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Richard Putley Managing Director Executives in Africa ‘Doing your Due Diligence when Hiring Senior Executives’

Business in Africa Pays: Doing Your Due Dilligence When Hiring Senior Executives, Richard Putley

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Richard Putley of Executives in Africa addresses hiring the right talent in Nigeria Richard Putley, Director of Executives in Africa spoke to the delegates of Business in Africa Pays: Nigeria to explain the finer points of securing the right people for your business abroad. Richard explains how you should be addressing all the decision makers in the family unit, spouse included, rather than just the candidate. He also warns of the dangers of underestimating locals, suggesting that you must pay them the equivalent of foreign talent, despite any temptation to do otherwise. Visit http://businessinafricapays.com/doing-your-due-dilligence-when-hiring-senior-executives/ to hear a recording of Richard's presentation.

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Page 1: Business in Africa Pays: Doing Your Due Dilligence When Hiring Senior Executives, Richard Putley

Richard Putley

Managing Director

Executives in Africa

‘Doing your Due Diligence when Hiring Senior Executives’

Page 2: Business in Africa Pays: Doing Your Due Dilligence When Hiring Senior Executives, Richard Putley

Doing your Due Diligence when Hiring

You never get a second chance to make afirst impression

Page 3: Business in Africa Pays: Doing Your Due Dilligence When Hiring Senior Executives, Richard Putley

Doing your Due Diligence when Hiring

“80% of employee turnover can be specifically attributed to poor

recruitment decisions.”

Page 4: Business in Africa Pays: Doing Your Due Dilligence When Hiring Senior Executives, Richard Putley

Doing your Due Diligence when Hiring

Their Driving

There are three things you should never criticise anyone on:-

Page 5: Business in Africa Pays: Doing Your Due Dilligence When Hiring Senior Executives, Richard Putley

Doing your Due Diligence when Hiring

How they Bring up their Children

There are three things you should never criticise anyone on:-

Page 6: Business in Africa Pays: Doing Your Due Dilligence When Hiring Senior Executives, Richard Putley

Doing your Due Diligence when Hiring

There are three things you should never criticise anyone on:-

Their Interviewing Skills

Page 7: Business in Africa Pays: Doing Your Due Dilligence When Hiring Senior Executives, Richard Putley

Doing your Due Diligence when Hiring

The first 5 to 8 minutes

Page 8: Business in Africa Pays: Doing Your Due Dilligence When Hiring Senior Executives, Richard Putley

Why do you need to get it right?

Candidate Generation & Recruitment Costs

Employee, Management & Training Costs

Termination Costs

Business Costs

Page 9: Business in Africa Pays: Doing Your Due Dilligence When Hiring Senior Executives, Richard Putley

Why do you need to get it right?

Total =$350,000

Page 10: Business in Africa Pays: Doing Your Due Dilligence When Hiring Senior Executives, Richard Putley

Why do you need to get it right?

Decision was made without:

• Full Preparation

• Sufficient Assessment

• Proper Judgement

• Due Diligence

Page 11: Business in Africa Pays: Doing Your Due Dilligence When Hiring Senior Executives, Richard Putley

Why do you need to get it right?

Not prepared for this critical business decision by:

• Lack of Preparation

• Insufficient Assessment

• Poor Judgement

• Lack of Due Diligence

Page 12: Business in Africa Pays: Doing Your Due Dilligence When Hiring Senior Executives, Richard Putley

How to identify a successful Candidate?

Write a Job Description and Candidate Profile

• Main Tasks & Responsibilities

• Ad-hoc Projects in the first 6-12 months

• Personal Qualities required

• Essential skills and experience

• Desirable skills and experience

• Remuneration package

Page 13: Business in Africa Pays: Doing Your Due Dilligence When Hiring Senior Executives, Richard Putley

How to identify a successful Candidate?

• How you will Evaluate Skills

• What to Assess at each Interview Stage

• All Stakeholders have Clear Objectives

• Psychometric Testing

• Internal Feedback Process / Marking System

• Candidate Feedback

• The Final Decision

• The Offer Process

Page 14: Business in Africa Pays: Doing Your Due Dilligence When Hiring Senior Executives, Richard Putley

Why should they join you?

So Why Choose You?

• Career Opportunities

• Remuneration & Benefits

• Challenges of the Role

• Culture Fit

• Why did YOU join the business?

Page 15: Business in Africa Pays: Doing Your Due Dilligence When Hiring Senior Executives, Richard Putley

Why should they join you?

Remember to ask them

what THEY are looking for in their

next Company and Role

Page 16: Business in Africa Pays: Doing Your Due Dilligence When Hiring Senior Executives, Richard Putley

Engaging with all the decision makers

Page 17: Business in Africa Pays: Doing Your Due Dilligence When Hiring Senior Executives, Richard Putley

Why use a Professional?

Why use a Search Firm?

• Get the candidates to the negotiation table

• Search Consultants trained in Advanced

Interview Techniques.

• Third Party Management of the Process

Page 18: Business in Africa Pays: Doing Your Due Dilligence When Hiring Senior Executives, Richard Putley

Contact details

Richard Putley

Managing Director

+44 7957 339 235

[email protected]

www.executivesinafrica.com