Global consultancy dss+ aims to double team and impact in Chinese market
Global consulting company dss+ has unveiled major growth plans for the Chinese market, with the top executive of the Switzerland-headquartered group stating that the firm plans to double its business in the next few years.
Formerly known as DuPont Sustainable Solutions, dss+ is a global management consulting firm specialised in operational excellence, workplace health & safety, risk management, and sustainability. The firm has 1,200 staff worldwide, of which around 100 are currently based in its three China offices in Beijing, Shanghai and Shenzhen.
“Taking advantage of our current strengths in China, we are confident that we will double our business in the next few years,” said Davide Vassallo, CEO of dss+, who has been leading the company since the carve-out from US-based DuPont Group five years ago. dss+ has since closed a number of acquisitions and welcomed a financial investor that is supporting its global growth agenda.
“Today the contribution of our China team to our global revenue is in the range of 7% to 8%. We want to double this number in the coming years because we believe that we can support Chinese companies in their ambitions,” Vassallo said. “As China continues to promote industrialization, productivity and sustainability, companies like ours are facing tremendous opportunities.”
Improving operations
The chief executive said that dss+ will seek to help more Chinese industrial companies as well as multinational groups with improving their operations in China. The consulting firm is eyeing opportunities in sectors such as chemicals, steel and manufacturing, which are undergoing transformative shifts in terms of improving productivity and enhancing sustainable growth, Vassallo said.
“We have been and will continue to work alongside these industries to help advance operational efficiency, innovate with new product mixes, enhance supply chain resilience and boost agility.”
At the same time, dss+ works with its clients to seize the transformation opportunity to ramp up their sustainability performance. “China's increasing focus on the green transition aligns perfectly with our strategy.”
He added that dss+ is positioned not only to serve the local market, but also bridge China and other Asia Pacific global markets. “This approach allows us to create synergies and leverage our global network to benefit our clients in China and globally.”
Cross-border synergies
For example, the company’s China and Indonesia offices have been working closely together to support the development of the metals and mining industries. This partnership enables Chinese companies to gain a deeper understanding of the Indonesia market and vice versa, thereby facilitating cross-border opportunities and fostering shared learning.
Vassallo said: “The best practices and insights we gained from our experience in China have not only accelerated local growth, but have been shared across our global operations. By cultivating partnerships across regions, we are able to actively help large companies navigate the current transformation, which plays an important role locally and globally towards more sustainable and efficient practices.”
In Asia, dss+ has offices in China, India, Indonesia, Japan, Philippines, Thailand, and Singapore. In its home market Switzerland, dss+ was earlier this year named one of the country’s Best Managed Companies by Deloitte.