Hiring for the Technology, Media and Telecommunications industry in China. An executive search firm overview.

The Technology, Media, and Communications (TMC) is an industry grouping that includes the majority of companies specializing on new technologies most of them focus on patents and other intellectual property which makes them highly dependent on research & development (R&D).

China’s telecommunications sector is one of the world’s biggest marketplaces for communications today where more than one billion people were using the internet, as of June 2021, making up more than one-fifth of all internet users worldwide. This industry brought in more than 119 billion yuan every month.

The “Made in China 2025” program has propelled the TMT sector’s growth during the past several years in China, where the industry has experienced favorable growth. The nation’s high-tech industries, which include telecommunications, electrical power equipment, robotics, high-end automation, and new energy vehicles, are currently being developed quicklier thanks to the implementation of this 10-year plan.

Executive Search for the TMT Industry in China

As an executive search firm, we have closely witnessed the negative effects Covid-19 has had on companies, especially in China, in despite of this, the pandemic did not have such a negative economic impact in the TMC sector as in other businesses. Although it had to overcome significant changes, especially in consumer behavior those who agilely adapted saw the pandemic as a great opportunity for growth and evolution. The harder part for the industry is now related to the HR department.

One of the biggest challenges for TMC companies all over the world, including China, is to find and retain qualified human capital. The competition in the executive search is high and the pool of digital talent is limited. The COVID-19 pandemic’s consequences on hiring are still being felt. According to McKinsey People Analytics, 88% percent of digital talent who worked at telecom companies left the sector when changing jobs. In China, this tendency is more complex because of the concentration of talent in the cities and the foreign talent exodus due to the lockdowns during the covid pandemic.

TMT Industry in China

Companies in the fields of Technology, Media and Telecommunications are the foundations of change and will continue to propel the recovery of the economy and our post-pandemic future. It is crucial to carefully choose the leaders who support those businesses, especially in an executive search process, managers vision is extremely important because this industry is so potent that changes inside it could have a significant impact on the future.

We at Zavala Civitas Executive Search and Organizational Consulting, have had the chance to collaborate closely with important figures in the technology sector and have been witness to their progress and growth, both within the context of their own businesses and in the pursuit of their purpose to assist others in reaching their next level.

Zavala Civitas executive search methodology for TMT in China

TMC development is key for the present and the future. Because of this, we enjoy caring for the leaders who must fill some of the most crucial and cutting-edge positions at many of our companies. To cultivate inventive, accountable, and committed talent that can have an impact and transform an organization in the short- to medium-term, we go to great lengths to consider what talent they may require and what the greatest fit-to-role may be.

Click here to get in contact with us.

Executive Search in Mexico: Leading Sectors Shaping Demand 

Over the last few years, Mexico swiftly garnered international investment, earning it the title of one of the fastest-growing countries in capturing global foreign direct investments.   This scenario creates new talent opportunities.  Most Executive Search firms in Mexico have modified their approach from simply filling highest roles in an organization to competing for the extremely limited pool of qualified executive talent for all roles in all sectors.  The demand isn’t even  It is very much concentrated.  Where Demand is Actually Growing  Mexico’s hiring executive pressure is unequal across all sectors. Some sectors are faster and are pulling talent from other sectors. Manufacturing is the clearest example.  With nearshoring, Mexico is becoming a strategically important center for the supply chain for North America. This is due to the fact that international companies are relocating and/or expanding their operations in Mexico. This is supported by McKinsey & Company.  The growth of a business is dependent on its leadership. Companies are in need of quickly scalable plant directors, operations managers, and supply chain executives. Such profiles are deficit.  Executive Search Energy and Infrastructure: Complexity at Scale  There is the highest demand for executive talent within the energy and infrastructure sectors.  Major projects and regulatory complexities, as well as lengthy investments, require leaders who are comfortable with uncertainty in all the essential domains, not just the technical. This includes stakeholder

Read More

Executive Search in Spain: Talent Gaps and Leadership Trends 

The Spanish talent market is perceived to be mature and easy to operate in. This makes some sense from afar. There is a solid network of business centers, a developing international business presence, and a considerable pool of experienced talent.  Problems arise when businesses attempt to recruit senior executives.  In Spain, executive search is shifting from talent arbitrage to understanding the true gaps and the reasons behind their expansion.  Where the Talent Gaps Are Actually Emerging  Spain may appear to have many senior professionals, but the issues here are more complex.  The problem is not the experience, but the type of experience that is most required by the different companies.  As per McKinsey & Company, the nature of change of senior leadership roles in Europe is at a much quicker pace than the nature of change in the senior leadership roles in the talent pool. Executives are required who are able to be strategic, also have the ability to execute, and be the change agent.  That blend is still too little. This is especially the case in Spain in the industries that are shifting the fastest—energy transition, infrastructure, and technology. There are many executives who have strong functional experience, but far fewer who have held positions to manage large, complex transformations, or to operate internationally in complex situations.  This results in the mismatch between the hopes of the companies and the actual situation in the labor market.  The Shift from Stability to Transformation Leadership  For many years, leadership in Spain emphasized operational stability and incremental change.  This is not enough anymore.  At present, companies expect executives to manage change and uncertainty, and lead in multiple dimensions simultaneously, including at the same time digital transformation, new business models, and the increased need for operational efficiency. 

