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The industrial sector contributes $23.5 trillion to the global economy, accounting for more than 22% of the world employment. This sector has grown tremendously, with companies adopting a more inward-looking approach and recognizing that the customers are increasingly expecting more reliable, transparent, and efficient B2B relationships.
Middle class spending is expected to increase to up to $64 trillion by 2030, accounting for a third of GDP growth. This is mainly driven by the growing consuming classes in emerging economies. As innovations spark additional demand, global manufacturers will have substantial new opportunities—but in a much more uncertain environment. Therefore, to prevent extinction, industrial companies are expected to transform according to the evolving ecosystems, business models, technology, customer expectations, and workforce.
Industry leaders see innovation as the key to a future reliant on talent, skill, relationships, and intelligent deals. Thus, the human factor is working in concert with technology to create opportunities, not remove jobs. Global leaders agree that innovation and human capital are the two areas they must strengthen to capitalize on new opportunities. The biggest recruiting challenge for CEOs is attracting people talented in creativity, innovation, leadership, emotional intelligence, problem solving, and adaptability.
Aggressive and deliberate investments, while imperative, are not enough. The next wave of leaders in the industrial sector will build ecosystems that deliver on the promise of analytics and connectivity to maximize efficiency for themselves and their customers. They will get closer to their customers’ needs, creating suites of services and creating new partnerships outside their core specialty areas. They can succeed if they move forward in smart, deliberate strides. At August Leadership, we work with our clients to identify and develop the leaders who can make this a reality.
Michael has over 17 years’ experience in executive search.
Claire has spent seventeen years in executive search and focuses on leadership positions in consumer, industrial and professional services.
Lukas Beech is one of the most influential search consultants in Asia, with about 20 years of deep expertise, especially in the Korean market.
Katarina is an accomplished executive search professional and has 20-plus years of global experience in management consulting, recruiting, and executive search.
As a highly accomplished relationship builder with a track record of excellence, Daanish has played a pivotal role in placing over 120 CEO and C-level executives.
James serves key clients in the industrial, consumer, technology and professional services sectors. He has a keen interest in innovative, technology-enabled industrial, consumer and healthcare businesses.
Sky has over 30 years of diverse industry experience, with a strong focus on automotive and automation solutions industry in Asia and North America.
Andrea B. Thomas is an advisory partner at August Leadership.
As an innovator, Asad has founded and now leads August Leadership, one of the fastest-growing executive leadership search firms.
Anke has a long-standing career in executive search and has conducted board level and senior executive mandates across a range of geographies and industry sectors.
Arne specializes in top management positions in trade, FMCG, luxury goods and media industries. Arne also leads a personnel diagnostics business, Scan Up AG.
Craig brings a decade of successful talent advisory expertise, specializing in executive roles across diverse sectors.
Kathleen Avery brings over 25 years of experience in executive search and specializes in technology innovation and digital transformation.
Kari bring his 42 years of business leadership experience to Executive Search.
Her experience spans a range of industries and sectors. Michelle specializes in VP, C-suite, and Board-Level searches primarily.
Chun has more than 17 years executive search experience.
