Executive Recruiting Blog

EFL Associates insights on executive recruiting, talent management and succession planning.

December 9, 2016
For several reasons in the late 1990s, the banking industry began reducing its reliance on in-house training programs. Banks found that their investment in staff training was delivering little advantage because newly trained employees were quickly moving on in pursuit of higher salaries. Banks were asking “What if we spend the money on training and they leave?” without considering the real question, “What if we don’t train them and they stay?” This mindset had an impact on the credit analysis function that tended to be the training ground and feeder system for a bank’s commercial lending talent pool.

December 8, 2016
Unexpected leadership vacancies affect every industry, but with not-for-profits they can be particularly burdensome because they may highlight an organization’s budgetary restrictions, weaknesses in its compensation strategy and larger questions about its retention ability.

November 28, 2016
A preliminary injunction on the revised overtime exemption rules was issued by a federal court in the Eastern District of Texas on November 22, 2016, just eight days short of the December 1, 2016 effective date. The temporary injunction delays the enactment of the new rules pending further order of the court, but does not do away with the overtime rule.

November 11, 2016
The war for talent is on and is hot. In any organization, the CFO is paramount – oftentimes he/she is the closest and most trusted advisor to a CEO, a board of directors or an ownership group. Accordingly, any turnover in the CFO position is a crisis of the highest order. What can a firm do to retain a valued professional in this role?

September 28, 2016
Boards of directors, revenue generation, and community interfacing make not-for-profit management unique. Not-for-profit Chief Executive Officers (CEOs) and Executive Directors must balance mission objectives with an ever-more challenging economic reality while serving as the face of the organization to potential donors and the population the organization serves.

September 9, 2016
Regardless of industry, all mergers are complex initiatives and the banking sector is no exception. Understandably, all parties are laser-focused on financial and operational matters. Teams are deployed to address issues related to clients, systems, service line congruencies (or lack thereof), litigation matters, market overlaps, synergistic opportunities, vendor relationships, tax issues and the like.

September 8, 2016
C-suite executives are failing, according to a study by Harvard Business Review that analyzed failure rates of C-suite executives over a 10-year span. In fact, the failure rate is as high as 56 to 75 percent, depending on the executive’s position.

November 19, 2015
As our higher education executive recruiting practice helps institutions across the country identify, vet and select leaders, they are often asked “what keeps presidents up at night?” when conducting executive searches for new presidents and chancellors.

November 10, 2015
Colorado State Demographer Elizabeth Garner delivered an insightful presentation on Denver’s workforce at EFL Associates’ Executive Briefing Breakfast in September.

October 20, 2015
Executive recruiter Angie Salmon weighs in on the psychology behind acclimating to a different cost of living.

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