Sanjay Sathe | Source | Founder and CEO at SucceedSmart

The traditional executive search market, which has dominated executive hiring for decades, is extremely transactional, exclusionary, and clubby by nature. Not only is the pricing exorbitant, but in most cases, corporations pay the majority of the fees upfront, regardless of whether the traditional executive search firm even places a candidate. Why do corporations continue down this path when, according to ESIX, over 40% of executive searches fail to make a viable hire? Similar to my experience at RiseSmart, where we launched a digital platform to disrupt the traditional outplacement industry, I knew that there had to be a better solution. With SucceedSmart, executives can look forward to focusing on anything but job searching, while corporations benefit from a platform that naturally lends itself to increasing diversity hires in leadership positions. I'm so proud of the early traction we've experienced and look forward to continuing to transform talent acquisition with our candidate-first platform.