Furnică ends partnership with Korn/Ferry
Starting this month, Radu Furnică, chairman of Leadership Development Solutions (LDS), a major top executive recruitment firm domestically, has ended collaboration with Korn/Ferry International, the world's biggest executive search firm.
"After 15 years of representing the Korn/Ferry name in Romania,
our development directions are diverging. Korn/Ferry has adopted a
new business strategy, through the creation of so-called hubs in
Budapest, Vienna and Zurich, from which they will serve their
clients of Europe," says Furnică.
He also said that only 8% of his company's revenues were generated
by Korn/Ferry.
The representatives of Korn/Ferry, with 80 offices in over 40
countries at present, say, though, they have not given up the
Romanian market and will recruit further, but operations will be
coordinated from Hungary.
"We still believe in the potential of the Romanian market, and the
decision to coordinate Romanian operations from the Budapest office
represents a development strategy that has not overlapped that of
Radu Furnică, who is a professional, but with an entrepreneurial
vision," says Juerg-Herbert Baertschi, media officer for the EMEA
region with Korn/Ferry.