“Much like other industries, this sector is experiencing large scale disruption”, says Rupert Irving, Managing Partner at Patterson Irving told Executive Grapevine. “With large scale M&A activity of the 2-3 years, this has resulted in search being pushed off the boardroom agenda as corporates focus on integration and internal management issues. Overall, the markets are going through change and the likely outcomes at this juncture are not easy to read.”
It’s not just search firms that are finding planning for the future beset by uncertainty. As Rupert Irving tells Executive Grapevine: “There are some real challenges in the current market and clients are finding it hard to retain quality in the executive management team”.