The last few years have been turbulent for all companies; a pandemic, geopolitical conflicts, the rise of AI; The list goes on. The VUCA world just became more VUCA! Having the right leaders onboard, that can navigate and pilot their organisation through and beyond, has never been more critical. This more complex environment for leaders makes selecting and developing the right leaders even more difficult. In fact, research show that only 40-60% of all leader appointments are successful1. Organisations therefore need to establish reliable, proven and accurate methods to select and develop Leaders, so they can navigate this new reality and outperform. The world of Executive Search and Recruitment is changing. Clients demand more than a strong slate of candidates; they need reliable advice about leadership.
At Mercuri Urval (MU), more than 90% of the Leaders we place for clients are successful. That is significantly higher than the industry norm of 40-60%.
In fact, being able to offer Industry Leading Success Rate is one of the cornerstones of our Employee Value Proposition (EVP). But what does this actually mean, and how does it matter to us who work at MU?
In the Working at MU article series, we will introduce you to how our EVP forms an underlying part of our Client Value Proposition. In this article, we focus on our Industry Leading Success Rate.
Built to Last| Industry Leading Success Rate | For the Extraordinary | Opportunities without Limits
Our internal survey data show that being able to offer Industry Leading Success Rate to our clients, is one of the main reasons colleagues stay so long in MU. To continually grow and improve as Experts.
While we are proud of our industry-leading success rate, it’s our ongoing commitment to improving it, that provides real value to our team. Our MU Research Institute (MU RI) works on improving every part of our services, and to ensure a scientific underpinning. A commitment to the scientific method is a commitment to evidence-based decision making, best practices and continuous improvement. And it means understanding and deploying the latest emerging technologies and AI.
As a colleague in MU, having Industry Leading Success Rate means being backed up by science and a research institute, being able to offer our clients better advice and better outcomes. But most of all it means that we are learning and improving all the time.
Individual sector expertise and strong professional connections are vital in our industry. However, as members of the MU team, it is equally important to become certified experts in our methods and tools. We offer comprehensive onboarding and training programs, while our MU Research Institute develops certifications to ensure that both new and existing colleagues uphold the quality we promise to our clients. This represents a strategic investment that supports our high success rate. Moreover, our commitment to the scientific method keeps us open to new evidence, prompting us to adapt our approaches in light of emerging research. This means we are prepared to re-learn and evolve as new advancements arise.
As an additional benefit, in MU you can be trained in our Advisory Services and support clients with Leadership Development services such as Team Coaching, Organisational Analysis and Development, Board Analysis, Leadership Coaching and more.
As a colleague in MU, having Industry Leading Success Rate means we all must be intellectually flexible and curious - always open to learn and re-learn.
Applied science in professional services means that services are proven, tested and validated to work as they say they will. In MU, we have therefore established ways of working for all our core services that are proven, tested and validated by our MU Research Institute as well as external audits. Colleagues are trained, certified and re-certified, meaning we all work within the same framework and methodology. Besides the obvious quality benefits, this also means international collaboration is smooth, and that we can form client centric teams with any colleague in the world, because we all work the same way. For internationally oriented colleagues and international companies, this is a true asset.
For MU colleagues, having Industry Leading Success rate means that can deliver better value to our clients that are proven to work – worldwide. We are proud to offer industry leading success rates, we are learning and improving all the time, we offer the highest standards of professional advice across a range of services.
Are you curious about a global career at MU? Read more at our a career at MU page and reach out to Robin Karlestedt, EVP Global Talent Acquisition and Partner.
1. Kiefer, K., Martin, J. A., & Hunt, R. A. (2022). Multi-Level Considerations in Executive Organizational Transfer. Human Resource Management Review, 3 (1)