Study shows that six out of ten companies fail to live up to their own values
Hamburg, 10th July 2014 – The large majority of German companies (86%) have a defined set of values aimed to guide employees in day-to-day business. In six out of ten cases, however, these company values are almost entirely disregarded during the normal course of business. At the same time, most employees state that they enjoy positive and cooperative working relationships with their colleagues. These are the findings of the study “Company Culture and Company Values”, in which one thousand adults in Germany participated in the Spring of 2014.
Executive Recruitment: companies often place less value on social skills than they claim
Hamburg, 21st May 2014 – professional accomplishment, occupational qualifications and international experience are the most important criteria for evaluating managers during the recruitment process. The criteria “experience in similar company cultures” and “good ability to fit in” are consistently ranked lower, with “social skills” not being ranked higher than sixth place. This was the finding of the study “A Change of Job in Top Management” carried out by the personnel consultancy InterSearch Executive Consultants, for which 150 company directors, senior managers and division heads were interviewed.
Research shows that top managers in Small & Medium-sized Enterprises (SME) are particularly open to changing jobs
Hamburg 14th May 2014 – the results of a study carried out by InterSearch Executive Consultants show that one third of managers from small to medium sized enterprises (500-1000 employees) are actively seeking a new job. A further 40% would be open to new offers. By comparison, seen across all sizes of company (100-5000 employees) only 18% of senior managers are actively seeking a change. Interviews were carried out with 150 company directors, senior managers and divisional heads.
INTERSEARCH WORLDWIDE HOLDS 2014 GLOBAL CONFERENCE
InterSearch Worldwide, a leading global executive search organization operating in more than 50 countries, recently held its annual global conference and general assembly of member firms in Jodhpur and Manvar, India from 26 February to 1 March 2014.
InterSearch sets course for growth in the Healthcare sector
Hamburg, 4th March 2014 – The HR consultancy InterSearch Executive Consultants consolidates its expertise in the growing healthcare market. Industry insider Fritz Grupe will be responsible for Healthcare as Senior Client Partner and will also lead the expansion of the business in the areas of Life Science and Public Sector. The HR specialist will spearhead the recruitment of highly qualified candidates for hospitals and health insurers as well as medical technology- and pharmaceutical companies. The focus will be on senior positions in management and Chiefs of Medicine in hospitals and clinics.
Recruiting managers: what makes a company attractive
Hamburg, 27th February 2014 - In the past few years, the demands made on managers have increased perceptibly. Global markets require better results, achieved faster. In return for higher levels of performance related stress, todays managers expect benefits above and beyond high salaries, interesting responsibilities and an appropriate title. This is demonstrated by the findings of the study “A Change of Job in Top Management” which was carried out by InterSearch Executive Consultants. The research was based on 150 interviews with company directors, senior and middle managers. 87% of respondents stated that work-life balance is an important consideration in their choice of employer. In addition, 84% stated that corporate image is an important factor, with 38% even rating it as “very important”.
InterSearch consolidates its team with two specialists from the industrial sector
Hamburg, 11th February 2014 - The HR consultancy InterSearch Executive Consultants has consolidated its team with two experts from the industrial sector. As of now, Thomas Bender will be a Partner in the Munich office, and will drive recruitment of new leaders in sales. Heinz Leopold is a Client Partner in Hamburg and is responsible for filling high level marketing positions. Both men possess many years of management experience.
The rude awakening after beginning a new job
Every second manager complains about the disparity between a job profile and the reality of the task
Hamburg, 27th January 2014
Often, there is a dissonance between what is written in a job description and what the position actually entails, particularly at management level. This is the experience of 45% of managers, from department head to board director, who have moved company at least once in the past ten years. The discrepancy between job description and reality is also the reason most cited for dissatisfaction in a new job. This is shown clearly by the study “A Change of Job in Top Management” carried out by the recruitment consultancy InterSearch Executive Consultants. The research was based on 150 interviews with company directors, senior and middle managers.
Desperately seeking Top Managers
For 42% of medium sized companies, the recruitment process takes 6 months or longer
Hamburg, 9th September 2013 - Six out of ten medium sized companies in Germany experience difficulties in filling management positions. 42% of the companies need six months or longer to complete the recruitment process. These are the results of the study “HR Challenges Facing Medium Sized Companies”. InterSearch Executive Consultants interviewed over 200 managers with personnel responsibility from companies of over 250 employees for the study.
