Kenyas economic growth prospects remain excellent, notwithstanding the steady slowdown in growth from 6.3% in 2018, to 5.4% in 2019 and to 4.9% in the first quarter, which was the slowest pace of expansion since the second quarter of 2017. The Covid pandemic has increasingly wreaked havoc on most global economies since April 2020. National Treasury Cabinet Secretary, Mr Ukur Yatani, has said that the economy is expected to grow at a much slower pace of between 1.8% and 2.5% this year, from an earlier forecast of 6%, given the impact of the virus.
As the largest and most developed economy in East Africa, Kenya is set to continue as one of the fastest growing economies on the Continent, but with nearly half of the 50 million population living below the poverty line and two thirds not having access to basic financial services such as bank accounts, there will need to an intensified focus on Trade, development finance and the energy sector, program areas identified by USAID.
‘Another aspect critical to the future growth in Kenya and the East African region as a whole, will be the appointment of competent business leaders, with the requisite credentials to lead their companies effectively and steer them successfully, without blemish, on a continent ravaged by corruption. Private sector business leaders must strive to lead honorably and lawfully, exposing suspected corruption at every turn’, says Thuli Nkosi, Director at BossJansen Africa Executive Search, in South Africa.
She says, ‘more than ever, as we look towards a post Covid world, it is time for Kenyan companies to headhunt the right people for their businesses. Headhunting is sometimes the most efficient option for companies – in contrast to traditional recruitment processes, or making use of internal HR staff’.
BossJansen is focused on assisting leading companies across Pan Africa, with their key strategic senior talent requirements and has been focusing more on more on the Kenyan market, as companies increasingly look to ensure that their senior recruitment processes leave ‘no stone unturned’ and are handled by a professional search firm.
Thuli highlights that headhunting, otherwise known as retained search/executive search, involves finding the most suitable and skilled professional to take up a specific senior role in a company – even if the individual is not actively looking for a new job. This is often the case with top performing and highly valued competent people. They are typically passive in the job market and it requires a skilled and professional approach to attract them to a new career move.
Using a professional search firm enables the process to be as robust and unbiased as possible. These search firms are adept at closing in on individuals who come highly respected and regarded in the market, who possess the capability to deliver on the requirements of the role and on the company mandate. It is a highly focused and very targeted approach. This very thorough process involves identifying target industries and companies, before handpicking the best candidates to approach. Candidates are vetted thoroughly and high level references obtained.
‘Respected Headhunters are specialists who recruit for specific industries and have significant networks and connections’, says Thuli Nkosi. At BossJansen, they are armed with a plethora of tools at their disposal and years of experience in the art of senior level career negotiation, which means that they can make incredibly accurate and specific assessments to help companies find the right people.
Visit https://www.bossjansen.com/ now for more information.