Finding the Right Executive for Your Business Needs Part 10 – What to Ask in a Reference Call
It’s All about How You Ask the Question.
To get value from a reference call, focus questions more around the “how.” Conduct reference calls like mini-interviews and ask for examples.
If the reference call mentions the candidate’s great communication skills, for example, ask what specifically about the executive’s communication was particularly helpful in turning a situation around, creating buy-in, motivating employees, or solving the particular problem. How did the executive communicate with the team or customer? How did the executive contribute to the company’s goals?
Keep reference-checking in perspective. From our experiences, a fixation on references tends to be more of a North American trait than in other parts of the world. Kristen actually had an international board member once say to her, “What is it about Americans and checking references? No one else does it; why do you insist on doing this fruitless task?” In fact, we have found the importance placed on references in international organizations to be very minimal, particularly if the references are checked via survey or in writing.
We found this when we sent out a written reference request for an executive in which all of his references were non-U.S. residents. When we received them back, we could not believe the poor ratings he received compared to what we knew about this executive’s background and objective measures of prior performance. Our rating system at the time used skills sets required for the specific job then solicited feedback on whether candidates were an expert, competent, or had little knowledge of each skill set; there was also not a single comment field. One of the key areas of focus for this particular executive was going to be managing potential acquisitions for the company. He had completed a number of M&A transactions previously, in addition to broad experience with other needs the company would have in the near future.
His M&A expertise would add a lot of value to this engagement. However, one of his references rated him as only “competent” in M&A. In America, such a seeming vote of no-confidence for this area of expertise could be a deal-breaker. We were curious about the level of competency versus expert rating. So we started contacting the references one by one, time zone by time zone. After speaking with a UK ex-pat who was then living in Australia, we quickly got the answer.
The reference clarified that he himself had done about twenty M&A transactions and did not personally think this area of practice was a particular expertise of his. The executive for whom he was acting as a reference had done about five such transactions with the reference; therefore, in the mind of the reference, five is fewer than twenty, and since he did not consider himself an “expert,” then the executive he was rating certainly was no “expert,” either.
The reference was using two biases:
Measuring the executive’s competence against his own experience level
Measuring the executive’s expertise as a matter of quantity of experience rather than quality
Finding the Right Executive
At Cerius, we have been vetting executives for over ten years to reduce the risk of companies bringing in the wrong executive. If you decide to engage an interim executive on your own, we have put together and will share some of our best practices to help minimize your risk when searching for the right executive expertise, whether it is on a part-time, temporary, interim, or project basis.
Through a deep resource pool of thousands of vetted executives, we offer full interim staffing services across all management disciplines. From our network, we develop a customized interim executive solution tailored to your needs. You gain immediate access to a carefully selected skill set with the additional leverage to reach into the larger pool of Cerius executives as needed — all to secure new growth strategies, carry out organizational or cultural change, manage complex projects, or fill business-critical vacancies.