EXECUTIVE SEARCH CONSULTING FIRM NUMBER ONE CONCERN:
Succession Planning is the number one concern among executive search firm with ten or more years in business. Size also figures into this concern as consultants have no ability to monetize their years of investment and to value their firms.
Historically, during the acquisition frenzy, most professionals stayed for the term of their contracts and then left to start new ventures in line with their non-competes but eventually returning to their core business strength of recruiting.