Lima, Peru – With more than two decades of uninterrupted economic growth and single-digit inflation, the Peruvian economy provides a sharp contrast to those of other LATAM countries. The Central Reserve Bank (BCR) has projected that Peru will continue to lead the economic growth in the region for 2017 [1].
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Toronto, Canada – What’s shaping the future of the mining industry? What are the large producers, the mid tiers, and the junior players doing to surmount social, environmental, regulatory, and economic hurdles? What are the executive challenges for 2017?
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Warsaw, Poland – Last week saw the successful conclusion of the CEE FutureTech Congress, one of the most important business summits in Central and Eastern Europe. Held in Warsaw, the two-day event was devoted to debates, panel discussions, and brainstorming sessions about innovations and top trends in the FinTech, InsurTech, and Big Data industries, and their organic impact on the disruption of traditional business models. Evita Lune, Global Digital Economy Partner, represented Pedersen & Partners at the Congress and spoke about finding and managing leaders for disruptive industries from a CEE perspective.
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Tallinn, Estonia – Global Fast-Moving Consumer Goods companies need to have strategic presence in every country – or to be more precise, the physical availability of their best-known brands in stores (numeric and weighted distribution as key KPIs) is crucial. Although e-commerce in consumer goods is constantly developing, and represents a priority for corporate management teams across the globe, physical stores will remain important for the foreseeable future, and so consumer goods companies will need to be represented there in one way or another.
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Madrid, Spain – Accountability is one of those buzzwords that is often tossed about as essential in the business environment. However, in many cases only lip service is paid to an ideal that few companies actually meet. The fact is that accountability must be top-down; regardless of the company's size, industry or ownership structure, the board must assess its own performance in meeting the company’s goals.
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Vilnius, Lithuania – Technological developments in the workplace and the general acceleration of the pace of life have encouraged companies to choose younger candidates for general management positions. Executive Search experts note that top executives need management skills as well as technical know-how, but that the lack of the former skill is a challenge for young executives aspiring to the C-suite.
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Ljubljana, Slovenia – The search for CFOs and Financial Directors becomes more and more complex every year, and most companies do not want to increase CFO compensation. Slovenian companies are recruiting finance professionals through ads in public media, and more discreetly, through specialised Executive Search companies. Corporations are aware that a good CFO contributes to successful operations, with good risk and finance management necessary to assure good relations with banks and provide liquidity.
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May 11th, 2017 – Amsterdam, the Netherlands – Pedersen & Partners, a leading international Executive Search firm with 56 wholly owned offices in 52 countries, is pleased to announce that Figaro den Hollander has joined its Amsterdam team as Client Partner.
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Kiev, Ukraine – Here in Ukraine, the talent pool of top managers is very small. Entrepreneurs run the risk of losing out on the best talent.
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May 4th, 2017 – Tallinn, Estonia – Pedersen & Partners, a leading international Executive Search firm with 56 wholly owned offices in 52 countries, is pleased to announce that Kairi Raudmets has joined its Tallinn team as a Consultant.
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January 25th, 2016 – Bangkok, Thailand – Pedersen & Partners, a leading international Executive Search firm with 56 wholly owned offices in 52 countries, is pleased to announce that James Prideaux has joined its Asia Pacific team as a Regional Client Partner.
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January 21st, 2016 – London, United Kingdom – Pedersen & Partners, a leading international Executive Search firm with 56 wholly owned offices in 52 countries, today announced the appointment of Frank Behrendt as a Principal and the Head of the Financial Services Practice Group Africa.
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Vienna, Austria – There are a few people who can do everything well, and are useful everywhere. They have a sound technical education, they have studied economics, they have worked in a large corporation, they have established their own business. They have organised a 3,000-head event, led a seven-star hotel and managed an industrial company’s corporate rebranding. In addition, they are qualified professional coaches, and they moderate energy congresses in their spare time.
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January 12th, 2016 – Pedersen & Partners, a leading international Executive Search firm with 56 wholly owned offices in 52 countries, is celebrating its 15th anniversary this year. The firm was founded in Prague and Warsaw in January 2001, and has since then achieved unprecedented growth by providing world-class Executive Search services to its clients.
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12 de enero de 2016 – Pedersen & Partners, firma internacional líder en Executive Search, con 56 oficinas propias en 52 países, celebra su 15 aniversario. Desde su creación en Praga y Varsovia en enero de 2001, la firma ha mostrado un crecimiento sin precedentes logrado gracias al servicio de Executive Search de primera clase ofrecido a sus clientes.
