Richard Fortune, AltoPartners Australia Managing Partner and member of the AltoPartners Global Operating Committee, contributed to the AESC “Australia Market Report 2025” and shared his insights into the impact of economic shifts, AI integration and evolving talent strategies on executive search and client needs.

The Australia Market Report 2025 offers a comprehensive analysis of the executive search industry, providing critical insights into the forces shaping leadership talent in one of the Asia Pacific region’s most resilient and evolving economies. This report uncovers emerging trends, competitive dynamics, and strategic opportunities that will influence executive search and leadership consulting in the region.

Key Highlights

State of the Market

The Australian executive search industry is evolving, with 11.6% CAGR growth since 2018 despite economic headwinds

Economic & Business Impact

Inflation, interest rate hikes, and geopolitical instability are reshaping demand for leadership talent.

Technology & AI Integration

The rise of AI-driven talent identification, leadership assessment, and process automation is transforming search firms.

Talent Challenges

Executive talent shortages, internal recruitment shifts, and fee pressures are changing how firms add value.

Industry Outlook

Key sectors, including healthcare, energy, and education, are driving growth, while interim executive demand is surging.

Diversity & Inclusion

A shift beyond gender representation to a broader focus on cultural, industry, and generational diversity is redefining leadership search.

Download the full report here