Read More

Executive Search in the United States: Private Equity and Portfolio Leadership  

According to McKinsey’s Global Private Markets Review the United States remains the largest private equity market globally. It accounts for nearly half of global PE deal value.    Unlike traditional recruiting, Executive Search in the U.S. private equity-backed environments is much more complex.  In PE platforms, leadership is directly tied to value creation, EBITDA expansion,

Read More

Related posts

Leadership in the Middle East: Why Fit Matters More Than Origin 

As companies in the Middle East scale and institutionalize, the long-standing debate around local versus international leadership in the Middle East is largely outdated. The real issue today is alignment: whether the leadership profile fits the business challenge the organization is facing.  Too often, leadership appointments are driven by assumptions: that international executives

Read More

The Role of Compliance Officers in Strategic Decision-Making

Over the past decade, the role of compliance functions within organizations has progressed significantly. Traditionally, compliance was responsible primarily for ensuring the company’s compliance with regulation, particularly that Relations to bribery and corruption.  They developed codes of conduct, supplier due diligence process and the like and were responsible for ensuring compliance with these by employees of

Read More

Executive Search in Mexico: Leading Sectors Shaping Demand 

Over the last few years, Mexico swiftly garnered international investment, earning it the title of one of the fastest-growing countries in capturing global foreign direct investments.   This scenario creates new talent opportunities.  Most Executive Search firms in Mexico have modified their approach from simply filling highest roles in an organization to competing for the extremely limited pool of qualified executive talent for all roles in all sectors.  The demand isn’t even  It is very much concentrated.  Where Demand is Actually Growing  Mexico’s hiring executive pressure is unequal across all sectors. Some sectors are faster and are pulling talent from other sectors. Manufacturing is the clearest example.  With nearshoring, Mexico is becoming a strategically important center for the supply chain for North America. This is due to the fact that international companies are relocating and/or expanding their operations in Mexico. This is supported by McKinsey & Company.  The growth of a business is dependent on its leadership. Companies are in need of quickly scalable plant directors, operations managers, and supply chain executives. Such profiles are deficit.  Executive Search Energy and Infrastructure: Complexity at Scale  There is the highest demand for executive talent within the energy and infrastructure sectors.  Major projects and regulatory complexities, as well as lengthy investments, require leaders who are comfortable with uncertainty in all the essential domains, not just the technical. This includes stakeholder

Read More

Executive Search in Spain: Talent Gaps and Leadership Trends 

The Spanish talent market is perceived to be mature and easy to operate in. This makes some sense from afar. There is a solid network of business centers, a developing international business presence, and a considerable pool of experienced talent.  Problems arise when businesses attempt to recruit senior executives.  In Spain, executive search is shifting from talent arbitrage to understanding the true gaps and the reasons behind their expansion.  Where the Talent Gaps Are Actually Emerging  Spain may appear to have many senior professionals, but the issues here are more complex.  The problem is not the experience, but the type of experience that is most required by the different companies.  As per McKinsey & Company, the nature of change of senior leadership roles in Europe is at a much quicker pace than the nature of change in the senior leadership roles in the talent pool. Executives are required who are able to be strategic, also have the ability to execute, and be the change agent.  That blend is still too little. This is especially the case in Spain in the industries that are shifting the fastest—energy transition, infrastructure, and technology. There are many executives who have strong functional experience, but far fewer who have held positions to manage large, complex transformations, or to operate internationally in complex situations.  This results in the mismatch between the hopes of the companies and the actual situation in the labor market.  The Shift from Stability to Transformation Leadership  For many years, leadership in Spain emphasized operational stability and incremental change.  This is not enough anymore.  At present, companies expect executives to manage change and uncertainty, and lead in multiple dimensions simultaneously, including at the same time digital transformation, new business models, and the increased need for operational efficiency. 

Read More

Executive Search in China: The Complexity of Hiring Executives

China is one of those markets where opportunities are easy to find but the right leaders are not.  many international firms, executive recruitment in China becomes challenging for one simple reason: the market does not act as they expect. What works for Europe or the US, tends to break down here.  Recruiting

Read More

Executive Search in the United States: Private Equity and Portfolio Leadership  

According to McKinsey’s Global Private Markets Review the United States remains the largest private equity market globally. It accounts for nearly half of global PE deal value.    Unlike traditional recruiting, Executive Search in the U.S. private equity-backed environments is much more complex.  In PE platforms, leadership is directly tied to value creation, EBITDA expansion,

Read More