Robert Half’s Boardroom Navigator 2023 highlights the specific set of skills and experience executive leadership teams and boards of directors in Europe need to manage a business through today's and tomorrow's challenges. The report is based on a survey of 400 members of executive leadership teams and boards of directors, as well as 50 private equity investors. The respondents come from Belgium, France, Germany, and the UK. They are selected from a wide range of commercial areas and represent businesses with at least 50 employees.
London – 31 May 2023 – Volatile market demands, and the ever-complex economic landscape means executive leaders must equip themselves with the right skills to ensure long-term, sustainable success for their business, workforce, and clients.
64% of Private Equity Investors are Looking for New Leaders
Two thirds of private equity investors who are responsible for, or involved in, hiring decisions at senior executive level of their portfolio companies said that they are planning to make leadership changes in their portfolio businesses. To ensure the leadership team has the capabilities to navigate the current and future economic climate, they want candidates that have the experience and can deal with challenges such as supply chain disruption, steer businesses through high inflation and address ongoing regulation and compliance issues.
Robert Half’s Boardroom Navigator 2023 highlights what skills executive leadership teams and board of directors need to acquire and should pay attention to when filling top executive positions in their companies.
DeLynn Senna, President and Global Head of Executive Research at Robert Half, said: “The world has changed for executive leaders and investors. As businesses attempt to recover from pandemic-induced challenges, boards and executive leaders are dealing more and more with multiple crises at one point.”
“At the same time, it shows that recruitment of executive leaders is organisations' biggest challenge, followed by uncertainty about the economic future and business growth. Boards are concerned about change management, investors about financial management, but both cite succession planning as a top-five challenge.”
“I wish an exciting read of our very first Boardroom Navigator, in which our Executive Search Managing Directors across Europe explore the trends shaping executive leadership and business transformation today and in the future.”
Download the full report here.