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Executive Job Outlook

First quarter results from the 2014 executive search and leadership consulting industry trend data, recently published by the Association of Executive Search Consultants (AESC), revealed a rise (+3.5%) in the number of new executive searches started within the financial services sector on both a yearly and quarterly basis, as well as market share growth. These trends prove that now is the optimum time for financial services executives to dive into the job market to find their next opportunity.

Searches Started Quarterly by Industry

Money makes the world go round. As such, the continuing interest in financial services comes as no surprise to avid industry watchers. Based on my experience of nearly 18 years in this industry, here’s the low-down on the latest trends and the accompanying career opportunities in this area:

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The AESC and BlueSteps recently had the opportunity to speak with a group of AESC member executive search consultants who specialize in placing executives in the financial services sector. During the interviews, each consultant provided enlightening information about numerous issues in the sector including the impact of digital transformation.
 

The AESC’s BlueSteps survey of 508 senior executives worldwide finds more executives are feeling optimistic about the year ahead versus their outlook last year.

Digital and mobile are givens, but the medium is nearly irrelevant

The beginning of the year – any year – is filled with reviews and forecasts: what worked, what didn’t, what will, and what’s next. It’s all bloviation.
 

In the 2013 BlueSteps Executive Job Trends: Industrial & Manufacturing Report, senior-level executives who work in the industrial & manufacturing sector gave their predictions for 2014. These predictions included the top 5 factors that would influence the sector (cost reduction, human resources, automation, energy efficiency and onshoring), company preparedness for the effects of digital transformation, priority skills for executives working in this sector and their top career concerns.

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