Senior Executive Market Updates – Strong Market
The anticipated surge in the market for Senior Executives through the months of September, October and November is most definitely now a reality. The InterExec network of global Search Consultants report an extremely strong market across virtually all major business sectors and the key geographic markets.
The consistent feedback from that network is best summarised by a comment from a highly experienced Search Consultant – “Never seen the market busier than this period”.
There are many search firms that are reporting record quarters, which is a strong indicator that the market is very active across most sectors, geographies and functions.
As mentioned in previous feedback, the theme surrounding demand for diverse hires is still high on the agenda for many companies.
Sectors which are particularly active include:
• Real Estate
• FMCG / Retail / Consumer
• Technology / IT / Digital
With over 45 years of experience working with many thousands of Senior Executives InterExec is seeing a unique period of opportunity for those considering or seeking a new challenge to get that process underway. There are very real opportunities for outstanding people with experience who can drive the transformation and growth that corporations and companies are seeking.
On the Financial and Professional Services side, activity is significantly increasing which, in a normal year, is exactly what we would expect in September. This represents a return to normality.
Sectors with particularly high levels of activity are Risk, Regulation, Compliance, FinTech and Digitalisation.
On the Financial Services side the InterExec network report that opportunities are well spread geographically and encouragingly the areas in which Search Consultants in the major markets are expressing interest align with a market which is normalising and developing, with pockets of growth which reflect big picture economic and political developments.
Immediate areas of focus include Insurance, Asset Management, Relationship Management, Private Equity, Wealth Management, Corporate Finance / M&A and Investment Banking.
On the Professional Services side, specific areas of high interest comprise Consulting, opportunities in Education (Advisory and Delivery of Recommended Strategies) and Business Transformation (Strategy and Delivery with a focus on Digitalisation).
A continuing positive trend is investment from Middle East based organisations internationally, specifically looking at Europe. There is also specific growth across Technology, FMCG and Retail.
The InterExec network of Search Consultants provides up to the minute market information as well as detailed knowledge of current mandates by sector and region.
In searching for your next key challenge this is an ideal time to get that process underway to take advantage of the surge in appointments Search Consultants now have mandates for. Please do not hesitate to get in touch with the InterExec team.