Taplow Group Expands to Singapore
October 18, 2017 – Executive search consultants are seeing an increase in hiring mandates from around the world. To meet the 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.
Taplow Group recently made inroads into Singapore with the addition of One Search Consulting as a partner in the region.
One Search Consulting’s clients include multi-national corporations and growing small and medium-sized enterprises and its placements span across Asia, especially Singapore, China, Korea, Taiwan, Hong Kong, Malaysia, Indonesia, Thailand and India. Its team has extensive local knowledge in Asia and a strong understanding of the industry.
Russell Lin, managing partner of One Search, founded the firm in 2011. Prior to that, he was a principal consultant for Asia with HR Partners Ltd., where he helped clients to fulfill placements across Asia, across industrial, semiconductor, electronics and other sectors. He placed roles across all functions and levels, including VP, GM, directors, R&D and specialist positions. Prior to going into executive search, he served as an engineer with Micron Technology.
“Taplow’s unique single point-of-contact approach to managing complex engagements in developed as well as emerging markets is particularly well suited to avoid unnecessary market risk and to provide seamless access to top performing executive and professional talent across Asia as well as around the world,” said Mr. Lin.
Singapore Market
“We are well suited to helping Singaporean and other Asian businesses expand within Asia as well as helping them enter new markets, globally,” said Sangeeta Sabharwal, the Taplow Group’s managing partner for India and regional director for Asia, Africa and Middle East.
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Taplow Group CEO Mark Firth said that market entry requires a global mindset and local knowledge combined with a profound understanding of home country practices and customs.
The Singaporean economy is known as one of the freest, most innovative, competitive, dynamic and business-friendly anywhere. The Index of Economic Freedom ranks Singapore as the second freest economy in the world and the Ease of Doing Business Index has ranked it as the easiest place to do business for the past decade.
Singapore’s largest companies are in the telecommunications, banking, transportation and manufacturing sectors, many of which started as state-run enterprises and are now listed on the Singapore Exchange. These include Singapore Telecommunications, Singapore Technologies Engineering, Keppel Corporation, Oversea-Chinese Banking Corporation, Development Bank of Singapore and United Overseas Bank.
Indications are that Singapore will have consistent two percent growth this year, said Taplow executives Peter Tanner, CFO, and Steve Schrenzel, COO. “As technology and open access to markets shrinks the world, recent forecasts are for more modest growth for most of the global economy,” the firm said. “As almost all business leaders agree, attracting excellent talent is essential to take advantage of global opportunities.”
Recent Expansion
With the African region primed for growth, Taplow Group recently launched Taplow Africa. This new team was brought together by Taplow Group as it selected AMSCO’s executive search team as a partner. AMSCO is a sub-Saharan development and market entry advisory group that delivers a range of human capital solutions focused on private sector growth. Mr. Firth said Taplow considered approximately 50 consulting firms before identifying the team headed by Wikus van Vuuren.
“Taplow consultants have been noting an increased interest in Africa as both a growth market and as a potential region for expanding existing businesses and operations,” he said. “As the Asian economies are maturing, Africa represents some of the highest potential for its own growth and development.”
Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; Stephen Sawicki, Managing Editor; and Will Schatz, Managing Editor – Hunt Scanlon Media