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BlueSteps, the executive career management service of the Association of Executive Search and Leadership Consultants (AESC), released today its annual Executive Career Outlook Report. To glean insights for the report, BlueSteps surveyed over 800 senior-level management professionals globally on what trends they are seeing in the executive job market. What BlueSteps found was worldwide, executives are more optimistic about the state of the global executive job market compared to previous years due to economic indicators and recent fiscal policies.

We're proud to announce the release of our newest report, The BlueSteps 2019 Executive Career Outlook, currently available to BlueSteps members. The report features insights from over 1,400 senior management professionals globally to help you grow your career. 

While the average tenure of chief marketing officers (CMOs) has remained relatively steady at the top 100 most-advertised brands (44 months in 2017 and 42 months in 2016), it’s worth mentioning that the early part of 2018 has proven to be quite extraordinary – and not in a good way. An usually high number of well-known brands that we track across a number of key industries have undergone a change in the top marketing role this year.

With unemployment at record lows, combined with baby boomers retiring at an all-time high, companies are competing for the best talent, especially at the executive level. Today’s hiring process indicates companies are relying on artificial intelligence and algorithms as part of the mix to choose the next hire.

Trends:

For managers across the spectrum, the Millennial generation work force is growing in numbers. Forbes suggests that 80% of hiring managers have a view their Millennial employees have narcissistic tendencies, but that this may stem from different generations not understanding each other and their thought place of what a workplace should be. Traditional team based management structures are under threat by an evolution in work environments.

As the world’s 11th largest country, 15th largest by GDP and one of the most open economies globally, business in Mexico is making it an emerging giant in the global marketplace rife with opportunity. Most US and European multinationals operate in Mexico, as do some from Asia. The country has produced its own multinationals and multilatinas and incubates flourishing start-ups from across Latin America.

Executive job seekers possess a breadth of operational and leadership skills that can be applied to a diversity of industries. Perhaps you are interested in enhancing your skills set or maybe your current industry is one of those dying breeds, affected by the evolution of technology and the ever-evolving business landscape. To maximize your chances for success, you will want to source job opportunities within those industries that are growing and have higher executive growth.

BlueSteps, the executive career management service by the worldwide Association of Executive Search and Leadership Consultants (AESC), released today their 2017 Executive Career Outlook. The new report collects insights from more than 1,200 management-level professionals around the world, from Director-level through C-suite, on their outlook for executive job opportunities across industries, functions and geographies in the year ahead.

How has technology changed the assessment of candidates and what opportunities do these innovations create? 

The dramatic rise of technology over the last decade has equipped executive search and leadership consulting firms to serve their clients in new and increasingly transformative ways – fusing new tools and techniques with the traditional foundations of the profession. It’s not too long ago that an executive search consultant’s little black book was their biggest asset. But the technological developments of the last decade have codified what executive search consultants have always known about leadership into useful identification and assessment tools.