AER Summer Conference highlights
AER Summer Conference highlights ever-changing nature of executive market place
The Association of Executive Recruiters, the sector group of the Recruitment and Employment Confederation (REC) that focuses on the executive search market, held its Summer Conference at which the ever-changing nature of this market was highlighted.
Keynote speaker, Dr. Graeme Codrington took as his theme Disruptive Times Ahead in which he looked at the five forces which could provoke changes in the future world of work over the next decade.
He explained that the most successful companies in the next few years will be those that find ways to be strategically responsive. But to do this, everyone at every level within the organisation must understand these forces which are Technology, Technology, Institutional upheaval, changing Demographics, the Environment and shifting Societal values. These are, as Codrington put it, the T.I.D.E.S. of change.
Only through comprehending these can employees then contribute to the companys success.
Taking up the theme of change was Sarah Churchman, Head of Diversity and Engagement at PricewaterhouseCoopers. She said that while the need for increased diversity in the boardroom is nothing new, what is new is the view expressed by many firms that promoting diversity is a pre-requisite. In todays world, she explained, a balance and diverse board is essential to stay ahead of the competition by sending an important signal to shareholders, investors, customers, the public and employees.
Rounding off the conference, Derek Smart, Chair of the AER, led a discussion on increasing the current share of retained assignments. He was joined in this discussion by the Daily Telegraph and Thomas International.
Commenting on the proposed revival in retained market share, Smart said:
Maybe with competition from executive websites amongst others, it is time to consider a more acceptable and palatable method which can be a very useful 'USP' to gain new clients and repair the damage to pre-recession client relationships which have drifted apart.