Is a Recession the Right Time to Strengthen Your Management Team and Pass the Competition?

Right now, most companies are focused on cutting costs, postponing activities, and even laying off people; however, every company must also be planning for the next move up in the business cycle. Inherent in this planning process is the assessment of your executive team and other key management leaders in your organization.

Is a Recession the Right Time to Strengthen Your Management Team and Pass the Competition?
Dallas, TX, April 03, 2009 --(PR.com)-- Carl J. Taylor & Co., a Dallas based executive search firm, is working with companies which are thinking ahead, positioning themselves for the upturn in the economy and getting ahead of their competition. Carl Taylor notes, “Unless you believe that Armageddon is upon us, you know that this downturn in the economy will come to an end and business will recover and grow. You can take full advantage of this down time to distinguish your company in the marketplace by identifying and attracting new leaders to your executive management team.”

Right now, most companies are focused on cutting costs, postponing activities, and even laying off people; however, every company must also be planning for the next move up in the business cycle. Inherent in this planning process is the assessment of your executive team and other key management leaders in your organization.

The demographics of the market have not changed during this current downturn. It is still very difficult to find the right leaders who fit in your organization. Furthermore, as the business cycle hits bottom, many companies, including your competition, will begin to assess their leadership needs for the next move up in the economy.

Carl J. Taylor & Co. was recently engaged by a mid-size national company to identify and attract several sales directors for new regional positions around the country. The Senior Vice President of Client Services had a very specific set of criteria for these positions and the company’s networking efforts and internal recruiting efforts had not been successful in attracting the right candidates. She knew that the economy was soft, but she wanted to get these people on board with time to learn the company’s services, organization, people, clients and targets. “Carl helped us hire five outstanding professionals who are a great fit in our company culture.”

A regional construction and manufacturing company engaged Carl J. Taylor & Co. to assist it in identifying and attracting a new highly specific independent member for its Board of Directors. The company said, “We have an initiative to add more independent diverse Board members, and Carl Taylor has accomplished these very difficult searches.”

It takes time to identify, assess, interview and hire a new person for your executive management team. In addition, there is additional time involved in onboarding the new person. Carl J. Taylor & Co. and its clients are convinced that if you use the time during this current economic slowdown to pursue and fill existing or anticipated voids in your management team, you will be much better prepared to take advantage of the early stages of the next move up in the business cycle and get ahead of your competition.

Carl J. Taylor & Co. is an executive search firm in Dallas. For over 20 years, the firm has successfully completed challenging search assignments in Texas and around the country.

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If you would like more information about this or other executive search related topics, please call Carl Taylor at 972 490-7697 or email him at ctaylor@carltaylorco.com. You can also download a free report entitled “Executive Search Answers: Answers To Tough Recruiting & Executive Search Questions Every Company Must Know” from http://www.carltaylorco.com.
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Carl J. Taylor & Co.
Carl Taylor
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www.carltaylorco.com
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