  acumen  to  sell  a  project  as  well  as  the  understanding  and  knowledge  to  discuss  its  constructibility   and  engineering  issues  which  creates  added  value  to  the  customer,  developing  a  tighter  relationship. Professionals with specialized skill sets, advanced degrees and certifications Innovation  and  diversification  are  common  initiatives  within  the  A/E/C  industry  and  companies  are  seeking  individuals  with   specialized  skill  sets  such  as  knowledge  and  understanding  of  BIM,  LEED,  green  building,  energy  efficiency,  IPD,  lean  construction   and  integrating  IT  into  processes  and  procedures.    Advanced  certifications  and  degrees  are  also  of  interest  including  Professional   Engineer,  Registered  Architect  and  Project  Management  Professional. ✴ Giving increased consideration to the Emotional Intelligence of candidates. Emotional  Intelligence  (EI)  has  been  proven  to  significantly  impact  a  person’s  ability  to  lead  an  organization,  business  unit  or  team.     Post-­‐recession,  it  has  been  given  more  attention  in  prospective  candidates.    EI  provides  a  way  to  understand  and  assess  a  person’s   behaviors,  management  styles,  attitudes,  interpersonal  skills  and,  ultimately,  their  potential. Characteristics  of  high  EI  are: ✓ Optimism  and  positive  attitude.   ✓ Decisiveness  and  self-­‐motivation. ✓ Ability  to  adapt  quickly  to  market  changes  and  to  creatively  develop  new  solutions.   ✓ Understanding  of  how  to  effectively  handle  difficult  or  highly  emotional  situations. ✓ “Participative”  management  style  and  adeptness  at  persuading  people  to  “buy-­‐in”  to  initiatives  and  goals. ✓ Understanding  of  how  to  build  relationships  –  with  subordinates,  with  superiors,  with  customers  and  with  teams. ✓ An  appreciation  of  the  importance  of  listening  to  others  and  gathering  their  input  before  implementing  major   changes. ✴ Overlapping roles and responsibilities in C-suite. Many  companies  are  trying  to  do  more  with  less  and  are  looking  for  individuals  who  have  the  experience  and  capabilities  to  fulfill   multiple  roles  and  to  juggle  diverse  responsibilities.    Chief  Financial  Officers  (CFOs)  are  now  often  asked  to  take  on  responsibilities   normally  for  a  Chief  Operating  Officer  (COO)  and  vice  versa.    COOs  are  expected  to  become  more  knowledgeable  of  available   technologies  and  are  sometimes  tasked  with  the  responsibilities  normally  given  to  a  Chief  Information  Officer  (CIO).    For  General   Counsels  and  Chief  Legal  Officers,  they  are  more  actively  involved  in  decision  making  at  the  executive  level  and  are  expected  to  rely   less  upon  outside  legal  teams.    Chief  Executive  Officers  (CEOs)  must  have  experience  and  knowledge  across  all  functions  to   effectively  lead  organizations. These  increased  responsibilities  and  expectations  have  made  filling  these  positions  more  difficult  as  well  as  more  critical  to  the   overall  success  of  companies.    
  • 3. ✴ Retaining key employees and performing succession planning. Not  only  is  competition  strong  in  acquiring  work  in  the  A/E/C  industry  but  it  is  also  fierce  in  retaining  employees.    Talented   professionals  with  certain  skill  sets  are  becoming  increasingly  scarce  making  it  difficult  for  firms  to  not  only  find  people  but  to  also   hold  on  to  them.    The  more  progressive  firms  have  specific  strategies  for  retaining  their  key  employees  such  as: ✓ Consistently  monitoring  employee  satisfaction. ✓ Offering  non-­‐financial  incentives  that  employees  find  valuable. ✓ Creating  special  projects  to  challenge  professionals  and  keep  them  engaged.     ✓ Identifying  employees  who  are  high-­‐potentials  and  creating  a  professional  development  program  for  them. Although  retaining  high-­‐potential  employees  is  a  major  concern  of  most  companies,  only  38%  of  employers  have  a  formal  plan  to   retain  those  employees  while  62%  do  not,  according  to  Fails  Management  Corporation.    The  key  thing  to  remember  is  that  money  is   rarely  a  reason  why  top  performers  leave.    The  reasons  usually  revolve  around  future  project  potential,  career  advancement  and   their  ability  to  impact  the  success  of  an  organization. In  closing,  there  are  many  strategies  being  implemented  among  A/E/C  firms  to  ensure  their  ability  to  continue  attracting  and  retaining  key   players  involved  in  leadership,  operations  and  project  execution.    And  the  companies  who  are  most  attentive  and  progressive  in  these   initiatives  will  experience  the  most  success.    As  we  all  move  forward,  Helbling  &  Associates  appreciates  the  opportunity  to  continue   partnering  with  our  clients  in  securing  talented  individuals  who  have  the  ability  to  significantly  impact  their  organizations.         Sources:   Deloitte  &Touche,  Fails  Management  Corporation,  PricewaterhouseCoopers   Authors:     Sami  L.  Barry,  Strategic  Business  Development   Marc  K.  Datz,  Senior  Managing  Consultant   Matthew  D.  Lesher,  Managing  Consultant Related  Information: Case  study:   To  subscribe  to  Helbling’s  quarterly   e-­‐Newsle7er  and  Assignment     Group  Chief  Executive  Officer  For  A  Global  Contractor Alerts,  visit  our  home  page  at   www.helblingsearch.com. Blogs:   Social  Media:   How  To  Determine  Your  Organization’s  Ideal  Employee  Attitude  Fit   Top  Reasons  Why  New  Hires  Fail  &  What  Hiring  Managers  Can  Learn  From  Them Blog:    blog.helblingsearch.com   Simple  Onboarding  Techniques  That  Improve  Retention Twi7er:    @helblingsearch   Executive  Search  Activity  Increases  As  Organizations  Climb  Out  Of  Recession   Emotional  Intelligence:    Why  Your  Next  Leader  Should  Have  It ✓ HELBLING & ASSOCIATES, INC. RETAINED EXECUTIVE SEARCH RESPONSIVE RELIABLE Motivation  and  urgency  to  fulfill  your  needs Comprehensive  and  accurate  market  intelligence RESULTS Performance  that  exceeds  your  expectations RESOURCEFUL RELATIONSHIPS Extensive  network  of  contacts  in  your  industry Consulting  based  upon  trust  and  commitment Pittsburgh w w w . h www.helblingsearch.com c h . c o m elblingsear 724.935.7500