Wednesday 6 April 2011

Where did all UK bosses of FTSE companies?

Sir John Parker, UK Chairman of Anglo American and German Gerard Kleisterlee, the new President of Vodafone Photo: Eddie Mulholland/Bloomberg News

Analysis of the list of the top companies of 20 traded on the London Stock Exchange - Vodafone to Rio Tinto to Xstrata - there is not a business without vast operations overseas. Some companies may well have begun to offshore as British-run, but their growth in international markets is main reasons why they are so successful.


Does second largest company from Great Britain, Vodafone, now headed by a German-born Dutch and Italian is not necessarily a reflection on the lack of British candidates up to the job, the headhunters say. It is a sign of the times: Britain multinational business and better serve their customers and shareholders and an international Board is essential.


Examine the FTSE itself. As Samuel Johar, Buchanan Harvey, a headhunter FTSE 100 Chairman said: "is not arrived in stock exchange of the all the other countries in the world." Businesses should make sure they meet global customer and shareholder needs.


In the case of Royal Dutch Shell, said Mr. Johar society deliberately decided not to recruit a British person or Dutch on the role of President, for fear of promoting one nationality to another in the company anglo-néerlandaise. Instead of this, she chose to hire Jorma Ollila, a Finnish businessman, as a "compromise".


"The company had been through a bad patch and it was slightly politically sensitive." "Yes, it is a disadvantage for the British and Dutch - candidates he left entirely - but life is not always right", said Mr. Johar.


Most often, however, table of multinational President in top 20 companies in the UK is nothing other than the meaning of the judgment, experience and gravitas, they can bring to the role, Mr. Johar says. Nationality is irrelevant to some extent. "This is the role of the President of wise and moral compass of the society, acting in the interest of shareholders," he said, adding there is no evidence that British candidates lacked these qualities.


If anything, UK-born businessmen had an advantage, Mr. Johar says, because they knew that their way around the city - hedge fund managers, brokers, journalists and heads hunters.


Take Sir John Parker, Chairman of Anglo American, which led to business "heavy weight" on the Board of Directors in just four weeks starting labour who managed to turn the society – something a President overseas with little influence in the city could not achieve so quickly.


Alexander Mann Solutions, a business research Executive since the beginning of the recession companies require accountability more of a potential candidate for a senior advisory role. They want to see proof of what this person has done to deliver results in their market, the customer experience with different bases and places rather than just potential.


To some extent, this memory ready an international candidate, who can easily demonstrate experience in overseas markets. Mark Diog, head of the acquisition of talent, said: "when you recruit for many international in FTSE 100 companies, it is almost a given that you are looking for a candidate wishing to acquire an experience of different markets, different geographies, internationally mobile and with overseas employee base."


However, he added: "The UK is an international hub of global finance." It is an attractive working and living place, and it is one of the markets more open to international applicants. »


The message is clear, said Mr. Diog: If Brits want to step up to the mark, they must pass all implemented to show a "truly global mindset".


Job and career counseling jobs Telegraph



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