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Engineering Executives Vie To Lead Private Equity Assets
April 8, 2020
Private equity continues investments in engineering companies. Whether buying firms as wholly owned assets or in part ownership, these venture capitalists are approaching firms with a multitude of proposals. Their growing role in the consulting engineering industry is welcomed to many firm stakeholders as infrastructure federal funding continues to lag.
Starting in the early 2000's, firms engaged with outside funding to enhance growth either in new sectors or locations. An influx of capital permitted companies to become a base to “bolt on” other companies through mergers/acquisitions. Existing leadership teams were retaining their roles. Today, current company leadership teams are either not interested or unprepared for the rapid growth desired by the new stakeholders and are often finding themselves sidelined from the "C" suite.
The Metzner Group, LLC has received a number of “C” level searches for investors and have found that key industry executives are eyeing these platforms as an opportunity to join for a 3-5 year term and guide growth. It offers them the excitement and challenge of a new opportunity with the potential to (in some cases) purchase their efforts when their contracts expire.
Is this the new industry standard? Thoughts?
The Metzner Group Blog
Being ethical is critical in executive recruitment. An ethical executive recruiter recognizes that their role goes beyond merely filling a position; it is about building meaningful relationships and ensuring the match between candidate and company is genuine and beneficial. This approach is not just a professional obligation but a moral one. Building Relationships: A skilled executive recruiter understands the importance of nurturing relationships with clients and candidates. These relationships are rooted in trust, transparency, and mutual respect. By understanding both parties' needs, values, and aspirations, the recruiter can make informed decisions that lead to successful matches. Focus on Fit: The right match goes beyond qualifications and experience and involves cultural fit and values alignment. Ethical recruiters take the time to grasp the organization's culture and the candidate's personality. They strive to ensure the new hire will thrive in the company's environment and contribute positively to its goals. Integrity and Honesty: Principled recruiters uphold integrity throughout the recruitment process. They provide honest feedback, manage expectations, and avoid practices that could mislead or exploit either party. This includes being transparent about potential challenges and ensuring candidates are fully informed about the roles they are being considered for. Long-Term Success: An ethical recruiter prioritizes long-term success for both the candidate and the company. This means valuing quality over quantity and making placements likely to endure. An ethical match leads to higher job satisfaction, reduced turnover, and a stronger, more cohesive organization. In conclusion, ethical executive recruiters are about much more than filling positions. They foster relationships, ensure a good cultural fit, maintain integrity, and aim for long-term success. By adhering to these principles, recruiters fulfill their professional responsibilities and contribute to the overall well-being of the companies and candidates they serve.
Taking on a new executive role is more than just a career transition—it’s an adventure filled with potential and personal growth. Here’s why you should embrace this opportunity: 1. Growth and Development: A new role challenges you to stretch your capabilities and develop new skills. It’s an invaluable opportunity to broaden your horizons and enhance your leadership toolkit. 2. Fresh Perspectives: A new position brings fresh insights and viewpoints. It allows you to step out of your comfort zone and see the industry differently, fostering innovation and creativity. 3. Expanding Your Network: Embracing a new opportunity connects you with new professionals and mentors. These relationships can offer support, inspiration, and new avenues for collaboration. 4. Driving Impact: You can drive significant change in an executive role. This is your opportunity to implement strategic initiatives and make a lasting impact on the organization. 5. Personal Fulfillment: There is immense satisfaction in taking on new challenges and overcoming them. It boosts your confidence and brings a profoundly fulfilling sense of achievement. Don’t hesitate. Embrace the challenge, take that new executive role, and unlock your potential. The next chapter of your career is waiting—make it count! Let’s discuss this further. Feel free to drop me an update at carol@themetznergroup.com. #Leadership #ExecutiveOpportunities #TakeTheLeap #CivilEngineeringExecutiveSearch Carol A. Metzner The Metzner Group, LLC www.themetznergroup.com
