Heidrick & Struggles International, Inc. provides executive search, culture shaping and leadership consulting services to businesses and business leaders worldwide. The company provides its services to a range of clients through the expertise of approximately 300 consultants located in major cities worldwide. Services The company’s service offerings include the following: Executive Search The company partners with respected organizations worldwide to build and sustain the best leadership teams in the world, with a specialized focus on the placement of top-level senior executives. The company’s search process consists of various steps, such as analyzing the client’s business needs to understand its organizational structure, relationships, and culture; advising the client as to the required set of skills and experiences for the position; and identifying with the client the other characteristics desired of the successful candidate, as well as selecting, contacting, interviewing, and evaluating candidates on the basis of experience and potential cultural fit with the client organization; presenting confidential written reports on the candidates who fit the position specification; scheduling a mutually convenient meeting between the client and each candidate; completing references on the final candidate selected by the client; and assisting the client in structuring compensation packages and supporting the candidate’s integration into the client team. Culture Shaping The company owns Senn-Delaney Leadership Consulting Group, LLC, which provides corporate culture shaping. Chief executives seek the company’s guidance to create thriving organizational cultures in various business situations, including aligning executive teams when there are new leaders and/or new roles; integrating cultures following mergers and acquisitions; shaping the culture to support new strategies and structures; helping minimize cultural barriers to change when implementing major organizational systems or processes; and creating organizational agility to meet the requirements of a changing marketplace. The company’s culture shaping business uses its proprietary technology to administer, analyze, and interpret organizational cultures and drivers, as well as methods to develop clarity around leadership teams and desired organizational outcomes. The company’s culture shaping services generate revenue through a combination of professional service and license fees related to the engagement. Leadership Consulting The company’s leadership consulting services include succession planning, executive assessment and top team and board effectiveness. The company’s leadership consulting services generate revenue primarily through the professional fees generated for each engagement, which are based on the size of the project and scope of services. Client Base The company’s clients include Fortune 1000 companies; major U.S. and non-U.S. companies; middle market and emerging growth companies; governmental, higher education, and not-for-profit organizations; and other major private and public entities. Markets The company provides senior-level executive search, culture shaping and leadership consulting services to its clients worldwide through a network of 49 offices in 26 countries. Its worldwide network includes affiliate relationships in Finland, South Africa, Turkey, and Portugal. The company operates its executive search and leadership consulting services in three geographic regions, such as the Americas (which includes the countries in North and South America); Europe (which includes the continents of Europe and Africa); and the Asia Pacific (which includes Asia and the region generally known as the Middle East). The company’s culture shaping segment operates in the Americas and Europe. Seasonality There is no discernible seasonality in the company’s business, although as a percentage of total annual net revenue, the first quarter (year ended December 2014) is typically the lowest. Competition The company’s competitors include Egon Zehnder International; Korn Ferry International; Russell Reynolds Associates, Inc.; and Spencer Stuart & Associates. History Heidrick & Struggles International, Inc. was founded in 1953.
heidrick & struggles intl (HSI:Berlin)
233 South Wacker Drive
Chicago, IL 60606
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