It’s going to be a very interesting year.Tim’s expertise includes c-suite and board director search and advisory, succession planning, executive assessment, team effectiveness, and culture shaping. This wonky market will eventually end and we’ll be back in a growth market once again…but 2023 is going to be a fight. To be clear, no one has ever told me that they made a leadership change too quickly. “I wished I would have made that change a lot sooner” will be a frequent refrain. Many will say to themselves, and advisors around them, “…I can't afford to make a change now, there’s too much going on, I can’t handle transition in that role right now.” Months later, we’ll hear from those who didn’t make needed changes with regret. Others will risk survival hoping that struggling executives in key roles will somehow be ok. It’s not a guarantee, but ensuring the strongest executives in each key role will give them a fighting chance. Companies with exceptional leaders have a clear edge. Strong CEOs and leaders will bolster their teams with proven experience. My 26 years of experience tells me that 2023 will be a year where: There's lots of opportunity with high quality companies. Between AI, enterprise and consumer tech, fintech and payments…there are many areas positioned for continued growth. Private equity is capitalizing on market fluctuations and building incredibly strong companies. Many well-run private and public companies have become lean and focused and are poised to take market share. All of this opens access to talent that’s been off the market for years.Īmidst the turmoil, there’s good news for executives as well. They’ve got experience ‘at high growth and scale’ and a new role may enhance their career growth. Lastly, executives at a handful of ‘academy companies’ are now quietly reaching out with interest to explore new roles. And there’s always a group of executives who are fully vested in their new hire grant, causing them to ponder diversifying their risk and wealth creation potential elsewhere. Others sit with equity valuations well underwater, tempting them with the prospect of a fresh "new hire" grant. There are great executives on leadership teams that aren’t being topgraded, frustrating and encouraging them to consider other options. Last year at this time, executives would often have two or three active offers. Today’s market is different than it was 12 months ago. The first weeks of 2023, the calls are more measured and deliberate – “I need a ‘strong’ CFO…we need an ‘experienced’ CEO…I need a Chief Revenue Officer who knows how to manage in tough times.” It's all hands on deck. The first week of 2022, calls were frenetic – “I need a CEO, CFO, a board director…how fast can we get a search done…we’re planning for an IPO…I need a leadership team fast!” The World Bank is proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and does not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.Īpplications should be submitted by 6th October 2023. Full version of the position description: The Secretary-General of ICSID will report to the President of the World Bank and serve on its Senior Leadership Team to ensure the success of the World Bank in fulfilling its mission of creating a world free of poverty on a livable planet. The Secretary-General’s mandate is distinctive given the scale, complexity, history, mission and reach of ICSID and the World Bank platform. Since its inception, ICSID has defined international investment law, creating norms and consistency in an evolving global landscape. Heidrick & Struggles is delighted to be partnering with The International Centre for Settlement of Investment Disputes (ICSID), one of the five institutions comprising the World Bank, in launching a global search for the next Secretary-General of ICSID & Vice President of the World Bank.Īs the premier international investment arbitration facility, the Secretary-General role at ICSID is a unique, impactful, and high-profile position within the World Bank and on the international stage.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |