February 13, 2020 – ingeniam Executive Search & Human Capital Consulting, an IIC Partners member firm, has opened a new office in Berlin. The new location will work closely alongside existing IIC Partners offices in Frankfurt, Hamburg and Dusseldorf.
“We are experiencing increased demand across all sectors, especially in professional services, and our new office in Berlin will help us strengthen client relationships and improve our reach across Germany and beyond,” said Norbert Theimer, managing director of ingeniam.
“Our new operations in Berlin are a direct response to the rising human capital demands from the not-for-profit and public sector, as well as from fast-growth startups and agencies,” Tim Zimmermann, office managing partner for ingeniam Berlin, and practice group leader for IIC Partners’ global industrial practice. “We are also well positioned for industrial organizations coming home to one of their former hubs in Germany, like Siemens or Tesla with their renewed investment in Berlin.”
“The biotech cluster in the Berlin-Brandenburg region is an important driver of innovation in the healthcare industry,” said Stephan Breitfeld, partner at ingeniam and practice group leader for the global life sciences practice. “We are excited to be positioned at the heart of this fast-evolving community of world-leading organizations.”
“Berlin is an established hub for tech startups, industrial multinationals and healthcare innovators,” said Todd Hohauser, global chair of IIC Partners. “Our global practice groups are going to benefit greatly from enhanced talent networks, knowledge sharing and cross-border collaboration. We look forward to working closely with the new team in Berlin.”
The German Market
Germany is the largest national economy in Europe, and the fourth largest by nominal GDP in the world. The country’s service sector makes up 70 percent of its GDP and nearly 40 percent of Fortune Global 500 companies are headquartered here. But Germany is facing severe economic prospects, as the country comes to grips with a growing immigration and migrant crisis which is expected to challenge every corner of its society, from education and healthcare infrastructure to jobs.
Nevertheless, Germany continues to attract recruiters. And other London-based search firms like Spencer Ogden are turning to Germany, as well as to France and the U.S. as potential markets to sit out the uncertainty and after-effects of Brexit in the U.K. until a clearer way forward surfaces.
Well known companies in the country include Mercedes-Benz, BMW, SAP, Siemens, Volkswagen, Adidas, Audi, Allianz, Porsche, Bayer, BASF, Bosch and Nivea. As such, it is an important base of operations for all of the major global search firms, including for Egon Zehnder, Spencer Stuart, Boyden, Russell Reynolds Associates, Heidrick & Struggles, DHR International and Korn Ferry.
Recruiter Rankings: Global 30
This year Hunt Scanlon Media reviewed an exhaustive list of global recruiting providers and culled it down to the top 30 global talent providers that now dominate the recruiting business worldwide.
“Germany has long been a strong market for IIC Partners with offices now covering the breadth of the nation,” said Christine Hayward, executive director of IIC Partners. “We are extremely thrilled to see ingeniam’s expansion into this vital region and deeply value their contribution to our global operations.”
ingeniam, headquartered in Frankfurt, has operated for almost two decades as a provider of executive search and human capital consultancy for a wide range of clients, from family businesses to dynamic, high-growth companies. ingeniam operates with a similar model to global management consultancy firms, beginning each project with an in-depth analysis of the culture, business strategy and organizational structure.
IIC Partners specializes in executive search and leadership consulting services. The group has 39 independently owned and managed member firms with more than 450 consultants in 42 cities across 29 countries.
Its areas of sector specialization include: industrial, financial services, consumer and retail, energy, life sciences, technology, board, higher education, infrastructure and human resources.
Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; and Stephen Sawicki, Managing Editor – Hunt Scanlon Media