There are Several Reasons:
The predominant reason is today's maturing of management as a professional function. This development brought about a realization that the success of an organization depends largely on the quality and performance of its people.
The organization with the best executives is most likely to move ahead of its competitors. Therefore, ways had to be found to develop the best from within and recruit the best from outside.
The gradual understanding that executive search firms are the main means of bringing about better utilization of scarce executive talent has been seen and endorsed by many successful businesses.
|