There have been a lot of changes related to how we work in recent years. Economic uncertainty, the speed of change, the integration of artificial intelligence, and Gen Z entering the workforce have all had an impact on leadership. 

professionals shaking hands symbolizing executive search hiring

When it comes to executive search in Toronto, there have been some shifts in what employers want/need from leadership candidates. Change happens at the top level of organizations.

There has been a redefining of what effective leadership looks like, and the bar is both higher and more specific. Our recruiters summarize some of the top priorities for leadership hiring in 2026:

Leadership experience must be relevant, recent, and transferable

Longevity alone no longer signals readiness to lead. Employers want leaders who have solved problems similar to the ones the organization faces now. Experience gained ten years ago in a different market environment may not translate to today’s realities. 

Search committees are prioritizing candidates who can demonstrate fresh, applicable wins and show how their expertise moves across industries, growth stages, or business models.

Hiring for judgment over credentials

Prestigious employers and academic achievements are no longer enough to get you the job. What differentiates top candidates is decision quality. Sound judgment in ambiguous environments is emerging as a primary predictor of success.

Companies are asking more targeted  situational interview questions:

  • How did this leader think? 
  • How did they balance risk? 
  • What happened when information was incomplete? 

Emotional intelligence is non-negotiable

Hybrid teams, rapid change, and workforce expectations around transparency mean there’s a need for executives who can build trust, communicate clearly, navigate conflict, and inspire performance. The ability to read a room, manage stakeholders, and lead through uncertainty has become as critical as technical or financial acumen.

Leaders must deliver

Vision still matters, but delivery matters more. Companies are wary of strategists who cannot operationalize plans or drive accountability. Hiring managers increasingly ask for evidence of successful implementation: 

  • Did the transformation actually happen? 
  • Were targets met? 
  • What obstacles arose, and how were they handled?

The leadership selection process is more extensive

Expect longer, more data-informed searches with deeper referencing, stakeholder interviews, and structured assessments. Organizations are less willing to compromise because the cost of a mis-hire at the executive level is simply too high. Patience and precision are replacing speed as the dominant priority.

Combining human leadership with technology and AI precision

Digital fluency is now expected across the leadership team, not just within IT. Executives must understand how technology investments drive competitive advantage, revenue growth, and operational resilience. 

Modern executives must be comfortable using data and AI to inform decisions without losing the human side of leadership. Companies want individuals who can leverage technology to improve forecasting, productivity, and customer outcomes while still leading with empathy and ethics.

The strongest candidates can connect innovation directly to measurable business outcomes.

A final word about changing expectations in leadership recruitment

In 2026, a successful executive search is about precision. It requires clarity on the outcomes a business needs, the judgment capabilities required to achieve them, and the human qualities that inspire teams to follow. Companies that approach leadership hiring with this mindset will be the ones best positioned to compete and win.

More advice from our executive search team

Your Managers are a Flight Risk This Year, Here’s How to Retain Them.

10 Leadership Qualities to Look for in Your Next Executive Search

What’s the Difference Between Executive Search and Recruitment?

Brandon Young

Brandon leads IQ PARTNERS’ Finance and Accounting team, specializing in sourcing top of market talent across the finance function for SMB and Enterprise accounting functions. Brandon is a seasoned talent acquisition professional with over a decade of experience in executive search for some of the fastest growing companies in North America focused on Accounting & Finance, go-to-market, Fintech and Enterprise SaaS. His consultative approach enables him to provide tailored, holistic human capital solutions to meet a client’s individual needs. Brandon is committed to building strong, long-lasting partnerships that drive organizational success through strategic talent sourcing.

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