January
1, 2008 | Edition 1
Chairman's
Report For 2007
2007,
our 11th year in the executive search industry, was a terrific
year for Ken Clark International (KCI) in obtaining and
completing executive search projects. We again began in
excess of 250 new search projects in various regions of
the world. Our placement ratio was again in excess of 90%. "Speed
to placement" without sacrificing quality continued
to be one focal point of our service to clients.
Since
our beginning in 1996, we have completed well over 3000
search projects for top talent in over 45 countries with
continuing concentration in North America and Europe. Interestingly,
this past year we did our first work in Vietnam, East Africa
and West Africa.
Our
clients included many US and European-headquartered, multi-national
corporations as well as the regional headquarters of those
corporations doing business in North America or Europe,
Asia Pacific, Latin America, the Middle East and Africa.
Our clients also included a growing number of start-up
and fast-growth, public or venture-backed private companies.
We also saw an increase in our work for private-equity
firms.
We
completed search projects for clients in our Focused Industries.
- Life
Sciences Products & Services - Human, Animal and
Plant
- Biotechnologies
- Pharmaceutical, Industrial, Chemical and Agricultural
- Health
Care Services - Plans & Programs, Specialized Services,
Medical Laboratories & Research
- Consumer
Products & Services - FMCG, Food, Beverage, Personal
Care & Hard Goods
- Scientific
Products & Services - Research and Laboratory Tools & Equipment
- Industrial & Chemical
Products & Services
- Advanced
Technology Products & Services - Electronics, Computer
Hardware & Software & Telecommunications
We
placed top talent into commercial, R&D, manufacturing/supply
chain, technical, financial, legal and human resources
roles as well as P&L management leadership positions
at the country, region and global levels.
In
the United States, we re-opened Offices in Boston to serve
New England and in Atlanta to serve the southeastern United
States.
New
Practices launched in 2006 in Africa, Central and Eastern
Europe, and the Nordic area as well as our newer Offices
in Dubai for the Middle East and Miami for South Florida
and Latin America continued to grow as our long-standing
multi-national clients in North America and Europe asked
us to also support them in these Emerging Market regions.
During this year, we opened Offices in Mexico City and
Sao Paulo to additionally serve Latin America. Finally,
we established an India Practice headed by a national who
is an "expert" in the India marketplace for leadership
talent.
Our
Board of Directors Practice continued to expand to include
building Technical Advisory Groups in addition to the standard
Corporate Governance Boards in North America and Europe.
KCI maintains an active Board of Director Inventory of
executives interested in servings on private and public
boards. New in 2007 was the expansion of this Practice
to include placing many human resources executives for
social and educational boards or study groups.
Our
NGO Practice serving human health organizations around
the world repeated it's success with placements with The
Smile Train — a world-wide effort to correct facial
deformities in children. We placed Regional Directors in
Asia, Africa and Latin America for this client.
Our
Global Human Resources Practice continued to meet the increasing
demand of US and European multi-national corporations for
HR talent that can drive the improvement of human talent
to a competitive advantage as well as participate on an
equal basis with line executives at the executive committee
or management board level. One significant placement was
a French national recruited from the Europe organization
of a Fortune 100 company to become the #1 HR executive
in a multi-national corporation whose headquarters is in
Atlanta.
We
continued to identify and track "star " candidates
in all functions and at all levels — the "best
and brightest leaders", so to speak. We have even
refined our tracking to separate high-potential "bench
strength" candidates from ready now "back-up" candidates
for companies concerned about succession planning. We know
what's going on in our Focused Industries from a talent
acquisition, organization, compensation and development
standpoint.
During
the year we have observed three continuing trends that
we believe deserve mentioning and further discussion with
our Clients and
Prospects:
- Recruiting
of candidates for positions of global responsibility
from all regions equally — North America, Europe
and Asia Pacific with particular emphasis on returning
expatriates;
- Recruiting
of candidates for positions in highly matrixed organization
structures requiring a set of specific and sensitive
skills and abilities to " get things done ";
and
- Recruiting
of top notch "passive" candidates who become
more "active" once they begin seriously considering
a career move and the implications for clients;
Lastly,
we have significantly improved our website to include Placements,
Open Search Projects and a Top Talent Registry. Please
visit us at www.kenclark.com.
In July 2007, we celebrated our 11th year serving clients. The
number 11 stands for idealism and innovation. While not always
perfect in our execution, the employees at KCI start everyday
trying to live those principles in the quality, service and results
that they bring to clients. They join me in wishing the best to
you personally and professionally in the New Year 2008!
Ken
Clark
Chairman & Chief Executive Officer
Ken Clark International
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