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<strong>Talent</strong> services<br />

Supporting in-house talent management


Contents<br />

Supporting in-house talent management 4<br />

<strong>Talent</strong> mapping & intelligence 6<br />

<strong>Talent</strong> acquisition 7<br />

Strategic talent planning 8<br />

Interviewing 9<br />

Formal & informal referencing 10<br />

Salary surveys 11<br />

Psychometric assessment 12<br />

International experience 14


Supporting in-house talent management<br />

Approaches to talent planning, acquisition and management have<br />

evolved rapidly, driven by a renewed focus on the value of talent and the<br />

dramatic rise in its importance on the corporate agenda. Old and inflexible<br />

recruitment models are being replaced with new talent management and<br />

acquisition strategies, guided by companies’ business development plans.<br />

Coupled with a strong desire for cost savings and the new abilities of<br />

social media, these changes have resulted in the growth of in-house direct<br />

sourcing and executive search teams offering greater responsiveness and<br />

synergy with company objectives.<br />

Research Europe has a solid track record of<br />

supporting businesses in finding exceptional talent.<br />

Along with our core services – talent mapping<br />

& intelligence, talent acquisition and strategic<br />

talent planning – we offer a number of<br />

ancillary services: interviewing, formal & informal<br />

referencing, salary surveys and psychometric<br />

assessment.<br />

We work across a diverse range of industries,<br />

from media and online to professional and<br />

business services, retail and consumer to<br />

energy and transport.<br />

We have developed experience in almost every<br />

type of job function, from board executives and<br />

non-executives to product marketing directors,<br />

heads of investor relations, engineers and<br />

strategy consultants.<br />

Research Europe is highly international. We have<br />

worked across more than a hundred countries<br />

globally, and our team includes fluent linguists<br />

to assist in penetrating markets where English<br />

is not always widely-spoken, such as the former<br />

Soviet Union or Brazil.<br />

4 5


<strong>Talent</strong> mapping & intelligence<br />

<strong>Talent</strong> acquisition<br />

Before investing in a talent search which can<br />

be time-consuming and costly if done ‘blind’,<br />

companies often wish to gather intelligence on<br />

available talent in the market. Mapping of talent<br />

is increasingly used as a strategic tool by human<br />

resource departments who supplement short-term<br />

headcount needs by ongoing talent intelligence.<br />

Research Europe maps talent in companies by<br />

identifying organisational structures and reporting<br />

lines, names and job titles, key information about<br />

individuals’ experience, skills, education and<br />

contact details. With this information, Research<br />

Europe can advise businesses on where the<br />

most relevant talent lies in advance of any<br />

recruitment activity.<br />

Understanding how rival firms structure and<br />

organise themselves is valuable to both business<br />

planning and talent acquisition. Not only does<br />

this intelligence provide firms with insight into<br />

how competitors operate, but it allows them to<br />

benchmark themselves against other firms in<br />

terms of measures such as gender diversity.<br />

Case study – hiring new talent for a private bank<br />

An international private bank based in Geneva planned to diversify its client base of high-networth<br />

individuals, to dramatically increase its total assets under management and to attract<br />

bigger investors. To do this, they wanted to hire relationship managers from different jurisdictions<br />

who could bring in richer and more diverse books of clients. In an extensive search lasting<br />

several months, Research Europe hunted for appropriate relationship managers in private banks<br />

in locations as diverse as Luxembourg, the Middle East, the Caribbean and the Channel Islands.<br />

As a result of our work, the bank was able to hire private bankers who introduced significant new<br />

assets and more profitable clients.<br />

Case study – talent intelligence for a music label<br />

A global music label headquartered in New York wanted to understand how its two major<br />

competitors structured their digital music divisions, and how they allocated headcount to specific<br />

functions. Research Europe researched and supplied a comprehensive map of the entire digital<br />

divisions of the competitor businesses, which revealed in detail their divisional and functional<br />

structures. Furthermore, we were able to map all the individuals working within these divisions,<br />

show the reporting relationships between them and supply career profiles for key managers.<br />

