20/20 Foresight Launches ESRA
September 11, 2024 – 20/20 Foresight Executive Talent Solutions has launched of Executive Search Research Assistant — known as ESRA — a proprietary technology developed by the firm that improves candidate identification and research process. A cornerstone of any successful executive search firm is the ability to efficiently and accurately identify both active and passive candidates and match them with the right opportunities, 20/20 Foresight explains. Traditionally, the firm says that this has been a highly manual process, and it remains so for most firms in the executive search industry. “ESRA’s technology automates the candidate identification process, enabling consultants to access a broader pool of candidates and ultimately present clients with more highly qualified individuals for every search,” 20/20 Foresight said.
“At the core of our strategy are significant investments in digital innovation designed to enhance our clients’ experience,” said Robert Peck, president of 20/20 Foresight. “ESRA is the latest example of this commitment. By automating the candidate identification process, we not only boost the efficiency of each search, but also free our consultants to concentrate on more strategic tasks, such as evaluating candidates’ expertise and cultural fit. As a result, this advanced technology strengthens our ability to deliver top-tier talent, ultimately adding significant value to our clients’ organizations.”
“With ESRA, we will continue to seamlessly blend cutting-edge technology with the personalized, white-glove consulting experience our clients have come to expect,” said Bob Cavoto, co-chairperson and chief executive officer. “ESRA will not only enhance our high-touch approach, but also empower us to deliver even greater value and insight with every engagement. This is just one of the many ways we are committed to staying at the forefront of the executive search industry.”
Formerly known as 20/20 Foresight Executive Search, the firm recently rebranded to 20/20 Foresight Executive Talent Solutions. This name change represented the culmination of the firm’s evolution into a full-service, vertically integrated talent advisory firm. In 1994, 20/20 Foresight Executive Search was founded as a real estate-focused executive search firm. Over the last 30 years, it has grown to include 13 offices across the U.S.
Broadened Industry Focus
“We developed unsurpassed expertise in the real estate sector and grew into the largest real estate executive search firm in the country,” said Mr. Cavoto. “We are proud of this achievement, but we do so much more. We have broadened our industry focus to encompass financial services and professional services and expanded our platform to offer a comprehensive suite of talent advisory services.”
Related: 20/20 Foresight Acquires Saenger Associates
The firm’s new platform includes three core services. 20/20 Foresight will continue to provide executive search services. It has also been ranked as one of the “Top 50 Recruiters” by Hunt Scanlon Media. With a suite of consulting services, 20/20 Foresight will continue to help organizations manage their human capital and create an infrastructure that supports their business strategy. Services include compensation consulting, succession planning, board advisory, organizational design, executive coaching, leadership assessments, and litigation consulting. Lastly, 20/20 Foresight offers a comprehensive job finding program for select, highly qualified executives. From career strategy to offer negotiation, 20/20 Foresight manages the entire job search process.
20/20 Foresight Launches Cloud-Based Client Portal
20/20 Foresight Executive Talent Solutions has launched 20/20 Foresight Client Hub, a first-generation cloud-based client portal that will allow for improved collaboration, transparency, and efficiency throughout the search process. “The 20/20 Foresight Client Hub is unique in the search industry, furthering 20/20’s mission to be the most tech-forward executive search firm in the U.S. and the first to be 100 percent paperless,” the search firm said.
“We are tremendously excited for this next phase of our journey,” said Stephanie Cook, co-chairperson and chief administrative officer. “Over the past 30 years, our proven approach has consistently yielded successful outcomes and cultivated lasting client relationships. With our enhanced platform, we stand ready to support both our existing clients and new ones, addressing all of their executive talent requirements.”
“One of 20/20’s great strengths is that our consultants are industry experts,” said Mr. Peck. “They are all former business leaders who possess invaluable insights that set us apart from other talent advisory firms. Our new leadership team will ensure that our clients continue to receive this expert guidance and the high-touch experience they have come to expect.”
Related: 20/20 Foresight Appoints Washington, D.C. Office Leader
Contributed by Scott A. Scanlon, Editor-in-Chief and Dale M. Zupsansky, Executive Editor – Hunt Scanlon Media
