Welcome to The Fordyce Letter:

The Fordyce Letter

Straight Talk for the Recruiting Profession


IlyaTalman

Ilya Talman is president and founder of Roy Talman & Associates, Inc. (www.roytalman.com), a boutique search firm specializing in information technology and capital markets/financial trading. For the last 28 years, Talman has helped Fortune 500 companies find their CTOs, CIOs, and VPs of Engineering. And over the last decade—as Chicago has evolved into a high frequency trading hub—he has also become the go-to guy for the elite HFT niche. You can reach him at ilya@royalman.com

Articles by IlyaTalman

Relationships

Networking With Hiring Managers



networking

Why should a recruiting firm start, develop, and maintain relationships with hiring managers as a key activity? We have found that over the years the largest contribution to our ability to survive in an ever more competitive environment has been our desire to establish and maintain strong rapport with hiring managers. It didn’t start as a planned activity – it just happened over time. The benefits have been many. It’s much easier to understand “the secret sauce” of openings when you have known the hiring managers over a long period of time. Having worked with them as candidates in the past adds to a level of credibility the competition cannot easily match. And being able to get their opinions about their ex-co-workers is priceless.

With the benefit of hindsight, the formula for successful networking with hiring managers is rather simple. You start by concentrating your attention on the best people in your industry. You get to know them professionally and, quite often, personally. You learn what they do and don’t do that makes them rising stars. You try to get opinions from people who know them about what makes them special and then discuss it with them.  In this way, you are developing relationships with both current and future hiring managers.

If you can create a connection when these people are happily employed and are not looking to change jobs, you build a relationship that could weather a storm for many years. Sooner or later, when they decide to look for new opportunities, you are there to help and advise. You build your rapport over a long period of time – someone with less than 10-15 years of experience in the industry is seldom senior enough to have influence in the hiring process.