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Korn/Ferry survives with hire education: exec search firm diversifies for future growth.(Korn/Ferry International)
From:
Los Angeles Business Journal
| Date:
November 27, 2006| Author:
| COPYRIGHT 2006 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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Korn/Ferry International knows what it's like to be in the doldrums--and plans on not being there again.
After the dot.com crash, Sept. 11 terrorist attacks and the global economic recession that followed, the world's largest executive search firm saw its margins fall and its stock plummet more than 80 percent.
Today, the Los Angeles-based company has largely recovered, but more importantly it's taken steps to broaden its business model. The senior-level executive search specialist not only has improved its middle management search capabilities, but ramped up its human ...
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