Egon Zehnder
{{Short description|Swiss management consulting firm}}
{{Infobox company
| name = Egon Zehnder International Ltd.
| logo = EgonZehnder.svg
| type = Partnership
| key_people = Francesco Buquicchio (CEO),
Michael Ensser (Chair)
| industry = Professional services
| products = Management consulting
Leadership solutions
Executive search
| revenue = {{CHF|883 million|ISO=yes|link=yes}} (2023){{Cite press release |url=https://www.egonzehnder.com/press-release/egon-zehnder-showcases-resilient-performance-and-strategic-growth-in-2023 |title=Egon Zehnder Showcases Resilient Performance and Strategic Growth in 2023 |date=13 March 2024 |publisher=Egon Zehnder}}
| num_employees = 560 Consultants, 660 experts, 2300+ employees{{cite web|url=https://www.egonzehnder.com/about-us|title=About Us|website=www.egonzehnder.com|language=en-GB|access-date=2018-04-23}}
| foundation = {{Start date and age|1964}}{{cite news|last1=Flynn|first1=Julia|title=Egon Zehnder Plans U.S. Expansion As Executive Searches Go Global|url=https://www.wsj.com/articles/SB946939858371106120|access-date=3 January 2017|agency=Dow Jones & Company Inc|issue=Eastern edition|publisher=Wall Street Journal|date=4 January 2000|location=New York, N.Y., United States|page=A19|language=en}}
| location = Zurich, Switzerland
| locations = 65 offices in 36 countries
| homepage = {{URL|https://egonzehnder.com/}}
| footnotes =
}}
Egon Zehnder International Ltd. is a global management consulting and executive search firm. Egon Zehnder is the world's largest privately held executive search firm and the third largest executive search and talent strategy firm globally{{cite web|url=http://huntscanlon.com/wp-content/uploads/2016/02/Big-Five.pdf|title=Hunt Scanlon - Big 5 Global Search Firms|website=huntscanlon.com/|publisher=Hunt Scanlon Media|access-date=3 January 2017}} with an annual revenue of CHF 883 million.{{Cite web |title=Switzerland – Egon Zehnder full year revenue rises 12% |url=https://www2.staffingindustry.com/eng/Editorial/Daily-News/Switzerland-Egon-Zehnder-full-year-revenue-rises-12-64970 |access-date=2023-03-24 |website=www2.staffingindustry.com |language=en-GB}} The firm offers services in Executive Search, Board Consulting and Leadership Strategy Services.
History
The firm was founded in 1964 by Egon P.S. Zehnder (1930–2021[https://www.finews.ch/news/finanzplatz/48826-personalberatungs-pionier-egon-zehnder-gestorben Headhunter-Pionier Egon Zehnder gestorben.] In: Finews, 18. November 2021.) (a 1956 Harvard Business School graduate) and would later grow to having 68 offices in 40 countries.
In 1992, The Wall Street Journal reported that Dr. Zehnder, who at the time was 62, had transitioned out of running the firm and that A. Daniel Meiland, who had been the firm's regional director for North America, would be named chairman of the executive committee and chief executive officer of the company.{{cite news|title=Egon Zehnder International Inc.|agency=Dow Jones & Company Inc|issue=Who's News|publisher=Wall Street Journal|date=15 June 1992|location=New York, N.Y., United States|page=B8|language=en}}
In 2000, The Wall Street Journal reported that Egon Zehnder International (as the company was called at the time) was the largest executive search firm in Europe.
