Executive Career Transitions: Insights for HR Leaders Supporting Career Transitioning

In my two decades of working on executive career transitions and outplacements, I’ve witnessed just how dynamic the landscape of leadership has become for Australia’s executives and senior leaders. The Outplacement and Mobility 2024 Trends Report reveals that 73% of HR leaders surveyed globally are considering retrenchments this year. Economic shifts, heightened governance expectations, and a growing focus on capabilities such as digital fluency are transforming the very nature of executive roles. Data from the report surveying over 3000 HR leaders shows that ‘employers were retrenching employees’ while simultaneously engaging in a ‘war for future talent’. These changes mean that career transitions are no longer role-to-role moves, especially at the executive level. They’re strategic cross-industry leaps that demand a tailored approach to future capabilities.

Aus BioTech Insights from Life Sciences Talent Specialist Sandra Kerr

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We acknowledge the first and continuing custodians of the countries and the grounds upon which we live, lead, and learn. We recognise the unique and enduring relationship that exists between Indigenous Peoples and the land the world over. We welcome their deep knowledge and lessons in stewardship.