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Sustained CEO confidence due to stabilising global economies and growing digitalisation and e-commerce have resulted in an increase in talent acquisition in key sectors, according to the latest edition of the quarterly Boyden Executive Outlook.
“CEOs and decision makers have only recently gained enough direct confidence to add talent and invest more in human capital growth,” said Trina Gordon, President and CEO of Boyden World Corporation. “In a number of markets, particularly in the US and the UK, organisations are undertaking increased senior executive hiring in key sectors.”
The expansion of energy companies into sub-Saharan Africa continues at a brisk pace, with companies that are well established seeking to improve efficiency of operations, working capital and stakeholder relations as top priorities. Thus, COOs, Country Managers and Supply Chain Management roles are in demand, according to Toby Lapage-Norris, Managing Partner of Boyden UK.
Central and Eastern Europe has become a growing hub for manufacturing production, attracting more talent from Western Europe and the US. Priority positions include COOs, General Managers and Supply Chain Directors. In Poland, in particular, the growth of “Aviation Valley” is increasing demand for top talent and the recovery of the German industrial sector are added catalysts, according to Zbigniew Plaza, Managing Partner of Boyden Poland.
In China, the industrial sector remains fairly robust and recruitment remains brisk for Country Managers, Managing Directors and Senior Sales Executives, according to William Farrell, Boyden Board Member and Managing Partner of Boyden Greater China.
In the Middle East, infrastructure related activities remain vibrant with oil rich countries continuing to invest in mega projects, which is a trend that is expected to continue, explains Magdy El-Zein, Managing Partner of Boyden Middle East.
In Latin America, hiring in the infrastructure sector looks favourable, mainly because of the approval of new laws regarding the expansion of ports, according to Aurea Imai, a Managing Partner at Boyden São Paulo.