Hiring··6 min read

What C-Suite Search Taught Me About Talent

The most common thing I hear from hiring managers is 'we need someone exceptional.' After five years and 25+ placements, I have learned that exceptional is almost never what they mean.

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Manas Majhi
Manas Majhi

Founder, Majhi Group & Majhi OS

What C-Suite Search Taught Me About Talent

The most common thing I hear from hiring managers is "we need someone exceptional." After five years and 25+ C-suite placements, I have learned that exceptional is almost never what they mean. What they mean is: someone whose specific experience maps precisely onto the specific problem we have right now. That mapping problem, not talent scarcity, is what most searches are actually trying to solve. The talent exists. The matching infrastructure usually doesn't.

Here is what five years of placing VP and C-suite leaders has actually taught me about talent.

Credentials are the least useful signal

The resume tells you where someone has been. It does not tell you whether they solved the right problems there, whether they led or followed, whether they built or maintained, or whether the environment they came from resembles the environment they are walking into.

In my first year of running searches, I over-indexed on credentials. The candidate with the right degree, the right company logos, the right title progression. The hiring committee found these candidates easy to approve. They also, more often than I would like to admit, turned out to be the wrong hire.

The candidates I learned to pay closest attention to were the ones who could articulate specifically what had been broken when they arrived, what they did about it, and what they left behind. That narrative, the before, the action, the after, tells you more about capability than any combination of institutions and titles.

Credentials are the price of admission to the conversation. They are not a proxy for whether the person will perform.

The context mismatch problem is underdiagnosed

Most executive hire failures are not talent failures. They are context mismatch failures. A VP of Sales who built a function from scratch at Series A is a different person than a VP of Sales who scaled a mature team at Series D, even if their resumes look similar and they interview well on the same dimensions.

Most executive hire failures are not talent failures. They are context mismatch failures.

The context that shaped their capability matters. The skills they have developed are adapted to specific environments. Put them in a different environment and those skills may transfer well or may not transfer at all.

I have watched strong candidates fail in roles they were clearly qualified for on paper because the evaluation process selected for the credential rather than the contextual fit. The hiring manager was evaluating whether the person had done the job before. The better question is whether they had done it in an environment similar enough to this one that the transfer is reasonable.

When I run a search now, one of the first things I establish is not what the role requires but what the context demands. What is the company's current stage? What is the culture of the leadership team? What specifically failed before? The answers to those questions narrow the candidate pool more accurately than any set of required credentials.

The people who interview best are not always the best hires

There is a skill called performing well in an interview. It is a real skill. It involves being articulate, structured, confident, and responsive under pressure. These are also qualities that make someone good at certain jobs.

The problem is that these qualities are not uniformly correlated with whether someone will be effective in the specific role being filled. Some of the best executives I have placed were not the most compelling interviewers. They were thoughtful in ways that required follow-up to surface. They were honest about uncertainty in ways that some committees read as weakness. They asked questions that slowed the conversation down because they were actually processing what was being asked.

Some of the weakest hires I have been close to were people who interviewed brilliantly. They knew what the committee wanted to hear. They delivered it fluently. And they struggled to replicate that performance in the actual work once the interview dynamic was removed.

The best safeguard I have found is reference conversations, not the references the candidate provides, but the people you find yourself, who have managed or been managed by this person, who have no incentive to perform. What they say about how the person behaves when things are hard, when they disagree with the decision, when they are managing someone out, that tells you more than any interview.

Talent from unexpected places is consistently undervalued

I have placed candidates who were not in the original brief. Not because I ignored the brief, but because I found someone who was clearly right and whose background didn't match the surface-level criteria the committee had set.

The most common version of this: geography and institution. Hiring committees in global companies often anchor on candidates from tier-one institutions in tier-one cities. They are comfortable with those signals because they are legible. A candidate from a less recognised institution, or a less prominent company, or a geography that the committee has less direct experience with, faces a credibility gap that has nothing to do with their capability.

I have watched this play out enough times to be certain of it: the candidate from the less prominent background who has done harder things in more constrained environments is often more capable than the candidate whose background produced an impressive resume in a highly resourced setting. Solving a problem at a well-funded company with a strong team is different from solving a similar problem with fewer resources and less support. The second experience, when you find it, is often more predictive.

What actually predicts performance

After five years and more candidate evaluations than I can accurately count, the signals that have proven most predictive are not the ones the traditional process optimises for.

The first is specificity of thought. Candidates who can tell you precisely what they did, not what the team did, not what the company achieved, but what they specifically contributed, are demonstrating something that generalists cannot fake. Vague answers about broad outcomes are a warning sign regardless of how impressive the surface narrative sounds.

The second is comfort with what went wrong. The candidate who can tell me about a failure, a hire they made that didn't work, a strategy they championed that failed, a relationship they mismanaged, in a way that is honest about their own role and clear about what they learned, is giving me information that no success story provides. Everyone has failures. The quality of the reflection is what differentiates.

The third is calibration. Does the candidate understand the difference between what they are good at and what this role requires? Do they ask the right questions about the company's current state? Can they locate themselves accurately in the landscape of what they know and don't know? Overconfidence is a stronger predictor of failure than humility, at the executive level, in almost every context I have observed.

These signals take time to surface. They do not appear in a forty-five minute first-round interview. This is partly why the search process matters as much as it does, the depth of engagement with a candidate over multiple conversations, in multiple contexts, tells you things that a single high-stakes interview cannot.

The talent was almost always there. The process for finding it accurately is the harder problem.

Majhi Group runs retained VP and C-suite searches in 30–45 days. If you have a current leadership mandate, request a search assessment.

See also: Broken Hiring Systems and the Opportunity Gap, 41 Days. $275K Search. Two Firms Failed., How Executive Search Actually Works


Sources

McKinsey: Successfully Transitioning to New Leadership Roles (2018)

Harvard Business Review: Structured Interviews Produce Better Hires (Highhouse, 2008)

Tomas Chamorro-Premuzic: Why Do So Many Incompetent Men Become Leaders? (Harvard Business Review)

Frequently Asked Questions

Why do most executive hire failures happen despite the candidates being qualified?

Most executive hire failures are context mismatch failures, not capability failures. The candidate was qualified, just not for this specific context. A VP of Sales who scaled an enterprise SaaS team from $30M to $100M ARR is a different profile than one who built a function from zero. Both have the credential 'VP of Sales.' Both interview on the same dimensions. The failure happens when the evaluation selects for the credential rather than the contextual fit, when the hiring committee asks 'have they done this job?' rather than 'have they done this job in an environment similar enough to ours that the transfer is real?'

What signals actually predict executive performance in the first 12 months?

Three signals have proven most predictive across 25+ placements. First, specificity of thought: candidates who can tell you precisely what they contributed, not what the team achieved, what they personally did, are demonstrating something that generalists cannot fake. Second, comfort with failure: how a candidate talks about something that went wrong, including their role in it and what they actually learned, tells you more than any success story. Third, calibration: whether the candidate understands the gap between what they're good at and what this specific role requires, overconfidence is a stronger predictor of failure at the executive level than almost anything else.

How should reference checks be approached differently for executive hires?

The references a candidate provides are the least useful references. They have selected people who will perform positively. The most useful references are people you find yourself, former colleagues, direct reports, or managers identified through your own network who have no incentive to perform. The question that reveals the most: 'How did this person behave when things were hard, when they disagreed with a decision they had to execute, when they were managing someone out?' The answer to that question is what you're actually hiring for.

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