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"Working in the Executive Project World"
by Terry
Spriestersbach, Project
Leader/Search Consultant with Amotec, Inc.
As the economy attempts to recover from its doldrums, companies are
starting to address many of the initiatives they had in process before
things went flat. Projects
that were set aside both out of necessity as a cost saving measure and
because of declining business orders are being re-evaluated.
In the process of moving forward again, companies are looking at
assets available to them. The review of these assets include examining
human capital, some of which was laid off or eliminated creating gaping
holes in the corporate talent fabric even at the senior level.
For most companies, patching those holes with executives and
managers available on an interim or project basis makes sense from
several perspectives.
Executive level projects in essence allow management teams to
“clone” themselves to increase the capacity of the core team or
serve as a temporary fill in for staff that may be added later.
These project executives are people who have been at the
“C”, VP or Director level and come to a company ready to go to
work.
Building a competent project team allows companies to quickly get
back on track without making premature hiring decisions or loosing an
avenue to competitive advantage. Different
from consulting engagements, project executives deliver real, usable
results [like structuring an M&A, preparing a company to go public,
implementing Sarbanes Oxley, launching a Six Sigma initiative or
performing an intricate cost analysis] instead of expensive
recommendations. Companies
have the benefit of their interim executive being available to answer
questions and direct the implementation of and train the core staff on
maintenance of programs.
Project work has definite advantages for the candidate too. Taking a traditional “job” just because it is available
for the short run can sometimes have a negative affect on someone’s
career in the long run. Working
in a project capacity appears on a resume as a laser focused use of a
portion of the person’s skills and abilities rather than looking like
a hiccup or step backwards. Project
work also allows candidates who were caught in the economic cross fire
to look at new industry segments that may have an appeal for them but
in which they have little or no experience [like crossing from service
to manufacturing or from support functions to operations].
It’s also a great way to become familiar with an employer’s
corporate culture prior to making a decision about where to work
[having a courtship before getting married]. Many people even choose projects as a way of life and comment
on the flexibility of being able to choose when and where they will be
employed.
Building projects can be accomplished in several ways, but the most
successful is using a project broker or search consultant that has
experience in engagement and project management.
When [as either the company or the candidate] setting about
choosing a firm to do business with, do these things:
¨ Meet face to face with the project leader/search
consultant when ever possible. As
a client, bring the management team together to meet and interview
perspective consultants just as if it were a hiring decision [which, in
essence, it is]. Don’t
put the burden on the HR team alone. Make selection of the service provider a corporate decision.
As a candidate, treat the consultant as a personal talent agent
[which they are].
¨ Make sure the firm is a full service firm [including
payroll and benefits for the interim executives].
Ask if the firm can provide project and career placed talent AND
if it can work on a national [and if necessary international] basis.
¨ Choose a firm that works with and for its clients [both
companies and candidates]. Examine
their mission statement to see if it that matches your business
philosophy.
¨ Partner with your project leader/search consultant.
Share your vision and expect them to share your passion.
Thanks to Terry Spriestersbach,a Project Leader/Search Consultant
with Amotec, Inc., for contributing his article and his expertise to
our newsletter. He has a successful practice in executive project engagement
management and search consulting.
Terry can be reached by e-mail at tspriester@amotecinc.com
or by phone at 440-250-4600 X 250 for questions and additional
information.
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