The consistently changing and growing Chinese markets present a huge opportunity for executive search and leadership development service providers in the following ways.
Local Companies Pursuing Global Ambitions
Over the past several years, the top headhunting firms in China have seen a considerable shift in their client base. The number of multinational companies hiring their services has seen a steady decline even as the number of local companies they work with is constantly rising. This is because local businesses pursuing global ambitions are growing at a faster pace as compared to multinational businesses.
Greater Focus On Sector Expertise
As mentioned before, there is a growth in the demand for specific talent within local business across China. This has led the clients of the various executive search and leadership firms to focus more on getting candidates with an in-depth expertise in a given sector.
Growing Demand For Leadership Consulting Services