Market analysis by the highly-respected publication Budapest Business Journal names Friisberg & Partners International as the Number One Executive Search firm in Hungary.
Árpád Németh, Friisberg's Managing Partner in Budapest said:
"We would like to say thank you to our clients for entrusting us with their valued assignments, to our consultants for their professionalism and commitment, to our Partners in Friisberg for sharing cross-border assignments with us and to the wider Friisberg community for their support. This is truly a team effort and we are delighted that our dedication to providing the very best service has been recognised. We look forward to building yet further on our successes with more hard work and great results for our clients."
This top ranking for Friisberg Hungary comes in the same year as Friisberg & Partners International was named "Top Consultant 2020" and "Headhunter of the Year 2019 (Candidate Experience)" in Germany.
Peter Strandberg, President of Friisberg & Partners International commented:
"2020 has been a very difficult year, but it is very heartening that in the last 12 months our firm has been confirmed and recognised as one of the leading Executive Search firms internationally. We look forward to continuing to succeed for our clients, success which has always been founded on our collaboration, collective spirit and our 'OneFirm' approach."
Well, we had an interesting summer from a business perspective in Hungary.
Many of our assignments were stopped, or put on hold and obviously not much new business landed on our desks. We had lost half of our expected business by May - comparing it to the volume we had in H1 2019.
Over the past 6 months we had many Teams meetings with our Friisberg colleagues, globally. I spoke many times with my friend and colleague, Alexander Matthies (Friisberg Germany) about the trends impacting us in Hungary, the similar trends affecting his business in Germany and yet how he continued to be so successful – seemingly Covid proof.
He shared Friisberg Germany’s strategy designed to keep their 2020 revenue plans alive - or even exceed them. In all honesty his advice sounded a little at odds with my own instincts:
I was astonished!
Could it be that simple?
Then I thought about how much it would cost if we simply waited passively for the pandemic to be over. The answer was indeed simple: if we waited, it would cost us a lot.
So, we actively adopted Alexander’s advice and it resulted in several new mandates. Then he called us with two cross-border Searches which we quickly and successfully delivered. Now, we are currently meeting prospective consultants in Budapest to further enhance our team.
Our existing clients have increasingly turned to us during this crisis. We are objectively able to highlight the weaknesses within their organisations by suggesting they talk openly with us as a trusted partner. By sharing ideas and openly discussing future decisions with trusted friends and colleagues, we can all adopt new and successful strategies.
We decided to shape our future instead of simply reacting to it.
