Executive search firms in India are reporting a staggering 25-40% increase in hiring mandates for CXO roles since the beginning of 2017. Much activity was placed on hold after last year's tumultuous events. It will be interesting to see if that trend is confirmed at large in other territories.
“The recent uncertainty that stemmed from various factors has blown off and it's back to business,” agreed K Sudarshan, managing partner for India, EMA Partners International, who’s seen a 30-40% pickup in CXO mandates. Kris Lakshmikanth, chairman and managing director at The Head Hunters India, said that after a practically blank slate for CXO mandates in November and December, it is now getting about three mandates every week. “In the last 10 days, we have about six CXO mandates, signaling that the companies have started looking for top-level talent once again,” he said.