Issuesintherecruitmentworld
Inthecompetitiveworldofinvestmentbanking, goodseniorexecutivesarenoteasytofind. Sowhatshouldtheindustryshard-presseddirectorsdowhentheyneedtofindseniorstaff? Increasingly, theydecidetocallintheheadhunters. Thesearebusyandprofitabletimesfortherecruitmentagenciesthatdominatetheworldofexecutivesearchandselection.
(0) .....Theyneedednewpeopletorevitalisetheiroperations, andtheresulthasbeenaboomintherecruitmentmarket. Pinnacle, aleadingrecruitmentagency, hashelpedvariousUKinvestmentbankstorebuildtheirentireseniormanagementteams. Itishardtooverstatethesignificanceofthis. (8)............
Butnoweverythinghaschanged, andPinnacleisnottheonlymajorplayerinthefield. SomeanalystsbelievethatrivalrecruitmentspecialistsALTAssociateshasalargershareofthemarket. However, thereislittledoubtthatoverits 13-yearhistory, Pinnacleanditschairman, MatthewEdwards, havebuiltupanimpressivereputation.
Edwardsestimatesthathiscompanycontrolsbetween 10 and 15 percentoftheheadhuntingmarketforseniorinvestmentbankingjobsintheUK. (9)............Rather, itisthehigh-calibrejobsandpeoplethatPinnacledealswiththatdefinethecompanyssuccess. Forexample, thecompanywasrecentlycommissionedtofindanewchairmanforNBSBank, avacancythatwasoneofthemosttalkedaboutinthebankingworld.
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