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A job interview? No thanks, www.karieri.bg - Pedersen and Partners Executive Search

Sofia, Bulgaria – Here are few tips on politely declining an interview invitation, and why this is important.

  • In the media
  • Sofia
  • Bulgaria
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Recruitment in Africa: an overview - Pedersen and Partners Executive Search

Johannesburg, South Africa – The continent of Africa is huge and diverse, home to over 1.2 billion people in 54 countries. Africa is rapidly expanding in terms of economic growth, infrastructural development, education, population, social mobility, and overall regional stability.

  • Press Releases
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  • Johannesburg
  • South Africa
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A passion for business and life, Riga TechGirls - Pedersen and Partners Executive Search

Riga, Latvia – “In today’s world, where everything is digitally connected and technology plays a vital role in humanity’s development, this field is a good place to end up in.” Liga Treiliha, Managing Director of Creamfinance Latvia.

  • In the media
  • Riga
  • Latvia
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Pedersen & Partners France nominated in 7 Executive Search industry rankings by “Décideurs Magazine” - Pedersen and Partners Executive Search

Paris, France – Décideurs Magazine issued by the Leaders League, a media and rating agency for top executives, has released its 2017 annual “Compensation Systems and Recruitment Strategies” report for the Executive Search industry in France. Pedersen & Partners was nominated for its strong reputation and prominence in the following categories:

  • In the media
  • Paris
  • France
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Seeking a roadmap for digital transformation and talent, "El Portal del Capital Humano" - Pedersen and Partners Executive Search

Lima, Peru – “The First Industrial Revolution used water and steam power to mechanise production. The Second used electric power to create mass production. The Third used electronics and information technology to automate production. Now a Fourth Industrial Revolution is building on the Third, the digital revolution that has been occurring since the middle of the last century. It is characterised by a fusion of technologies that is blurring the lines between the physical, digital, and biological spheres.” World Economic Forum [1]

  • In the media
  • Lima
  • Peru
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New premises for the Pedersen & Partners Riga office, “Dienas bizness” - Pedersen and Partners Executive Search

Riga, Latvia – Pedersen & Partners Riga has moved its office location to newer, larger premises.

  • In the media
  • Riga
  • Latvia
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Josef Buttinger named HR Person of the Year at HR Inside Summit - Pedersen and Partners Executive Search

Vienna, Austria – Austria's largest HR event – the annual HR Inside Summit – was held for the third time at the Hofburg former imperial palace in Vienna. At the event, the second annual “HR Awards” were presented, honouring innovative HR ideas and projects in four categories: “Strategy, Leadership and Personnel Development,” “Tools & Services,” “Recruiting & Employer Branding,” and “Newcomer of the Year.” A special award is also presented to the “HR Person of the Year.”

  • In the media
  • Vienna
  • Austria
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Choosing the right time to leave a company - Pedersen and Partners Executive Search

Warsaw, Poland – “How long should I work at one company?” This is a question that l hear a lot. It’s likely that you have already asked yourself this question – and chances are you’re still at a loss.

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  • Warsaw
  • Poland
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Professional burnout, and what to do about it, “biz.liga.net” - Pedersen and Partners Executive Search

Kiev, Ukraine – How do you prevent your dream job from turning into the worst mistake of your life? Most career professionals go through periods of self-reflection and search for meaning – a phenomenon known as burnout. “It is common for professionals to seek a new job in a fresh domain, and for different reasons. The majority of them do not understand that they’re experiencing burnout, and they start looking for external reasons. The main factors pushing workers to radically change their life and career vector include dissatisfaction with their chosen profession, financial issues and lack of career growth,” says Vladimir Kolomoets, Country Manager for Ukraine at Pedersen & Partners.

  • In the media
  • Kiev
  • Ukraine
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You add a lot of value when working in the technology field, Riga TechGirls - Pedersen and Partners Executive Search

Riga, Latvia – “You create something from nothing, and you work together with plenty of smart, humorous, and focused colleagues.” Valerija Makijenko, Head of Development at Visma Enterprise Latvia. Evita Lune, Global Digital Economy Partner, interviewed Valerija for Riga Tech Girls, an IT community in Riga, Latvia dedicated to tech, start-up and digital education.

  • In the media
  • Riga
  • Latvia
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Pedersen & Partners co-hosts executive coaching session on managing high performance teams  - Pedersen and Partners Executive Search

Lima, Peru – What are the characteristics of a high performance team? What does it take to assemble, manage and develop one? At a recent business breakfast event in Lima organised by Pedersen & Partners in association with Club Empresarial from Peru, the business community had a chance to discuss the importance of the executive coach in developing successful teams and achieving company growth.