This valuable information was used by our client for competitor intelligence, resource planning<br />

and talent acquisition.<br />

Headhunting external talent relies on a strong<br />

approach, engagement and advocacy, followed<br />

by rigorous assessment and qualification.<br />

We offer a proactive, structured and<br />

thorough service which involves:<br />

• Understanding the talent specification and<br />

requirements via a detailed briefing<br />

• Researching and compiling a company target list<br />

• Mapping of potential candidates via telephone<br />

and online research<br />

• Sourcing industry networks to gain referrals<br />

of other potential candidates<br />

This is followed by:<br />

• Proactive and discreet approach of<br />

potential candidates<br />

• Detailed qualification of candidates via<br />

phone interviewing<br />

• Compiling a longlist or shortlist<br />

of qualified candidates<br />

• Coordinating interviews with the appropriate<br />

talent manager or line manager<br />

Our output for a typical assignment<br />

comprises of:<br />

• A structured research report, detailing<br />

candidates and sources identified, the outcome<br />

of conversations with them and the status of all<br />

potential candidates<br />

• CVs/resumes for candidates who wish to be<br />

considered and who are sufficiently qualified<br />

to proceed<br />

• Candidate reports for candidates we have<br />

telephone interviewed, showing how their<br />

skills, experience and qualifications align with<br />

the selection criteria relating to the position<br />

Research Europe offers a professional and<br />

experienced team to support in-house talent<br />

acquisition teams. We act as a discreet and<br />

intelligent intermediary whilst providing a fully<br />

flexible fee model.<br />

6 7


Strategic talent planning<br />

Interviewing<br />

Succession planning is an important strategic<br />

activity for any company with a desire to secure<br />

its future talent pipeline and reduce the risk and<br />

disruption caused when key people resign, retire<br />

or otherwise leave the organisation. Strategic<br />

talent planning enables organisations to actively<br />

reach out to and engage external talent, building<br />

communities and brand understanding with the<br />

best operatives in the industry.<br />

These pools of talent become a go-to source for<br />

new and replacement hires that can be planned<br />

ahead of need. Not only does this reduce costs and<br />

time to hire, but it improves business continuity and<br />

can also be used in a targeted way to overcome<br />

skills shortages or improve diversity. Research<br />

Europe provides comprehensive ongoing talent<br />

pooling, pipelining and talent services.<br />

Research Europe offers professional, intelligent,<br />

structured and thorough interviewing capabilities,<br />

with the format of the interview – and its subsequent<br />

report – agreed in advance with the client.<br />

Our interview reports are objective, pertinent,<br />

well-written and clearly argued and can assist<br />

clients greatly in selecting candidates.<br />

Research Europe consultants can interview<br />

candidates anywhere in the world, and have<br />

conducted interviews on behalf of clients throughout<br />

the UK, Europe, North America, the Caribbean,<br />

the Middle East and Asia.<br />

We can interview on-site at our clients’ offices.<br />

We also have excellent interviewing facilities at<br />

our offices in Boundary Row and Heddon Street,<br />

in central London.<br />

Case study – future talent and succession<br />

planning for a leading professional services firm<br />

The senior partner running the UK tax advisory practice of a global professional services business<br />

had a strategic plan to increase the number of partners and directors across the UK, and invest in<br />

talent in UK regions in which the tax practice had not traditionally been dominant. Alongside this,<br />

the senior partner wanted a succession plan for certain revenue winners within the practice who<br />

were not performing as well as expected, or who were due to retire. Research Europe carried out<br />

extensive mapping of competitor tax firms, and profiled individuals who were likely to be attractive<br />

to our client for an ongoing talent acquisition plan. In addition, we conducted due diligence and<br />

informal referencing in the marketplace, on both the customer and supplier side, to reveal who<br />

was considered ‘top talent’. Working alongside her in-house executive search team, the senior<br />

partner was able to use these ‘talent pools’ to bring forward high-calibre candidates to interview<br />

for partnership roles for a newly-created office in the South-East of England.<br />

8<br />

9


Formal and informal referencing<br />

Salary surveys<br />

Formal referencing is often required once an offer<br />

has been made to and accepted by a candidate.<br />

Research Europe offers structured, formal<br />

referencing with named referees and can rapidly<br />

produce clear, concise and pertinent reference<br />

reports following an offer of employment.<br />

Informal referencing is highly-valued by the<br />

potential employer. It involves taking discreet<br />

and usually confidential soundings from<br />

industry peers or stakeholders of the employee.<br />

The candidate does not nominate the referees,<br />

and the confidential nature of the exercise normally<br />

means the referee is more open and forthcoming<br />

about the candidate. Informal referencing is<br />

commonplace, and particularly valuable when<br />

making very senior or sensitive hires.<br />

When a company recruits in a new geographical<br />

territory, for a newly-created function or hires<br />

global talent, it is valuable to benchmark salary<br />

levels to better inform salary negotiations.<br />

Research Europe offers tailored salary surveys<br />

across a wide range of functions and industries,<br />

and with our international reach and experience<br />

we can offer this as a worldwide service.<br />

We use a combination of publicly-available<br />

information and direct approaches to – and<br />

interviews with – industry peers, employers<br />

and industry experts.<br />

Research Europe’s salary surveys are bespoke,<br />

proactive, highly relevant and up-to-date. We rely<br />

on fresh research, and do not use generic,<br />

archive data.<br />

Case study<br />

A private equity group which owns an international retail business operating in more than thirty<br />

