The Fortunate Dismissal

By Ekaterina Dranytsyna, The St. Petersburg Times

A CEO of a large corporation enters the meeting room and hears the verdict of the company’s board. “You’re fired. And here is your $30 million,” says one of the directors. Sounds like fiction, like a perversion of “The Apprentice” reality show? But, it is not. In May this year Forbes published a list of CEOs notably familiar with the procedure. In business slang, those happy occasions are called “golden parachutes,” which stands for lucrative benefits given to key executives when a company is taken over by another firm, resulting in the loss of their job.

Read the full article 'The Fortunate Dismissal'.

New Office Opens in Hamburg

By TRANSEARCH International

A new office was recently opened in Hamburg. Holger Uslar manages the office. He has extensive experience in Executive Search having previously worked with Heidrick & Struggles as well as Ray Berndtson. Holgar started his career in Human Resources Management working in several global Chemical and High-Tech Companies with a focus on recruitment and training.

Read the full press release 'New Office Opens in Hamburg'.

TRANSEARCH Chile Organises Leadership Conference

By TRANSEARCH International

Cristian Duarte, Managing Partner in the Santiago Office, reports that TRANSEARCH Chile together with AMCHAM Chile (American Chamber of Commerce) recently organised an interesting conference on 'Leadership in the Retail Industry.

Read the full press release 'TRANSEARCH Chile Organises Leadership Conference'.

New Consultant in Sao Paulo

By TRANSEARCH International

Christophe Sasserant recently joined the Sao Paolo office as a consultant. Christophe previously worked with PwC and SV&GM on IT and Organizational Project Management.He settled in Brazil in 2001 and was an HR Consultant at the French Chamber of Commerce in Sao Paulo, assisting French companies with their recruiting needs before joining TRANSEARCH Brazil.

Read the full press release 'New Consultant in Sao Paulo'.

New Consultant in New Delhi

By TRANSEARCH International

Sanjiv Desai recently joined TRANSEARCH India and heads the Industry practice in India. Sanjiv has extensive experience in executive search having started up as well as managed Senior Executive Search and Selection businesses in Delhi during the last 10 years.

Read the full press release 'New Consultant in New Delhi'.

Germany Opens Its Boardrooms

By TRANSEARCH, Germany

The German boardroom is changing, reflecting how globalization is affecting how companies operate their businesses. This is vital as the largest economy in Europe – and the third worldwide - prepares to take advantage of the upturn that is taking place. As German companies begin to bounce back and achieve double-digit growth, obtaining top talent is once again becoming a top priority. In an interview with search-consult, Ulrich F. Ackermann, Managing Partner of TRANSEARCH International Deutschland GmbH, describes: “Companies that understand this key difference are the ones that will enjoy long-term success.”

Read the full press release 'Germany Opens Its Boardrooms'.

Growth. How big is big? How much is enough?

By G.A. “Andy” Marken

Growth—too much, too fast, too soon—can be a direct cause of failure. The problem is, no one wants to stand still. It’s not “The American Way”. Each of us starts a company with one objective: to grow...to gain greater stature and increase profits. And why not? We’re constantly bombarded with “bigger is better”.

Look at the business pages of your newspaper. You never see an item on a company that’s growing slowly or maintaining status quo. But financial editors aren’t to blame for covering the growth of companies, growth of stocks, and growth of industries. People want to be associated with the winners. And when they invest, they want their companies to grow in sales, profits and market value.

As a result, the desire to grow becomes almost compulsive. And it’s true that most of the time, when a business stops growing, it begins to wither and die. Unfortunately for many management groups, growth for the sake of growth has become the all-consuming objective. Nearly every other consideration takes a back seat to this golden grail.

Read the full article 'Growth. How big is big? How much is enough?'.

One-Minute Corporate Reputation Management

By Mr. Marken

Business in the Internet era demands quick thinking and even quicker action. Especially when a company’s reputation and possible future hang in the balance. In this new environment, managers at every level suddenly have a new set of pro-active responsibilities.

They must protect and enhance the company’s reputation. At the same time, they must help management create new business models. Rather than simply propping up existing business models they have to contribute to the organization’s growth. They have to take an active role in helping the organization achieve radical innovation that often changes the parameters of competitive performance.

Read the full article 'One-Minute Corporate Reputation Management'.

Ten Commandments for Managing People

By G.A. “Andy” Marken

It’s an asset that is difficult to find, difficult to retain and difficult to manage. But if you manage the asset properly it can produce exceptional results for your company…and for you. Following are some simple guidelines you can follow to manage people more effectively, more easily and with better results. Think of them as your 10 commandments to better management.

Read the full article 'Ten Commandments for Managing People'.

Executive Search in a Changing World

By Peter M. Felix, CBE, President, Association of Executive Search Consultants

In most western economies the Executive Search profession today is recognized as a permanent part of the management scene. A key management tool, perhaps one of the most significant available to the leadership of the modern organization, executive search is the one professional service that directly impacts organizational performance. The right people are today more a determinant of a corporation’s success than the uniqueness of a product or its financial foundations.

Read the full article 'Executive Search in a Changing World'.