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These trends will help organizations prepare for future leadership needs.

Cowen Partners Executive Search, a national executive search firm specializing in mid-market executive leadership, has announced insightful new research that businesses across the globe can use to improve their recruitment process in 2023. The executive search firm has identified the top in-demand positions so organizations can have a bird’s eye view and optimize their supply of top-tier talent.

Shawn Cole, President Cowen Partners said, “As business challenges continue to grow at an unprecedented rate, the need for people to steer organizations clear of these problems is growing. The report will help shape the recruitment policies at the firm’s top. The company utilized its data from years of helping firms in diversified industries, to arrive at the list of top positions in demand in 2023.”

According to the insights from the organization, companies are looking for experienced Chief Executive Officers who can be the captain of ships in turbulent waters and steer the firm to safety in this era of economic and geopolitical uncertainties. The research mentioned that an estimated 81% of CEOs in organizations such as those in the S&P 500 are between 50 and 65 years of age. Companies will be looking towards injecting new blood in 2023 to replace those about to retire.

To help the CEO, the insightful report from the company says that the Chief Human Resource Officer will also be in high demand as organizations need people who can implement the CEO’s vision and get the right talent on board. The person will also be responsible for catering to the growing demands of workers for things like hybrid working arrangements, four-day work weeks, and remote work. Another role that will be indispensable in 2023 is that of the Chief Revenue Officer. According to the report, they are responsible for bringing in more sales to help improve cash flow and protect the organizations from going under.

However, the analysis also raised alarm bells for marketers, “One job that can be on the chopping block is CMOs because of decreased consumer spending, companies are under a lot of financial pressure and have decreased their marketing budget substantially. We believe that companies will ask the CROs to look after the marketing affairs of the company for some time till the economy gets back to a stable footing.”

Another indispensable position to the growth highlighted in the insightful research is that of the Chief Financial Officer, who will not only have to enforce greater discipline across the companies in a bid to improve sustainability but also be the spokesperson for getting new funding from potential investors and calming the nerves of existing stockholders. Many private equity firms are also looking to hire operating partners as they can generate a high return on investment if they successfully execute new innovative ideas.

The growing role of artificial intelligence and data science are also contracting to greater demand for CTO, CIOs, and CISOs to help ensure the technical affairs of the company keep running smoothly and stay safe from growing threats such as cybercrime.

Speaking on how companies can optimize the recruitment of these positions, Mr. Cole continued, “Companies will need to work smartly to recruit executives with a proven track record of leadership. They need executives with higher emotional intelligence and genuine leadership instead of enigmatic charisma. One mistake could be disastrous and cause the whole ship to sink, and that’s why many companies outsource their executive searches to specialized firms like ours.”

The firm’s specialized role has helped it to find top-level talent, including Fortune 50’s companies, startups, and large non-profits. Known for their results, Cowen Partners enables its clients to source highlight qualified candidates at lightning-fast speed, reducing costs in the short and long run, and provides an edge over their competitors.

People interested in learning more about the company or want more detailed insights from their analysis can click the link.

About the Company

Cowen Partners is the nation’s executive search firm, enabling companies to harness the power of human capital to fuel their success. Cowen Partners gives our clients access to the top 1% of human capital to create opportunities that accelerate their growth and market share. With Cowen Partners, clients can grow at scale, create value, and drive results with world class talent.

Our clients are both small and large, publicly traded, pre-IPO, private, and non-profit organizations. Clients are typically $50 million to multi-billion dollar revenue Fortune 1000 companies or have assets between $500 million to $15 billion. Successful placements span the entire C-Suite and include VP and director level leadership roles.

With our proven processes and guaranteed results, we have successfully placed hundreds of candidates in industries including technology, healthcare, manufacturing, retail, financial services, and private equity.

Media Contact
Company Name: Cowen Partners Executive Search
Contact Person: Shawn Cole
Email: Send Email
Country: United States
Website: https://cowenpartners.com/