Young Search Partners Carves Out New Services and Markets For Retained Executive Search
TAMPA, FL — Although many companies put recruitment initiatives on hold during the past few years, the “War for Talent” never really went away, according to executive search expert Katherine Young, Manager Partner, & President of Young Search Partners, LLC.
“Not only is the talent war still with us, but it’s escalating. Organizations have slashed their internal recruitment capabilities while the need for high caliber talent still remains to be a critical necessity for organizations, especially for those organizations that are being strategic about talent management. ,” Young says. “There is no question that the caliber of talent that is in transition today has dramatically improved but my clients are still also seeking the best and the brightest “passive talent”. These candidates are well engaged in their current jobs but are still ambitious about managing their careers and very receptive to a call from me. This is the perfect opportunity and market conditions for senior leadership in organizations to thoroughly assess their talent needs and then partner with a search firm to find the best of the best.”
Young calls this process “top grading” – meaning that organizations conduct full scale talent assessment initiatives to identify marginal as well as high performers and then upgrade their talent to replace low and marginal performers. “Often this means retaining my firm to conduct searches that are typically national in scope because the best talent may not be in their ‘backyard’ – something most organizations simply don’t have the time and resources to handle,” she says.
In the past, these type of search initiatives were reserved for senior executive positions, with national searches conducted for these mission critical hires. Young Search Partners has established a new niche, adding mid-level positions to the retained search model and customizing billing to be more flexible and accountable. Young says “At the end of the day, my clients want to see results, and rely on me to recruit quality talent on a shorter time line. It is a ‘pay for performance’ model that ensures results.”
It’s not surprising that Young developed this model. After spending more than 20 years in the Talent Management and Recruitment sectors, many of which were with the worlds largest global search firms, she decided to follow her entrepreneurial instincts to establish a boutique executive search firm that combined the quality of retained search with a more customized and flexible search model that is very unique to the world of retained search .
“I consider it the ‘perfect storm’. It was an ideal opportunity to leverage my years of experience with the irresistible draw of entrepreneurism,” she says. “With the encouragement of my clients, I know now more than ever that it is all about relationships and the power of your network. You are the Brand and that’s what my clients believe in and hence entrust in me to partner with them to find stellar talent. They know I’m passionate about what I do and will work very hard to exceed their expectations.”
Prior to founding Young Search Partners, Young was Director of the Retained Search division for Hudson Highland Group and a principal with Korn Ferry International, working across industry and functional roles. She also served as Managing Director with Right Management Consultants and Senior Vice President with Lee Hecht Harrison, consulting with CEOs about retention and performance coaching initiatives. A native of Connecticut and graduate of Ohio Wesleyan University with a bachelor’s degree in Psychology, Katherine has been in Tampa Bay most of her 24 years in Florida and has served on several boards including Big Brothers Big Sister, the Workforce Development Council of the Greater Tampa Chamber of Commerce and is a 2005 graduate of Leadership Tampa.
About Young Search Partners
Young Search Partners is a boutique executive search firm uniquely positioned to provide highly customized and laser targeted search solutions. Our approach is as unique as the companies that retain us and the talent we source. Our size makes us agile, responsive and attentively poised to assist our clients as they face an ever changing business landscape. We don’t just take on “search assignments”, we embrace a true business partnership that is built from long standing relationships, trust and integrity. We look at every search with a fresh lens and as a unique opportunity to align the right person with the right opportunity.
Katherine Young formed Young Search Partners -Executive Search in 2009 with over 20 years experience in the executive search industry, previously as Director of the Retained Search Division for Hudson Highland Group and prior as a Principal with Korn Ferry International.
To learn more about Young Search Partners visit our website at : www.youngsearchpartners.com
Managing Partner & President