Benefits Of Using Medical Devices Executive Search Firms

Hiring any employee is getting increasingly more difficult. If you’re trying to recruit a high-caliber candidate to fulfill an executive function in a challenging environment such as the medical equipment industry, it’s close to impossible. 

Unfortunately, numerous companies waste a lot of effort and financial resources using old-fashioned recruiting tactics to attract a rare breed of talent. All they end up with are poor results - they simply burn through their budget and lose time interviewing candidates who aren’t qualified enough. 

There is a better way to go about it - implementing modern recruitment methods with the help of specialized medical device executive search firms.

Challenges in the medical equipment industry

Apart from supply chain issues that have been going strong since 2020, the medical equipment industry is going through a bona fide talent shortage. This is nothing new, as the talent in the industry has always been scarce.

However, this isn’t limited to just skilled technicians like programmers, engineers, or machinists as the crisis extends to high-level executive positions. For starters, not many new professionals are entering the industry, while veterans are slowly approaching retirement.

With not that many individuals of high caliber looking to find a new job, recruiters working in the medical equipment industry are still trying to figure out the solution to this challenge. 

Plot twist: it has to do with finding passive talent through executive search methods.

What is executive search?

An accurate method used to track down high-quality candidates is referred to as an executive search.

What does this recruitment tactic accomplish, you may ask? In the simplest of terms, it provides businesses with the ability to find the perfect candidate for a critical role in an efficient manner, at a reasonable price. 

Executive search is very complex, and in comparison to more traditional ways of sourcing talent, it’s notable for its proactive approach. Furthermore, it requires a specialized skill set as it’s focused on discovering and engaging passive candidates. These individuals are already employed and aren’t actually scouting for new opportunities or looking at job adverts.

Because of all the things mentioned, this tactic is best left to medical equipment executive search firms with positive track records.

What do medical equipment executive search firms do?

Generally speaking, medical equipment executive search firms offer a wide array of recruitment services fully tailored to provide medical equipment companies with a solution to their staffing issues. 

Here at Griffin Global, we offer not only executive recruitment services (aimed at finding candidates for executive positions) but also provide medical equipment companies with strategic selection services. 

Everyone working for us is specifically trained to bring forth a higher level of services than other similar companies and is trained to look beyond just skill sets or keywords in a resume. 

So all in all, by working with a business like ours, you gain a valuable partner who will manage the hiring process on your behalf, while also advising you on making fast and accurate hiring decisions.

Benefits of working with medical equipment executive search firms

Let’s get this out of the way - hiring in-house is amazing if you have the resources and expertise to do it properly. By working with an executive search company, though, you get to retain all the benefits of hiring directly, while also eliminating all the uncertainty from the equation and minimizing your losses.

Here are the main reasons why you should outsource your hiring processes to a specialized company like Griffin Global:

1. Extraordinary level of expertise

It goes without saying that whenever you hire a specialist, you gain access to the expertise they have collectively accumulated throughout the years. The same thing goes for hiring an equipment executive search firm. 

First, a recruitment specialist is deeply familiar with the latest trends and changes in laws relevant to the industry they’re hiring for.

More importantly, since their core business is using the most effective recruitment practices in discovering and choosing candidates, you can simply enjoy better results than with an HR generalist. 

Furthermore, by outsourcing your recruitment process to a third-party company, you can allocate the time you save on things that are more aligned with your main business goals.

2. Gain access to a more diverse talent pool

During our time conducting an executive search in the medical devices industry, we managed to grow an extensive talent poolm which we can draw from whenever you need to hire someone for an executive position. 

To put it differently, by working with us, you gain access to a talent pool we’ve nurtured for years that normally isn’t available to individuals who aren’t operating as executive recruiters.

3. Save money

Hiring employees with the assistance of medical equipment executive search firms is hands down the most effective way to fulfill your staffing needs. Recruiting, especially for executive positions, is very challenging and requires effective task delegation and a comprehensive strategy, which isn’t always possible to achieve for in-house HR teams. 

Moreover, recruiting top specialists necessitates a larger advertising budget. This may be too much for a company that already has other areas they need to focus on. But for us, we’ve already allocated hefty advertising dollars to reach the exact talent pool that you’d also be trying to reach.

In conclusion, you can achieve your hiring goals for a fraction of the advertising budget than if you were to try to hire on your own.

Take decisive action

With a major talent shortage looming over the medical equipment industry, you simply can’t afford to fall behind your competition. The options for executive positions are limited, and without external help, you run the risk of having to settle for less or waste an incredible amount of resources trying to fill an executive role. 

By consulting Griffin Global and letting us take over your hiring process, you can sit back and relax while we start looking for that perfect employee on your behalf. We are passionate about what we do, and with three decades of experience under our belt, we consider your success our success so we’ll do everything we can to deliver the service you deserve.

Partner with us now by sending us a message through our contact form or calling (855) 747-4334.