What happens to all the top executives who get retrenched?
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GUEST - Wendy Spalding, managing director at Tuesday Consulting
On the one hand we’re constantly hearing about the talent and skills shortage in South Africa; on the other, a number of high performers and top-executives are being retrenched or exiting the very careers where they have been developed and fast-tracked, due to corporate action beyond their control – shareholder issues, restructuring, new leadership, mergers and acquisitions.
Wendy Spalding, managing director at Tuesday Consulting, an executive search and advisory firm, provides further info on this increasing trend in South Africa and has advice for other high-performance executives who are potentially at risk of this kind of corporate action.
On the one hand we’re constantly hearing about the talent and skills shortage in South Africa; on the other, a number of high performers and top-executives are being retrenched or exiting the very careers where they have been developed and fast-tracked, due to corporate action beyond their control – shareholder issues, restructuring, new leadership, mergers and acquisitions.
Wendy Spalding, managing director at Tuesday Consulting, an executive search and advisory firm, provides further info on this increasing trend in South Africa and has advice for other high-performance executives who are potentially at risk of this kind of corporate action.