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Would you let amateurs choose your CEO?
Would you let amateurs choose your CEO?
Why companies turn to search professionals
ZURICH - In the increasingly frenetic, worldwide search for executive talent, more and more companies are turning to search consultants to find senior leaders, says Urs Wüthrich, Zurich-based Chairman of IIC Partners.
As a result, revenues of the world's top 20 executive search organizations rose 16 per cent in 2005, according to Executive Recruiter News, a leading trade publication for the industry devoted to finding and retaining senior corporate managers.
''At IIC Partners, our revenues rose 38 per cent in 2005, surpassing $100 million for the first time,'' Wüthrich said. ''And in the first half of this year the pace of transborder searches - those involving offices in two or more countries - has more than doubled.
For more on this story and others, please visit www.iicpartners.com/iicnet.
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Infrastructure
