In a recent episode of the Tech Podcast, Shai Phillips, the president of a prominent quantum technology executive search firm, shared his invaluable insights on the evolving landscape of the quantum computing industry.
Mr. Phillips, who leads PSIRCH, the pioneering firm in senior management recruitment within the quantum sector, shed light on the widespread skepticism and cynicism that continue to challenge the quantum computing market. PSIRCH, unique as the only dedicated division of a respected executive search firm exclusively focusing on quantum technology, was established in 2019 under the umbrella of Berkhemer Clayton Executive Search, a well-established firm with 30 years of experience. Mr. Phillips proudly stated, “We are the only operation of our kind anywhere in the world.”
Originally from London and an alumnus of Cambridge University, Mr. Phillips attributes his fascination with quantum mechanics to the influential lectures of renowned physicist Stephen Hawking. Despite his non-technical academic background, his unwavering passion for quantum technology led him to spearhead PSIRCH’s quantum division, particularly following significant advancements in commercialization, such as Google’s Quantum Supremacy announcement. “I was extremely interested in quantum technology coming up. In 2019, when commercialization began to take off, I realized we needed to carve out a niche in executive search for this burgeoning field,” Mr. Phillips shared.
Addressing the current challenges in the quantum computing market, Mr. Phillips highlighted the prevalent skepticism and cynicism, even among industry insiders. To counter this, he regularly contributes a monthly column titled ‘The Unexaggerated Magic of Quantum’ in The Quantum Insider, aiming to dispel the misconceptions surrounding quantum technology and shift the narrative from skepticism to optimism.
The global landscape of quantum technology is thriving, with significant activity in countries such as the US, Germany, France, the UK, the Netherlands, and Scandinavia. Mr. Phillips emphasized that “Quantum is inherently global. You can’t do quantum on a domestic basis.” Furthermore, he noted that the strategic importance of quantum technology is underscored by the substantial government funding, particularly from the US Department of Energy and Department of Defense.
While admitting that the market is still in its early stages, Mr. Phillips asserted that most companies are building their quantum teams from the ground up, primarily starting with junior engineers. Technical positions typically require a PhD, with additional considerations around security clearances due to national security implications. However, for executive roles, there is more flexibility, allowing talent from adjacent industries to contribute their expertise.
PSIRCH adopts a comprehensive approach to recruitment, utilizing various methods such as social media, direct outreach, networking, and leveraging their extensive industry network. Mr. Phillips also stressed the firm’s commitment to promoting women in leadership, actively supporting the Women in Quantum movement.
As he looked towards the future, Mr. Phillips expressed his optimism for the quantum technology sector, asserting that the demand for specialized senior management talent will become increasingly critical. With pioneering firms like PSIRCH leading the charge, the future appears promising for the quantum technology landscape.
In conclusion, Shai Phillips’ invaluable expertise and strategic insights position him as a trailblazer in the quantum technology executive search realm, paving the way for a bright and progressive future in this burgeoning industry.