HOTJOBS FORECAST OF TOP EXECUTIVE JOBS

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1 HOTJOBS FORECAST OF TOP EXECUTIVE JOBS 2015

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3 A CTPartners Forecast of Top Executive Jobs in 2015 Even as companies continue to look for indicators of ongoing economic growth and stability that could boost overall business confidence, job growth in 2015 should continue to expand incrementally, as it did in In its 19th annual Hob Jobs report, leading global executive search firm CTPartners identifies newsworthy executive roles for A look at the global marketplace for executive jobs, as measured by the number of executive searches originated worldwide by the search industry midway through 2014, shows a steady 4% growth in new executive searches versus the same time period of The industrial and life sciences business sectors have been among the most active globally, while regionally, both the EMEA and Asia Pacific regions have joined the North American region in showing some job market strength for leadership roles. This is a period of change and opportunity for members of the executive team. Some of 2015 s hot jobs include new positions or titles, some are familiar positions that are rapidly evolving when it comes to the skillset required, and some have come to the fore thanks to heightened marketplace demand for these leaders. The factors driving these executive hires include the challenges and opportunities of digital technology, data analytics, customer engagement, cybersecurity, risk management, and the transformation underway in global healthcare delivery and systems. CTPartners CEO Brian Sullivan comments, We are seeing a proliferation of executive-level roles borne out of the global influence of big data. Businesses are looking for leaders who can not only understand the massive amounts of information available to them but also identify the threats and opportunities that come as a result of this evolving landscape. As such, analytical roles such as head of personalization and head of people analytics, alongside risk and cybersecurity positions, are the new in-demand roles that will be key to maintaining a company s competitive advantage in Overall, the market remains highly competitive for top talent right now, with nearly three-quarters of our partners describing today s environment as fierce, Mr. Sullivan added. The war for talent is definitely going to continue throughout In the U.S. alone, a record number of IPOs this year means that newly-public companies will need to develop a range of management and leadership positions to grow and compete successfully. 1

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5 HOT EXECUTIVE JOBS OF 2015 DIGITAL & MARKETING Chief Marketing Officer The ongoing transformation of this role dictates that CMOs with the most current capabilities will continue to experience strong demand for their talents. Today s CMO is a direct interface with customers and a key contributor to strategic discussions. The CMO embraces data analytics to target strategies and measure performance, and has the digital know-how to design marketing plans that span multiple platforms. Perhaps most importantly, the CMO partners effectively across functional groups and lines of business, while also carrying significant influence in the boardroom. Digital Marketing/Chief Creative Officer This marketing executive is leading the way as companies continue their shift from traditional to online advertising strategies that allow closer tracking of return on investment. The challenge of effectively incorporating the key elements of legacy television and print marketing strategies into outreach through the new channels used by consumers today falls onto the shoulders of this leader. Chief Digital Officer Digitally proficient and strategic executives are in demand across all industry sectors today. Chief Digital Officers are being called upon to formulate strategies for effective utilization of mobile and digital platforms. That includes life sciences and healthcare companies that must find more cost-efficient avenues to connect with patients, providers, and payers. It includes retailers pursuing omnichannel sales efforts. And it also includes all businesses that are looking to upgrade their B2B or employee digital user experience to be on par with those norms consumers have come to expect. These are just a few of the areas of opportunity for executives who are able to lead digital transformation. RETAIL INDUSTRY Analytics Practice Leader Capturing and synthesizing the massive amounts of data now available to companies from customer interactions, supply chain feedback, production equipment reports, and other sources is a key competitive priority for corporations in all industry sectors. The Analytics Practice Leader is at the forefront in helping the organization to work smarter, identifying and deploying the right analytical tools, working with senior executives in all functional areas to interpret the findings, and unlocking new opportunities for the business.3

6 CTPartners HOT EXECUTIVE JOBS OF 2015 Chief Growth Officer With the capital and other constraints of economic recovery still reining in both companies and consumers, many businesses face a tough revenuegeneration environment. It is in this business landscape that Chief Growth Officers seek new ideas to reignite growth and boost the bottom line. Advertising agencies, major retail brands, and other companies have added this C-level role, often including initiatives aimed at identifying the growth opportunities of digital media and technology as well as borrowing ideas from the world of startups. Head of Personalization Picture this: You are in aisle three at your local supermarket staring at a new detergent when your phone buzzes. You have a text message from another detergent-maker offering you 20% off your favorite brand if you buy it in the next 45 minutes. Coincidence? No! That is the level of sophistication and personalized outreach retailers and other consumer-oriented businesses are already working on today. The Head of Personalization must be an expert at integrating the knowledge gained from customer behavior analytics into highly targeted timely customer engagement and marketing strategies by using cutting edge technologies like personalized texting and cellular geolocation. This is not futuristic. This is now! CYBERSECURITY & RISK Chief Information Security Officer With data security breaches grabbing headlines on a regular basis, corporations in all industry sectors are recognizing the imperative for top quality information security. Best-in-class cybersecurity leaders often possess a defense sector or federal government background, and the Chief Information Security Officer will have direct access to both the CEO and the board of directors. Digital Risk Officer Businesses in all industry sectors will turn to Digital Risk Officers to meet the ever growing need for consistent, organization-wide strategies for addressing digital business risk. Distinct from the CISO, the DRO will partner with business units to effectively balance business needs with potential digital risks, while also leading the development of new systems of assessment and control. This leader is likely to report to the Chief Risk Officer or Chief Digital Officer, rather than to the Chief Information Officer or CISO. 4

