ExecuNet's 20th annual Executive Job Market Intelligence Report* reveals that more than a quarter of employers are adding new management positions and more than half are selectively “trading up” with new hires for existing executive roles to fill gaps or improve teams. Additionally, the report states that the top 5 executive management functions companies will need most in 2012 are:
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- Sales and Sales Enablement
- General management/leadership
- Marketing (including “Go-to-Market” Strategy Development and Market Research) tied with Technology and Information Management
- Financial Management
- Innovation
The report goes on to say that, “Companies are also seeking to add more general managers with the capacity to lead by example, make sound business decisions, and inspire their teams to improve performance.” For network savvy
executives across all functions and industries, opportunity is already
knocking, particularly in the industries recruiters say will lead executive job
growth in 2012. Their top five industries for growth are:
- Healthcare
- High Technology
- Manufacturing
- Business Services
- Energy/Utilities
According to the survey’s responses from executive search firms, the top 5 growth regions for executive hiring are:
- Northeast/New England
- Southwest (including Texas
- Southeast
- West Coast
- Midwest
For a look back at ExecuNet's 2008 report click here.
*A total of 5,733 participants were surveyed by ExecuNet in January 2012.