From 2008 to 2014, Damien O’Brien was the chief executive officer.{{cite news|last1=Gu|first1=Wei|title=Executive Talent Search Focuses on Adaptive Leadership; Egon Zehnder Chairman Says Today's Workers Shun the Authoritative Approach|url=https://www.wsj.com/articles/boss-talk-asia-executive-talent-search-focuses-on-adaptive-leadership-1413751711|access-date=3 January 2017|agency=Dow Jones & Company Inc|publisher=Wall Street Journal|date=19 October 2014|location=New York, N.Y., United States|language=en}} O'Brien then served as chairman from 2010 to 2018. Jill Ader was his successor, and was elected as Chairperson June 2018.{{Cite web|url=https://www.egonzehnder.com/press-release/jill-ader-to-chair-egon-zehnder|title=Jill Ader to Chair Egon Zehnder|website=www.egonzehnder.com}} Michael Ensser took over as Chair on Nov. 1, 2022.{{Cite web |title=Egon Zehnder Elects Michael Ensser as Next Chair |url=https://www.egonzehnder.com/press-release/egon-zehnder-elects-michael-ensser-as-next-chair |access-date=2023-01-13 |website=www.egonzehnder.com|language=en}} Edilson Camara serves as CEO until October 31, 2024, after which Francesco Buquicchio will assume the role.{{cite web |url=https://www.egonzehnder.com/press-release/francesco-buquicchio-named-next-ceo-of-egon-zehnder |website=Egon Zehnder |title=Francesco Buquicchio Named Next CEO of Egon Zehnder }}{{cite news|last1=Singh|first1=Namrata|title=Staffing Companies Join Search for Women Leaders|url=http://timesofindia.indiatimes.com/business/india-business/Staffing-companies-join-search-for-women-leaders/articleshow/37050971.cms|access-date=5 December 2016|agency=TNN|work=The Times of India|date=23 June 2014|location=India|language=en}}
Corporate structure
In 2022, Egon Zehnder had 560 consultants across 65 offices and 36 countries.{{Cite web |title=About Us & Purpose |url=https://www.egonzehnder.com/about-us |access-date=2023-01-13 |website=www.egonzehnder.com |language=en}}
Events & Initiatives
= Leaders & Daughters =
Egon Zehnder introduced Leaders & Daughters{{Cite web|url=https://www.egonzehnder.com/leaders-and-daughters|title=Leaders and Daughters |website=www.egonzehnder.com|accessdate=Mar 11, 2023}} in March 2015 in London to provide a forum for addressing both the gender divide and the opportunity gap faced by the next generation of women leaders. The event brings together leaders and their daughters and mentees to discuss the obstacles women leaders face and how to tackle such obstacles.
The event, which marks its 6th year in 2020, is held across 32 cities worldwide and over 5,000 attendees annually.{{cite web |title=Leaders and Daughters |url=https://www.egonzehnder.com/leaders-and-daughters |access-date=2019-02-05 |website=www.egonzehnder.com |language=en}}
== Letters to My Daughter ==
As part of the Leaders & Daughters initiative, Egon Zehnder invites leaders to write letters to their daughters to collectively inspire, cultivate and pave a better future for the next generation of female leaders.{{cite web|url=https://leadersanddaughters.com/|title=Home|website=Leaders & Daughters - To My Daughter|language=en-US|access-date=2019-02-05}}
Exclusive Research
{{primary|section|date=June 2024}}
Egon Zehnder has conducted exclusive research on diversity, inclusion and leadership.
= Leaders and Daughters Survey 2017 =
The Leaders & Daughters 2017{{Cite web|url=https://www.egonzehnder.com/leaders-and-daughters/explore-the-data|title=Explore the Data |website=www.egonzehnder.com|accessdate=Mar 11, 2023}} survey explores findings from over 7,000 professional female respondents worldwide in Australia, Brazil, China, Germany, India, the United States and the United Kingdom on topics ranging from career motivations and ambition to professional advancement and key influencers.{{cite web|url=https://www.forbes.com/sites/christinavuleta/2017/04/05/the-ambition-gap-how-age-and-economic-development-impact-womens-aspirations/|title=The Ambition Gap: How Age And Economic Development Impact Women's Aspirations|last=Vuleta|first=Christina|website=Forbes|language=en|access-date=2019-02-05}}
= The CEO: A Personal Reflection =
Egon Zehnder's The CEO: A Personal Reflection{{Cite web|url=https://www.egonzehnder.com/ceo-study-2018/highlights|title=Highlights |website=www.egonzehnder.com|accessdate=Mar 11, 2023}} surveyed 402 CEOs from various industries, countries and corporate structures. They shared perspectives on the realities of the role, their preparation, their succession planning process, and how they lead and cope in these volatile times.{{cite web|url=http://fortune.com/2018/04/24/egon-zehnder-ceos-leadership/|title=Commentary: Here's Why So Many CEOs Start the Job Unprepared|website=Fortune|language=en|access-date=2019-02-05}}
= Global Board Diversity Analysis: 2012-2022 =
Egon Zehnder has tracked gender and international diversity on boards around the world for the past 18 years.{{Cite web |title=Egon Zehnder's 2022 Global Board Diversity Tracker Launches |url=https://www.egonzehnder.com/what-we-do/diversity-equity-inclusion/press-releases/egon-zehnders-2022-global-board-diversity-tracker-launches |access-date=2023-01-13 |website=www.egonzehnder.com Launches |language=en}}
== 2012 European Board Diversity Analysis ==
The 2012 European Board Diversity Analysis{{Cite web|url=https://www.egonzehnder.com/what-we-do/diversity-equity-inclusion/insights/european-board-diversity-analysis-2012-women-joining-european-boards-in-greater-numbers-than-ever|title=European Board Diversity Analysis 2012 |website=www.egonzehnder.com|accessdate=Mar 11, 2023}} looked at the boards of 353 of the largest companies across 17 European countries between May and June 2012. The analysis aims to contrast and compare the progress made by European companies in diversifying their boards. Data was gathered to measure how many women are engaged as board members in Europe, what is the nature of their engagement – executive roles vs. non-executive roles, leadership roles on the board or within committees – and whether women’s participation on boards has increased or decreased over time. The research also looked briefly at wider definitions of diversity such as non-national board memberships.
