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“Fresh Ideas & Simple Truths for Finding Great
               Talent…That Fit”
Fresh Ideas & Simple Truths for Finding
                                                Great talent…That Fit


Background
•   Average tenure for a CMO currently is 28 months
     – Will this ever approach levels of other C-Suite roles?
•   Marketing has lost luster and influence in executive quarters
     – 7% of most highly compensated executives have marketing in their title
•   Client budget levels reduced 20+%
     – Will they return to historical levels?
•   Agency client relationships average 2 years
     – AOR?
•   Big reviews for new business (except media) dramatically reduced
     – New business has gone underground and organic
•   Marketing and agency staffing levels reduced to historical lows
     – Will they return to historical levels?



                                                                                2
Fresh Ideas & Simple Truths for Finding
                                   Great talent…That Fit


Why?
• Profitability maintenance at reduced revenue levels
• Uneven abilities of CMO’s and agencies to apply accountability
  metrics to support and track marketing recommendations/programs
• Uneven abilities of CMO’s and agencies to solve business problems in
  new ways in expanding communications channels – with a back drop
  of elevated expectations for new approaches
• Expectations misalignment
• Cultural fit misalignment




                                                                     3
Fresh Ideas & Simple Truths for Finding
                                             Great talent…That Fit


What Does It mean?
•   No need to wait – we are not returning to historical levels of anything
•   Great work = ideas that work
•   The ground is leveled between assorted sized communications resources
•   Additions to staff will be more stringently viewed, created and vetted by:
     –   Relationship to revenue
     –   Creating new/changing capability
     –   Cultural fit
     –   Transformational players
•   One person with great talent who fits will make more of a difference




                                                                                 4
Fresh Ideas & Simple Truths for Finding
                                           Great talent…That Fit


Purpose For This discussion
Overall talent level for marketing & advertising
professionals must be raised. The question is who
will get a greater share of the improving talent?
• Fresh ideas
• Simple truths
• Fit*

* Fit does not equal homogeneity




                                                                             5
Fresh Ideas & Simple Truths for Finding
                                   Great talent…That Fit


Talent is table stakes. The real difference is
the quality of the person and their fit with
your Company.
• There is no search so narrow that only one person has the right
  experience
• Marketing/advertising is about problem solving and problems…quality
  people rise to the challenge differently in a consistent manner
• Fit allows people to activate the company resources effectively




                                                                        6
Fresh Ideas & Simple Truths for Finding
                                                 Great talent…That Fit


Fit is everything. Project candidates into
your company & opportunity.
•   Into your company’s culture
    –   Explicitly agree & articulate your values required with your interview team & then vett for
        alignment
•   Into the responsibilities
•   Into the group they would lead
•   Into their collaborative peer group
•   Into the processes and protocols they need to succeed in/with
•   Into your clients
    –   Personal value system, work & pacing style, view of partnership, client view of agency
        highest value and space for improvement
•   Future circumstances


                                                                                                      7
Fresh Ideas & Simple Truths for Finding
                                      Great talent…That Fit


The best experience is circumstantial. Finding
people that have been through what lies
ahead of your business is most important.
•   Category experience is over worked
•   Look harder at the relevance in people’s careers
•   Hire people for what’s ahead versus the issue of now
•   Metrics accountability and progressive thinking in digital marketing are
    premium




                                                                           8
Fresh Ideas & Simple Truths for Finding
                                   Great talent…That Fit


Courage, curiosity, thought leadership and
persuasiveness are the most important
characteristics.
• Marketing and advertising agency work is lonely, early adopter,
  leadership work that takes courage
• Many opportunities for personal standards degradation
• Curiosity and thought leadership are entwined and represent the
  intersection of intelligence and passion
• Thought leadership requires persuasive selling




                                                                    9
Fresh Ideas & Simple Truths for Finding
                                                         Great talent…That Fit


Develop a set of strategies for talent
acquisition.
•   Consistent selling points
    –   Company & culture
    –   People
    –   Location
•   Consistent articulation of growth vision
•   Protocol/process for doing a search
    –   May vary by level of function
    –   Interviewing and decision making
         •   Team, approach, roles, prep/briefing ahead of time, feedback, decision method
    –   Timing expectations
•   Define the type of search firm(s) that would be a good fit for your company


                                                                                             10
Fresh Ideas & Simple Truths for Finding
                                   Great talent…That Fit


Different staff solutions are good at
different times. Pause every time a role is
open and evaluate whether it’s a good time
for something different.
• Eliminate inertia-based replacement
• People are what really change company direction not strategy
  articulation
• Review and update job descriptions of an open position and within
  their group




