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	<title>The Fordyce Letter &#187; Paul Herrerias</title>
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	<description>You Should Not Recruit Without It</description>
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		<title>The Breakfast Club: How to Start a Face-to-Face Networking Group</title>
		<link>http://www.fordyceletter.com/2009/05/05/the-breakfast-club-how-to-start-a-face-to-face-networking-group/</link>
		<comments>http://www.fordyceletter.com/2009/05/05/the-breakfast-club-how-to-start-a-face-to-face-networking-group/#comments</comments>
		<pubDate>Tue, 05 May 2009 11:00:41 +0000</pubDate>
		<dc:creator>Paul Herrerias</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[referrals]]></category>
		<category><![CDATA[socialnetworking]]></category>

		<guid isPermaLink="false">http://www.fordyceletter.com/?p=2616</guid>
		<description><![CDATA[So much attention has been placed on social networking lately.
Everyone seems to be using sites like LinkedIn and Twitter to network. And while social networking provides some excellent opportunities to build your network, look for a job, and stay current with industry trends, letâ€™s not forget the importance of traditional, face-to-face networking.
A Breakfast Club is [...]]]></description>
			<content:encoded><![CDATA[<p>So much attention has been placed on social networking lately.</p>
<p>Everyone seems to be using sites like LinkedIn and Twitter to network. And while social networking provides some excellent opportunities to build your network, look for a job, and stay current with industry trends, letâ€™s not forget the importance of <em>traditional, face-to-face networking.</em></p>
<h3>A Breakfast Club is Born</h3>
<p>It was 2002, right at the boom of the dot-com era.</p>
<p>My desk was inundated with resumes, and I felt terrible because there was no way I could refer all these highly qualified CEO candidates to new CEO jobs.</p>
<p>Thatâ€™s when it hit me that maybe these people could help each other. I emailed all of the CEO candidates and invited them to meet for breakfast. They all had different backgrounds yet shared a common bond &#8212; looking for that next big CEO gig.</p>
<p>Little did I know back then that I was on to something big.</p>
<p><span id="more-2616"></span></p>
<p>Since that very first meeting of potential candidates many years ago, the group has been meeting for breakfast once each month and is still going strong. It started as a way to help people find new work, and today has evolved into much more.</p>
<p>Here are some examples of different things that take place at our breakfast meetings:</p>
<ul>
<li><strong>Encourage speakers. </strong>Everyone gets a chance to speak; find out what they are working on and how the group can help them achieve their goals.</li>
<li><strong>Invite speakers. </strong>Invite outside speakers to come in and present on a variety of business-related topics.</li>
<li><strong>Provide feedback.</strong> If a group member is getting ready for a big presentation, he can do a mock presentation to the group and we all provide feedback).</li>
<li><strong>Offer introductions. </strong>New members are given a chance to thoroughly introduce themselves and share with the group what they are hoping to achieve with the groupâ€™s help.</li>
</ul>
<p>In addition, Iâ€™ve seen a lot more come out of our monthly breakfast club.  I have seen new friendships form.  I have seen group members hiring each other for consulting projects. One person was offered a position on the board of directors at another memberâ€™s company. Some of the group members have ad-hoc meetings on topics generated at the monthly meetings.</p>
<p>We also like to get creative with it sometimes and do something different than meet for breakfast.  Each winter we hold our annual Christmas party at my house and in the summer we do a barbecue. All the group members come together with their families and we have a great time. From time to time, we also hold our monthly meetings at one of our memberâ€™s offices, or at one of our homes. Mixing it up keeps it interesting.</p>
<h3>Keeping Things Fresh</h3>
<p>As the breakfast club has grown over the years, so too have my responsibilities in keeping the group running. </p>
<p>Each month, a detailed agenda is created, and as the facilitator, I do my best to stick to that agenda. We have even used social networking to advertise. We have had much success with Yahoo! Groups and LinkedIn and used them to the fullest to communicate, plan, and share among members.</p>
<p><em>Of note:</em> the adoption rate for our group&#8217;s new LinkedIn Group in 2009 was at least five times faster than our Yahoo! Groups in 2005!</p>
<p>While I highly recommend everyone with a career becomes involved with social networking sites like LinkedIn, I feel it is equally important to focus on traditional, grassroots networking opportunities.</p>
<p>Anyone in any job sector anywhere in the world can benefit from a networking group. &#8220;Real world&#8221; connections will always rank higher than those online. Give it a shot and start your own real-life networking group and see what happens.</p>
<p>Just remember to always keep it about how YOU can help the other person!</p>
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		<title>Building a Strong Talent Pool When Time is of the Essence</title>
		<link>http://www.fordyceletter.com/2008/09/16/building-a-strong-talent-pool-when-time-is-of-the-essence/</link>
		<comments>http://www.fordyceletter.com/2008/09/16/building-a-strong-talent-pool-when-time-is-of-the-essence/#comments</comments>
		<pubDate>Tue, 16 Sep 2008 12:21:10 +0000</pubDate>
		<dc:creator>Paul Herrerias</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://www.fordyceletter.com/?p=636</guid>
		<description><![CDATA[This is the true story of how one executive search firm helped the St. Francis Yacht Club of San Francisco hire a new controller and chief financial officer.
