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CASE STUDY: ADVERTISING VS. EXECUTIVE SEARCH
Objective: To understand the benefits of empanelling Executive Staffing Consultants vis-a-vis publishing
advertisements

Findings of the study: The Consultant scored 18 points compared to 2 points scored by Mass Media /
Advertisement / Portals.

FINAL SCORE CARD:

Sr.
      Activity                          Consultant     Advertisement     Consultant     Advertisement
No.
                                                                            Score            Score
 1    Speed to find                     Yes                   No               1
 2    Payment only on success           Yes                   No               1
 3    Process Controlled by Client      Yes                   No               1
      Multiple channels to attract
 4                                      Yes                   No               1
      talent
 5    Mapping Industry                  Yes                   No               1
 6    Referencing & Target Search       Yes                   No               1
 7    Sharp Target Audience             Yes                   No               1
 8    High Opportunity Cost             No                   Yes               1
 9    Large Database                    Yes                  Yes               1               1
 10   Huge usable database              Yes                   No               1
 11   Branding                          Yes                  Yes               1               1
 12   Brand Enhancing                   Yes                   No               1
 13   Perception Management             Yes                   No               1
 14   Pre-Interview Screening           Yes                   No               1
 15   Dropouts & Back Offs              No                   Yes               1
 16   Support to the End                Yes                   No               1
 17   Replacement                       Yes                   No               1
 18   Confidentiality of position       Yes                   No               1
      TOTAL SCORE                                                             18               2


MODUS OPERANDI OF STUDY

Consulting Process:
•   Understanding the job beyond its Job Description
    •   Making a detailed Job Description and Job Specification along with Key Defining Parameters (Performance
        Meter)
    •   Market Intelligence with regard to employee relations, compensation, skill set, etc including rumor mill
        feedback.
    •   Research on Industry, Company, Peer level enterprises
    •   Internet / Online search through various specialized portals apart from Naukri, Monster, etc.
    •   Mapping all the key participants in the industry or related to the position, including one above and one below
        levels to establish hierarchy
    •   “Cherry-Picking” the "right" incumbents
    •   Creating Awareness especially among passive high potential performers.
    •   Candidate Excitement Generation & Involvement
    •   Perception Management & Brand Enhancement
    •   References – 360 degree Informal check before the job is offered
    •   References – Formal check after the job is offered
    •   Assistance in Compensation – Understanding, Designing & Negotiation
    •   Indemnify replacement


Key Parameters of study:

    •   Efficacy
    •   Cost / Benefit ratio
    •   Range / coverage
    •   Confidentiality
    •   Focal Point connect
    •   Excitement & Involvement
    •   Brand Management
    •   Peripheral Operative / Data Support


Target Companies:

Leading Japanese Investment bank                             Global Major Bank
Leading Global Investment bank                               India’s leading financial Institution
Amongst the oldest                                           India’s fastest growing bank
Leading Private Equity Player                                World’s leading bank

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Advertising Vs Consultant Linked

  • 1. CASE STUDY: ADVERTISING VS. EXECUTIVE SEARCH Objective: To understand the benefits of empanelling Executive Staffing Consultants vis-a-vis publishing advertisements Findings of the study: The Consultant scored 18 points compared to 2 points scored by Mass Media / Advertisement / Portals. FINAL SCORE CARD: Sr. Activity Consultant Advertisement Consultant Advertisement No. Score Score 1 Speed to find Yes No 1 2 Payment only on success Yes No 1 3 Process Controlled by Client Yes No 1 Multiple channels to attract 4 Yes No 1 talent 5 Mapping Industry Yes No 1 6 Referencing & Target Search Yes No 1 7 Sharp Target Audience Yes No 1 8 High Opportunity Cost No Yes 1 9 Large Database Yes Yes 1 1 10 Huge usable database Yes No 1 11 Branding Yes Yes 1 1 12 Brand Enhancing Yes No 1 13 Perception Management Yes No 1 14 Pre-Interview Screening Yes No 1 15 Dropouts & Back Offs No Yes 1 16 Support to the End Yes No 1 17 Replacement Yes No 1 18 Confidentiality of position Yes No 1 TOTAL SCORE 18 2 MODUS OPERANDI OF STUDY Consulting Process:
  • 2. Understanding the job beyond its Job Description • Making a detailed Job Description and Job Specification along with Key Defining Parameters (Performance Meter) • Market Intelligence with regard to employee relations, compensation, skill set, etc including rumor mill feedback. • Research on Industry, Company, Peer level enterprises • Internet / Online search through various specialized portals apart from Naukri, Monster, etc. • Mapping all the key participants in the industry or related to the position, including one above and one below levels to establish hierarchy • “Cherry-Picking” the "right" incumbents • Creating Awareness especially among passive high potential performers. • Candidate Excitement Generation & Involvement • Perception Management & Brand Enhancement • References – 360 degree Informal check before the job is offered • References – Formal check after the job is offered • Assistance in Compensation – Understanding, Designing & Negotiation • Indemnify replacement Key Parameters of study: • Efficacy • Cost / Benefit ratio • Range / coverage • Confidentiality • Focal Point connect • Excitement & Involvement • Brand Management • Peripheral Operative / Data Support Target Companies: Leading Japanese Investment bank Global Major Bank Leading Global Investment bank India’s leading financial Institution Amongst the oldest India’s fastest growing bank Leading Private Equity Player World’s leading bank