38 Percent of Senior Executives Expect to Transition Industries in the Next 3 Years

By: BlueSteps
New Survey Shows that 62% of executives expect to remain in their current industry for the next four years or more, while 38% expect to be in a new industry within three years

The BlueSteps 2013 Executive Mobility Report shows that 76% of senior executives worldwide are willing to change jobs immediately for the right new opportunity, with 49% actively seeking a new position. Executives working in the technology sector report the greatest likelihood of making a job change, with 55.1% of tech executives reporting that it is very likely they would consider a new opportunity immediately. Sales and marketing executives reported the least likelihood of making a job move right now, with just 43.8% reporting it very likely they would consider making a move.

While transitioning from one industry to another at the executive level is notably challenging, that is not stopping more than one-third of executives worldwide who report they expect to be in a different industry than they are in currently over the next three years.

Peter Felix, President of the Association of Executive Search Consultants and BlueSteps.com, commented, “Rapid changes in technology and big data is impacting every sector. The Baby Boom Generation will be exiting executive positions over the coming years, opening up more opportunities for Generation X and Millennials. While transitioning from one sector to another will remain challenging overall, shifting demographics and the focus on digital transformation will open up new opportunities for executives to make more moves across industries.”