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Mid Year Search Industry Outlook Reveals China, India and Brazil Expected to See Greatest Shortage of Talent



The mid-year executive search industry outlook is positive according to the majority of consultants, with confidence rising 11% from the start of 2010. The findings reveal that 67% of search consultants expect to
There are federal employment laws which impact your executive career. When professionals and executives transition in or out of a company, there is a myriad of issues to consider. Compensation, severance, benefits, retirement accounts, non-compete clauses, discrimination, and other legal rights are being negotiated and can dramatically affect your career.

Employment Law

Interpersonal relationships are the greatest challenge for leaders in business, especially for those in senior executive management positions. As a leader you must prepare to operate across many racial, social and generational lines, and accommodate multiple working styles. Each situation, team and organization requires a specific approach. Gain a competitive edge in leadership positions by following the 6 critical steps outlined below by Adriana Prates, president and founder of AESC firm, Dasein.
 
When the job market gets gloomy we ponder about other options to keep ourselves gainfully engaged. To those who have been out-placed (with or without due compensations) one of the thoughts that quickly occur is ‘Why not consult until I find the next right job?’ It is an exciting option provided we are absolutely prepared and clear about what we are getting into. There are always the not-so-obvious points to consider before plunging in. This article will discuss the concept of assignment-based partnering – that is, offering to collaborate and form teams with other consultants or consulting organizations on short and mid term assignments.

Maintaining existing relationships is as important as building new ones. It is easy to prioritize exciting new contacts made within your target industries or organizations, while neglecting those important long-term relationships. However, the contacts that will help you the most, especially during an executive job search, are those that you nurture and maintain.

BlueSteps recently released a guide on retained executive search to all our members, featuring advice on how to best work with search consultants and how to develop your network to include relevant executive recruiters. Read on for our expert advice, and a selection of our top tips:

1. Know the executive recruitment market – ask search consultants in your network to comment on your industry marketplace and learn from their outlook – which areas are performing well? Can your skills transfer to these areas? All BlueSteps members receive worldwide executive search industry reports from the Association of Executive Search Consultants (AESC), with access to search industry expert speeches and panels.

2. Become a Source - Don't forget to offer yourself as a source to AESC search consultants if they call and offer any contacts you think will be useful to complete their search. This is the best way to provide a two-way networking process with search professionals.

Trust and Communication – The Keys to Successful Teams

Today, with business competition, customer expectations, new technology, and many other developments, it is more critical than ever to build teamwork in your organization. The many challenges that your organization faces, the more critical it becomes that teamwork is effective. The key elements to successful teamwork are trust, communication and effective leadership; a focus on common goals with a collective responsibility for success (or failure). However, without trust and communication the team will have difficulty functioning effectively.

 

The landscape for executive search in the Technology, Communications and Media Sector is markedly changed as we emerge from the global recession. Computing Systems, Software, Communications Services and Technologies, Digital Media, E-Commerce and IT each face its own business challenges and opportunities, which will impact executive search in the sector. In a recent BlueSteps Tele-Seminar, senior executive search consultants from AESC member search firms discussed how the sector has restructured, the outlook for further changes and growth, the likelihood of leadership changes and talent shortages, and the impact of globalization.

Moderator: Peter Felix, President, AESC

Executive Search Firm Panelists:
Recently the AESC published their Q1 State of the Industry Report that revealed the Asia Pacific region to be experiencing the fastest recovery in the executive job market - receiving an extra +48.3% of business as compared to Q1 last year. These results were followed by North America (+29%) and then Europe (+26%). In order to gain a closer insight into the state of the Asia-Pacific executive job market, we asked an AESC executive search professional (often referred to as executive recruiters or headhunters), to comment on Australia’s unique position in the region.
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