28% of employees are dissatisfied with their company’s boss
Hamburg, 2nd July 2013 - 28% of employees are not satisfied by the performance of their company’s boss, shows a study carried out by InterSearch Executive Consultants among 750 employees. Most often, employees found their most senior manager to lack the ability to motivate others. A perception of insufficient personal credibility and values further exacerbate dissatisfaction. According to Managing Partner Thomas Bockholdt, this criticism is also consistent with the most frequently cited cause of dismissal at the senior level. The problem? “Soft factors are not given sufficient weight in the recruitment of top managers”, according to Bockholdt.
Companies see potential to optimize management development
Nevertheless, the majority forgo carrying out Management Audits
German companies recognize the need to improve the structure of their management teams. Only 12% of those responsible for personnel state that leading management functions in their company are optimally filled. This is the finding of the study “HR Studies in Medium Sized Companies” carried out by InterSearch Executive Consultants among 200 personnel managers in companies with over 250 employees.
Importing Managers: 54% of mid-sized German companies are looking for managers
54% of mid-sized German companies have extended their search for managers to other countries
Hamburg, 13th June 2013 - A large number of mid-sized German companies are not just doing business abroad; they are also looking abroad for managers. 54% of companies with over 250 employees state that they recruit managers from outside Germany. The most significant challenges which must be overcome when recruiting internationally are language barriers, problems in gaining access to candidates and difficulties caused by divergent cultural attitudes. These are the findings of a study called “HR Challenges facing mid-sized Companies” carried out by the HR consultancy InterSearch Executive Consultants who interviewed 200 HR professionals in companies with at least 250 employees.
The HR Challenges Facing Medium-Sized Companies
Recruitment and Management Audit – the perspective of those making management decisions
A survey commissioned by InterSearch Executive Consultants asked participants about their processes and experiences when recruiting new managers and when carrying out Management Audits. Over 200 managers with personnel responsibility from medium-sized companies with upwards of 250 employees were interviewed. You will find the full results of the study here.
Our international network is our biggest client
Michael Gross, Managing Partner of InterSearch Executive Consultants explains the key factors for successful international management recruitment at the Federation of German Management Consultants (BDU) Conference on the 15th May 2013.
Management stereotypes confirmed: women communicate and men are power-conscious
Hamburg, 15th May 2013 - Is there a distinction between masculine and feminine management styles? Three quarters of Germans, both men and women, believe this to be the case. Female managers are perceived as good communicators, diplomatic, organised, committed and disciplined. Quite a contrast to their male colleagues who are described as power-conscious, assertive, confident, authoritarian and status driven. These are the findings of a study carried out with 1,000 citizens by the HR consultancy InterSearch Executive Consultants in 2013.
A private viewing at InterSearch in Hamburg
Duration of the exhibition: from 26 April to 20 June 2013
For the ninth year in succession, InterSearch Executive Consultants hosted a Private Viewing of contemporary art at their spacious offices in Hamburg. Last Thursday, over 100 art enthusiasts accepted the invitation.
Karl-Josef Mondorf becomes a Managing Partner
Hamburg, 9th April 2013. This month, long-standing Partner Karl-Josef Mondorf becomes a Managing Partner of InterSearch Executive Consultants, the HR consultancy that specializes in medium-sized companies.
Increasing need of support for top manager recruitment
Hamburg, 6 March 2013 – There is a growing demand for professional recruitment of top managers. By contrast, companies are recruiting specialists and mid-level managers themselves to an increasing degree. Those are the findings of market observation conducted by the personnel consulting firm InterSearch Executive Consultants.
Standpoint: Women’s quota in personnel consulting
Companies are successful if they employ women in top positions – that is the result of the Women Matter study by McKinsey (1-5, 2007-2012). But we are still discussing a minimum women’s quota in politics, at mixed leadership conferences and at companies?
Brazil – a booming country
It’s the same story here: a war for talents
Brazil’s economy grew again in the year 2011: the Brazilian central bank has predicted a growth rate of plus 3.5 percent. Although that means growth will be about 5 percent lower than in the previous year, it will still be perceptibly higher than that of leading industrial countries. Despite signs of a downturn in the Brazilian economy, the lack of talent will remain unaffected. There is a lack of qualified skilled specialist and managerial personnel in almost all market segments and at all hierarchy levels. Today some business sectors are already suffering particularly severely because of unfilled requirements for qualified personnel, for example the pharmaceutical industry, the food industry, the healthcare sector, the cosmetics and electronics industries.
Professional candidate management becoming a more critical factor for success
Dieter Albeck, Managing Partner, and Elisabeth Wissler, Partner, of InterSearch Germany spoke at the 3rd specialist HR conference of the Frankfurt Chamber of Industry and Commerce. The focus of interest was current challenges in the executive search business against the background of markets that are tightening and candidates that are becoming more critical. The following interview was conducted after the event.