Hiring the right executives is significant and crucial for the success of any organisation. When we talk about the dynamic and fast-paced business environment of Gulf countries such as the United Arab Emirates (UAE), the executive search comes with many challenges. UAE is the global hub of international business, and as such, business opportunities are in abundance. Make no mistake, the environment here is equally competitive. UAE has its own unique and diverse culture, with Emiratis and expatriates from all around the world at the forefront of global business.
As such, organisations require utmost attention to hiring the right executives to succeed in this environment. Since the space for errors is near to none, experience becomes an invaluable asset. As such, organisations offering executive search services such as RFS HR Consultancy.
While finding the right talent for any organisation is important, the stakes are much higher when it comes to hiring the right executives. A leader’s vision, innovation, and drive are what make a company successful.
“A leader is one who knows the way, goes the way and shows the way.” —John C. Maxwell.
If there is anything to take home from this adage, it is that finding a good leader or the right executive is of utmost significance for any business. Finding the right talent and the right fit is an immense task and in this blog, we will tell you about 8 tips for hiring the right executives and also deal with challenges in the UAE.
Table of Contents
Tips for Hiring the Right Executives
Pay Heed to Local Culture and Market
We initially talked about the unique culture of UAE because it mostly has a very diverse workforce with a mix of locals and expatriates, each one bringing distinct perspectives. So one of the first steps in hiring the right executives is to completely understand the market here. Comprehensively understanding the business environment in this country, getting to know the major players and industry trends.
Most of the UAE’s success can be attributed to its massive oil reserves, its geo-economic location, and the government’s ambitious plan to foster economic growth in the region.
If you want your business to succeed, you would have to partner up with native consultants like RFS HR who have been leading the executive search services in UAE. Not only that but we have an in-depth knowledge of the market and culture in UAE.
Utilize Executive Search Services in the UAE
Finding a good leader isn’t like recruiting low or even mid-level employees, the right executive is important for the organization because it is a seat of power that can make or break your business.
As we discussed before, there is no space for making mistakes in this process and that is why your organization must seek professionals in the recruitment industry such as RFS HR Consultancy who offer the best executive search services. We specialize in identifying and attracting top talent that would be the right fit for your company.
Because we have vast networking in the Gulf industry, access to a large pool of candidates including those who are not actively looking for jobs. For instance, given our experience, we know where the top-tier talent is working and can attract those as well for your organization.
Using Technology in the Right Executive Search
Making the best of modern technology in searching for the right executives is pertinent. Technological tools in the recruitment industry have made executive search services more accurate, efficient and effective.
Whether it is using recruitment tools like Applicant Tracking Systems, digital pre-screening through verbal and nonverbal tests, or online interviews – technology can streamline the entire executive search service.
Systems like the Applicant Tracking Systems (ATS) help manage and track enormous candidates’ data throughout the hiring process. In the past, companies couldn’t do such a thing. Furthermore, AI-powered screening of recruits can identify and screen those candidates who match the job requirements.
Similarly, software tools like Zoom and Google Meet enable companies to conduct interviews and assess the right executives from around the world, saving so many resources and time.
Legal Considerations and Compliance Issues
Countries like the UAE, especially Dubai, have distinct labour laws and regulations and that is why it is significantly important for brands and companies to be well-versed in them when searching for the right executives. This step can be challenging for a lot of companies and organizations and that is why opting for third-party professionals such as RFS HR Consultancy is a good step because of their vast experience in dealing with UAE hirings.
Employment contracts, residency visas and other legal requirements are all examples that companies need to pay heed to during the right executive search for their company.
Cultural Assessment
A company’s culture is by far one of the most important factors in hiring the right executive because at the end of the day, it all boils down if the executive is a good fit in your company’s culture or not.
The fast-paced business environment of the UAE means the right executive must be highly competent, innovative and ambitious.
That is why before hiring the executive, there must be a thorough assessment of the potential new talent if they will thrive in the company’s business culture.
That could also be assessed through their references and this is where industry-leading professionals like RFS HR Consultancy come into the foray.
We get in touch with those who are deeply familiar with their capabilities, performance and personality.
And it becomes our duty to critically analyse if they can become a right fit at your company. According to this study, 90% of employers say a good cultural fit is very important in hiring a new employee.
Effective Screening and Hiring
Hiring the right executives involves more than just reviewing resumes, and screening and interviewing the talent. Because the right executive can either make the company successful or if a bad fit – unsuccessful.
Thorough assessments can help ensure that recruits have the absolute perfect skills, motivation, and drive to work in the role required by your company.
Behavioural interviews, psychometric testing and other ways exist to properly assess the candidates for the job.
Excellent Onboarding strategies
We’ve discussed the pre-requisites of hiring the right executive but this is only the beginning. Good onboarding and retention strategies are crucial for your organisation in order to ensure the effective integration of new executives.
This is the key to success for any business. Comprehensive orientation that provides the executive with your company’s mission, goals and values. Offering meaningful salary and equity investments along with the opportunity for growth in the company makes the executives feel fulfilled.
Research by Brandon Hall Group found that organisations with a strong onboarding process improve new hire retention by 82 per cent and productivity by over 70 per cent.
Regular performance reviews are needed to recognise their achievements and foster a culture of engagement to make them feel like a part of the company.
Considering employee turnover costs, you need to put onboarding at the centre of your HR strategies.
Conclusion
At the end of the day, it’s a fact that a bad executive hire can have bad repercussions leaving a last impact in your organization. That is why help must be sought for hiring the right executives at your company. Whether it is analyzing the local culture and market trends, navigating local rules and regulations of the country, assessing the right fit according to culture or utilising technology in hiring the right executive for the job.
We at RFS HR Consultancy take pride in diligent research, meticulous planning and taking each step with extreme caution so that your new hire is in for the long haul.
