Executive search agents are a propelling force in the talent arena that catalyses changes in today’s VUCA business world. However, the Executive Search function does not have a century long history; rather it has gradually grown and taken up a prominent place in the last five decades gone by. Today, Executive Search Services extend around the world and in China alone there are already more than 50,000 headhunting firms. Apart from International firms like Egon Zehnder International, Boyden, Tran search, Cornerstone International, Heidrick & Struggles there are firms like Hudson, China Headhunters and Bo Le Associates which are regional specialists in Asia. In India too, the Executive Search industry has been growing. India Inc. boasts of several top executive search agencies.
Today, retained executive search business generates revenue of more than US$10 billion a year around the world. Like any other industry, the Executive Search industry too has faced pressing challenges.
