It’s not what you know…
In today’s competitive recruitment world, it’s not so much about what you know but who you know, at least that’s what CTPartners’ Russel Adam tells Kipp
April 4, 2011 3:12 by Precious de Leon
“Now, confidence is returning, encouraged by the Dubai World $25 billion debt restructuring, and statistics indicating that output and orders in the emirate are rising. Economic growth is recovering to levels which compare favourably with Europe and the United States.
“But some tough lessons have been learned, prominent among them being that understanding of local business conditions and commanding trust will be increasingly important for success in Dubai.
“This is all the more true because the onus now is on running organisations more competitively. Many local businesses are repairing their balance sheets and freeing up cash flows to make acquisitions or otherwise expand at what many see as the turning point in the cycle. It will no longer be enough to appoint individuals, however well qualified and professional they may be, if they simply take the place of others.”
This trend is consistent with global trends: according to the Association of Executive Search Consultants, the number of new executive searches started in the second quarter of this year was up 38 percent over the same period of 2009.
It is also consistent with the longstanding importance in Dubai of recruitment in such areas as education, healthcare, tourism, and infrastructure and logistics.