Executive Search for Education and Nonprofit

In recent years the education and nonprofit sector has rapidly grown, particularly with the arrival of virtual classes. The nonprofit sector, often referred to as the “third sector” has gained importance as an increasing number of people have become more engaged in social and philanthropic activities, which was facilitated by online platforms.

Market Challenges for the Education and Nonprofit Sector

Executive Search companies must follow the tendencies of these worldwide changes as they often influence companies as well as the organization's management and strategies.

Aspects such as rising mobile device usage and the desire for personalized digital education content have resulted in the quick adoption of internet-enabled gadgets as well as the growth of the online education sector.

Lately, the educational sector has felt the need of the consumer to change from traditional learning to personalized and interactive learning. Knowledge and instructional content are being delivered using the latest technologies and innovative methods as digitization continues to advance in the education sector, making learning and development an ongoing process. Innovative methods bring about a demand for visionary leaders, as well as the need for headhunters to identify such talent.

The online education market is on track to reach $166.60 billion in revenue by 2023, and it’s expected to keep growing at a steady pace, with an annual growth rate of 9.48% between 2023 and 2027. This means that by 2027, the market could be worth around $239.30 billion. 

 This growth highlights the growing popularity of online learning options as more people and institutions are seeking flexibility and educational solutions. Headhunting companies should seek qualified leaders with a true vocation to adapt and capitalize on the emerging opportunities that are being presented now more than ever.

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Case Study: Executive Search in the Education and Non Profit Sector

Diagnosis of situation: A leading university in the United States needs to fill a key position after the person who was in the position had to retire due to medical problems after 15 years holding the President role.

One of the most relevant universities in the U.S. entrusts us with the job of finding the right person for that key role within their organization. The organization sought the help of executive search companies and decided to come to us. An internal study is conducted and after considering the market trends and the current organization chart of the company, a new job description is proposed to the client with minor alterations, compared to the one initially requested.

Implementation: Before the search, we are asked to provide a potential interim leader to help through the transition. A mapping is completed looking at relevant and competing institutions in the U.S. The candidates are presented to our client’s company board of directors and some advisors. After reviewing all candidates, the client decides to continue with the interim solution which provided excellent short-term results. 

Results: Since joining the team, the new president has led the digitalization of the company during the COVID pandemic. This has ensured teachers can continue to provide classes and students can continue learning remotely.

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