Executive search could be considered a cost, but should be considered an investment, depending on how it is approached and the outcomes that result from it.
Recruitment can be a significant cost for a company. The process of identifying, recruiting, and hiring top-level executives can be time-consuming and expensive. These costs can be especially high if the search is unsuccessful and needs to be repeated.
A recognized executive search partner, such as Oaklake Search, can be a wise investment for a company. A successful search from an industry specialist will lead to the hiring of an exceptional executive who can bring significant value to the organization. A high-performing executive can help drive business growth, improve operations, and enhance the company's reputation, among other benefits. In this sense, executive search should be seen as an investment that can yield long-term benefits for the company.