  • Press Releases
  • Lima
  • Peru
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Middle East & Africa headquarters in Dubai – challenges and opportunities  - Pedersen and Partners Executive Search

Dubai, United Arab Emirates – Focusing on the Consumer sector in particular but also taking a number of other sectors into consideration, we have seen an increasing number of international firms moving their Middle East & Africa headquarters to Dubai, and in the process facing the inherent challenges of hiring senior executives across North and Sub-Saharan Africa.

  • Press Releases
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  • Dubai
  • United Arab Emirates
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Middle East & Afrika Headquarters in Dubai – Chancen und Herausforderungen - Pedersen and Partners Executive Search

Dubai, Vereinigte Arabische Emirate – Die nähere Betrachtung insbesondere des Konsumsektors, wie auch einer Reihe anderer Branchen, zeigt eine steigende Zahl internationaler Unternehmen, die ihr Headquarter für den Mittleren Osten und Afrika nach Dubai verlagern und vor der Herausforderung stehen, ihre Top-Führungskräfte in Nordafrika und südlichem Afrika zu gewinnen.

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  • Dubai
  • United Arab Emirates
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Las Sedes Centrales para Oriente Medio y África se establecen en Dubái – retos y oportunidades - Pedersen and Partners Executive Search

Dubái, Emiratos Árabes Unidos – Centrándonos particularmente en el sector de Gran Consumo, pero también teniendo en cuenta otros sectores de la industria, hemos visto un creciente número de empresas internacionales mover sus sedes centrales para Oriente Medio y África a Dubái y, en el proceso, hacer frente a los retos inherentes a la contratación de ejecutivos de primer nivel en toda África del Norte y Subsahariana.

  • Press Releases
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  • Dubai
  • United Arab Emirates
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Sub-Saharan Africa executive compensation particularities, “Fin24.com” - Pedersen and Partners Executive Search

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. 

  • Press Releases
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  • Johannesburg
  • South Africa
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Pedersen & Partners promotes Gary Williams to Partner - Pedersen and Partners Executive Search

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.

  • Press Releases
  • Munich
  • Germany
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Leadership in South African universities: How can Executive Search professionals help?	 - Pedersen and Partners Executive Search

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. 

  • Press Releases
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  • Johannesburg
  • South Africa
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Pedersen & Partners appoints Dean McHugh as a Regional Client Partner 	 - Pedersen and Partners Executive Search

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.

  • Press Releases
  • Bangkok
  • Thailand
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Pedersen & Partners appoints James Prideaux as a Regional Client Partner - Pedersen and Partners Executive Search

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.

  • Press Releases
  • Bangkok
  • Thailand
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 Pedersen & Partners appoints Frank Behrendt to lead its Financial Services Practice Group in Africa - Pedersen and Partners Executive Search

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.

  • Press Releases
  • London
  • Johannesburg
  • United Kingdom
  • South Africa
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Future professions without geographical boundaries, “Dienas Bizness” - Pedersen and Partners Executive Search

Riga, Latvia – The world of work is in a state of flux, with many occupations disappearing and transforming while new professions emerge.  The new professions are mainly related to technology and the development of tools and processes, but their defining characteristic is the absence of geographical boundaries.

  • In the media
  • Riga
  • Latvia
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Negotiate, don’t eliminate, “FINANCE.TUT.BY” - Pedersen and Partners Executive Search

Minsk, Belarus – In a tough economy, Belarus’ employers run the show. This means that the number of dismissed employees in Belarus is currently considerably higher than the number of newly-hired employees. For example, in January 45,000 people were fired but only 37,000 were hired. At the same time, a new trend can be seen: more and more companies are trying to negotiate with their employees and find new ways and opportunities to work together, without resorting to the final measure of termination.

  • In the media
  • Minsk
  • Belarus
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Beijing smog driving away expat talent, “HR Magazine” - Pedersen and Partners Executive Search

As smog in Beijing exceeded to 22 times higher than the World Health Organisation (WHO)’s limit in December, the pollution is leading to more than just an array of health problems – it is making it harder for the Chinese capital to attract and retain foreign talent, according to Pedersen & Partners.

  • In the media
  • Hong Kong
  • China
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Multinationals in Greater China are localising their top management, Partner Gautier Vasseur to HR Magazine - Pedersen and Partners Executive Search

The average annual gross compensation for top executives in the world’s largest companies increased in 2015 by 3.8% to EUR 1.45 million (HKD 12.22 million), according to Executive Search firm Pedersen & Partners. The survey covered 1,800 top executives in 340 large companies in 18 countries.