== 2014 European Board Diversity Analysis with a Global Perspective ==
The 2014 European Board Diversity Analysis{{Cite web|url=https://www.egonzehnder.com/what-we-do/board-advisory/insights/2014-egon-zehnder-european-board-diversity-analysis-with-global-perspective|title=2014 Egon Zehnder European Board Diversity Analysis With Global Perspective|website=www.egonzehnder.com|accessdate=Mar 11, 2023}} – the sixth in a series of biennial studies initiated in 2004 – profiles the boards of 356 of the largest companies across 17 European countries. The 2014 study also includes a global perspective, exploring gender diversity across 568 large company boards in other regions of the world.{{cite web |last=Dishman |first=Lydia |date=2017-02-08 |title=This Is The State Of Gender Diversity On Boards Around The World |url=https://www.fastcompany.com/3067983/this-is-the-state-of-gender-diversity-on-boards-around-the-world |access-date=2019-02-05 |website=Fast Company |language=en-US}}
== 2016 Global Board Diversity Analysis (GBDA) ==
The Egon Zehnder 2016 Global Board Diversity Analysis (GBDA){{Cite web|url=https://www.egonzehnder.com/what-we-do/board-advisory/insights/2016-global-board-diversity-analysis|title=Egon Zehnder Global Board Diversity Analysis 2016 |website=www.egonzehnder.com|accessdate=Mar 11, 2023}} evaluates board data from 1,491 public companies with market capitalization exceeding EUR 6bn across 44 countries.{{cite web|url=http://fortune.com/2017/02/08/board-diversity-men-ego-tenure/|title=America Used to Lead the World in Diversity But Has Now Fallen Behind|website=Fortune|language=en|access-date=2019-02-05}}
== 2018 Global Board Diversity Tracker: Who’s Really On Board? ==
Their 2018 report, Who's Really on Board?,{{Cite web|url=https://www.egonzehnder.com/global-board-diversity-tracker|title=Egon Zehnder's Global Board Diversity Tracker 2022-2023 Report |website=www.egonzehnder.com|accessdate=Mar 11, 2023}} analyzes BoardEx data from 1,610 public companies with market caps above 7 billion euros in 44 countries as of May 2018. In countries with fewer large companies, they use the six largest companies as measured by market capitalization.{{cite news |url=https://www.ft.com/content/1c163588-fc60-11e8-ac00-57a2a826423e |archive-url=https://ghostarchive.org/archive/20221211231230/https://www.ft.com/content/1c163588-fc60-11e8-ac00-57a2a826423e |archive-date=2022-12-11 |url-access=subscription |url-status=live |title=Men are still winning three-quarters of new boardroom jobs |website=Financial Times |date=11 December 2018 |language=en-GB |access-date=2019-02-05 |last1=Gordon |first1=Sarah }}
== 2020 Global Board Diversity Tracker: Who’s Really On Board? ==
The 2020 report analyzes data from 1,685 public companies with market caps above 6 billion euros in 44 countries.{{Cite web |title=2020 Global Board Diversity Tracker - Who's Really on Board? |url=https://www.egonzehnder.com/global-board-diversity-tracker-2020 |access-date=2023-01-13 |website=www.egonzehnder.com|language=en}}
== 2022 Global Board Diversity Tracker: Who's Really on Board? ==
Their 2022 report analyzed a total of 19,958 board seats – using data from 1,776 publicly-traded companies across 44 countries with a combined market capitalization of €8bn.{{Cite web |title=GBDT 2022-2023 - Diversity & Inclusion Findings |url=https://www.egonzehnder.com/global-board-diversity-tracker/findings |access-date=2023-01-13 |website=www.egonzehnder.com |language=en}}
References
{{Reflist|2}}
External links
{{Commons category-inline}}
- {{Official website|http://www.egonzehnder.com/ }}
- [http://www.egonzehnder.com/global/focus The Focus online (corporate magazine)]
- [https://leadersanddaughters.com/ Leaders & Daughters (An Egon Zehnder Initiative) Official website]
{{Executive search firms}}
{{Authority control}}
Category:Companies based in Zurich
Category:Consulting firms established in 1964
Category:Executive search firms
Category:International management consulting firms
Category:Privately held companies of Switzerland