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Published on June 12, 2020
Throughout the beginning of June, we have continued to see some tentative steps in the direction of a new normal for our clients. Officially, we are now in recession for the first time in almost 30 years. However, some of our clients are faring comparatively better than others. From our perspective, the Australian economy is fragmented with some industries including those in the broader professional services space including legal, accounting and consulting having more confidence to commit to search assignments than other sectors.
Whilst the volume of executive search activity continues to remain subdued, we are fortunate to be engaged by a number of firms predominantly in the professional services sector to locate leadership talent. These businesses include large ASX listed firms, multinational organisations and mid-sized growth organisations. A sample of our current opportunities include:
In parallel to job data, equity markets and economic indicators, the availability of executive opportunities has stabilised and expressions of interest in our roles remains at an all-time high.
Regardless of the health of the economy businesses have a need for strong financial guidance. Our recent assignments have centred around fundamental projects that have continued through this period including:
In summary, our advice to clients remains consistent, market-leading organisations that are engaging in search assignments today are being rewarded by access to more capable and more affordable talent than ever before. These businesses will win in the long-term as capability built now will provide scale when growth returns.
Published by
Practice Lead at Pacific Talent Partners | Human Capital & Talent
Strategy Consulting | Executive Search
Practice Lead at Pacific Talent Partners | Human Capital & Talent Strategy Consulting | Executive Search
Unfortunately that opportunity is now closed. We may have some other live or pending opportunities that might be of interest. If you would like to hear from us regarding these please include your details here and one of our team will be in touch shortly.