Russell Reynolds Associates Realigns Technology Practice to Help Client Organizations Transform Their Business by Staying Ahead of Disruptive Market Forces
Russell Reynolds Associates announced that it has realigned its Technology Practice to help organizations across all industries recruit forward-thinking executives to enable end-to-end business transformation.
Today's pace of technology-enabled disruption is unprecedented. Russell Reynolds Associates has created an integrated strategy focused on end-to-end technology enablement to help its clients capitalize on this trend. This brings together expertise in digital transformation, data and analytics, artificial intelligence, IoT, XaaS, cybersecurity, blockchain, U/X, and other emerging technology areas under one practice. Firm leaders for industry verticals now partner with their Technology Practice colleagues to advise boards and C-suite executives on creating senior leadership teams that can tackle the challenges and create opportunities presented by emerging technologies.
This move builds on the firm's history of helping clients navigate complex and disruptive market forces. In 2012, Russell Reynolds Associates was the first global executive search firm to launch a Digital Transformation Practice, which advises companies on how to enhance or add digital capabilities to their team.
"Previous conversations about digital transformation were focused mostly on adding new digital capabilities to augment existing business models. Today, legacy business models are colliding with technology-enabled disruption, creating the need to add technologically minded change agents to boards and senior executive teams," said David Finke, Co-Leader of the Technology Practice and one of the founders of the firm's Digital Transformation Practice.
"Whether in healthcare, financial services, consumer or industrial, leaders need to think and act more like technology companies," said Nada Usina, Co-Leader of the Technology Practice at Russell Reynolds who also co-founded the firm's Digital Transformation Practice. "Our firm is uniquely positioned to deliver advisory services that help boards and C-suites adapt their strategies in light of AI, blockchain and other technologies which may be redefining their business."