Cornerstone Executive Search is a prominent executive search and leadership consulting firm with a significant presence in the United States and internationally. Established in 1989, the firm has expanded its operations to over 60 offices in 40 countries, offering comprehensive talent acquisition and management solutions.
Background
Cornerstone Executive Search specializes in identifying and placing top-tier executive talent across various industries. The firm's mission is to provide clients with exceptional service by understanding their unique organizational cultures and delivering candidates who align with their strategic objectives. With a focus on integrity, service, optimism, and stewardship, Cornerstone aims to build long-term partnerships that enhance client success.
Key Strategic Focus
The firm's strategic focus encompasses several core objectives:
- Executive & Specialist Search: Tailored search projects driven by client-specific needs, leveraging a global network of experienced consultants.
- Project & Interim Search: Providing experienced executives on an interim, fractional, or direct-hire basis to address leadership gaps.
- International Expansion: Assisting clients in attracting global talent to capitalize on new market opportunities.
- Diversity Searches: Promoting diversity, equity, and inclusion by identifying candidates from diverse backgrounds.
- Board of Directors Search: Ensuring alignment of knowledge and experience in compliance with organizational needs for board positions.
Financials and Funding
Cornerstone Executive Search operates as a privately held firm. Specific financial details are not publicly disclosed. However, the firm's extensive global presence and long-standing client relationships indicate a stable financial foundation.
Pipeline Development
The firm has completed over 20,000 senior assignments since its inception, demonstrating a robust pipeline of successful placements. Recent assignments include positions such as Vice President Global Tax, Plant General Manager, President, Board of Director roles, and various executive positions across multiple industries.
Technological Platform and Innovation
Cornerstone employs a proprietary applicant tracking system that is continuously updated to capture potential passive candidates in real-time. This system organizes candidates by location, position, pay scale, and keywords, facilitating efficient recall and matching. Additionally, the firm utilizes non-traditional recruiting methods, including attending networking events and industry-specific trade shows, to identify and engage passive candidates.
Leadership Team
The leadership team at Cornerstone Executive Search comprises experienced professionals dedicated to delivering high-quality service:
- Dan Heiman: President of Cornerstone Kansas City, responsible for ensuring a client-centric approach and overseeing executive search and leadership development services.
- Rich Rosen: Founder and Managing Partner of Cornerstone Search Associates, specializing in sales and executive recruiting for the software industry.
Leadership Changes
As of the latest available information, there have been no significant recent changes in the firm's leadership team.
Competitor Profile
Market Insights and Dynamics
The executive search industry is highly competitive, with firms vying to place top talent in senior-level positions across various sectors. The market is characterized by a demand for specialized recruitment services that can identify and attract high-caliber candidates.
Competitor Analysis
Key competitors in the executive search industry include:
- Korn Ferry: A global management consulting firm offering executive search, management consulting, and outsourcing services.
- Spencer Stuart: An American global executive search and leadership consulting firm known for its extensive network and high-profile placements.
- Egon Zehnder: A Swiss management consulting firm specializing in executive search and leadership strategy services.
These firms have established significant market presence and offer a range of services that overlap with those of Cornerstone Executive Search.
Strategic Collaborations and Partnerships
Cornerstone Executive Search is an affiliate member of Cornerstone International Group, a leading executive search and leadership development consortium with nearly 60 owner-operated offices in 40 countries. This affiliation provides access to a global network of expert consultants and best practices, enhancing the firm's service offerings.
Operational Insights
Cornerstone's strategic considerations include:
- Global Reach with Local Expertise: Combining a broad international presence with deep local market knowledge to deliver tailored solutions.
- Customized Recruiting Solutions: Offering a variety of solutions, including contingency search, recruitment process outsourcing, and on-site recruiting, to meet diverse client needs.
- High Service Orientation: Maintaining a client-centric approach with a focus on quality and ethical standards.
Strategic Opportunities and Future Directions
Looking ahead, Cornerstone Executive Search aims to:
- Expand Global Footprint: Continue growing its international presence to serve clients in emerging markets.
- Enhance Technological Capabilities: Invest in advanced technologies to improve candidate sourcing and client engagement.
- Strengthen Industry Specialization: Deepen expertise in key industries to provide more targeted and effective search services.
Contact Information
For more information about Cornerstone Executive Search and its services, please visit their official website.
