Penrhyn International Adds New Member Firm in China
May 5, 2021 – Even in the face of a global pandemic, executive search consultants are seeing an increase in hiring mandates from around the world. To meet demand, they continue to develop new practices, hire new recruiters and open new locations. Global recruiting consortiums, meanwhile, are taking advantage of a resurgence in certain geographic areas.
Global executive search consortium Penrhyn International recently expanded in China with the addition of new member firm Zavala Civitas. ”We are delighted to welcome Zavala Civitas as our newest member,” said Yanouk Poirier, chair of Penrhyn International. “The young and dynamic team’s vision and strategic business approach will contribute significantly to our expansion plans and continued growth. This is an exciting time for our network.” Based in Shanghai, Zavala Civitas’ team of multicultural and multilingual professionals provides a range of executive search and organizational consulting services to clients across the Asia-Pacific region. The firm has completed over 1,000 executive searches across various sectors. Established in 2002, Zavala Civitas’ team of multicultural professionals come from diverse backgrounds and work in various languages including English, Chinese, Mandarin, Spanish, Portuguese, German and French.
2021 Diversity, Equity & Inclusion Recruiting Report:
Building a Balanced and Diverse Workforce
Hunt Scanlon Media’s latest market intelligence recruiting report – this time focused on Diversity, Equity & Inclusion – will be available later this fall! The nation’s top executive recruiters are resetting expectations and looking for new ways forward to build balanced and diverse workforce teams for their clients.
According to executive recruiters, DE&I should not just be a priority, but an integrated part of every company’s leadership goals. Some companies have even tied DE&I metrics to executive compensation. But it’s more than that.
Part of building strong, diverse hiring teams means asking yourself: “Who is my company culture going to attract – and how will it engage people who are here?” This question can be very difficult to answer if you assume everyone feels welcome already just because you do. Fostering diversity, equity and inclusion within organizations is more than just the right ethical decision. “It is one of the best business decisions a company can make,” said Keri Gavin, a partner with Hanold Associates and leader of the search firm’s Global Diversity, Equity & Inclusion practice. Hanold Associates is a proud sponsor of this year’s report. This report will help organizations prioritize DE&I as a business imperative that drives greater competitiveness, innovation and business results. Get it now!
“Penrhyn’s members are committed to providing clients with access to global market intelligence across all the major industry sectors,” said Hannah Zeng, head of research at Zavala Civitas. “We look forward to sharing our market insights, research and resources with our new partners, and helping the network achieve its goals as it continues to go from strength to strength.”
Chinese Market
China has the world’s second-largest economy in terms of nominal GDP. It is also a global hub for manufacturing, being both the largest manufacturing economy and largest exporter of goods in the world. China is the fastest growing consumer market and second largest importer of goods anywhere. According to the International Monetary Fund, China’s GDP will be 35.2 percent of the global growth (2017 to 2020) in real GDP. The Chinese economic structure and Chinese people lifestyle needs are undergoing dramatic reform and upgrading.
Founded in 1979, Penrhyn International is a leading global network of retained executive search firms, with offices in more than 40 cities around the world.
Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; and Stephen Sawicki, Managing Editor – Hunt Scanlon Media