Executive hiring forecast for 2011
January 8, 2011 by Anonymous
There are many reasons to have an optimistic outlook for executive hiring in 2011, including the momentum that slowly built up over the past year after a sluggish 2009.
by Mike Travis
2011 is shaping up to be a good year for executive hiring. An improving business climate, a loosening of VC investment, and a hint that the public markets are reopening are all cause for optimism.
Executive search firms are seeing concrete evidence of the improving economy. At a recent meeting of New England executive search consultants, the vast majority of us reported a strong uptick in business starting last summer. The two publicly-held search firms, KornFerry and Heidrick & Struggles, have also reported robust growth.
While most executive search consultants expect a strong 2011, we don’t have a great track record when it comes to predictions. Many, myself included, thought 2009 would show gradual improvement. We were wrong. This time, however, there is a lot of data to support our optimism. Here are some examples:
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