Xuemei Bennink-Bai Practice Group Co-Leader, Shanghai
The Consumer Products segment, which covers a broad range of products including Fast Moving Consumer Goods (FMCG) & Consumer Durables, is characterised by a highly dynamic talent pool. Competition for top performers is fierce, not only from within the segment and companies working via similar channels, but also from other sectors. Consumer Products executives are mainly attractive thanks to their track record for driving transformations. They tend to possess highly-prized skills like the ability to develop a customer-focused branded product or service proposition, to restructure global operational footprints, and to grow a business through a third-party distribution network.
What skills are needed now?
Over the last 10 years the norm among international executives has shifted from one-company careers to executives who proactively build a track record across industries in order to add complexity and new challenges to their career. This appetite among executives for a diversity of challenges, and among companies to look for best practice within and outside their own sector needs to be balanced by careful consideration of an executive’s fit with the wider competency profile that will enable success in individual companies, roles and cultures.
How can Egon Zehnder support the FMCG industry?
Our clients range from leading multinationals with well-honed structures and talent management practices to local players with an interest in developing world-class capability and talent management programs. We also work with a wide range of smaller, more entrepreneurial clients to assess the ability of executives to bring not only the right business and commercial skills but also the adaptability and personal leadership needed to move into an environment where there is less structure or process in place.
How we operate
Our consultants collaborate closely to ensure that we can match our combined knowledge and abilities to our clients’ business priorities. We work with our clients in serving a broad range of talent needs, from leading searches for critical board and management appointments to benchmarking internal talent and providing key development input, and from playing a key role in succession planning and decisions on key internal appointments to providing the framework for helping the wider executive team to optimize their collective effectiveness and impact in the environment in which they are operating.
We have completed over 1,400 assignments for our clients globally over the last 5 years, and would be happy to meet you to introduce our team, to share our credentials in detail, and to discuss how we can help your organization meet its goals.