                                                                      11
Fresh Ideas & Simple Truths for Finding
                                     Great talent…That Fit


Talent is attracted to talent. Your current
team defines the talent you can attract, so
show candidates your best players.
•   It’s like college football recruiting
•   How you treat them and their capability are key
•   It doesn’t happen over night…start with a few pillars




                                                                      12
Fresh Ideas & Simple Truths for Finding
                                   Great talent…That Fit


Talent is attracted to authenticity. Great
talent wants to understand and internalize
your values, humanness and realness. So let
it show.
• Changing jobs is risky, you need to create trust
• This creates emotional commitment and that helps negate issues that
  arise




                                                                        13
Fresh Ideas & Simple Truths for Finding
                                    Great talent…That Fit


Problems come in small packages... drill deep
to find candidates' little deal breakers.
•   Understand how and what candidate’s are emotionally wired to
•   Just like marketing…understand influencers
•   Where are they with other opportunities?
•   Heavy travel has become an issue for candidates
•   Relocation has become an issue for candidates




                                                                     14
Fresh Ideas & Simple Truths for Finding
                                   Great talent…That Fit


References should work harder. Make
references more than a routine – they can be
a key to helping you determine fit.
• Early phase if needed for additional candidate perspective
• Ask references to rate a candidate on key dimensions and derive
  strengths/weaknesses and issues from this
• Ask references to project a candidate into your opportunity




                                                                    15
Fresh Ideas & Simple Truths for Finding
                                  Great talent…That Fit


Pre-qualify your offer.
• Avoid a yes-no response situation to an unknown offer letter
• Create a “mutually acceptable” tone to the negotiation process
• Discover the must haves and bendable issues in the compensation
  package
• Increase your success rate
• Give yourself better warning to engage back-up candidate(s) or
  sourcing continuation




                                                                    16
Fresh Ideas & Simple Truths for Finding
                                     Great talent…That Fit


It's about selling. to get the best talent you
need an impactful, well-rounded selling
strategy for every search.
•   No such thing as a buyers market for the best talent
•   Share a vision
•   Issue a challenge
•   Develop a POV on what your selling points are. What’s special about:
    –   The company
    –   The people
    –   The role
    –   The location
• Selling and treating candidates right are the same thing

                                                                       17
Fresh Ideas & Simple Truths for Finding
                                        Great talent…That Fit


Selling and treating candidates right are the
same thing.
•   Do a brief, not a job description
•   Be even toned
•   Work to gain trust
•   Be authentic
•   Be straight. Be realistic.
•   Give’em a good workout
•   See the person
•   DWYSYD
•   Move quickly

                                                                       18
Fresh Ideas & Simple Truths for Finding
                                                Great talent…That Fit


Move quickly.
• Tune your responsiveness setting to the same speed as client
  responsiveness
• The time transpired curve works just like new business development
   –   Time transpired reduces success rate
• Search process decision making = candidate’s projected decision
  making process for your company
• Update, update, update
   –   Candidates get frustrated with the process
   –   Candidates create imagined scenarios
   –   Candidates need to juggle effectively to stay engaged in a search




                                                                             19
Fresh Ideas & Simple Truths for Finding
                                     Great talent…That Fit


Candidates who don’t make it.
• If you are not going to go forward with them, tell them quickly
    –   Do it live
    –   Tell them why
•   Give them a perspective for the long-term with your agency
•   Treat them like you would like to be treated
•   Help them be better
•   Help them connect




                                                                      20
Fresh Ideas & Simple Truths for Finding
                                              Great talent…That Fit


Some different tactical ideas to consider.
• Develop a compelling portion of your website devoted to talent
  acquisition
• Create a signature take away for candidate visits
• Do thank you notes for visiting which include:
   –   Why we like you
   –   Why you fit
   –   Why this would be good for you
   –   What are next steps and the process timing
• Put “great talent conversations” onto your leadership meeting agenda
• Build “acquires great talent” into your performance evaluation system



                                                                            21
Fresh Ideas & Simple Truths for Finding
                                               Great talent…That Fit


Wrap-up - To consider.
•   The bar is low – it’s easy to stand out
•   Doing well in finding great talent is largely about vigorously practicing simple truths
    and then folding in fresh ideas
•   Are the right people on point at your agency to find great talent?
•   CEO involvement in acquiring key talent should be active and part of the process
    –   Can be a powerful part of selling
    –   Veto power on who we are about to hire sets the tone occasionally
•   WOM is very powerful in attracting talent…and it crosses back and forth with new
    business development
•   Tell clients about what you are doing to elevate your team and find great talent




