Ginkgo Search Partners aspires to be one of the most reputable international boutique executive search firm specialized in attracting outstanding professionals to fill mid to senior level management positions in China and across Asia. We know where to find and how to attract exceptional leaders with profound knowledge of your specific industry and match to the culture of your organization.
We serve both national and international companies in a diversity of industries and work in each market segment with only a limited number of clients. This approach ensures the least possible restriction on potential sources and provides us access to a large talent pool. Building on long-term relationships with our clients allows us to better understand your business and talent strategy needs and enables us to stay practically focused.
Do you seek to attract top talent in China? We will be glad to assist you!
January 2017 - Chinese companies are now going head-to-head with multinationals when it comes to recruitment of executive talent, salaries and career opportunities. "As local companies grow in size and prominence, they are increasingly able to compete against global competitors to win the next generation of Chinese executives," said a joint report by Bain & Company and LinkedIn China. Nearly 6 out of 10 regional roles within multinationals engaged in business operations in China are now held by Chinese managers, while 9 out of 10 regional roles in local firms are held by Chinese executives, the report found.
Soon, homegrown executive talent will take over management and leadership positions previously held by foreigners. The narrowing gap in recruitment of Chinese executives is the latest challenge for foreign companies. Up until recently, multinationals were considered the best place to build a career in China due to leadership development opportunities, access to global best practices, attractive compensation packages and culture, explained James Root, partner at Bain. But as the world's no. 2 economy transitions from an industrial-focused economy to a consumer-oriented one, more service expertise is in demand, presenting new hiring opportunities.
"Recently, locally owned companies have upped their game in terms of the experience, salary, and employee training and development they provide, in an effort to woo talent away from their multinational competitors. Their fast-growing operations present opportunities for local talent to rapidly take on leadership roles," Root explained. As a result, multinationals must rethink their talent strategies to ensure they can attract top Chinese executive talent. As one of the C-suite executives featured in the report, Lenovo vice president Charles Wang said local companies are becoming more attractive because they provide the opportunity to drive greater changes. Whereas in multinationals, the China units are often limited to a following a specific direction that was developed at headquarters, he explained.
April 2016 - On April 25 the 14th Beijing Motor Show opened its doors to the public. The event is held every two years on an annually-alternating basis with the Shanghai Motor Show and is one of the largest international automotive shows in the world. This year's Beijing Motor Show puts a spotlight on sports utility vehicles (SUVs). There is an increase in demand for large cars in China, with automakers now talking about increasing space and the number of people that can fit into an SUV. Leading international carmakers, including Mercedes, Volkswagen, Honda, Ford and GM followed this trend and displayed new SUV models, many of which were concept cars, not yet being mass-produced for the public. In comparison to 2015 SUV sales in China increased by 52 percent, one of the few auto segments that continues to grow. So far, international car producers still lead the way, despite the cheaper prices offered by Chinese local brands. But there are interesting concept cars presented by Chinese companies as well. Take for example LeEco, the parent company of Faraday Future, and often referred to as China’s Netflix. LeEco presented its vision of a high-end EV which is a direct rival to Tesla’s Model S. This concept car gives us an idea of evolving Chinese cars that could be available on the market a few years down the road.
November 2015 - AUSTRIA CONNECT Greater China is the most important event of the Austrian business community in China. This year it was held from the 19th to 21st November in Chengdu, under the motto “Going West and Beyond”. Chengdu is the capital of Sichuan and one of China’s most rapidly growing provinces. The region has recently experienced a rapid increase of foreign investment. Sichuan’s success demonstrates how important it is to pay attention to the potential of markets outside China’s well-developed coastal regions.
The exchange with executives of Austrian businesses in China is at the core of the AUSTRIA CONNECT event. Panel discussions and expert presentations focused on the topic of expanding in China and beyond and explored related business opportunities and challenges.