July 14h, 2017 – Kiev, Ukraine – Pedersen & Partners, a leading international Executive Search firm with 56 wholly owned offices in 52 countries, is pleased to announce that Konstantin Golovin has joined its Kiev team as a Consultant.
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Houston, USA – When nuclear fission was first discovered, many people imagined that the energy released from splitting atoms could provide a never-ending source of cheap energy powering a utopian society of flying cars and ubiquitous robots. More than half a century later, nuclear energy is as scorned and unpopular as “dirty” fossil fuels.
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Mexico City – Until recently, it was difficult to imagine the Chief Financial Officer (CFO) as the next in line to succeed the CEO. Nevertheless, experts believe that as the current market rules require Finance Directors to broaden their skills, these executives are now better suited to be business leaders.
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Sofia, Bulgaria – In June 2017, Pedersen & Partners Sofia organised a discussion panel on the film industry with highly acclaimed Bulgarian actress Joana Bukovska-Davidova and Ivan Tonev, a prominent film cinematographer, producer and director, speaking to members of the Bulgarian business community. The event was held in collaboration with PostBank.
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Bogotá, Colombia – “We tend to overestimate the impact of technology in the short term and underestimate it in the long run” – Amara Law –
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Bogotá, Colombia – “Tendemos a sobreestimar el impacto de la tecnología en el corto plazo y subestimarlo en el largo plazo” – Ley de Amara –
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Bratislava, Slovakia – According to domestic and foreign Private Equity and Venture Capital investment experts, the Slovak Private Equity market should be active over the next three years, and there are optimistic expectations for the next three to five years.
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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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Johannesburg, South Africa – “In the Sub-Saharan Africa talent market, job titles and therefore pay scales mean very little – i.e. a Vice President in one country could be a senior manager or a Director in another. Typically companies have simply been grateful that they can get talent to relocate to some of the countries where they operate in subsidiaries, so now they find themselves with confused pay scales. They find their calculations to be driven by what the markets dictate rather than what their organic pay scale specifies for corresponding positions elsewhere in the world,” explains Martin Pike, Managing Director of Sub-Saharan Africa region at Pedersen & Partners.
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February 5th, 2016 – Munich, Germany – Pedersen & Partners, a leading international Executive Search firm with 56 wholly owned offices in 52 countries, is pleased to announce the promotion of Gary Williams to Partner and equity owner of the firm.
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Johannesburg, South Africa – If we are to be successful when searching for executive management in South African universities, we need a complete understanding of what "transformation" means for that particular entity. Our tertiary education system is on a steadfast path of change, expansion and inclusivity. Funding is under great strain, but the pressure to be world-class has never been greater. Academia has a responsibility to create a long-lasting legacy and contribution to South Africa’s democracy.
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February 2nd, 2016 – Bangkok, Thailand – Pedersen & Partners, a leading international Executive Search firm with 56 wholly owned offices in 52 countries, is pleased to announce that Dean McHugh has joined its Asia Pacific team as a Regional Client Partner.
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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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Riga, Latvia – This year, Latvia was ranked 15th in the Global Gender Equality Index published by the World Economic Forum. This achievement is borne out by the number of influential and successful women in the country.
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Vienna, Austria – The concept of sabbatical leave first appeared in the US several decades ago. Burnt-out American professors felt the need to take breaks to recover from the pressures of academia, and would return refreshed and ready for new ideas. Before long, the concept spread to European universities.
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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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By Poul Pedersen, Managing Partner
If so, then you might be interested to know that the large regional private equity fund manager Enterprise Investors and the executive search firm Pedersen & Partners is operating a “MBI & MBO Club” in Poland, Romania, Czech Republic, Hungary, Slovakia, Bulgaria, the Baltics and Ukraine.
Read moreFrom our extensive experience with executive recruitment both in various geographical as well as in functional areas we have encountered the issue of lack of leadership talent in Central and Eastern European region. Real estate in Romania is booming and the demand for top performers in this sector has been growing exponentially. Russia is experiencing growing demand for HR directors and executives in investment banking. FMCG, Retail and Financial sectors in Poland already developed and trained highly qualified
Read moreBy Minerva Cernea, Principal and Head of North America
Evolution of the CFO role in CEE. What makes CFOs move: paycheck or challenge?
This article focuses on the changes of the CFO position in CEE, what motivates these people and what they understand to be their mission.
Read moreBy 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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