  • In the media
  • Hong Kong
  • China
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Could your ego help your career? "Gestión" - Pedersen and Partners Executive Search

Lima, Peru – Some studies show that going into a crucial interview with an egotistical attitude could bring you an advantage. Employers often prefer a confident candidate who is convinced that s/he is the best person for this specific job – but perhaps it is just as important to raise your confidence by carefully analysing the job description before the interview!

  • In the media
  • Lima
  • Peru
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Belarusians don’t really know the meaning of unemployment, says Lola Trapsh for Onliner  - Pedersen and Partners Executive Search

Minsk, Belarus – Lola Trapsh, Country Manager for Belarus at Pedersen & Partners, a leading international Executive Search firm that operates in 56 wholly owned offices in 52 countries, gives her expert insights into the realities of the employment situation in Belarus.

  • In the media
  • Minsk
  • Belarus
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Partner Evita Lune ranked in the Forbes Most Influential Business Women In Latvia list  for the second year running - Pedersen and Partners Executive Search

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.

  • In the media
  • Riga
  • Latvia
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The challenges of taking a break – a question of logistics, “Deutsche Verkehrs-Zeitung” - Pedersen and Partners Executive Search

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.

  • In the media
  • Vienna
  • Austria
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Tough times for expats in Oman, Client Partner Chris Quy for International Finance Magazine - Pedersen and Partners Executive Search

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.

  • In the media
  • Dubai
  • United Arab Emirates
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The power of BATNA in confident salary negotiations, “WU Executive Academy” - Pedersen and Partners Executive Search

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.

  • In the media
  • Vienna
  • Austria
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By Ally Ho, Senior Consultant

The Middle East has certainly had its ups and down over the last 18 months and although there are more positive signs we are still not out of the woods. When the initial crisis hit there were hundreds of employees from all areas of financial services sector who found themselves out of a job and hunting for further career opportunities. Once the initial dust cleared and things began to stabilize a little there were clear trends developing in terms of style of hiring.

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By Evita Lune, Partner and Country Manager Latvia 

Krīze ir atstājusi dramatisku iespaidu uz darba tirgu Centrāl- un Austrumeiropā. Milzīgais pieprasījums pēc cilvēkresursiem ir būtiski krities. Darba ņēmēju tirgus laiks ir pagājis, tagad noteikumus diktē darba devēji. Smagi cietuši tādi sektori kā nekustāmais īpašums, finansu pakalpojumi, automobiļu ražosana un tirdznieciba, konsultācijas. Arī Latvijā, bezdarba līmenim sasniedzot līdz šim nepieredzēti augstu līmeni 15.3 % no ekonomiski aktīvajiem iedzīvotājiem un sarūkot vidējai darba algai, kas pēdējos piecpadsmit gadus bija tikai kāpusi, varam secināt, ka darba tirgus noteikumi ir būtiski mainījušies. Uzņēmumi pārsvarā konkcentrējās uz biznesa reorganizāciju un restrukturizāciju, nevis uz attīstību kā agrāk. Augsta līmeņā vadītāju meklēšanas jomā uzsvars ir bijis uz eksistējošo vadītāju nomaiņu vai jaunu vadītāju piesaisti restrukturēto uzņēmumu jaunajām struktūrvienībām, nevis uz jaunu un attīstošos uzņēmumu vadītāju meklēšanu.

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By Minerva Cernea, Principal and Head of North America

Overview

Losing a job in today’s world can unfortunately be seen as part of the normal course of any professional’s career progression - especially in these tough economic times. When revenues drop, expenses must be brought into line and for most service companies, payroll is their largest expense.

Pedersen & Partners offers the following steps in its career transition strategy to finding the right new job:

Step One - RECONCILIATION (or getting over the old job)

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By Evita Lune, Partner and Country Manager Latvia

Introduction

Patient, obedient, long-suffering, helpless, fond of children, tender-hearted, responsive, ready to share, agreeable, obliging, hospitable, respectful to elder people, honoring men and as a consequence, voluntarily choosing to always remain in the shadow of men.

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By Evita Lune, Partner, Country Manager  Latvia

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By David Mashuri, Principal and Head of Central Asia

Management Demand

It's obvious to anyone crossing Kazakhstan today that this vast country located between the Russian, Indian and Chinese Giants is a paradox, though relatively unknown worldwide, its abundant natural resource wealth makes its population one of the potentially richest per capita.

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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.

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From 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

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By 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.

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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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