1 (800) 363-1207

Executive Job Outlook

Widening the net just might catch a “Purple Squirrel”
A Job Seeker’s Perspective on Executive Job Search

The 2013 Mid-Year Executive Search Industry Global Outlook Report, by the Association of Executive Search Consultants (AESC), shows that 88% of executive search consultants hold a neutral to positive outlook at mid-year 2013 for the rest of the year ahead. Only 12% of search consultants harbor a negative view for July-December 2013.

The role of the Chief Marketing Officer (CMO) changed rapidly over the last few years. This has been due to numerous factors including the emergence of new digital marketing channels and the recent focus on data-driven results. The 2013 Future of the CMO Role Survey was conducted to learn more about the current conditions for global executives in the senior marketing function.

Advertising may pre-date “the world’s oldest profession.” After all, to attract a clientele, those practitioners first had to communicate their unique features and benefits and then convey how they differed from the nearby competition. Whether it’s an account that Gilgamesh, Sargon & Greenberg would have wanted is an open question but, today, thousands of years later, people still agree that sex sells...even if we don’t sell any actual sex – at least not publicly.

New survey finds that 38% of senior executives have a positive outlook on the global executive job market for the rest of 2013—up 12% from this time last year. 45% of global senior executives share a positive impression of the general business climate for the second half of 2013—up 10% over mid-year 2012.

The Association of Executive Search Consultants (AESC) recently sat down with CDS, an AESC member retained executive search firm from Japan, to discuss executive search industry changes and the outlook for executive job search.

AESC: Firstly, we’d like to offer congratulations to CDS from everyone at the AESC as you celebrate your 15th birthday this year. Can you tell us what the company did to mark this milestone?

HR executive searches have been in high demand by organizations worldwide. Boyden’s Leadership Series recently interviewed Catherine Gray, Principal of Boyden Chicago, to discuss the current hiring trends for Chief Human Resources Officers (CHROs) and what qualities are most sought after by top executive search firms hiring CHROs. The full interview, and a feature on Dean Carter, Chief Human Resources Officer of Sears Holdings, is available at www.boyden.com.

At one time, capable executives could reasonably expect to build and maintain a healthy career without having particularly strong expertise in technology. (Unless, of course, they wanted to be successful CTOs or CIOs!) Not anymore. The advent and explosive growth of the digital age has transformed the game, probably forever.
I was going to use the decline of the buggy whip industry as an illustration here, but online research showed me that this analogy is a bit off base. For example, one article indicated that companies that survived the emergence of the automotive industry most successfully were those able to adapt their technology for use with automobiles. Presumably, their executives saw a path that would position their companies for survival—and took it.

Transcribed from a Skype conversation with Robert Wong and Managing Director, Global Strategy and the Americas, Brian J. Glade, May 2013.

AESC: Thank you for taking the time to answer these questions about the United Arab Emirates search market. I’m interested to know what your outlook for the region and especially the United Arab Emirates now we’ve finished the first quarter of the New Year. But, first of all, can you share with us a bit about Vision Executive Search and the work you will do there in your new role?