Executive stress
3 April 2012
As senior candidates prove increasingly difficult to source, how can executive search firms weather the economic downturn?
It seems ironic that a large recruitment organisation like Hays cannot find a suitable successor to its previous chief executive, John Cole, who resigned last June. But the situation facing Hays demonstrates why firms specialising in search and selection of top-tier managers are encountering tough times in the economic slowdown.
Announcing disappointing sales...