Introduction
Executive Search & Rescue Placement Firm is a executive search firm that specializes on emerging companies with a focus on high-tech firms. Executive will serve metropolitan Portland, a growing market. The Executive Search & Rescue Placement Firm is a market leader thanks to its well-connected network and sophisticated predictive screening system.
The management goals for the company are to have at most four of the top ten fastest growing Oregon companies using Executive’8217;s services. They also want to increase the number and quality of clients served by 20%.
The Company
Executive, an Oregon registered corporation, was founded by and is currently owned by Mr. Dan Bloodhound. Bloodhound has more than ten years of experience in high-tech markets and emerging companies. He also has excellent contacts which he can leverage to get future clients. Executive plans on placing a wide variety of executive positions such as programmers, project managers and CEO’’s. They will be paid upon placement. They can also work for several clients simultaneously.
The staff will consist of Mr. Bloodhound working full time. Executive will hire a full-time secretary/receptionist in month two, a part-time generalist in month three, and a full-time account executive in month four. From month four onwards, the company will have a total of four people.
The Market
The Executive Search & Rescue Placement Firm is targeting the Portland metro market’s emerging companies. Portland will receive attention because 1) It is home to Mr. Bloodhound’’s network and 2) Portland has the highest concentration of VC money west of Seattle and the Bay.
Executive is concentrating on emerging companies for the reason that emerging companies need executives more often than less growth oriented companies. Leaders are more sought after as companies grow.
Executive will target both high-tech and non-high technology firms in the emerging market. The high tech firms make up the largest group of emerging companies, up to 80% of the market. Executive can still provide value added services for emerging businesses, even though the majority of them are high-tech.
The Executive Search & Rescue Placement Firm’s marketing strategy will be based on advertising and networking. The advertising will done in the several local journals that cater to emerging businesses. Executive will have a prominent presence in the Business Journal of Portland.
1.1 Objectives
The following objectives are set for the first three year:
- To build a service-oriented company that exceeds customers’ expectations.
- The utilization of Executive in at least four of the top 10 fastest growing Oregon companies as listed by the Business Journal of Portland.
- Superior service is essential to increase the number clients served by 20%
- To become profitable within the first year of operation.
1.2 Mission
Executive Search & Rescue Placement Firm has the mission to assist emerging companies with exceptional executives. Our mission is to retain and attract customers. This maxim will guide everything else. We will exceed your expectations with our services.