AIMS International Publishes The ABCA Q3 2014
AIMS International, a global executive search and talent management organization, has published the 10th issue of its Business Climate indicator, The ABCA Q3 2014.
An analysis of the executive search market, The ABCA surveys past, present and expected business conditions in seven major business segments. It approaches the last four months and forecasts the next four months on the basis of interviews with AIMS International partners and consultants in 41 countries. The first ABCA was published in Q2 2011.
“Every issue of the ABCA delivers useful information for any business leader. AIMS International covers the whole world and as trends in executive search firms are very early
signs of changes – good or bad, the ABCA analysis provides concise information about these trends. It is a good indicator of where the future is heading,” said Daniel Ekberg, President of AIMS International.
The ABCA Q3 2014 shows the following results:
1. There is a dramatic change in the current business situation on the local markets compared to the ABCA 2014 Q1. Today, 23% (Δ -23%) of the AIMS International partners and consultants evaluate the state of the market locally as good, 23% (Δ+21%) as middle and 13% (Δ +3%) as bad. This is a radical change in comparison to the positive evaluation of the local markets six months ago.
2. Negative changes in the development of important business segments during the last six months have become obvious: only business in the pharmaceuticals, health care and life science segment has increased (Δ +7%). Most significant is this negative trend in the industrial, engineering, logistics, FMCG, retail, luxury goods, IT/IS and energy segments.
3. Following the answers to the questions about revenue development in the last four months, the continuous turnaround which started in 2013 Q1 harshly ended; only 18%
(Δ -26%) of the partners and consultants report revenues in the local executive search and talent management markets as increased, 48% as stable (Δ +10%) and 35% as
decreased (Δ +17%).
4. Today, only 50% (Δ -28%) of the interviewees evaluate the number of current direct search projects in their countries as large or sufficient, 50% (Δ +29%) evaluate this as
5. Based on the development of the market situation in the last six months and also taking into consideration the number of orders at hand, the forecast for the next four months
(2014 October to 2015 January) is slightly positive: 43% (Δ -8%) expect the markets to improve, 45% to remain stable (Δ -1%), but 13% to get worse (Δ +10%).
search-consult is published by Dillistone Systems, supplier of FileFinder Executive Search software. Dillistone Systems is part of Dillistone Group Plc, as are Voyager Recruitment Software, FCP Internet, supplier of the Evolve Recruitment Software SaaS system and ISV Software, provider of online pre-employment skills testing and training tools.