In The Boardroom™ With...
SecuritySolutionsWatch.com: Thank you for joining us today,
Evan. Its an honor to speak with the Founder of ESGI, Chairman for
The Homeland Security and Defense
Councils Membership Committee and a member of NDIA,
InfraGard, and
ASIS. Please give us an overview of your background and brief history
of ESGI.
Evan Scott: Thank you, I have been in the retainer
search profession for 30 years. I helped start the first retainer based
search firm in Philadelphia which grew to become the 23 rd largest retained
search firm in the country in 2000. (Recognized by Executive Recruitment
News)
I sold my equity back to the partners in 2000 to begin ESGI. Our mission
is to help clients from around the globe to work effectively with the
United States Government. We accomplish this by helping clients attract
talent who have track records of closing deals with all branches of Government
to include DHS,DOD and Civilian agencies.
SecuritySolutionsWatch.com: What sets ESGI apart?
Evan Scott: What sets us apart is our understanding
of the federal contracting business. We understand what categorizes a
top performer in this very unique market. Our clients retain us based
on our network and ability to access the most successful executives fast.
The average search when engaging ESGI is 45 days as opposed to many of
the larger search groups that can take between 4 to 6 months to fill positions.
We are expert in behavioral interviews and references. ESGI understands
how to help clients attract executives who will fit and understand their
culture. We measure success by how well an executive performs one year
after joining our client. We have a 93% success rate using this measure.
Hiring mistakes are very costly. We increase our clients' chances of not
making a hiring mistake. Bottom line: hiring ESGI helps you fill strategic
positions fast and make the right selection.
SecuritySolutionsWatch.com: Your client list reads like
a Whos Who in the defense and security industry with
blue-chip companies such as Capgemini, ASRC Federal, Siemens Federal,
Smiths Detection, and L1-Morpho, just to name a few. And, we understand
that ESGI has conducted retained executive searches for private sector
companies serving every branch of the government, including The Department
of Homeland Security, Department of Defense and Civilian Please tell us
about the Services provided by ESGI.
Evan Scott: ESGI is focused on executive search. We
are a member of ITPWW thru which we can serve our clients globally. We
have also established very close relationships with the top consulting
firms here in Washington. This includes business development, strategy,
GSA scheduling, legal and marketing. All of these affiliates are the best
at what they do and understand the federal contracting business as their
only specialty. We are a very good first call for any company that is
interested in doing business with the federal government.
SecuritySolutionsWatch.com: Congratulations on being retained
to assist the new CEO of Siemens Federal Infrastructure Business to help
build a U.S Federal Practice. Can you elaborate for us regarding the goal
of this contract? Are there any other success stories you would like to
talk about?
Evan Scott: It was an honor to be selected by Siemens
Federal to help them build a federal business from scratch. We were called
upon to help create the organization chart, specifications, compensation
packages and search strategy. I believe we were selected based on our
reputation, network and ability to move fast. The success of this project
is happening while we speak. Siemens is a great company with well engineered
products for so many applications.
SecuritySolutionsWatch.com: During these challenging economic
times, and with budget cuts facing the defense and security sector, what
is your perspective on the business climate for companies in this space
over the next few years? Do you see some sectors of the defense and security
space outperforming others
.cyber security solutions providers, for
example?
Evan Scott: The interesting thing about our business
is that the demand for talent typically follows where companies think
the government will be spending money. For instance, this year we have
handled CEO searches for services clients and heads of business development
for services, consulting and product companies. The area where the government
will spend money is in security, physical, cyber and information management.
There is a lot of attention being paid to the INTEL community and Health
Care,IT. This includes electronic medical records and other technologies
to help with the care of our veterans. There is also a great deal of activity
thru State Department bringing services to the Middle East and third world
countries.
There are things the US Government must continue to do. Protect the country
from terrorism and cyber attacks. First responders must be ready at the
State and local levels. The budget cuts and economy really do not slow
down these activities.
SecuritySolutionsWatch.com: What about smaller and mid-size
companies? Are they on your radar as well?
Evan Scott: Did you know that 40% of all federal contracts
must employ small business? We call these 8a companies owned by disabled
veterans, women and companies with revenues under $50M.
Small business drives this economy and is where the new technologies
come from. Most of the work we do is for what we call mid-cap companies.
This represents clients with sales from $10M thru $1B.That is really our
sweet spot. These are the clients where we can bring the most value thru
our network and affiliates. We are also asked to help these companies
to recruit advisory boards and CEOs. This is a great way to gain access
to some of the top minds in the business.
SecuritySolutionsWatch.com: Consolidation in the defense
and security market seems to be continuing at a rapid pace: Safran acquired
L1, 3M acquired Cogent, HID acquired Lasercard, Stanley Black and Decker
recently announced its acquisition of Niscayah shares. ASSA ABLOY, Ingersoll
Rand and Tyco also seem to be very active in the hunt. Do you expect this
trend to continue? Your thoughts?
Evan Scott: M&A happens in every industry and always
will. As each sector spawns industry leaders they need to acquire companies
in order to continue growth expected by shareholders. The most exciting
place to be is at small company with great management team, products-services
and a strong customer base. While mergers displace executives, companies
tend to try and retain their top performers. When ESGI is hired we are
expected to tap these individuals who are working and producing for their
current employer. Small businesses need different competencies as they
continue to grow. The team that can successfully start a business typically
will not have the core competencies to grow the business past a certain
revenue point. This is when ESGI can help attract executives who understand
how to assist the company reach the next level.
SecuritySolutionsWatch.com: Thanks again for joining us
today, Evan. Are there any other subjects you would like to discuss?
Evan Scott: I appreciate your interest in ESGI. We think
that we are building a very special company. We were recognized this year
as one of the top ten executive search firms in federal contracting by
GovCon. I serve as Chairman for Membership on the prestigious Homeland
Security Defense Business Council. Doing business with the federal government
has nothing in common with selling to the commercial market. This is something
many companies never understand. This is a very significant point and
reason behind our specializing in this market.
Hiring talent is the most important activity any company must do. Relying
on word of mouth, web postings and contingency firms decreases you chances
of meeting and hiring the top performers. This is proven over and over
and why the retained search profession continues to grow every year.
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