The St. Francis Yacht Club, one of San Franciscoâ€™s oldest and most prestigious private clubs, has a membership base of more than 2,300 and roots dating back more [...]]]></description>
			<content:encoded><![CDATA[<p>This is the true story of how one executive search firm helped the <a href="http://www.stfyc.com/">St. Francis Yacht Club</a> of San Francisco hire a new controller and chief financial officer.</p>
<p>The St. Francis Yacht Club, one of San Franciscoâ€™s oldest and most prestigious private clubs, has a membership base of more than 2,300 and roots dating back more than 80 years. Finding the right candidate for this fast-growing, progressive club presented an unusual challenge.</p>
<p>The average search takes 60 to 120 days to complete, but the yacht club needed to fill the position within a month so the incumbent could train the new controller before she left.</p>
<p><span id="more-636"></span></p>
<p>When the private club turned to the professional recruiters in our San Francisco office, we knew we had to create a strategy, weed out the competition, and find the right candidate.</p>
<h3>Creating a Strategy</h3>
<p>With little time to spare, the executive recruiters at Stanton Chase Internationalâ€™s San Francisco office sprung into action. After meeting with the clubâ€™s general manager and the incumbent, it was time to tour the facility and speak with some of the club members, board members, and department personnel. This was an important step to help identify the personality of the candidate. Often there will be a number of qualified prospects, but matching the values and culture of the client with those of the candidate is as important as finding someone with the right qualifications.</p>
<p>Next, we identified similar organizations where our profiled candidate would be working. We did our homework on those organizations and the current controllers working there. We started making calls to the potential prospects, and from that we picked up additional referrals and introductions.</p>
<p>Additionally, we looked to industry trade groups and functional professional groups to find out who had the best reputations, who would be easiest to recruit, and who could help us in our search.</p>
<h3>Weeding out the Competition</h3>
<p>Itâ€™s important to conduct an extensive amount of research so you can build a very strong talent pool. In this case, since time was of the essence, we had to move quickly. We separated the top slate from the rest of the pack by looking at a number of characteristics:</p>
<p><strong>Trust </strong></p>
<ul>
<li> Personality fit with the clientâ€™s team. Will they be able to develop strong bonds of trust and camaraderie? Do they share values? Will the candidate reinforce and strengthen the clientâ€™s culture?</li>
<li> Motivation fit. Is this a good opportunity for the candidate? Why? Will they still want to work here after one, two, even five years?</li>
</ul>
<p><strong>Credibility</strong></p>
<ul>
<li> Is the candidate prepared for this role?</li>
<li>Does he or she have the right degrees, credentials, past employers, and job responsibilities?</li>
<li>Do they dress, talk, and walk like they belong in this role? Have they built strong social networks that will help them be successful?</li>
</ul>
<p><strong>Experience</strong></p>
<ul>
<li> Do they have the necessary technical skills? What kind of preparation have they had?</li>
<li> Do their leadership skills fit? Do they have the right people skills?</li>
</ul>
<p><strong>Demographics and other factors</strong></p>
<ul>
<li> Will the reality of the demographics be motivating for the successful candidate after the first 90 days? After one year? Three years? Five years?</li>
<li> Compensation (package of steady cash flow, incentive cash, and long-term incentives such as equity).</li>
<li> Location (commute or relocation?).</li>
<li> Work/life balance (can they meet the client&#8217;s scheduling needs? Not every job is a Monday to Friday, 9 to 5).</li>
</ul>
<h3>Finding the Candidate</h3>
<p>There was no defining moment when we knew we found the right candidate, but it was more of an incremental process.</p>
<p>We liked Paul Koojoolianâ€™s reputation and his resume, but we also liked other candidates as well. Paul impressed us with his response to a written survey of questions about his career. This is a unique tool we developed to help us really understand our candidateâ€™s skills match, strengths, values, and circumstances.</p>
<p>He also impressed our team during the phone interview process, and this is where he first broke through the ranks to emerge as a top contender.</p>
<p>After I met with the top six contenders, Mr. Koojoolian really captured my imagination and shared with me his passion for the role and the fit. I knew we found our man.</p>
<p>Today, the new controller and chief financial officer of the St. Francis Yacht Club is our recruit, Paul Koojoolian. The club couldnâ€™t be more excited to work with him, and likewise, he is looking forward to the challenging role as the new controller and chief financial officer.</p>
<p>Despite the tight time constraints set by the client, this is another successfully completed executive search where all parties involved (client organization, successful candidate, executive search firm) all walk away getting what they wanted.</p>
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