                                                                                              22
Fresh Ideas & Simple Truths for Finding
                                  Great talent…That Fit


How To Contact Us
Ralph Cutcher
Telephone: 440/256-3410
Fax: 440/256-3490
E-mail: rcutcher@brickhousepartners.net




                                                                    23

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Fresh Ideas and Simple Truths

  • 1. “Fresh Ideas & Simple Truths for Finding Great Talent…That Fit”
  • 2. Fresh Ideas & Simple Truths for Finding Great talent…That Fit Background • Average tenure for a CMO currently is 28 months – Will this ever approach levels of other C-Suite roles? • Marketing has lost luster and influence in executive quarters – 7% of most highly compensated executives have marketing in their title • Client budget levels reduced 20+% – Will they return to historical levels? • Agency client relationships average 2 years – AOR? • Big reviews for new business (except media) dramatically reduced – New business has gone underground and organic • Marketing and agency staffing levels reduced to historical lows – Will they return to historical levels? 2
  • 3. Fresh Ideas & Simple Truths for Finding Great talent…That Fit Why? • Profitability maintenance at reduced revenue levels • Uneven abilities of CMO’s and agencies to apply accountability metrics to support and track marketing recommendations/programs • Uneven abilities of CMO’s and agencies to solve business problems in new ways in expanding communications channels – with a back drop of elevated expectations for new approaches • Expectations misalignment • Cultural fit misalignment 3
  • 4. Fresh Ideas & Simple Truths for Finding Great talent…That Fit What Does It mean? • No need to wait – we are not returning to historical levels of anything • Great work = ideas that work • The ground is leveled between assorted sized communications resources • Additions to staff will be more stringently viewed, created and vetted by: – Relationship to revenue – Creating new/changing capability – Cultural fit – Transformational players • One person with great talent who fits will make more of a difference 4
  • 5. Fresh Ideas & Simple Truths for Finding Great talent…That Fit Purpose For This discussion Overall talent level for marketing & advertising professionals must be raised. The question is who will get a greater share of the improving talent? • Fresh ideas • Simple truths • Fit* * Fit does not equal homogeneity 5
  • 6. Fresh Ideas & Simple Truths for Finding Great talent…That Fit Talent is table stakes. The real difference is the quality of the person and their fit with your Company. • There is no search so narrow that only one person has the right experience • Marketing/advertising is about problem solving and problems…quality people rise to the challenge differently in a consistent manner • Fit allows people to activate the company resources effectively 6
  • 7. Fresh Ideas & Simple Truths for Finding Great talent…That Fit Fit is everything. Project candidates into your company & opportunity. • Into your company’s culture – Explicitly agree & articulate your values required with your interview team & then vett for alignment • Into the responsibilities • Into the group they would lead • Into their collaborative peer group • Into the processes and protocols they need to succeed in/with • Into your clients – Personal value system, work & pacing style, view of partnership, client view of agency highest value and space for improvement • Future circumstances 7
  • 8. Fresh Ideas & Simple Truths for Finding Great talent…That Fit The best experience is circumstantial. Finding people that have been through what lies ahead of your business is most important. • Category experience is over worked • Look harder at the relevance in people’s careers • Hire people for what’s ahead versus the issue of now • Metrics accountability and progressive thinking in digital marketing are premium 8
  • 9. Fresh Ideas & Simple Truths for Finding Great talent…That Fit Courage, curiosity, thought leadership and persuasiveness are the most important characteristics. • Marketing and advertising agency work is lonely, early adopter, leadership work that takes courage • Many opportunities for personal standards degradation • Curiosity and thought leadership are entwined and represent the intersection of intelligence and passion • Thought leadership requires persuasive selling 9
  • 10. Fresh Ideas & Simple Truths for Finding Great talent…That Fit Develop a set of strategies for talent acquisition. • Consistent selling points – Company & culture – People – Location • Consistent articulation of growth vision • Protocol/process for doing a search – May vary by level of function – Interviewing and decision making • Team, approach, roles, prep/briefing ahead of time, feedback, decision method – Timing expectations • Define the type of search firm(s) that would be a good fit for your company 10
