EXPANDING A TEAM OF PROFESSIONALS? HOW EXECUTIVE SEARCH FINDS THE RIGHT COLLEAGUES FOR THE JOB

The Limburg Energie Fonds (LEF) B.V. realises innovative high-potential projects in the area of energy conservation, green energy generation, circular economy and asbestos removal in or on behalf of the Province of Limburg. These projects demonstrably and cost-effectively contribute to the reduction of CO2 emissions, the reduction of waste tonnages and reduction of the number of square metres of asbestos.

LEF provides partial funding for these projects in the form of venture capital and regular or subordinated loans. The Province of Limburg established LEF and appointed Polestar Capital as asset manager.

LEF expanded its asset size by €90 million following the appointment of Polestar as asset manager. This necessitated a phased expansion of the Limburg Energy Fund (LEF) investment team in 2017 and 2018. 

LEF believes innovative projects are key to achieving meaningful (innovative, effective and scalable) social impact. However, such projects frequently fail to get off the ground to a lack of capital. The organisation was seeking investment professionals with a broad competency profile and strong affinity with sustainability. Amongst other qualities, this competency profile included a customer-oriented attitude, affinity with and knowledge of legal issues and the ability to develop and analyse financial models.

YER advised its client to approach the target group through multiple channels. In view of the tight labour market in the spring of 2018, YER opted to expand its recruitment efforts: we deployed our executive search approach for positions with an annual salary under 100k.

We also deployed the YER Take Off programme as as part of the second recruitment drive

This service involves a DISC analysis and is aimed at encouraging open discussion of our collaboration and communications. The emphasis is on exploring both parties' qualities and challenges, and assessing their effects on the ongoing collaboration. The client organisation's vision and mission are key in building a long-term partnership.

  • ­Optimisation of job profile and recruitment advertisement;
  • ­Selection of print medium and online channels
  • ­Development of new look and feel for recruitment advertisement (at the time, the client had not developed sufficient visual materials)
  • ­Launch of TargetAd campaign with same look and feel as print campaign
  • ­The recruitment process was initiated in May of 2017.
  • ­The recruitment and selection procedure ultimately resulted in the hiring of two new staff members in July.

Two candidates were immediately appointed to the investment team as a result of the recruitment and selection procedure, with a further two appointed in December. YER provided its client with regular progress updates throughout the process.

The two most recently appointed candidates took part in YER's Take Off programme in order to optimise communication on the basis of their DISC profiles.

Psychologist Beatrijs Olofsen – a member of YER's Talent Development Team and the Dutch Association of Psychologists – organised a team-building session as a part of this process. The DISC assessment tool served as a basis for both individual and team development.  Having successfully recruited 4 new staff members within less than 1.5 years, YER ultimately provided its Take Off programme to the entire organisation in order to optimise the ongoing partnership.

Philip-Tan

Philip Tan - Directeur Polestar Capital 

 

"Despite the tight labour market, YER Executive managed to expand the LEF investment team at short notice through two custom recruitment procedures."

 

Our consultants will be happy to help you fill any short or long-term position. We prepare a solid business case prior to every engagement, enabling us to quickly find the most suitable candidate for every situation. This approach will ensure a perfect fit for your organisation.

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