ALCORSearchPath to Open 250 New Units in India and Southeast Asia by 2017 to Tap Into the $300 Billion Market
CHICAGO, SINGAPORE and HONG KONG, November 11, 2016 /PRNewswire/ --
New Offering Targeting Experienced Recruitment Professionals, Entrepreneurs and Business Owners
ALCORSearchPath announced a series of seminars to introduce the offering to the India and Southeast Asia markets. They have an aggressive goal to identify and launch up to 250 new units throughout the region by 2017 to tap into the $300 billion HR market opportunity through a globally trained HR Franchise network. This is also an outstanding opportunity for all recruiters who want to operate their own business, create great personal wealth through some of the world's disruptive HR Technology platforms for clients across the world.
"We are looking for those prospects that thrive on being the first to reach out to clients and offer winning solutions that will not only help the companies by also the employees. These founding partners are going to be the core team for our future growth and expansion. We have launched an aggressive campaign targeting entrepreneurs, experienced recruiters, and business owners," commented George Molakal, CEO of Alcor Fund and Director of ALCORSearchPath.
For many years, the backbone of the recruiting and search industry has flourished throughout India and South Asia on several fronts including support to American market through RPO models. Many international recruiting organizations heavily leveraged the professional talent in India to support their recruiting projects, but always forcing them to remain in the background.
"As we begin our service launches into the India and Southeast Asia market, one of our main goals is to identify those talented Indian recruitment professionals and offer them an opportunity to build and leverage their skills and become owners of their search and HR Solutions firm. We feel that it is time to move out of the shadows and earn the credit for the great work traditionally credited to someone else," offers Tom Johnston, CEO of SearchPath and ALCORSearchPath.
The traditional offerings focus primarily on just providing recruitment services, with very little value added offerings. This new platform will vastly expand the partnership with clients and offer a wide range of services including full time and contract solutions, Temporary and Permanent Placements, Contract Staffing for Hi-Tech positions globally, Interim Executive Placement, Career Education, Assessment, Leadership Development with Radiant Vista and World first Disruptive Technology on Instant Pay creating outstanding value for employers and employees.
"The goal is to build and develop the unique relationship recruiters have with their clients and candidates. By offering a variety of solutions that will help clients and candidates build and develop their careers over the long term, ALCORSearchPath will build long term relationships, with a global, industry-specific focus," stated Tom Johnston, CEO of the US-based SearchPath.
Nithi Sevaguru, CEO of Radiant Vista, offered, "The global first-time managers and teams need to hit the ground running, but today they are not trained leading to serious productivity losses and system failure. Radiant which works with top companies such as Nokia, SWIFT and the like, provide real-time and online learning to coach, enable and empower the employees to perform better than expectations. The combination of Alcor and SearchPath will enable us to provide our new franchise partners with a variety of offerings to support their clients and grow their business."
The ALCORSearchPath platform will be built and leveraged on the successful franchise offering of SearchPath in the US. They will be industry-specific and will work global search practices. "Our goal is to cover all industries and functions for our clients and help them identify talent throughout all major Global Markets, including the US," states Meenakshi Gore, Director at ALCORSearchPath. www.alcorsearchpath.com
About Alcor
Alcor (http://www.alcorfund.com) is a Global Fund that uses a cube-I model of corporate governance to ensure globalization of services by localization. Our strengths lie in combining our strategic growth understanding with our market expertise and applying these with absolute commitment to growth success. Our core Human Resource businesses are built to achieve growth imperatives. We work with clients to maximize the pace and alignment required to grow their business and to reduce the related risk.
About SearchPath, Inc.
SearchPath, Inc. (SP) http://www.searchpath.com. SP is a U.S.-based talent acquisition professional services firm, with 41 franchises nationwide. Founded in 2005, SP's goal is to become the premier, vertically-integrated provider of search and recruiting services in the world. SP is also a franchisor of its business that has redefined the way clients do business with recruiters by implementing a client-centric approach that combines proven industry best practices and revolutionary concepts.
Safe Harbor Statement
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of1934. All statements, other than statements of historical fact, including, without limitation, those with respect to the objectives, plans and strategies of the Company and SPI set forth herein and those preceded by or that include the words "believes", "expects", "given", targets", "intends", "anticipates", "plans", "projects", "forecasts" or similar expressions, are "forward-looking statements". Although the Company's management believes that such forward-looking statements are reasonable, it cannot guarantee that such expectations are, or will be, correct. These forward-looking statements involve some risks and uncertainties, which could cause the Company's future results to differ materially from those anticipated. The Company assumes no obligation to update any of the information contained or referenced in this press release.
Investor Contact:
Deepa Sinha
[email protected]
+1-773-8961531
SOURCE Alcor Mergers and Acquisitions Pvt Ltd.
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