Korn Ferry : Everything you need to know

Contents    
  1. History of Korn Ferry     
  2. Products and Services of Korn Ferry     
  3. Culture at Korn Ferry     
  4. About Korn Ferry President Esther Colwill and Key People     
  5. The Future at Korn Ferry 

Office address: level 18/88 Phillip St, Sydney NSW 2000
Website: www.kornferry.com/au 
Year established: 1979 
Company type: business consulting and services 
Employees: 400+ 
Expertise: leadership and talent consulting, executive search, talent management, coaching, organizational strategy, talent acquisition, assessment and succession, rewards and benefits, leadership development 
Parent company: Korn Ferry International 
Key people: Esther Colwill (president APAC), Pip Eastman (MD), Stephanie Edwards (regional leader), Alexandra Goodfellow (vice chair), Graeme Bricknell (head of executive search), Carl Portelli (markets leader), Deanne Barbary (senior client partner) 
Financing status: N/A 

Korn Ferry is an organisational consulting company, headquartered in Sydney, specialising in optimal organisation design, talent acquisition, and workforce motivation. They support private, public, and government organisations in Australia and the Asia Pacific region. With over 400 employees, the firm helps Australian leaders unlock potential in their teams and organisations. 

History of Korn Ferry 

Korn Ferry was founded in Los Angeles, California by Lester Korn and Richard Ferry in 1969 and expanded to Australia in 1979. In 1998, they launched Futurestep, an internet-based recruitment service. The company merged with Hay Group in 2015, significantly enhancing their HR consultancy capabilities.  

In 2021, the company acquired Lucas Group, boosting their professional search and staffing services. They further expanded in 2022 by acquiring Patina Solutions Group and ICS, specialising in interim workforce solutions. In 2023, the firm acquired Salo, a firm connecting professionals in finance, accounting, and HR with organisations in need of expertise. 

Products and Services of Korn Ferry 

The company offers a range of services designed to address various organisational needs: 

  • organisation strategy: designs optimal structures, roles, and responsibilities for improved organisational performance 

  • assessment and succession: develops programs to assess talent and ensure smooth succession planning 

  • talent acquisition: provides comprehensive recruitment solutions to attract and hire top talent 

  • leadership and professional development: focuses on developing leadership skills and professional growth 

  • total rewards: creates effective rewards and benefits packages to motivate employees 

  • business transformation: guides companies through strategic changes to enhance business performance 

  • intelligence cloud: utilises advanced HR technology platforms for data-driven decision-making 

  • board and CEO services: offers specialised services for board and CEO roles to ensure strong leadership 

Korn Ferry’s organisational consulting services address crucial challenges in attracting, advancing, motivating, and retaining talent. They help businesses bridge the gap between current capabilities and sustainable growth. 

Culture at Korn Ferry 

The company is committed to fostering an autonomous, flexible, and diverse work environment where talent thrives and excellence is acknowledged. Employees are empowered to share and implement their ideas, supported by exceptional training and development opportunities tailored to their career stage. They offer a range of benefits: 

  • equal employment opportunity and affirmative action employer for minority, female, disability, and veteran 

  • collaborative environment that promotes innovation, teamwork, and community 

  • flexible work arrangements between CBD offices and home 

  • access to the latest technologies, tools, and Korn Ferry IP 

  • ongoing learning and development opportunities 

  • unparallelled career opportunities within the broader Korn Ferry network 

Their ESG and Corporate Responsibility Program aims to help people and organisations reach their potential, focusing on client impact, environmental sustainability, community engagement, and ethical business practices. They integrate diversity, equity, and inclusion into these initiatives, enhancing their overall impact: 

  • business practices: 56% of board directors are diverse, 50% hold leadership roles, and 89% are independent 

  • people and community: 62% of the global workforce are women 

  • environmental sustainability: aims to cut Scope 1 and 2 emissions by 30% from the 2019 baseline by 2025, with a 14% reduction from 2021 to 2022 

  • client impact and thought leadership: drives positive outcomes through people-focused ESG strategies, including sustainability and DE&I 

Korn Ferry prioritises inclusion as a core value, bringing together diverse backgrounds, cultures, and perspectives. This diversity strengthens their innovation and agility, enhancing connections with people, clients, and communities. Their approach to equity, diversity, and inclusion focuses on: 

  • talent: hiring, developing, and advancing diverse talent 

  • culture: promoting a sustainable, inclusive culture 

  • impact: increasing societal impact on DE&I issues with clients and communities 

They actively volunteer with the Australian Business and Community Network, supporting students from low socioeconomic backgrounds. They also organised a blood drive for the Australian Red Cross Lifeblood, providing crucial support to the community. These initiatives reflect the company's commitment to positive community engagement and support. 

About Korn Ferry President Esther Colwill and Key People 

Esther Colwill serves as president of Korn Ferry's APAC region and global technology industries. Previously, she was MD at Accenture, VP at Genpact, and a principal at Deloitte. She graduated from the University of Oxford with an MA in politics, philosophy, and economics. 

The key people who support the president in operating the company include: 

  • Pip Eastman, managing director, APAC Solutions, Korn Ferry RPO, oversees recruitment process outsourcing solutions across the Asia Pacific region 

  • Stephanie Edwards, a regional leader, Korn Ferry Digital, APAC, drives digital transformation initiatives within the region 

  • Alexandra Goodfellow, serving as vice chair, Australasia, provides strategic guidance and leadership in the Australasian market 

  • Graeme Bricknell, as head of executive search Australia and New Zealand and head of global financial markets Australasia, leads executive search efforts and financial market initiatives 

  • Carl Portelli, as a markets leader Australia and New Zealand, focuses on market development and client relationships 

  • Deanne Barbary, serving as a senior client partner, APAC RPO, manages client partnerships and recruitment process outsourcing in the Asia Pacific region 

The Future at Korn Ferry 

The company's recent FY'24 results highlight their resilience and adaptability in a competitive market. Their diversified offerings, particularly in consulting and digital solutions, are driving solid results. Looking ahead, Korn Ferry is set to continue innovating and providing relevant solutions to help clients navigate a rapidly changing business landscape. 

The firm recently launched a book called ‘Love, Hope & Leadership: A Special Edition,’ highlighting reflections on leadership in a dynamic world. The book offers valuable insights for professionals, based on the company's extensive experience. With these initiatives, they seek to shape effective leaders and advance organisational success. 

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