Increased Advancement Opportunities for Executives in Latin America


Yet, Work-Life Balance Remains a Struggle

Releasing the results of the 2012 Focus on Latin America study, BlueSteps.com, the executive career management service of the Association of Executive Search Consultants (AESC), announced that, of those executives currently working in Latin America, who have also worked in other regions, 52% find advancement opportunities in Latin America to be better compared to advancement in other regions. Only 24% rated advancement in the region as less favorable.

While executives in the region viewed advancement opportunities as positive, work-life integration did not receive high marks for the region, with half (50%) of executives working in Latin America reporting work-life balance to be unfavorable compared to other regions, while 15% reported no distinct difference.

The study also includes interviews with executive search consultants from AESC member search firms based in Latin America, which revealed industry and employment trends unique to the region. “Construction is booming mainly in Rio de Janeiro, which is being driven by the World Cup and the Olympics being held in Brazil,” commented Jeffrey Abrahams, founder and managing partner at Abrahams Executive Search.

“The average GDP growth in Colombia in the last decade has been significantly above the world’s average,” said Ana Cristina Botero, managing director at Aristos-Stanton Chase based in Bogotá. “In Mexico, the GNP growth for this year is expected to be between 3.5% and 4.0%,” added Xavier de Zamacona, founder and managing director at DeZaSearch in Mexico City.
AESC managing director for the Americas, Brian J. Glade, commented that “Our member firms’ experience in these markets bear out what we are seeing regionally: that Central and South America are high growth areas currently, with much opportunity for quality retained executive search firms.”

A complete copy of the BlueSteps 2012 Focus on Latin America Report is available to BlueSteps members at this link (must be logged into your account), AESC members, and the press. Contact Joe Chappell at jchappell@aesc.org for more information.
About The Association of Executive Search Consultants (AESC)
The Association of Executive Search Consultants (AESC) is the worldwide professional association for the retained executive search industry. The AESC's mission is to promote the highest professional standards in retained executive search consulting, broaden public understanding of the search process, and serve as an advocate for the interests of its member firms. For more information, or to view the AESC Code of Ethics and Professional Practice Guidelines, visit www.aesc.org. The AESC also offers CorporateConnect, a service for the HR community offering executive search industry information and access to the AESC membership.

About BlueSteps
BlueSteps.com is an online career management service for top executives around the world. As an exclusive service of the Association of Executive Search Consultants (AESC), BlueSteps enables senior-level executives to be visible to over 8,000 AESC member executive search professionals who use BlueSteps to locate candidates.  BlueSteps also offers career management content and tools tailored for top executives.  For more information, please visit www.bluesteps.com.


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About the author

This article was written by Joe Chappell, Managing Director, Global Marketing at the Association of Executive Search Consultants (AESC).

About the Association of Executive Search and Leadership Consultants

Since 1959, the AESC has set the standard for quality and ethics in executive search and leadership consulting worldwide. Because AESC members must commit and adhere to the AESC's industry and government recognized Code of Ethics and Professional Practice Guidelines, clients can be assured that AESC members are able to serve as trusted advisors for their most important engagements. As the voice for executive search and leadership consulting worldwide, today the AESC is comprised of more than 350 member firms, representing 8,000 executive search professionals in 75 countries. To learn more about the AESC and its membership, visit www.aesc.org.


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