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New Powerhouses for Asian Economic Growth

What are the global CEOs thinking about these days? A recent survey conducted by IBM highlights they crave bigger top lines, desire talented employees and worry over responsiveness to their markets. They are focused on developing a strategy in China for their next-level of growth while they look to India for quality and cost improvement measures.

With a large market size - India and China account for 40 percent of the world’s population- these two Asian giants represent a magnet for multinational corporations. China and India remain priority destinations for Foreign Direct Investment (FDI) and Stanton Chase International continues to experience the effects of economic growth in the Asia- Pacific region.

“We are best equipped to service global clients who are in pursuit of setting up their presence in China involving large sums of direct investments, for their critical local leadership needs.” Says Louisa Wong Rousseau, Partner and Head of Stanton Chase China. “This is easily made possible because of our strong network of offices in mainland China and neighboring countries. Our online and real-time research team enables us to effectively yield the best candidates from select talent markets. We are growing at more than 40% per annum fueled by a rising demand for executive search assignments from subsidiaries of global corporations.”

Increasingly, Fortune 500 companies and more multinational corporations such as Tyco, Scholastic, ICICI Bank and Satyam are choosing to do business with India. While global corporations are exercising their strategic think-tank to capture Chinese markets, the organizational competency build-up has a predominant India-inclusive strategy.

“The role of Indian talent in the success of global corporations has evolved considerably from commodity software coding to a full suite of advanced technology and business applications. A growing number of back offices are humming in the areas of software development, business process outsourcing for the financial and insurance sectors, outsourcing of advanced research in the areas of law, equity, medicine and high-end analytics and several advanced applications” says R Suresh, Managing Director, Stanton Chase India.

“We have established a leadership position since we have worked with so many offshore modeled companies. The offshore element is well understood by our Consultants and we simply pass on our understanding to the other outsourcing opportunities. Stanton Chase International continues to build a high track-record of leadership appointments with offshore centres of global corporations.

Ted Muendel, Chairman of Stanton Chase International adds, “if you are a global corporation exploring China as a growth centre and India for organizational competencies, Stanton Chase International is well positioned geographically and has the market expertise to serve clients in the Asia-Pacific region.”

Recently, Search-Consult, rated Stanton Chase International as the strongest firm amongst all the other search firms in the Asia- Pacific Region. Stanton Chase International is proud to provide executive search services with nearly 75 of the Fortune 500 companies for various organizational appointments.