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Hiring at the executive level is hard. If you don’t have a plan of action before hitting the streets for the perfect candidate, you’ve already set yourself up to fail. Here are a few elements to align internally before you start to engage with talent.
For many companies, especially in the tech world, identifying the right person to oversee your Technology team might be the most crucial hire you make. Before kicking off the search, encourage your leadership team to think about the following:
Do you actually need a CTO? A CTO differs from a VP of Engineering, which differs from a Director of Technology. First, list the skills you absolutely must have in this role–and make sure everyone is on the same page. Titles will vary a ton based on company size and industry. The skills and experience of someone coming out of a Fortune 500 company are completely different than someone coming from an early-stage, 50-person software company. So focus less on the title, and more on the skills and responsibilities that matter. Prioritize across three main areas: Strategic Vision, People Management and Technical Experience.
Here’s how you can envision each tech leadership role:
This is a lot—we get it. We’ve also seen a lot of companies miss on crucial hires, because they didn’t take the time upfront to think about these things. If you don’t have an expert managing the process for you (i.e someone who has facilitated the hire of numerous key executives), there’s an even higher likelihood of making the wrong hire. The key is implementing a thoughtful process before you even begin your search, followed by a thorough process to identify candidates and vet them well. (Shameless plug for Hirewell: We’ve been doing this for 15 years. Our process is unique and blends the best of utilizing an internal resource and an external search firm.)
In this episode of The Balancing Act, host Sarah Sheridan interviews Kate Dohaney, the global CEO of Orb Group and mom to two. Kate shares her unique path from performing artist to executive leader, detailing her transition through the music industry, advertising, and major roles at The Wall Street Journal and NewsCorp. She emphasizes the importance of resilience, being data-driven, and the power of surrounding oneself with the right people. Kate also discusses the challenges and rewards of balancing a high-powered career with motherhood, offering motivating insights for aspiring female leaders. Tune in for an inspiring conversation about career evolution, leadership, and family.
Episode 4