Executive Search Firms Heidrick & Struggles to open their Israel office

Heidrick & Struggles, one of the world's leading headhunting firm, is setting up an Israeli branch, its second in the Middle East after Dubai. The company's activity in Israel will be run by Maya Pretsfelder, who previously served as an Associate at the firm's Global Technology and Services Practice in New York.

The company has entered the Israeli market in order to take advantage of the current momentum in the local tech sector. According to sources in the industry, the firm's activity in Israel is the result of approaches and pressure from big venture capital funds that have recently entered the Israeli market and are reporting difficulties in recruiting C-suite executives for fast-growing startup companies.

In this new market Heidrick & Struggles, would help local tech companies identify candidates for senior roles, and not just from the local market but internationally. It will seek candidates from abroad, as well as offer senior Israeli executives, who already have experience in the tech sector, similar roles overseas.

This is the 2nd attempt by Heidrick & Struggles to operate in Israel. They were present for a short period in the past in Israel but closed its local office in 2002 following the dot.com bubble burst and the cutbacks in the tech sector that led to a recession. The firm also closed offices in the U.S. and Europe at the time.

The current boom in the Israeli tech market has meant that the severe workforce shortage is being felt in the finance sector as well, with experienced employees with finance expertise receiving tempting offers from fintech companies.

Heidrick & Struggles was founded in Chicago in 1953 and opened its first overseas office in London in the 1960s, becoming the first headhunting firm hired by the British government. The firm currently has dozens of offices, including in Asia and South America, and it employs around 400 people. The company is traded on Nasdaq at a $900 million valuation, generating revenue of approximately one billion dollars with a profit of over $100 million. Heidrick & Struggles has experienced accelerated growth over the past year which explains the record demand for new CEOs. This came on the back of the slowdown in the sector in 2020, as well as the demand for more diversity, the changes in the demands from senior executives as well as the creation of new VP positions in the risk management and cybersecurity industrie

Comments

Executive Search 101 : The Art of Searching For Great Candidates?

Have you ever wondered how does the executive search firms find great candidates? Whether you been responsible for leadership hiring in your organization or a candidate, you would have heard the terms like "headhunters", "executive search firm" etc. These headhunters use a number of different tactics to ensure their client receives only the best candidates. So how does this whole situation work, and what steps can you take to maximise your return with one of the best executive search firm in India ? Let’s take an inside look desire in a candidate, and how to give yourself the best shot at catching the eye of the recruiter and leveraging that authority into an augmented executive position. Looking Beyond the Traditional CV. The main role of the search firm is to identify the best passive and active candidates for their client. Often, real-time interaction or referrals are used to complement prior accomplishments. Your CV may state that you bring a firm grasp of li

Top 3 Do’s and Don’ts Of Executive On-Boarding

You have spent countless hours and money to get a great candidate for your executive leadership team. The next important task for you as per the hiring process to get this candidate on-board. However great the candidate is, if you put them into a completely new situation with no transition, it’s hard to put those talents to work. An effective Executive on-boarding program makes the transition for new executives smoother, more efficient, and more positive, and allows new executives to transition quickly and effectively into their new roles. In fact a great on-boarding experience can play a critical role in ensuring a rewarding and long-term partnership between the executives and the employers. Here it is important to mention that ensuring a great on-boarding experience is a multi-faceted process and depends on a wide range of organizational factors. It is the awareness of this fact that leads the hiring organizations to seek the services of companies offering professional executive on

Top executive search firms in Dubai/UAE

Executive search firms also called headhunting firms provide specialized leadership hiring services to recruit candidates for senior, executive, or when you are looking for a specialised role or skill sets. Here is our list of the top executive search firms & headhunting firms in Dubai/UAE who work to recruit highly qualified candidates for senior-level and executive jobs across the various industries in the private sectors as well as for not-for-profit organizations. List of the Top Executive Search Firms in Dubai Egon Zehnder Key People Imran Saleem - Managing Partner Egon Zehnder Middle East Eduen Mobayed - Managing Partner, Global Real Estate Egon Zehnder started it's Middle East practice in Dubai in 2005. The headhunting firm has been able to identify and attract not only the top local talent, but also leverage Egon Zehnder's international footprint to recruit top executive and board talent. Contact Details Egon Zehnder International Lim

Googly - Resources for Recruitment

Search This Blog