2010 BlueSteps Mid-Year Executive Outlook Report

60% of Senior Executives Ready to Make Career Moves

BlueSteps.com executive outlook survey shows a majority of senior executives now more willing to consider new opportunities

Louise Kursmark, Principal of Best Impression Career Services, recently delivered an Executive Seminar designed exclusively for our BlueSteps members on the topic of how to ‘Unlock the Secrets of Networking Success’.

This informative session outlined a few key pieces of advice to bear in mind whilst networking to find your next executive job:
The landscape for executive search in the Financial Services sector is markedly changed as we emerge from the global recession. Asset & Wealth Management, Consumer & Commercial Banking, Insurance, Real Estate, Investment Banking, Capital Markets and Alternative Investments each face their own business challenges and opportunities, which in turn will impact executive search and job creation in the sector. Read on to learn about the key changes in the financial services sector and how this affects your executive career.

Putting Your Best Foot Forward

The following article was taken from the AESC's Candidates Bill of Rights - a document created to inform senior executives of how they should work with executive search consultants (also known as executive recruiters or headhunters). Read below to learn how to put your best foot forward and achieve the most out of each engagement with search consultants.

Executive Search Consultants

Following The Past, Present and Future of Executive Search blog post by AESC executive search consultant, Albert Hiribarrondo, here is an industry outlook by Peter Felix.

Former President of the Association of Executive Search Consultants (AESC) Peter M. Felix discusses the future of Senior Executive Recruitment

BlueSteps recently asked AESC executive search consultant Albert Hiribarrondo about the past, present and future of executive recruitment in France. Albert's answers are indicative of the current executive recruitment situation across the world and his advice to stay positive applies to all executive job seekers and search consultants alike.

Stock Markets
"Companies cannot wait for recovery,
they must invest and develop"

After asking many executives what characteristics made a successful leader, I created a list of the 20 top answers. Are you following all 20? And with the right experiences can all executives learn to be leaders?

1. Ethical and Corporate Social Responsibility (CSR) - leadership sets the standards and culture for ethical behavior.

2. A Leader is there to serve - A truly successful leader understands that you are there to serve your team, not to be served.

3. A vision of commitment to the organization - Leadership is about creating a vision that inspires those who work for and around you to participate actively in key goals, objectives and the overall mission.

The ownership of developing one’s career rests more with the individual than with the employer. Although there are occasions when the employer initiates a move and provides exciting opportunities to high performing executives or those with unique expertise and skills, it is wise for the individual to initiate these opportunities. Senior Executives should evolve their career management strategy by assessing the surrounding environment and match potential opportunities or directions with career aspirations and needs. Assuming a passive role and expecting natural events to direct the best paths can only be construed as leaving control of one’s destiny entirely to others!

New Survey from BlueSteps.com Shows 55% of Senior Executives Unsatisfied with their Work-Life Balance
In April 2010 BlueSteps surveyed over 800 global senior executive members to discover the latest attitudes to work-life balance (The Economist Intelligence Unit assisted with the development of survey questions). Of those surveyed, over half reported that they currently do not have a satisfactory work-life balance – the highest dissatisfaction figure recorded since the survey began in 2006.

The global economic crisis has led to customers downgrading their purchases in terms of both quantity and quality, and are asking harder questions about how your product or service is truly differentiated from others. In ordinary business situations, and especially during economic downturns, the power of a brand can truly never be underestimated in answering this basic consumer need.

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