Executive Skills Most in Demand Changing in Today’s Executive Job Market

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Mark Anderson delivered the results from ExecuNet’s annual Executive Job Market Intelligence Report and outlined the most sought-after characteristics by employers and also the hardest to find characteristics by recruiters in today’s job market.

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This is a subtle but important change in skill focus that frames the uncertain times we live in and reflects the rapid changes companies are facing today.

http://www.ExecuNet.com -- The ability to build and lead high performance teams tops the list for the most in-demand skills for executives today, reports ExecuNet President Mark Anderson in his recent presentation “How to Get Ahead in Today’s Executive Job Market.”

The perspectives come from ExecuNet’s just-released exclusive 20th annual Executive Job Market Intelligence Report that incorporated surveys of over 500 executive search firms and companies.

“It used to be that industry-specific experience, functional experience and basic leadership skills dominated the list by companies and search firms. Now the importance of building high-performance teams, cross-functional experience and strategy and execution leadership have become more important,” says Anderson. These most “sought-after characteristics” apply whether you are moving up in your current organization or changing organizations.

“This is a subtle but important change in skill focus that frames the uncertain times we live in and reflects the rapid changes companies are facing today,” says Anderson. "Adaptability, execution and managing teams are at a premium, as business models are challenged through global competition and the rapid speed of change in business, technology and with customers."

Most “Sought-After Characteristics” by Employers
1. Ability to build, lead high-performance teams
2. Industry-specific experience
3. Strategy and execution leadership
4. Functional/Technical experience
5. Problem-solving
6. Change agent
7. Cross-functional expertise
Source: ExecuNet's 2012 Executive Job Market Intelligence Report

In terms of executive skills that are hardest to find, while the top three items are similar to the most sought-after characteristics, recruiters report finding executives with a record of innovation and candidates with turnaround experience present challenges.

“Hardest to Find”Characteristics, according to Recruiters
1. Industry-specific experience
2. Strategy and execution leadership
3. Ability to build, lead high-performance teams
4. Functional/Technical experience
5. Record of Innovation
6. Change Agent
7. Turnaround experience
Source: ExecuNet's 2012 Executive Job Market Intelligence Report

About ExecuNet
Since 1988, ExecuNet has helped business leaders shape positive change to achieve what’s next in their individual lives. From its beginnings as a small gathering of executives in Connecticut, ExecuNet has evolved into a private network of over 250,000 senior-level executive members with a belief in the transformative potential of trusted insight, real connections and personal introductions to help them find meaningful new work, advance in their careers, better manage the growth of their businesses, and become high-value leaders. A recognized authority in executive employment, retention and recruitment, as well as human capital trends, ExecuNet keeps its members informed about what’s important to them in business and their careers.

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Mark M. Anderson, President & Chief Economist
ExecuNet
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