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Foreign lands turn hunting ground for CXO search companies

Global CEO and CXO searches by Indian companies and MNCs focus on specialist roles in high-tech sectors like automotive and pharmaceuticals, emphasizing expertise in data centers, cloud computing, and EV technologies. Returning Indians are sought for their industry knowledge.

Singapore , London , City-of , United-kingdom , Mumbai , Maharashtra , India , Canada , Jyoti-bowen-nath , Puneet-pratap-singh , Advent-international , Middle-east

tech skills: Boards are getting younger as cos look for tech skills in directors

According to data from Primeinfobase, about 830 first-time independent directors were appointed in calendar 2023, up from 776 the previous year and 518 in pre-pandemic 2019. The average age of these first-time independent directors has declined to 53 years in 2023 from 59 years five years earlier.

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leadership: Companies enter 'empathy' in CXO search bar

Prominent leaders such as Naushad Forbes, Saugata Gupta, Bharat Puri, Pankaj Arora, and Shailesh Haribhakti stress the significance of empathy in leadership. Companies recognize the need for employee engagement and value leaders who demonstrate both performance and empathy.

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Wanted: Only female CXOs

Large Indian companies and multinationals are actively seeking senior women professionals for top management roles, driven by a focus on ESG standards and the desire to improve diversity at the CXO level. Investors are also increasingly interested in companies that prioritize gender diversity. Several executive search firms have reported mandates to exclusively look for female candidates for CFO, COO, CHRO, CMO, CTO, CLO, and CEO positions.

India , Mumbai , Maharashtra , Lucknow , Uttar-pradesh , Sri-lanka , Kozhikode , Kerala , Bangladesh , Aparna-iyer , Meleveetil-damodaran , Suman-hegde

women jobseekers discrimination: No vacancy for women: India Inc tightens scrutiny of women jobseekers

In India, employers are increasingly scrutinizing female job seekers due to perceived biases against women in a tightening job market. While more often female candidates are indirectly probed, it is an important criterion in selection amid shrinking team sizes, more people chasing fewer jobs, and pressure on margins. This is a setback to the overall drive to increase women's participation in the workforce.

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CEO searches: Stretched timelines: What's extending the duration of CEO & CXO searches?

Many seasoned pros are dropping off at the fag end of the notice period even after accepting an offer, said at least half a dozen leadership search companies. This is leaving companies, leadership consultants and even boards in a quandary as the time taken to fill a CEO/CXO vacancy - from the start of a search process till the person joins the new company - has extended more than ever before, said people linked to C-suite searches.

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Companies go on a big legal talent hunt

The scramble for the best and the brightest legal talent has been ignited by a constantly changing regulatory environment, rising focus on corporate governance and ethical standards, and regularly evolving GST structures. This is leading to a massive churn in CLOs, said HR consultants and company officials.

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IIC Partners Adds New Member Firm in India - Hunt Scanlon Media

IIC Partners Adds New Member Firm in India - Hunt Scanlon Media
huntscanlon.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from huntscanlon.com Daily Mail and Mail on Sunday newspapers.

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Hiring for white collar jobs spikes 35% in Q1 of FY 2022 - The Hindu BusinessLine

Hiring for white collar jobs spikes 35% in Q1 of FY 2022 - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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Now hiring: 'Temp CXOs' for India Inc - Times of India

Now hiring: ‘Temp CXOs’ for India Inc
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Now hiring: ‘Temp CXOs’ for India Inc
Namrata Singh / TNN / Updated: Mar 11, 2021, 09:48 IST
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The trend of ‘temp CXOs’ is gathering momentum as companies become conscious of fixed costs, taking advantage of a large pool of ‘super specialists’ looking for short job stints during the pandemic, say executive search firms. (Representative image)
NEW DELHI: A mid-sized manufacturing company wanted to consolidate its business by shutting down one of its factories. But it didn’t have a person in a senior leadership position who could handle the various aspects of a closure, including labour and compliance issues.

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