lloyd morgan back on track

From recruitment newsletter 'Shortlist', 25th June 2008.
Lloyd Morgan back on track - GM
Lloyd Morgan , Clarius's executive search brand, has recovered from the staff upheavals and falling profit which hit the business last year, says executive general manager Greg Smith.

Smith, who came to Lloyd Morgan last year from a senior role at Hudson, told Shortlist the company's Australian business (it also has six offices in Asia) had a difficult year, but it was now "a little bit ahead" on its plan for re-establishing profit growth.

The working environment at the Lloyd Morgan Melbourne office, which bore the brunt of widespread resignations last year, was now vastly improved, he said. Brisbane and Sydney were also tracking well.

Although the company was seeing a slight drop in hiring in the financial services sector, there was still "a healthy level of activity", Smith said.

He said the company's "calibrated" business model also meant it was able to proactively move staff between different practice areas, supported by an extensive training program.

"Even in a downturn there's still plenty of recruitment activity and it's about how you find that activity, rather than worrying about what's not there."