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What is Handpicked Managing Director?

Handpicked Managing Director is a risk-free Executive Search service, guaranteeing you a minimum of 3 top performing candidates who meet your brief, at an affordable fixed price.

Handpicked Managing Director is your secret weapon that can help you find the best talent in the market.

We will find you experienced Managing Directors who have had real success in leading the senior management team, delivering commercial strategy to achieve long-term business objectives and a track record of driving and delivering business change to optimise business performance.

Our service eliminates the risk of hiring the WRONG person and ensures you will appoint the RIGHT person who is culturally aligned to your business and your values.

Handpicked Managing Director helps ambitious Wealth Managers, Asset Managers, Life Companies, Investment Platforms and Protection Companies attract Managing Directors to their organisation.

 

The Challenges you Face

Looking for an exceptional Managing Director with a proven track record of client service, outstanding communication and people skills, business acumen, and the ability to provide strategic direction to the Board is no easy task.

As the role of the Managing Director continues to evolve and become more complex, especially during these uncertain times, finding and selecting the right person for the job is more important than ever.

Unfortunately, traditional recruitment methods can be costly and time-consuming, ultimately hindering growth and failing to meet targets.

Making the wrong senior appointment can be costly, with estimates suggesting that it can cost up to 2.5 times the salary of the position. For instance, hiring a Managing Director with a salary of £200,000 could end up costing the business over £500,000.

Moreover, the negative impact of a wrong appointment goes beyond financial implications, as it can cause reputational damage, lower productivity, disrupt the company culture, and erode the confidence of employees, colleagues, and shareholders.

Attracting and selecting the right Managing Director is a critical factor in driving business success and avoiding costly mistakes.

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When is the time to hire a Managing Director?

The key to success for a fast-growing business is to have the right person in place before the challenges of growth start to take effect. This means being proactive and planning ahead to avoid any potential pains associated with scaling up.

Similarly, when a Managing Director is approaching retirement, it is advisable to have an overlap period with the incoming candidate, allowing for a smoother transition and minimising any potential mistakes.

In the event of an unexpected departure, an Interim Managing Director can provide a valuable solution to help maintain continuity and stability while the search for a permanent replacement is underway.

By taking a proactive approach to succession planning and anticipating potential scenarios, a business can position itself for continued growth and success.

 

Reasons you might you need to hire a Managing Director

There are several situations in which a business may need to hire a Managing Director. Here are a few examples:

Growth and expansion: When a business is experiencing rapid growth or planning to expand into new markets or regions, hiring a Managing Director can provide the necessary leadership and expertise to manage the change.

Succession planning: If the current Managing Director is nearing retirement or planning to move on to another role, it's essential to have a plan in place to ensure a smooth transition of leadership. Hiring a new Managing Director in advance can help to minimise disruption and maintain continuity.

Change in strategy: If a business is shifting its focus or changing its strategy, it may need to bring in a Managing Director with a different skill set or experience to lead the change and drive the business forward.

Mergers and acquisitions: When a Financial Services business is involved in a merger or acquisition, it may need to hire a Managing Director to oversee the integration process and ensure a successful outcome.

Crisis management: In the event of a crisis or unexpected event that requires swift action, a business may need to hire an Interim Managing Director to provide immediate leadership and stability while a permanent solution is sought.

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How can Handpicked Managing Director HELP you?

Investing in a robust Executive Search service is crucial to ensuring that you attract and hire the best Managing Directors for your business. By partnering with us, we can help you stay on track and achieve your business goals.

Our Handpicked Managing Director service is designed to target exclusively the individuals who meet your specific brief, even if they are not actively looking for a new opportunity. For a small upfront cost and an attractive fixed fee, we can identify and engage with the top talent in the market on your behalf.

With over 23 years of experience in recruiting Managing Director-level roles within Financial Services, we have developed a process that effectively filters and identifies individuals that align with your requirements.

We take a tailored approach to every search, starting with a deep understanding of your business, culture, and objectives. This allows us to source, assess and present candidates who have the right skills, experience, and cultural fit to make a positive impact on your business.

Attracting and hiring the right Managing Director is a critical step in the success of your business, and we are committed to providing you with a recruitment service that delivers results.

 

Managing Director LinkedIn Live

 

 

5 Steps to Hiring Success

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