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Managing Director
KORNFERRY Chicago, IL
$661k-1.13M (estimate)
Full Time 1 Month Ago
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KORNFERRY is Hiring a Remote Managing Director

Requisition ID

16408

Country 1
United States of America
Location type 1
Hybrid
State / Province 1
Illinois
City 1
Chicago
About Us

Korn Ferry is a global organizational consulting firm. We help clients synchronize strategy and talent to drive superior performance. We work with organizations to design their structures, roles, and responsibilities. We help them hire the right people to bring their strategy to life. And we advise them on how to reward, develop, and motivate their people.

Our 10,000 colleagues serve clients in more than 50 countries. We offer five core solutions:

  • Organizational Strategy
  • Assessment and Succession
  • Talent Acquisition
  • Leadership Development
  • Total Rewards
Job description 1

Managing Director

The position of the Managing Director is an integral component of the overall business model of Korn Ferry's Executive Interim solutions and represents a unique position within the professional services industries. The individual in this role reports to a Managing Partner. The individual in this position is responsible for developing go to market strategy, and with the Managing Partner, scaling the practice to meet growth objectives

Summary Job Description:

  • The primary responsibility for this role is new opportunity identification and new prospect acquisition. This is a “hunter”
role.
  • Blueprinting and penetrating target organizations within a clearly defined sales territory. A sales territory typically
consists of approximately 50 target companies in selected industries and sizes, mainly focused on the Fortune 2000.
  • Lead client facing role within the Executive Interim division to identify and understand client needs and present solutions to meet those needs.
  • High levels of weekly sales activity (client meetings and proposals issued) is expected of an MD. This has been
proven to be a critical success factor in the MD role.
  • The MD provides support to the projects and engagements acting as a liaison between the delivery team and
key client personnel to ensure that client expectations are being exceeded.
  • While generating revenue with clients is the primary goal and responsibility of each MD, individuals are also
responsible for carrying out our vision, mission and values and assisting the Managing Partner in developing and
maintaining the positive company culture.
  • The MD is expected to gain further prospect access and to build market awareness of Korn Ferry's various offerings through networking within the business community and participating in relevant industry organizations.
  • To measure MD performance, annual sales targets are set by the Managing Partner.

Core Competencies and Personal Characteristics:

To succeed in the MD role, individuals must be extremely motivated self-starters with a high level of general business
intelligence and resourcefulness. Individuals must be comfortable selling within the C-Suite or equivalent senior client
levels. Individuals must have strong organizational skills and the ability to perform multiple tasks in a fast paced
environment. Team selling with delivery professionals is an important part of the Executive Interim model. It is imperative that an MD has the ability to work collaboratively with others. In addition to having overall strong professional presence, the MD
should possess key personality characteristics including strong ethics, confidence, boldness, curiosity, flexibility,
competitiveness, a strong desire for success, and interest in people and in finding business challenges that Korn Ferry can
help solve.

Skills, Knowledge and Experience:

  • 15 years of proven successful sales experience in business-to-business services, professional services, consulting,
or executive search.
  • Strong, relevant, and current professional network.
  • Proven ability to build strong client relationships in a consultative fashion.
  • Exposure to effective team selling models.
  • Experience in a SOW, deliverables-driven sales process.
  • Excellent verbal and written communication skills.
  • Experience using Salesforce.com or other CRM.
  • Bachelor degree in business or technical field required

Internal Mobility at Korn Ferry

If you currently work for Korn Ferry or one of our affiliates, you must be eligible to apply for a different position within Korn Ferry to use the Careers Site. If you accept such a position, your benefits programs and Human Resources policies may change. Please consult with your HR contact for the new position concerning application eligibility, including any immigration/visa needs, benefit programs, and HR policies applicable to that position.

Korn Ferry is an Equal Employment Opportunity/Affirmative
Action Employer - Minority/Female/Disability/ Veteran.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age, or veteran status or any other characteristic protected by federal, state, or local law.

Job Summary

JOB TYPE

Full Time

SALARY

$661k-1.13M (estimate)

POST DATE

03/27/2024

EXPIRATION DATE

04/10/2024

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If you are interested in becoming a Managing Director, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Managing Director for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Managing Director job description and responsibilities

A managing director is someone who is responsible for the daily operations of a company, organization, or corporate division.

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Managing directors take a top-level view of workflows, budgets and regulating expenses.

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They develop and executes business strategies to achieve short and long-term goals.

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Reporting to the board, providing market insights and strategic advice is one of their responsibilities.

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Developing and implementing business plans to improve cost-efficiency.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Managing Director jobs

Managing a marketing department’s budget requires sound reasoning and mathematics skills.

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Build and enhance the company's public profile at events, speaking engagements, etc.

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Ensure company policies and legal guidelines are clearly communicated.

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Maintain positive and trust-based relations with business partners, shareholders, and authorities.

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Executives need to understand governance.

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Step 3: View the best colleges and universities for Managing Director.

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