  • 11. Fresh Ideas & Simple Truths for Finding Great talent…That Fit Different staff solutions are good at different times. Pause every time a role is open and evaluate whether it’s a good time for something different. • Eliminate inertia-based replacement • People are what really change company direction not strategy articulation • Review and update job descriptions of an open position and within their group 11
  • 12. Fresh Ideas & Simple Truths for Finding Great talent…That Fit Talent is attracted to talent. Your current team defines the talent you can attract, so show candidates your best players. • It’s like college football recruiting • How you treat them and their capability are key • It doesn’t happen over night…start with a few pillars 12
  • 13. Fresh Ideas & Simple Truths for Finding Great talent…That Fit Talent is attracted to authenticity. Great talent wants to understand and internalize your values, humanness and realness. So let it show. • Changing jobs is risky, you need to create trust • This creates emotional commitment and that helps negate issues that arise 13
  • 14. Fresh Ideas & Simple Truths for Finding Great talent…That Fit Problems come in small packages... drill deep to find candidates' little deal breakers. • Understand how and what candidate’s are emotionally wired to • Just like marketing…understand influencers • Where are they with other opportunities? • Heavy travel has become an issue for candidates • Relocation has become an issue for candidates 14
  • 15. Fresh Ideas & Simple Truths for Finding Great talent…That Fit References should work harder. Make references more than a routine – they can be a key to helping you determine fit. • Early phase if needed for additional candidate perspective • Ask references to rate a candidate on key dimensions and derive strengths/weaknesses and issues from this • Ask references to project a candidate into your opportunity 15
  • 16. Fresh Ideas & Simple Truths for Finding Great talent…That Fit Pre-qualify your offer. • Avoid a yes-no response situation to an unknown offer letter • Create a “mutually acceptable” tone to the negotiation process • Discover the must haves and bendable issues in the compensation package • Increase your success rate • Give yourself better warning to engage back-up candidate(s) or sourcing continuation 16
  • 17. Fresh Ideas & Simple Truths for Finding Great talent…That Fit It's about selling. to get the best talent you need an impactful, well-rounded selling strategy for every search. • No such thing as a buyers market for the best talent • Share a vision • Issue a challenge • Develop a POV on what your selling points are. What’s special about: – The company – The people – The role – The location • Selling and treating candidates right are the same thing 17
  • 18. Fresh Ideas & Simple Truths for Finding Great talent…That Fit Selling and treating candidates right are the same thing. • Do a brief, not a job description • Be even toned • Work to gain trust • Be authentic • Be straight. Be realistic. • Give’em a good workout • See the person • DWYSYD • Move quickly 18
  • 19. Fresh Ideas & Simple Truths for Finding Great talent…That Fit Move quickly. • Tune your responsiveness setting to the same speed as client responsiveness • The time transpired curve works just like new business development – Time transpired reduces success rate • Search process decision making = candidate’s projected decision making process for your company • Update, update, update – Candidates get frustrated with the process – Candidates create imagined scenarios – Candidates need to juggle effectively to stay engaged in a search 19
  • 20. Fresh Ideas & Simple Truths for Finding Great talent…That Fit Candidates who don’t make it. • If you are not going to go forward with them, tell them quickly – Do it live – Tell them why • Give them a perspective for the long-term with your agency • Treat them like you would like to be treated • Help them be better • Help them connect 20
  • 21. Fresh Ideas & Simple Truths for Finding Great talent…That Fit Some different tactical ideas to consider. • Develop a compelling portion of your website devoted to talent acquisition • Create a signature take away for candidate visits • Do thank you notes for visiting which include: – Why we like you – Why you fit – Why this would be good for you – What are next steps and the process timing • Put “great talent conversations” onto your leadership meeting agenda • Build “acquires great talent” into your performance evaluation system 21
  • 22. Fresh Ideas & Simple Truths for Finding Great talent…That Fit Wrap-up - To consider. • The bar is low – it’s easy to stand out • Doing well in finding great talent is largely about vigorously practicing simple truths and then folding in fresh ideas • Are the right people on point at your agency to find great talent? • CEO involvement in acquiring key talent should be active and part of the process – Can be a powerful part of selling – Veto power on who we are about to hire sets the tone occasionally • WOM is very powerful in attracting talent…and it crosses back and forth with new business development • Tell clients about what you are doing to elevate your team and find great talent 22
  • 23. Fresh Ideas & Simple Truths for Finding Great talent…That Fit How To Contact Us Ralph Cutcher Telephone: 440/256-3410 Fax: 440/256-3490 E-mail: rcutcher@brickhousepartners.net 23