Korn/Ferry International provides talent management solutions. The company’s solutions include executive recruitment on a retained basis, recruitment for non-executive professionals, recruitment process outsourcing (RPO), and leadership and talent consulting services. Strategy Key elements of the company’s strategy include driving an integrated, solutions-based go-to-market strategy; delivering unparalleled client excellence; extending and elevating the Korn Ferry brand; advancing Korn Ferry as a premier career destination; and pursuing transformational opportunities along the human resources spectrum. Segments The company’s segments include Executive Recruitment, Leadership & Talent Consulting (LTC), and Futurestep. Executive Recruitment This segment’s services are used to fill executive-level positions, such as board directors, CEOs, chief financial officers (CFO), chief operating officers (COO), chief information officers, and other senior executive officers. As part of being retained by a client to conduct a search, the company assembles a team that consists of consultants with appropriate geographic, industry and functional expertise. The company’s search consultants serve as management advisors who work with the client in identifying, assessing, and placing qualified candidates. In fiscal 2014, it executed 8,144 executive recruitment assignments. The company calls its executive recruitment methodology The Korn Ferry Advantage. The company focuses on recruiting board-level, chief executive and other senior executive positions for clients primarily in the consumer, financial services, industrial, life sciences/healthcare provider, technology and educational industries. The relationships that the company develops through this business allow it to add incremental value to its clients through the delivery of its many talent management solutions. Consultants in the company’s five global markets and one regional specialty practice groups bring an in-depth understanding of the market conditions and strategic management issues faced by clients within their specific industry and geography. The company has organized executive recruitment centers of functional expertise, including consultants who have extensive backgrounds in placing executives in certain functions, such as board directors, CEOs, and other senior executive officers. Its Board & CEO Services group focuses on placing CEOs and board directors in organizations worldwide. Executive Recruitment business is managed on a geographic basis throughout the company’s four regions: North America, Europe, the Middle East and Africa (EMEA), the Asia Pacific and South America. Competition: The company competes with Egon Zehnder International; Heidrick & Struggles International, Inc.; Russell Reynolds Associates; and Spencer Stuart. LTC Services This segment’s strategic management assessment and executive coaching and development services are consolidated under the name LTC to reflect a range of solutions it offers and to accommodate further growth. The company owns Lominger Limited, Inc.; Lominger Consulting, Inc. (Lominger); LeaderSource; Lore International; SENSA Solutions; PDI Ninth House (PDI); and Global Novations, LLC (Global Novations). The company’s LTC services are accelerating its transformation into a broad-based talent management firm. Its blend of talent management offerings assists clients with their ongoing assessment, organizational design, and leadership development efforts. Competition: The company’s main competitors include firms, such as SAP, Oracle, Development Dimensions International, Center for Creative Leadership, Right Management, and SHL, a subsidiary of Corporate Executive Board. Professional and Outsourced Solutions — Futurestep This segment offers clients a portfolio of talent acquisition solutions, including RPO, Project Recruitment, Individual Search, Talent Consulting, and Employer Branding. Futurestep combines traditional recruitment expertise with a multi-tiered portfolio of talent acquisition solutions. Futurestep consultants, based in 18 countries, have access to the company’s databases of pre-screened, mid-level professionals. Talent Consulting services support clients with the wider aspects of the employee lifecycle, including recruitment diagnostic, workforce planning, talent communication and employer brand, candidate assessment and selection and recruitment technology services. Employer Branding services help clients create a compelling employer brand experience. LTC and Futurestep are managed on a worldwide basis with operations in North America, Europe, the Asia Pacific, and South America. Client Base: The company’s clients include public and private companies, middle market and emerging growth companies, as well as government and nonprofit organizations. During fiscal 2014, Futurestep partnered with 1,130 clients worldwide. Competition: Futurestep primarily competes for business with other RPO providers, such as Alexander Mann Solutions, Hays, Kenexa, Spherion, KellyOCG, and The RightThing. For talent acquisition and management consulting services, Futurestep competes with boutique consulting providers, such as HRchitect and Knowledge Infusion and larger consulting firms, such as Accenture, Aon Hewitt and Towers Watson that are building businesses in human resource management consulting. Solutions The company’s solutions include talent strategy and organizational alignment; board and CEO services; succession management; board, CEO, and executive recruitment; professional recruitment; RPO; leadership development; workforce performance, inclusion and diversity; onboarding; and employer brand and talent communications. History Korn/Ferry International was founded as a California corporation in 1969 and reincorporated as a Delaware corporation in 2000.
korn/ferry international (KFY:Berlin)
1900 Avenue of the Stars
Los Angeles, CA 90067
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