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Why Leaders Matter in Innovation

The article paints a clear picture of the challenge Banga faced. The payments industry was on the cusp of disruption, and Mastercard needed to move beyond the established 15% electronic market share towards the vast, untapped potential of cash and check transactions. However, employee surveys revealed “innovation” ranked a lowly 26th in factors employees deemed important for the company’s future.

HBR's 10 Must Reads: On Strategy

Companies achieve sustainable competitive advantage through strategic positioning. This involves either performing different activities from rivals or performing the same activities differently. Strategic positioning requires making trade-offs and ensuring alignment among a company’s activities. (e.g., Mercedes prioritizes high-end service offerings and doesn’t compete on price)

The Dynamics of Performance Management Systems in India

Performance Management in the Indian Context

India's business environment is characterized by its cultural diversity, rapid technological advancements, and dynamic workforce. A strong performance management system is essential for aligning individual and team goals with broader organizational objectives, fostering employee development, and ultimately contributing to the overall success of the company.

The Talent Management Advantage

What is Talent Management? Talent management refers to all the strategies and processes an organization uses to attract, retain, develop, and deploy its workforce. It encompasses activities like recruitment, training, performance management, and career development.

Coaching return on investment ROI

Executive coaching is a form of professional development targeted specifically at high-level leaders and executives. It involves a one-on-one partnership between the executive and a trained coach who helps them unlock their full potential and achieve their goals. The coach acts as a sounding board, advisor, and accountability partner, providing guidance and support on a range of leadership challenges.

Diversity and Inclusion in Executive Search - Cornerstone India

The tide is turning in executive search, with diversity and inclusion becoming the watchwords of the day. This is not just about checking boxes or quotas, but about actively seeking and promoting a wider range of qualified candidates. Gone are the days of homogenous boardrooms, replaced by a growing recognition that varied perspectives fuel innovation and pave the way for sustainable success. Companies now understand the immense value of diverse experiences and backgrounds, as they foster creativity and lead to more informed decision-making. This shift is not just to do the right thing, but to build stronger, more successful organizations that reflect the richness of the world around them.

Why Organizations Hire Executive Search Consultants

Organizations partner with executive search consultants for several reasons, especially when hiring senior management and executive positions. These roles are vital because they guide an organization's strategies, shape its future direction, and play a significant part in its growth and success. Executive search consultants offer a personalized approach to finding the best candidates, saving organizations…

Strategies for Identifying and Attracting Top Executives

Before diving in, it’s vital to recognize the evolving landscape of executive search. The executive search landscape has undergone a dramatic shift, leaving behind the days of static ads and generic job postings. Today, success hinges on embracing a dynamic approach. Imagine a skilled team scouring specialized online platforms and databases, unearthing hidden talent pools invisible to the traditional eye. Picture engaging with potential candidates through targeted social media recruitment, tapping into their active professional networks.

Challenges in the Global Executive Search Landscape in 2024

Executive Recruitment Trends Reshaping the Game: ● Increased demand for diverse leadership: Organizations are prioritizing diversity and inclusion at the executive level, seeking leaders who reflect their global workforces and customer base. This presents an opportunity for search firms specializing in sourcing diverse candidates. ● Global Talent Pool Expansion: Globalization has broadened the talent pool, giving organizations access to diverse leaders with unique skill sets and perspectives. However, navigating cultural nuances and managing geographically dispersed teams presents new challenges. ● Rise of the Candidate-Centric Market: Today’s top executives are discerning and have more options than ever before. Building strong employer brands, fostering transparent communication, and offering competitive compensation packages are key to attracting and retaining top talent. ● Technology’s Disruptive Influence: Artificial intelligence (AI) and data analytics are playing an increasingly important role in executive search, driving efficiency and accuracy in candidate identification and assessment. However, ethical considerations and the human touch remain vital aspects of the process. ● Social Media and Online Networking: Executive search firms are actively utilizing social media and online networking platforms to identify and connect with potential candidates, expanding their reach and tapping into hidden talent pools.

Why Employers Must Offer Outplacement Support

Benefits of Career Transition Services: The professional world is a dynamic landscape, constantly in flux. Businesses evolve, industries restructure, and sometimes, difficult decisions around personnel changes become necessary. While employers strive for stability, unforeseen circumstances or strategic shifts can lead to employee separations. In these turbulent moments, a proactive approach called “outplacement support” emerges as a beacon for both employer and employee.

Why HR Needs an Executive Search Partner

Many times, we at executive search firms encounter a scenario where top management already has 2 to 3 preferred candidates in mind for a C-suite role. While it’s understandable to have internal favourites, we always advise companies to follow the comprehensive search process and meet with other qualified candidates. This ensures a thorough evaluation and expands the pool of potential game-changers. After all, in today’s ruthless talent landscape, finding the perfect C-suite candidate isn’t just about filling a vacancy; it’s about securing the visionary leader who will propel your company to new heights.

Finding Purpose in Leadership

Leaders who are purpose-driven help their employees find meaning in their work. This can lead to increased employee engagement and retention. When implementing purpose-driven leadership, it is important to remember that purpose is unique to each individual.

Benefits of Executive Coaching beyond Performance

Executive coaching is often viewed as a tool for improving performance and boosting the bottom line. However, the Forbes article by John Mattone highlights several surprising benefits of executive coaching that extend far beyond just achieving better results.

The article emphasizes that coaching goes beyond simply teaching skills or providing feedback. It’s a collaborative partnership that helps leaders unlock their full potential and navigate the complexities of their roles. Here are five unexpected benefits of executive coaching you might not have considered:

Finding the Best: Cornerstone India’s Recruitment Expertise

Finding the right employees can be challenging, but with the assistance of a reputable recruitment agency, the task becomes more manageable. Cornerstone India, recognized as the Best Recruitment Consultancy in India, specializes in providing top-notch Recruitment Services and Consultancy solutions tailored to meet your company's needs. As a leading recruitment agency, Cornerstone India has established…

Maximise the Impact of Outplacement Services

The article on SHRM explores how companies can maximize the return on investment (ROI) from outplacement services offered to departing employees. Many companies offer outplacement services as part of their severance package. These services can be a valuable resource for departing employees, helping them navigate the job search process and land their next opportunity. Outplacement services typically include resume and cover letter writing assistance, interview coaching, career counseling, and networking support.