Shaun Springer - search firm chief executive
0700: Kiss the kids goodbye and am told to be quiet and go away. Kiss wife
goodbye and get berated for waking the kids.
0730: Once at the office, I spend an hour reading the news on the internet,
wading through the Financial Times and looking at my post.
0830: I then have an hour to do my own headhunting. I adore the job and
though I have less and less time available, I refuse to give it up. I work
on trading across the capital markets, from interest rates to index
arbitrage. As a breed, I like traders and as an ex-trader and ex-broker
myself, I feel an affinity for them.
Traders tend to be the first on the block if the axe is wielded. It doesn't
matter if they've had five good years if they're followed by five bad
months. Understanding their books gives me a great insight when explaining a
candidate to a client.
0930: Meet with a visiting client. I try to attend all client visits both out
of courtesy and so that I can co-ordinate the company's obligations. It
ensures a consistency as well as a regular supply of free coffees and
excellent biscuits.
Client meetings should be a two-way form of education. In this case we have
worked with the client previously and have a good understanding of its
teams' and products' strengths and weaknesses, both real and perceived.
We insist the client tell us the full reasoning behind the intended
recruitment. This is where history (and trust) play such an important role,
as there can be sensitive political issues that need to be addressed
directly without pussy-footing around.
Conducting a search for a client means representing that client to the
market. Many candidates have a preconception, if not a misconception, of a
client and it is part of our brief to show the full story. Both client and
potential employee must have their strengths and weaknesses exposed to each
other's scrutiny prior to contract.
1100: I interview a candidate. This is a skill that requires practice and
faith in one's judgement. I always believe that on the flip side of a
strength lies a weakness. If you look for what you consider the plus side,
usually you find the downside as well.
Body language plays a large role, as does eye contact. I repeating questions
in different formats, looking for consistency. Knowing the candidate's
market and their reputation helps enormously, so I try to ensure that I always do.
1200: Lunch with a managing director of an investment bank. Networking is
essential for a headhunter. The business is not just about placing people.
It's also about being a conduit for information and advice.
The adage about free lunches means that if I get, I should also give.
Headhunters are privy to confidential information from both individuals and
institutions. However integrity can be lost in a day, while taking a
lifetime to prove.
The dividing line between respecting confidentiality and
giving accurate information and advice is well- defined. But it takes a
well-tutored technique to handle such conversations comfortably.
1330: Answering emails takes a good two hours out of my day. I tend to use
'Outlook' as my 'to do' list. The change in email activity in our office
over the last 2-3 years has been phenomenal. It's reached the point where,
if I don't have a memo in email format, then it hardly gets addressed.
My PA rules my diary with the cruelty of a third world dictator. I wish
she were as nice to me as she is to my callers. A perfect day would end with
nothing in my inbox and my 'sent items' all filed away. One day, maybe.
1530: I spend a lot of time listening to candidates talk about themselves and
other people. Listening to the market is the bulk of a consultant's activities.
Knowledge of the players, large or small, senior or junior, is what gives us
an edge when times are busy and what sorts the men from the boys when times are
hard, like now.
When conducting a search, accuracy and speed are paramount to the client. I
believe that headhunters are treated like restaurants. It doesn't matter how
many times you've had a good experience with one, the first time you have a
nasty taste in your mouth is the last time you go there. Each chance is your
last chance in one of the most competitive industries in the world.
1630: I meet some of my 12 consultants. Hardly a day goes by without such a
conference, regarding a potential search, or a client visit, or progress on
an ongoing search.
As often as not we have two consultants working a search
- for instance our consultant covering origination will work with our
consultant covering Italy on debt origination for Italy. This allows for
lateral opportunities for the client and candidate.
Our office is designed like a dealing room and at least 13 languages are
spoken. As an ex-broker I have developed the ability to hear many
conversations at once. Unfortunately I no longer understand most of them.
1900: The staff often filter out round the corner about now and I like to
join them for a wee dram. The office goes out socially together a few times
a week, or even more if I put my card behind the bar.
2030: Get home, read baby girl story about 10 little piggies who got foot and
mouth. Get told off by wife. Make a few headhunting calls that couldn't be
made during office hours.
2230: Pop on the to internet to play chess with insomniac from Turkestan or
precocious 4-year-old from Mexico who trounces me before he goes to
kindergarten.