"BSG 2020" has been an epic year. One can only bold, italicize and underline that word this year, and still not offer it enough respect. As a sub-2 minute year-end send-off, here’s a video mash-up of some of the goings-on around the virtual halls of BSG and Talent Sequencing,
https://www.bostonsearchgroup.com/blog/2020-bsg-reflects-a-year-in-review.
For a deeper dive on the impact of the Coronavirus on executive recruiting and optimization, Covid created huge new challenges for our clients’ businesses. As we’re in the business of talent advisory services, questions bubbled up from our clients like:
Q: Can we run a search process, assess, and offer to a finalist candidate without ever meeting them in the flesh?
Q: If we DO hire a new candidate during Covid, they’re going to have to start “virtually.” And all of their onboarding will have to be done virtually. How are we going to be able to determine whether the new hire is getting traction with their team, delivering value, and feeling engaged and integrated into their new family?
Q: And in addition to new hires we’re looking to bring on, how can we know that our EXISTING company employees are alive and well in their new, more virtual company operating structure? How are teams shifted to remote workplaces faring now? Is our culture eroding or deteriorating with the whiplash change from pre-Covid working conditions to lockdown?
Q: If an individual executive, team, division or [gulp] the entire company is indeed suffering underperformance for any reason, what can we do about it?
All of these questions and answers stemmed from our belief that great “talent acquisition” is only one very important part of company success. In fact talent optimization is the real driver of performance, results, growth and achievement. We learned that we can drive talent optimization via in person as well as virtual tools, processes and people. And we surprised ourselves in 2020 in the strides our clients made in the face of unprecedented adversity.
Thanks to all of our clients for your trust and partnership in 2020. We all can hope that 2021 brings sunlight back to so many companies, people, and lifestyles that were darkened by the Corona Virus Disease of 2019 (it’s acronym now infamous as COVID-19, built from the first 2 letters of Corona Virus and the last 2 numbers of the year it emerged, 2019). An early toast to COVA 21 (Corona Vaccine 2021)!
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What did all of this take? We teamed up with a veritable "Who's Who" of talent and PE experts to coordinate the launch of a sister company as well as a suite of talent tools, we've been researching, developing and executing on all cylinders. As we close out 2020 and look towards the beginning of 2021, we have quite a bit to share with you.
This update is divided into the following sections for reading ease…
As a reminder, driven by the increasing adoption of BSG’s assessment tools & related search services, BSG spun them out into a separate entity. Now branded Talent Sequencing LLC, these services are able to be more broadly deployed on behalf of companies and noncompetitive search firms looking to improve their talent acquisition and optimization activities. Services included in Talent Sequencing offers include candidate assessment tools & technologies, search marketing services, & coaching services among others. Visit Site.
Wish to request an invitation or to be put on the mailing list for our exclusive PE events in the future? Email Julie Hart, Julie@BSGtv.com to request your seat.
Current Articles and Research around Private Equity:
The workplace, leadership and the middle market
Bloomberg Article: Fink Laments Eroding Corporate Culture in Work-at-Home Era: BlackRock Inc. Chief Executive Officer Larry Fink said he worries that working remotely results in a lack of productivity and collaboration.
“The most difficult issue for all of us is retention of a culture,” Fink said Thursday during a virtual conference hosted by Morningstar Inc. “Cultures were not meant to be done in a remote fashion.” READ MORE
BSG Talent Survey - Considerations from COVID-19
Interested in lessons on talent gleaned during Covid-19? Our Mid-Year Talent Survey took respondents to task on everything they experienced during the pandemic. We explored where companies stood before and during the pandemic and paid careful attention to where we're going, from future hiring trends to expectations regarding future flexibility in the workplace. Review our findings here.