Cornerstone International Group has been selected among the top 30 global recruiting firms for the second year in a row. The rankings are compiled by Hunt Scanlon, publisher of the Executive Search Review for the past 27 years.
Hunt Scanlon does not rank the individual firms within the Top 30 Global Group. Cornerstone International Group is the seventh largest firm listed with 60 locations worldwide.
Global recruiting predictions by industry leaders are upbeat as low employment in many economies results in companies struggling to find qualified talent. Among specific expectations: further rise in the importance of AI on hiring, a growing need for digitally literate leaders, a stronger push for diversity and inclusion and a continuing requirement to manage chronic uncertainty.
“Attracting and retaining top talent remains the number one business issue around the world,” says Simon Wan, Chairman and CEO of Cornerstone International Group. “But the specifics are constantly changing. Five years ago, we worried about Next-gen leaders. Today, the top concern by far is digital transformation.”
Executive recruitment is estimated as a $15.6 billion global business by the Association of Executive Search and Leadership Consultants and growing at over 10% each year.
Cornerstone recently completed its annual conference which brings together members from 35 countries. It has headquarters in both Asia (Shanghai) and North America (Atlanta). Member firms all own their own businesses, resulting in a world-wide network of highly qualified, senior consultants in each location.