Executive Director: What is the cost of hiring?

Why hire an Executive Director?

Hiring the right person for the profile of Executive Director is crucial to build a strong foundation for the company to realize its short and long-term goals. The key deliverables of an Executive Director to give direction to all the company employees and lead them to achieve the defined objective.

• Develop and implement key strategies to achieve and sustain Organizational success
• Corporate planning to establish organizational policies and implementation guidelines across verticals and functions
• Build a strong leadership team by providing guidance and coaching to the key company personnel

Skills to look for in a great Executive Director

Executive Directors are the key strategy makers of any organization. Building and implementing long-term strategies require an excellent understanding of different organizational parameters, excellent rating and strong people management skills.

• Master’s degree in business administration and related field
• Years of experience in leadership and strategic management profiles
• In-depth knowledge of organizational best practices and critical principles of corporate governance
• Exceptional leadership, excellent interpersonal and robust managerial skills
• Comprehensively analytical mind with outstanding problem-solving capabilities
• Excellent networking skill with proven leadership abilities

Writing an Executive Director job description

A detailed job description is crucial to finding an outstanding Executive Director. The job description should include explicit roles and responsibilities, defined job duties and necessary skills.

Consider including keywords that job seekers are using to search for Executive Director jobs, such as:

• Chief Executive Officer
• CEO
• Executive Manager

Interviewing Executive Director candidates

Making the correct hiring decision of the Executive Director is crucial for organizational success. The hiring process should consist of multiple stages of the interview to judge the candidate’s leadership, managerial and strategic decision-making skills.

• Effective Networking skills
• Showcasing of leadership ability
• How they’ve successfully implemented an out of the box solution to resolve a decade-old organizational issue

See our list of interview questions for more examples.