Hiring Trends And CXO Hiring
Today, most CXO level roles are filled through executive search firms or through references and much less through advertisements in print media. Most global executive search firms have a firm foothold in the Indian talent market. Now Executive Search is synonymous with finding top notch talent. Firms such as Egon Zhender and Kornferry International have made sure that a career in executive search is very strongly mainstream and no longer 'off-beat'. Another influencing catalyst has been that of the booming digital media, search engines, social and professional networks, powered by the internet. Job searches are atheists in terms of location as companies vie for the best fit for the position. Access to potential candidates has become easier but fitment remains the key parameter. Box files full of CVs are a bygone feature as electronic database and communication clears the way. Skype, Whatsapp and professional social media has some features of the 90s; such as staying up late to get hold of candidates on their landlines; a long extinct exercise. The seasoned Indian talent today is in no way in a beeline for multinationals only and many prefer working for Indian origin corporate houses. The structured and rigid career path has given way to a radically fired culture where longevity is no longer the sole sacred virtue. In short, 'Cradle to Grave' company careers are passé.
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