Heidrick & Struggles and Jobkoo Form Strategic Partnership to Reinvent Career Management Platform

Heidrick & Struggles International, Inc. (Nasdaq:HSII), the world's premier executive search and leadership consulting firm, today announced it has made an investment in Jobkoo, a platform for candidates to better manage their careers and for organizations to better manage their leadership needs.

Jobkoo's products and services focus on creating an interface between job seekers and employers. Its online executive talent management solutions complement Heidrick & Struggles' business in areas such as professional networking, community building, personal assessment and 24/7 career management.

A high end global executive search firm, Heidrick & Struggles is known for its product innovation. Gerry Davis, Regional Managing Partner for Asia Pacific, said, "The Jobkoo investment is about our first mover advantage in recognizing the need to build relationships with the up-and-coming executives in China who are also the next generation leaders in a country with growing global influence. We see the opportunity to integrate Jobkoo with existing services like leadership consulting allowing us to provide a broader range of leadership solutions to our major clients."

David Guo, founder and CEO of Jobkoo, said, "Jobkoo's business model totally redefines the career management experience for executives when compared to current online offerings and our association with the Heidrick & Struggles brand will give us added recognition in the market." "The partnership with Jobkoo is exciting," said Davis. "It will enable us to understand the changing business environment and align our innovative offerings with these dynamics. It also complements our high-touch, relationship driven executive search business as we continue to foster dialogue with Asia's next generation leaders. We think that our use of Jobkoo's platform has enormous potential both in China and in other high growth markets where we work with Asian conglomerates to scale the next phase of growth."

Source: Wall Street Journal