Welcome to your quarterly update on the Strategy market, where we provide you with insights from the previous and upcoming quarters.
What were the market trends for last quarter?
The strategy and development market continued to grow, particularly in corporate development, M&A and transactional roles. Major businesses are divesting loss leaders - and even those businesses in cost reduction phase are still growing strategic capabilities, to focus on those acquisition and divestment opportunities.
What are the major skills in demand?
As well as traditional strategists, investment bankers and venture capital professionals found themselves inundated with new opportunities, as businesses across Australia looked to grow by acquisition and investment. Outside of strategic investment and financial modelling capabilities, our retail, consumer and technology partners asked for CX or consumer insights experience, and capabilities in interpreting large data sets.
Need candidates with those skills?
What are the skill gap shortages?
An ability to generate, interpret, and articulate trends in data continue to be an elusive skillset, and searches for strategy professionals with AI exposure or deep knowledge of robotics and automation continue to prove challenging.
What are organisations doing to attract the best talent?
The businesses which ‘win’ the best candidates take a pretty simple approach - proactivity! Being able to accommodate an exceptional strategy professional when they come to market, means securing the best possible candidates and riding out challenging recruitment periods in the market. Work in diversity, inclusion and future-proofing is also well regarded from a job seeker perspective.
What is the outlook for the next quarter?
We expect a greater number of candidates to come to market post-Easter break, after a brief pause for inflection and reflection on the year ahead. Client-side, large ASX organisations race to squeeze from the hiring budget before it disappears into the new financial year.
Q1 2019 INSIGHTS
Top roles in demand
- Strategy / Corporate Development Analyst
- Strategy Manager
- Customer Insights / Data Strategy Consultant