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The Director Search platform augments legacy search practices but gives corporate boards, companies, private equity firms, venture capital firms, and hedge funds (Subscribers) direct control of the director and executive search process and direct access to the backgrounds of its 2 million Members on a 24/7/365 basis.
Director Search is the next generation executive search platform. The platform’s 2 million Member records are updated daily and each is assessed for qualifications, conflicts, and board affiliations on every search request. The platform is consistent, thorough and unbiased; and it never sleeps.
Director Search demystifies the search process and makes director and executive search an open, transparent, fully accessible process that is faster, better, continual, and much less expensive; an unlimited number of searches may be conducted for an annual subscription fee. As may be seen in the Platform Statistics, the platform brings together the global market participants – the approximate 650,000 corporate directors and senior executives of public companies – that control much of the world’s capital and investment decisions. The platform has the same data on over 60,000 directors and executives at private companies with annual revenues of $100 million or more.
Subscribers can customize the search engine and search for candidates on a confidential and continual basis across many qualifications criteria, including company participation in global market financial indices. Multiple searches may be left “open” so the platform can continually match candidates to a Subscriber’s search criteria and provide daily alerts to changes in potential candidates or their status. Time is a board’s friend when looking for directors and the platform supports long periods of candidate consideration while also providing up-to-date qualified candidates and data.
When searching for directors, all conflict checking is handled by the platform as each Subscriber can customize the search engine with respect to candidate affiliations with competitors, suppliers, customers, other conflicted companies, and companies that share primary and secondary industry characteristics. The platform also checks for candidate affiliations with existing board members to help with the big issue of “cultural fit.”
Subscribers also may benchmark corporate boards and a company’s executive team to assess their competitive stance, since board, company and any of the 2 million candidate profiles can be displayed with a simple click.
Since the platform is interactive, a Subscriber can play “what-if” with the search criteria and immediately observe the effect on the candidate list as search criteria are varied and the candidate list is refined. The Board Profile of each candidate is immediately displayed with a click so Subscribers can make an initial decision whether to retain the candidate for further review. Each candidate list can be refined, sorted, winnowed down, and saved for further review, with daily notifications of any changes to candidates or their status.
Subscribers finally have a tool to immediately initiate a search and, if they choose, watch and consider potential director and executive candidates over time, knowing the candidate list and data always are current. The Director Search platform has perfected the search and candidate identification process as its data is updated daily and each Subscriber can customize the search engine for candidate qualifications, conflicts and affiliations.
Assessment of candidates for interest and “fit” still need to be made by the Subscriber or third-party firms but the platform has: solved the difficult candidate identification piece of the puzzle; and enabled continual candidate searching and updating to support the director and executive succession planning work of its Subscribers.
The Director Search platform demystifies the search process and allows Subscribers to interactively identify and consider qualified director and senior executive candidates who are outside of their network.