Viewed in Korn Ferry insights Something new is happening at the top of companies. Interim CEOs are no longer rare emergency solutions.They are becoming part of how organizations manage transformation, uncertainty, and leadership transitions. As of May 28, 291 companies currently have an Interim CEO at the top. The list itself is quite revealing. And… More
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Viewed in Korn Ferry insights Across the Global Fortune 500, 1 in 10 companies now has a dedicated People / Talent Analytics leader at the top of the org. A quiet shift. But a real one. Most organizations already have what they need. Hiring data Performance signals Engagement Insight Exit feedbackThe opportunity is not more data.It’s bringing it together…. More
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Viewed in Korn Ferry Even in an era of Slack, Teams, and virtual meetings, email remains the primary channel to reach leaders. Daily global email traffic has surged past 375 billion, making it harder than ever to cut through. For executives trying to connect with other leaders, mastering the craft of email is critical. Korn… More
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Viewed in Korn Ferry Chief Revenue Officers (CROs) and Chief Commercial Officers (CCOs) are under unprecedented strain. Across industries—from software to consumer goods to manufacturing—firms are replacing revenue leaders at a faster pace than ever. With average tenure barely two years, the shortest in the C-Suite, these executives are often seen as the quick “fix”… More
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Viewed on Korn Ferry Summer brings sunshine, vacations—and a noticeable dip in workplace energy. In a recent Korn Ferry survey, 46% of professionals admitted that their quality of work declines during the warmer months. This year, motivation is under even greater strain. AI disruption, inflation, and global uncertainty have dampened employee sentiment. Add beach plans… More
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Viewed in Korn Ferry As companies seek speed, agility, and cost efficiency, a growing number are flattening their org charts, significantly increasing the number of direct reports per manager. While this strategy may streamline decision-making and align teams more closely with C-suite vision, it risks overburdening leaders and stalling talent development—two issues that can undermine… More
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Viewed in Korn Ferry In today’s fast-evolving hiring landscape, executives face a key question: Where should we deploy AI in recruitment—and where is the human touch irreplaceable? The answer lies in talent segmentation, a strategic approach to group roles and candidates based on complexity and impact. This enables smarter, more cost-effective hiring while ensuring top… More
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Viewed in Korn Ferry Many executives are now early leaving their new leadership roles within 44 days, causing disruption, talent loss, and decreased morale. The financial investment in recruitment, onboarding, and training is substantial. Leadership disruptions impact long-term company performance. Cultural Fit Mismatches in culture, unrealistic expectations, inadequate onboarding, and role ambiguity lead to early… More
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Viewed in Korn Ferry While AI can assist with resume reviews, it lacks the human understanding and intuition necessary to assess a candidate’s suitability for a position. Here are some important tips that job searchers can follow along: Focus on your distinct value proposition as your initial piece of advice. This entails emphasizing your abilities… More
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Viewed in Korn Ferry More than 70% of businesses say that their employees lack vital skills, yet many of those businesses are not necessarily seeking workers with so-called “hard” skills. Instead, soft skills are winning the day, such as agility and flexibility. Companies are looking beyond work history and experience to focus on what employees… More
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Viewed in Korn Ferry The number of US tech workers laid off has risen to more than 73,000 since mid-November, and more are expected. There have been hints of staff cuts in other industries as well. The end of the year has gotten some employees out of work, thus looking for new positions. Though it… More
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Viewed in Korn Ferry Midyear and annual performance reviews have become more formalized processes in recent years. On the surface, that may seem positive, and it is: You can be reasonably confident a review will occur, and you can be reasonably confident the process will be similar to that of your peers. But regular reviews… More
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Viewed in Korn Ferry Korn Ferry was and remains a giant in the world of executive recruitment and has gone on to establish its management consulting services with equal success, affording the company access to many of the world’s business thought leaders and executive management teams, all of whom offer insight on the challenges confronting… More
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Viewed in Korn Ferry As the global pandemic (hopefully) wanes and employees return to their offices, this study by executive recruitment and consulting behemoth Korn Ferry observes that, in a recent poll, 35 percent of employees identified the opportunity to network as the function they most look forward as they return to in-office work. As… More
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Viewed in Korn Ferry What can employers do to enhance candidates’ experiences with their recruitment processes? One of the greatest disappointments of candidates, they found from repeated comments on the job search site Glassdoor is companies’ inadequate communication during the process and especially when they are not selected. Think this doesn’t impact a company? Think… More
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