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Globalization: The Leadership Challenge

March 22nd, 2009

Celebrating its 50th anniversary this year, the AESC (Association of Executive Search Consultants) recently marked the occasion with its annual conference in New York City, themed Globalization: The Leadership Challenge. In recognition of this milestone anniversary, there was a special Gala Dinner honoring search industry leaders past and present, including our very own, Roger Stoy (New York).

The presentations and panel discussions explored the leadership challenge in this new era of globalization. Joined by other CEOs from the executive search industry, Kevin Kelly, Heidrick & Struggles’ CEO, participated in a lively panel discussion focusing on the demand for executive search, the effects of globalization on the industry and how we operate, the pros and cons of the traditional retained executive search business model and the future of advisory services offerings.

Almost no one’s looking to fill top jobs right now–except banks, and no one wants to work for them. …Part of the problem is a “supply and demand issue,” said Kevin. “People don’t want to take the jobs that are available as CEOs of financial service companies.”

Discussing the possible threat of social-networking websites and other job sites to the executive search industry, Peter Felix, the association’s president commented, “I don’t want to be completely cavalier, but LinkedIn is terrific for what it does, but it doesn’t do senior-level assessment and recruiting. I am convinced there is a need for high-quality, high-touch, highly professional service at this level of management.”

The AESC’s annual conference provides high caliber content and top level attendees from the worldwide executive search industry.

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Jose J. Ruiz | Executive Recruiter
Heidrick & Struggles | Executive Search in Mexico