Professional services & consultancy
Core services like audit continue to remain stable and in demand, but activity surrounding value added services - merger and acquisitions being a case in point - has been substantially reduced.
If there was a secret formula that guaranteed immunity, flexibility was definitely a key ingredient. KPMG, for example, introduced a 4 day week and moved employees to other areas to broaden their experience.
Implications for the executive recruitment market
With many firms holding directors and partners accountable for their predicament, there has been a significant bottleneck in executive promotion activity. This will continue to effect the professional services and consultancy sector for the foreseeable future.
Our response
Despite market fluctuations, Michael Page Executive Search has recently fulfilled mandates for a number of roles, including:
- Finance director – European law firm
- Corporate partner – UK accountancy LLP
- Sales and marketing director – HR consultancy
- Tax partner – UK professional services organisation
For a clearer picture of how we do things, read our case study.