Placing a high-performing leader fuels rapid growth at innovative VC-funded software firm

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Placing a high-performing leader fuels rapid growth at innovative VC-funded software firm
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After securing Series A funding, an automotive software company needed a visionary Director of Business Development to lead their next growth phase. Pender & Howe was engaged to find a leader with industry expertise and a proven track record. In just three weeks, we successfully placed the ideal candidate, positioning the company for ambitious success.

An innovative, high-growth software company focused on revolutionizing the automotive industry recently partnered with Pender & Howe to fill a mission-critical Director of Business Development role.
 

Fresh off a successful Series A funding round, the company was poised to enter a new growth phase and needed a dynamic leader to spearhead client acquisition and an ambitious expansion plan.

Main challenges 

Like many disruptive tech firms, our client was navigating an inflection point in their growth trajectory. To capitalize on opportunities and achieve their ambitious goals, they needed an experienced leader who could make an immediate impact and propel the company vision – from day one. Unfortunately, a previous appointment for the Director of Business Development role had failed to meet expectations due to a lack of established relationships within the target client base.

The company was now looking for a high-performing leader with

  • Specialized industry knowledge
  • An intensive network of industry relationships
  • Excellent relationship-building capabilities
  • A proven track record of spearheading strategic growth initiatives

Pender & Howe's process began with in-depth consultations to fully immerse ourselves in the client's culture and understand the specific leadership competencies needed for success. Leveraging cutting-edge digital tools, we then mapped the competitive landscape within automotive technology and software-defined vehicles (SDV).

This allowed us to identify similar companies that had recently secured funding, potentially housing a pool of high-calibre candidates. We also analyzed the largest industry trade show to ensure no key players were overlooked and then facilitated introductory meetings for the client while they exhibited at the show.

Travis Hann
Partner

Leveraging cutting-edge digital tools, we then mapped the competitive landscape within automotive technology and software-defined vehicles (SDV). This allowed us to identify similar companies that had recently secured funding, potentially housing a pool of high-calibre candidates.

Finding the right director of business development – in 3 weeks

Our exhaustive process cultivated a long list of 25 top-tier candidates from a pool of 114 we had identified.

Utilizing robust candidate assessments and in-depth data analysis, we narrowed down the selection to a shortlist of 8 top performers, exceeding the client's initial request of 5 candidates due to the presence of several highly attractive options from direct competitors.

After a rigorous three-round interview process, the client successfully filled the critical Director of Business Development role with their preferred candidate. 

If your organization is facing a pivotal moment in its growth and requires the right leadership to drive success, Pender & Howe is here to help. Our tailored approach and commitment to excellence ensure that we deliver the high-impact leaders your business needs to thrive.

The success of this strategic partnership highlights Pender & Howe's expertise in building leadership teams tailored for growth. If your company is ready to elevate its leadership, connect with us to explore how we can support your next phase of expansion.

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