siliconindia | | APRIL 20224 Vol 10 · Issue 08 - 02 · APRIL, 2022 Publisher Alok Chaturvedi Editor Emmanuel Christi Das Editorial Team Aveek Pal Chaudhuri Hima P M Mandvi Singh GM - Sales & Marketing Rohit Kumar Advertising Managers Editorial queries editor@siliconindia.com To subscribe Visit https://www.siliconindia.com/subscribe/ or send email to subscription@siliconindia.com Cover price is Rs.150 per issue. Printed and Published By Alok Chaturvedi on behalf of SiliconMedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017. Editor Alok ChaturvediCopyright © 2022 SiliconMedia Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.advertise@siliconindia.com Visualisers Girisha M Rajesh R B Group Art DirectorAshok KumarCirculation Manager Magendran Perumal Ashwini D Naik Shilpa Selva Felisha Rita Correspondent Soumya JAssistant Editor Ananth VAssociate Editor Indranil Chakraborty The task of executive search has always been part of an advisory relationship, but when did the service evolve into a profession? In the mid-1940s, businesses in the US and Europe began to adapt to postwar prosperity. This led to the rise of competition for experienced executives, and a willingness to look for those leaders beyond the company walls and across international borders. In turn, that growing demand was the catalyst for the emerging executive search profession. Originally a function of management consulting, executive search became a thriving profession for consultants and a competitive advantage for clients. By the 1960s and 70s, the need for experienced executives outpaced companies' ability to fill those positions internally, and a more open market for talent expanded the demand for executive search. Today, executive search is a $12 billion industry.The executive search industry is comprised of organizations engaged by companies to source qualified candidates for high-level positions. Generally, candidates are for C-suite roles and other senior leadership positions, however executive search firms sometimes also locate candidates for highly specialized roles subject to strong market demand, such as data scientists, programmers or medical specialists. Many executive search firms also offer various leadership consulting services. Executive search firms are engaged by a wide range of industries, with the industrial sector, consumer/retail and financial services being the most prevalent. Notably, the not-for-profit sector has less industry representation than the private sector.Neverteless, in the last 20 years, global markets have undergone massive shifts, and what were emerging markets are now poised to exert a powerful influence on the world economy. How we communicate has amplified millions of voices, sparked social change, and connected continents. Technology continues to reinvent how people live, work and conduct business. Executive search has changed, too.Emmanuel Christi DasEditoreditor@siliconindia.comHeadhunting has Evolved, So have the Industries Editorialsiliconindia | | April 20211951 AUGUST2020 | |August 201935
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