I nadequate succession planning strategies and unplanned exits are the key reasons corporate firms turn to executive search companies. Boasting a market size of about Rs.2000 crore in India, this segment caters to hiring/recruitment needs of various industries which their HR team are not prepared for. Especially when it comes to filling senior level positions, each company has its own set of specific requirements for the role. With internal HR teams not equipped to deal with immediate management changes & appointments; external HR panels take care of assessing the candidate’s work experience better as well as highlight their strengths & weaknesses