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Challenge: Recruiting an Entrepreneurial Executive for a Senior State Government Role.

Bullet  Situation

A new Governor was elected to an Upper Midwest state. He wanted to control growth of state spending, rationalize government agencies, and grow the states’ job base. The Governor’s transition team approached us to help them source and hire a Commissioner of Trade and Economic Development. They wanted a business executive, but by law could only pay low six figures (approximately 1/3 of what appropriate candidates would make in industry).

Bullet  What We Did

We worked with the Governor’s transition team to define optimal skillet and background. We sourced a select number of corporate executives with an entrepreneurial mindset, willing to serve as Commissioner for 2-4 years, who were attracted by the opportunity to “make a difference”, and could tolerate the cut in compensation.

Bullet  Results

The Governor selected a candidate who was VP Marketing at a locally based Fortune 1000 company. We assisted in vetting the candidate, who was sworn in.

 

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Read Articles - The Commerce Chain, Isaac's monthly column on Business and Technology Trends, in the Minneapolis Star Tribune.

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