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IT services and global market conditions impact senior-level hiring with pay hikes expected. Roles in finance, consulting, and program management are in demand. Companies hiring for roles like chief AI officer, delivery head-AI, and CFOs. Skills in cloud computing, machine learning, and data engineering are sought after. Gartner forecasts $5 trillion IT spending in 2024, with India s IT spending growing. ....
Leadership transitions are pivotal moments in a company s growth journey, driven by both external circumstances and internal leadership decisions. Choosing between internal promotions and external hires is a strategic decision at these junctures. Internal promotions offer advantages such as familiarity with the business and culture, smoother transitions, and boosted morale. Progressive companies focus on creating internal talent pipelines to reduce hiring costs and maintain continuity. ....
Pharma and healthcare industries are witnessing growth, driving demand for leadership talent. Companies are seeking expertise in areas like API manufacturing, global market business heads, and CROs. Key roles like CIO, CDO, site head, operations head, sales leaders, and CFOs are in high demand, alongside private equity investments and tech leaders. ....
Hirings and firings in the technology sector are creating opportunities in emerging roles in non-tech sectors like manufacturing, healthcare, and various industries. Demand for leadership talent is increasing, focusing on skills like data science and ESG. Cultural fitment is a challenge for organizations and talent. ....
Talent churn in manufacturing leadership is currently at about 40% and the trend is expected to continue, given the demand supply gap with the API industry attracting robust investments, the executive search firm said in a report on Thursday. ....