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Beijing, China – It could almost have been planned that way. As representatives gathered in Paris at the 2015 United Nations Climate Change Conference, a smoggy haze floated over the Chinese capital, 22 times higher than the World Health Organisation’s limit, and forcing China to issue its first red alert, closing schools and construction sites and limiting traffic.
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São Paulo, Brazil – We have seen Brazil’s economy struggling with a number of on-going challenges, including complex political issues that are hard to avoid. Brazil’s investment rating was downgraded in September, primarily due to loss of credibility resulting from a political crisis. The predictions for 2016 are very unclear for investors and business leaders across multiple sectors of the diversified Brazilian economy.
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Latvia, Riga – The annual Investment Forum “Investors’ Voice” organised by the Executive Search firm Pedersen & Partners and the law firm Klavins Ellex (formerly LAWIN) was held in Riga at the end of October 2015.
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Bled, Slovenia – Matej Mrak, Country Manager for Slovenia at Pedersen & Partners, was one of the experts who participated at the 15th edition of the Education Management Conference, an annual event that brings experts together to share fresh approaches to education management and best practices in the field.
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Stuttgart, Germany – Pedersen & Partners, together with HLB Bové Montero y Asociados and LKC Group, awarded the German-Catalan Award for Entrepreneur of the Year to Scytl, for its innovative strategy and entrepreneurial excellence.
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Dubai, United Arab Emirates – Many companies are trying to reduce their numbers on their payrolls in a bid to cut costs. With oil prices showing no signs of heading up, companies in Oman are pulling all stops to reduce their employee cost.
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Vienna, Austria – Imagine going to your boss and requesting a 10% pay increase, only to be told: “That’s not possible – get back to work!” What happens next? There are two possibilities – either you leave for a new position with a bigger salary, or continue to work at the same job with the same salary, but the final outcome primarily depends on who has the better BATNA.
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Madrid, Spain – Workplace gender equality is the subject of research and discussion all over the world. While the specific numbers and reasons for the pay gap differ, the problem still persists. Pedersen & Partners' Client Partner Puri Paniagua analyses the gender pay gap in the region in an interview with Spain’s national broadcaster RTVE.
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Vienna, Austria – Continuous career advancement is a thing of the past; these days the career ladder can go down as well as up.
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Riga, Latvia – Evita Lune, Partner at Pedersen & Partners speaks to Ir Nauda for the Business Etiquette column.
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Lisbon, Portugal – Interview with “Human Resources Portugal.”
I am proud to look back on my nineteen-year career in management consulting, during which I have focused on reorganisations due to process reengineering, system implementations, cultural changes, and similar transformation projects. My experiences in numerous European and African countries across a diverse range of sectors (Industrial, Consumer Goods, Retail, Banking, Oil & Gas and Telecommunications) have given me a broad-ranging and thorough knowledge of corporate realities.
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Madrid, Spain – These days, technology has acquired a unique glamour and allure. Every day brings extensive IT coverage in the economic and general news media, and everybody wants to be a tech-driven digital player.
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Vilnius, Lithuania – According to a recent survey conducted by international Executive Search firm Pedersen & Partners, the annual gross compensation earned by top executives in the world’s largest companies averaged 1.45 million Euros in 2015, an increase of 3.8% over the previous year. The Lithuanian average of 79,900 Euros may seem rather modest in comparison, but Lithuanian executives still out-earn their counterparts in Latvia and Estonia.
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Tbilisi, Georgia – The average salary of a top executive manager in Georgia is USD 58,300 gross per year. This amount comprises an average base salary of USD 48,700 plus a bonus of USD 9,600 on top. Pharmaceutical companies, oil, energy, and manufacturing industries are among the sectors with the highest salary levels in Georgia.
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Madrid, Spain – In the field of employment, Puri Paniagua sees no differences between men and women in terms of technical capabilities, but she does perceive distinctive characteristics in terms of women’s leadership technique and lack of aggression that may be prejudicial to their professional careers. Puri currently works at Pedersen & Partners, a leading Executive Search firm that finds top managerial and executive talent for companies around the world. Prior to joining Pedersen & Partners, she worked in consulting, where she landed "almost by chance" after graduating in chemistry.
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By Ilham Hajiyev, Country Manager Azerbaijan and Poul Pedersen, Managing Partner
Management Demand
Over the past decade Azerbaijan has attracted significant amount of foreign investment. Investors are mainly global energy firms: Russian, Turkish, British and others.
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