LAWRENCEVILLE, N.J.--(BUSINESS
WIRE)--Unlike immediately after 9/11, companies are more willing to
make top management changes now, even in light of an uncertain economy,
say a majority of more than 160 senior executives responding to a poll
by Michael D. Zinn & Associates, an executive search firm
specializing in the recruitment of senior level corporate executives.
"This
indicates that companies are not yet in a survival mode," says Michael Zinn, president of
the firm bearing his name. "They
believe that with the right leadership in place, they can still improve
their standing within their industry and markets."
People at the top make a difference in corporate
performance. "By putting
the right people in place, an organization can differentiate itself and
improve its market position,"
adds Zinn. "For example,
companies should now be looking for people who can focus on
productivity with an eye towards improving the bottom line. This is
especially important because of a limited ability, in general, to
increase prices to grow revenue."
Though the economy in the U.S. is being hit with high
prices for food and energy, and a stubborn credit crisis that is having
a negative impact, more than half of the respondents polled are upbeat
and positive about the need of their organization to continue to move
forward. "They are not
waiting for the uncertainties in the economy to settle down prior to
making major moves at the upper levels of their organizations," concludes Zinn.
Founded in 1988, Michael D. Zinn & Associates
conducts specialized searches for senior executives, including: chief
executive officers, chief operating officers, chief marketing officers,
chief technology officers, and chief financial officers, as well as
their direct reports and staff. The organization's
clientele primarily comes from Global 2000 companies, as well as
mid-cap, small cap, and the portfolio companies funded by private
equity and venture capital organizations.