countries planned to hire a new CEO and CFO for that business. At the same time, the investors<br />

were reviewing the headquarters location of the retail operations. Four locations were under<br />

consideration – the US, the UK, South Africa and Australia. Research Europe combined desk<br />

research, networking and telephone interviewing to produce comparative CEO and CFO salary<br />

data within similar businesses headquartered in those four territories. This research informed the<br />

remuneration level set for the new executives, and influenced the decision on where to search for<br />

and locate them.<br />

Case study<br />

An international diversified media group planned to promote an internal candidate to a divisional<br />

chief executive post. Before doing so, the board wanted to gauge the potential reaction of the<br />

market, yet avoid industry gossip. Research Europe took discreet soundings from senior executives<br />

within suppliers, partners and customers of the group – and from industry peers. The confidential<br />

referencing supported the promotion of the internal candidate and the appointment was made.<br />

10 11


Psychometric assessment<br />

Psychometric assessments are tests, exercises or<br />

questionnaires, designed by psychologists which<br />

measure the cognitive, behavioural or personality<br />

traits of an individual.<br />

Using psychometric assessments can remove<br />

bias from the recruitment process and facilitates<br />

decision-making on the basis of psychological<br />

evidence. For the best outcomes, psychometric<br />

assessments should be combined with standard<br />

recruitment tools, such as interviews and<br />

referencing.<br />

Research Europe offers a wide range of market<br />

leading psychometric assessments to evaluate<br />

both ability and personality.<br />

We collaborate with clients to identify the most<br />

appropriate assessment for any given situation.<br />

Research Europe’s psychometric<br />

assessors are:<br />

• Trained to the British Psychological Society<br />

(BPS) Level A & B standard, qualifying<br />

them to administer both ability and<br />

personality assessments<br />

• Registered on the BPS’s Register of<br />

Qualifications in Test Use (RQTU) –<br />

the official record of all test users who<br />

have been awarded qualifications in<br />

occupational test use<br />

Detailed descriptions of the assessments<br />

offered by Research Europe can be found in our<br />

separate brochure Psychometric Assessments.<br />

Assessment facilities<br />

Most assessments are administered online. However, certain timed ability tests require supervision<br />

in a controlled environment. Research Europe off ers comfortable and quiet assessment rooms at<br />

its offices in central London for such assessments.<br />

12<br />

13


International experience<br />

Language capabilities<br />

Research Europe offers a global service. Since<br />

we began trading, we have developed a vast<br />

amount of international experience, across Europe<br />

and beyond.<br />

Examples of international projects we’ve<br />

completed are:<br />

• Helping a Scandinavian multimedia business<br />

research and hire talent within Russia<br />

• Gathering market and company intelligence<br />

within Ghana for a power generation company<br />

• Researching executive salary data in Europe,<br />

South Africa and North America for a global<br />

restaurant business<br />

• Sourcing senior HR talent in Europe for a South<br />

African listed company<br />

• Identifying and qualifying high-flying Indian<br />

national candidates on behalf of an Indian<br />

corporation wanting to ‘repatriate’ talent<br />

• Helping an Australian public sector organisation<br />

identify and source digital product development<br />

talent in Europe<br />

• Sourcing Asian and Islamic art specialists in<br />

North America, Europe, the Middle East and<br />

Asia for an Irish cultural institution<br />

Because we are often looking for niche skills,<br />

it is not unusual for a project to include multiple<br />

countries, sometimes across three or four<br />

continents.<br />

Our team includes linguists to assist in penetrating<br />

markets where English is not always widely<br />

spoken, such as the former Soviet Union,<br />

francophone Africa or parts of Latin America.<br />

We employ researchers fluent in the<br />

following languages:<br />

• French<br />

• German<br />

• Spanish<br />

• Portuguese<br />

• Italian<br />

• Russian<br />

14 15


Research Europe Ltd.<br />

2-6 Boundary Row<br />

London<br />

SE1 8HP<br />

Tel: +44 (0)203 714 3880<br />

Email: md@researcheurope.co.uk<br />

researcheurope.co.uk

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