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9 CTPartners HOT EXECUTIVE JOBS OF 2015 Conduct Risk Officer Conduct risk is a rapidly growing priority in the suite of risk management. A subset of operational risk, conduct risk incorporates matters such as treatment of customers, remuneration of staff, and a firm s response to conflicts of interest. The U.K. s newly created Financial Conduct Authority has asked all banks in the U.K. to outline their efforts to build a better risk culture and to publish conduct targets. In Australia, conduct risk has also become a prominent priority for both boards and senior executive teams. Look for global adoption of the Conduct Risk Officer role. LIFE SCIENCES & HEALTHCARE INDUSTRY Head of Customer Engagement Pharmaceutical and other healthcare companies are tapping digital strategies to engage with and respond to the increasingly influential customer base of patients and payers. As these life sciences companies look to multichannel solutions that will include social media, ecommerce, and other digital avenues, the leader in the new Head of Customer Engagement role is likely to come from a background of digital innovation, with the capability to effectively challenge traditional pharma and other life sciences commercial models. Chief Patient Officer Patient empowerment will be a defining theme in the future of healthcare, particularly as the opportunities inherent in the convergence of healthcare and technology materialize. As patients gain an increasingly prominent voice in their own treatment decisions, pharmaceutical and other life sciences companies must be prepared to respond. One result will be the increasing use of a Chief Patient Officer, whose responsibilities will include developing and leading sustainable and patient-centric outreach and strategies for the organization. Head of Population Health Management It is a marketplace reality today that managing complex and chronic disease states such as diabetes, cardiac issues, or COPD, requires a comprehensive plan that includes not only treatment protocols and pharmaceutical data, but also compliance matters, analytics, and input from payers and benefits managers. Not surprisingly, demand is growing for the most-skilled leaders in this complex field. Along with disease management expertise, the Head of Population Health Management will possess a sophisticated understanding of the data and analytic tools available as well as business priorities across the spectrum of healthcare providers and payers. 7

10 CTPartners HOT EXECUTIVE JOBS OF 2015 Chief Innovation Officer This emerging life sciences sector role encompasses both product development and strategic direction responsibilities. In an increasingly competitive and evolving healthcare marketplace, the Chief of Innovation must be able to foster and lead business-building innovations, while also working with credibility and influence across the executive team and throughout the organization. As innovation rises to the forefront across other sectors, including oil-and-gas, this position may expand in scope elsewhere. HUMAN RESOURCES Chief Human Resources Officer In the ever-broadening role of Chief Human Resources Officer, an increasingly important responsibility is that of serving as a reliable sounding-board and counselor to the CEO the CEO s consigliere, if you will. This trend is evident globally as today s fast-paced and complex business environment leads CEOs to seek a trusted strategic partner and confidant who can support the CEO by debating and challenging business decisions and priorities. World-class CHROs will be equally adept in interacting with the C-Suite, the board of directors, and key managers throughout the organization. Head of People Analytics With the richness of data and analytic tools at hand today, CEOs around the globe want deeper and more meaningful information about their most valuable asset, their human capital. The Head of People Analytics will need to be able to harness data to measure performance on employee engagement, development, recruitment, retention, work efficiency, compensation matters, and return on investment in talent. FINANCIAL SECTOR Private Equity CFO With increasingly robust private equity activity underway on a global basis, the demand for Private Equity CFOs for portfolio companies continues to expand. This financial leader has the capacity to move quickly when making decisions, sometimes without the benefit of the extensive information and support systems that would be present in a large public company. This CFO is familiar with the unique dashboard of private equity investors. Significantly, the most sought after of these leaders also has IPO experience. 8

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12 About CTPartners CTPartners is a leading global executive search firm that is designed to deliver in-depth expertise, creative strategies, and outstanding results to clients worldwide. Committed to a philosophy of partnering with its clients, CTPartners offers a proven track record in C-Suite, top executive, and board searches, as well as extensive experience in serving private equity and venture capital firms. From its 31 offices in 18 countries, CTPartners serves clients with a global organization of more than 500 professionals and employees, offering expertise in board advisory services, key leadership functions, and executive recruiting services in the financial services, life sciences, industrial, professional services, retail and consumer, and technology, media and telecom industries.