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Executive Job Outlook

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?

The AESC and BlueSteps recently had the opportunity to speak with Clarke Murphy, CEO at AESC member, global executive search and assessment firm Russell Reynolds Associates.
Clarke Murphy, Russell Reynolds Associates

The AESC and BlueSteps recently conducted interviews with leading executive search firms in the Asia Pacific region for their insights into the executive job market in South Korea. The following interview is with McKinney Consulting.
The AESC and BlueSteps recently completed a Q&A with Search Firms in the Chinese market to find their outlook for 2013. First in line we interviewed UHunt, a locally established firm, which was established in early 2008.

AESC: Now that we have begun 2013, how would you describe your outlook for China for the rest of the year?
The AESC and BlueSteps recently released a whitepaper on the 2013 Healthcare sector in the United States amid new reforms and the Patient Protection and Affordable Care Act. The paper presents one-on-one interviews and commentary from leading AESC retained executive search consultants who specialize in placing executives in the Healthcare sector in the United States.

Below you will find an interview excerpt and a link to download the complete whitepaper.
A study of industry trends, companies and candidates behavior during 2012 for the Executive Search profession by the SommerGroup.

Looking at local Executive Searches, there is a trend of border movement amongst executives when carrying out position search for Peru, as well as hiring foreign candidates for positions in Chile. We also observe high availability of Argentinean and Spanish candidates interested in working in our country. This matches the demands of our multinational or national customers that have recently been into a strong internationalization process and request positions knowing about expatriate matters in order to address the mobility of executives to and from Chile.

An article published yesterday in Bloomberg Businessweek about the growth of in-house recruiting and its impact on the executive search profession, as with a similar article published on October 9, 2012 in the Wall Street Journal, fails to put the situation in complete perspective and is highly selective in its use of statistics published by our association, the AESC.
The 2013 Executive Search Industry Global Outlook Report just released by the Association of Executive Search Consultants (AESC) shows that half of global executive search consultants hold a neutral outlook for the executive search busi­ness in 2013 - an ongoing trend since the end of 2011. The remaining 29% of search consultants feel optimistic, sharing a positive outlook, while the minority (22%), harbor a negative view for 2013.