Executives Rely Most On Networking For Hires

Jan. 13, 2005
Executives rely most often on their associates when looking to fill senior-level jobs, ranking executive search firms and human resources departments as second and third most important, respectively. Executive career-management Web site ExecuNet.com ...

Executives rely most often on their associates when looking to fill senior-level jobs, ranking executive search firms and human resources departments as second and third most important, respectively. Executive career-management Web site ExecuNet.com conducted the survey of 107 U.S. executives, 70% of whom have hired more than 20 senior managers. "Executives turn to their networks first because personal recommendation and referral is the most trusted source of talent," says Dave Opton, ExecuNet.com CEO and founder. "Networking requires time and energy, but it's without a doubt the most effective career-management tool available." The survey also found:

  • 56% of executives review fewer than 25 resumes for each opening, while 28% review 25 to 50; and 16% review more than 50.
  • 86% do not trust resume content to be truthful.
  • 69% of companies interview between four and six candidates.
  • In most cases, hiring is done by committee.

Popular Sponsored Recommendations

Digitally Transforming Data and Processes With Product Lifecycle Management

Oct. 29, 2023
Manufacturers face increasing challenges in product development as they strive to consistently deliver improved results. Discover how industry leaders are improving time-to-market...

2022 Year in Review: Ransomware Targeting Manufacturers Worldwide

June 28, 2023
Did you know that ransomware attacks on industrial infrastructure organizations nearly doubled in 2022?

Process Mining For Dummies

Nov. 19, 2023
Here it is. Everything you need to know about process mining in a single book, written in the easy-to-understand, hard-to-forget style that ‘For Dummies’ manages so effortlessly...

You Cannot Stay Competitive by Bolting New Technologies to a Legacy ERP

Oct. 20, 2023
Read this white paper to understand the benefits of shifting to a next-generation ERP system as part of a DOP.

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!