Record-Breaking Year for Executive Search and Leadership Consulting Profession

2014 Annual executive search and leadership consulting industry trend data, just released by the Association of Executive Search and Leadership Consultants, revealed a 10.7% annual rise in global revenues and estimated industry revenues of $11.7 billion worldwide in 2014.

North America remained the largest market for executive search and leadership consulting in 2014 with a 43% share, followed by EMEA at 33.4%. Asia Pacific followed in 2014 regional market share with 17.3% and then Latin America at 6.3%.

Of the major industries surveyed in the AESC’s 2014 annual report, Industrial continued to hold the largest share of worldwide senior executive search and leadership consulting activity with 25.3% of the 2014 market, followed by Financial Services with 20.5% of new searches started, and then Consumer Products (17.9%), Technology (15.3%), and Life Sciences/Healthcare (13.2%).

“Businesses understand that their most important asset is their people. Top talent creates the link between strategy and execution. This research shows that businesses also value executive search and leadership consultants as trusted advisors for their talent needs. The AESC represents the gold standard for our profession and it is clear that the integrity and knowledge of our members is appreciated by their clients”, said AESC President and CEO, Karen Greenbaum.