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FDs on the wanted list

David Rae, Financial Director, 27 Nov 2007

FDs’ financial experience puts them top of headhunters’ wishlist

Research by Orange into what headhunters look for when recruiting chief executives points to excellent people skills, experience of international management and financial experience as being key requirements.

Experience of international management has become far more important, because of the need for a global strategy in any sizeable business. Candidates who have led business strategies in emerging markets are often regarded as an asset.

While you would expect CEO candidates to possess outstanding people skills, chief executives are increasingly being asked to be leaders rather than bosses, according to headhunters, 11 of whom were interviewed for the research.

“Increasingly the decision-making process is perceived as being a team effort rather than simply assuming the ‘boss’ role,” states the research findings. “For the CEO, this means managing expectations and visions and ensuring that they are aligned towards the same goal.”

As for financial experience, FDs will find themselves in an excellent position. “It is still finance people and senior operations people who tend to be the most successful candidates,” said one headhunter.
www.orange.co.uk

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