Your company needs to be engaged with the hiring process to find the best person for any given job, but how can you do so when there are qualified contenders not on your radar? President Obama recently spoke about the need to help the economy specifically by placing candidates who have been out of work for some time.
This might not seem to be as much of a problem at the executive level, but it does point to a universal principle that your executive recruitment process should consider: with the recent economic woes, many people have been out of work for some time.
While someone's history should obviously be considered, perhaps the government's focus on serving this aspect of the population might also reach up to the higher levels of placement.
Bloomberg Businessweek reports that the government will be dedicating $150 million to encourage companies to turn to this particular job pool for applicants.
In addition, USA Today also featured a quote from the President who, at a recent meeting, called the state of being unemployed "a Catch-22."
"I've been asking CEOs to give more long-term unemployed workers a fair shot at new jobs, a new chance to support their families," Obama said. He has been collaborating with hundreds of business executives to make progress on this issue by pledging to hire more previously unemployed workers.
This could perhaps be a frontier that you look to before finding any new members on any level, but any kind of global executive search can contract an outside firm to help them search through groups of unemployed potential candidates.
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