Oct 20 2010
After recently publishing a guide to working with search consultants, here is a history of the executive search industry, from inception to the $10 billion industry it is today.
Now that the retained executive search industry has reached the fifty-year mark, or even longer by some counts, it is safe to say that the profession has reached maturity. Largely starting as a by-product of management consulting just after World War II, executive search has since grown into a global consulting industry with annual revenues of over $10 billion. This article, presented by the Association of Executive Search Consultants (AESC) on the occasion of its own 5Oth Anniversary, outlines the history of executive search—and of the AESC—over the past five decades.
The AESC now has over 9,000 serach professionals in 70+ countries (2010)
About The Association of Executive Search Consultants
The Association of Executive Search Consultants (AESC) is the worldwide professional association for the retained executive search industry. The AESC promotes the highest professional standards in retained executive search consulting, broadens public understanding of the executive search process, and serves as an advocate for the interests of its member firms. For more information, or to download the AESC Code of Ethics and Professional Practice Guidelines, please visit www.aesc.org.
The AESC also offers www.bluesteps.com, a career management service for senior executives.