Monday, April 13, 2009

2009 Global Executive Search Trends- Cook Associates

Here is an article on the global trends of executive search in 2008- 2009.

This has a picture of the ground realities of US, South Africa, Belgium, Malaysia, Brazil, Australia, India and Japan. It also gives the plans for a path forward in the current and projected scenario in the recruitment and executive search markets in these countries. Go to-

http://www.cookassociates.com/executivesearch/documents/trends_globalsearch.html

An excerpt:

Coping: Leading in 2009
Winston Churchill once said that attitude is one little thing that makes a big difference. Attitudes are contagious. In 2009, exuding a positive attitude will be one of the most important behaviors to help navigate through the turbulence.
“For years there has been a war for talent, now there is a war for employment,” says Schelstraete.
That is why Schelstraete is going to give hope to people he works with, highlight positive news, meet more candidates and keep clients aware of the opportunities for recruiting.
Barrick seconds the approach. “It is never easy to conduct a truly consultative service-based business,” says Barrick, “So let’s be nimble, let’s be innovative and let’s continue to deliver with passion.” “We have identified key short-term objectives and measure ourselves monthly in our progress towards achieving them,” says Barrick. “We have launched an internal campaign amongst all our staff called “passion lives here.”
Khoo of Malaysia is going to be more aggressive in her recruiting strategies aiming at more recession proof industries.
For Epperlein in Brazil, the solution of 2009 issues lies in transforming challenges into opportunities for growth.
Both Waite and McCool of Australia and the United States respectively agree that the solution lies in developing closer and more effective communication with the clients.
Meanwhile Wouters of Japan is going to focus on staying in the public’s attention by efficient marketing and public relations efforts.
Misra of India sees the way out by arming with key strategic tools. “In the current scenario, as companies employ “targeted hiring strategies”, it is important to equip ourselves, more than ever, with information and an active awareness of the availability of specific skill sets in the market place,” says Misra. Fortified with the right strategies, executive search consultants can help position prospective candidates more effectively.
Although the globe is bent with the hurdles of a rough economy, executive search firms see opportunities on the horizon. Good executives will no longer be adequate for futuristic companies looking for excellence in CEOs and hence, with executive recruiters. Thus, executive search firms will have to be ready to meet the demands of their clients and provide services better than ever before. Whoever withstands the storms of 2009 will be ready to embark again.

1 comment:

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