Once the shining star of operational reliability, the utilities industry’s new imperative is cost effectiveness in an increasingly competitive and price-conscious marketplace.
Mergers between power utilities and natural gas entities are likely to continue, with many companies seeking to offer a greater variety of combined services. While consolidation among electric utility companies has recently slowed down, the challenges associated with deregulation must continue to be addressed.
As a result of today’s more competitive and dramatically restructured industry, many utility companies are looking far and wide for senior-level executives who can facilitate change and add significant value. Companies desperately need leaders who speak the language of the competition — a customer-focused and capital-markets driven vocabulary.
In this competitive environment, strong marketing, customer service, finance, technology and operations, engineering and human resources management functions are critical for survival. Our firsthand understanding of the utility business environment gives our clients a distinct competitive advantage in finding this new breed of leader.
Over the past few years we have conducted several hundred senior-level executive and board director searches, in partnership with our global clients, who range from major multinationals to mid-sized companies.
Our consultants, many of whom are former executives within the industry, offer in-depth knowledge across a broad array of functions in the following sectors:
- Electricity & Natural Gas
- Renewable Energy (Solar, Fuel Cell, etc.)
- Water
To discuss your leadership needs, please contact us.