Fuelling the Asian growth engine: Talent challenges, strategies and trends

• Main Authors: FERRARO, Mario, MUDFORD, Catherine, KUOK, Karina, Saumya SINDHWANI, SIOW, Rebecca
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2012
• Subjects: Asian Studies; Human Resources Management; Strategic Management Policy
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/4845; https://ink.library.smu.edu.sg/context/lkcsb_research/article/5844/viewcontent/dttl_hc_fuellingtheasiangrowth_8092013.pdf
• Institution: Singapore Management University

The emerging economies of Asia are increasingly playing a critical role in the global arena, even as there is continuing turmoil and uncertainty in other parts of the world due to economic, financial and political upheavals. While Asian economies are undoubtedly impacted by global headwinds, most of them have been buffered by their sound economic and policy fundamentals, healthy domestic demand and continued inflow of Foreign Direct Investment (FDI). Meanwhile, Asia is undergoing its own transformation: many countries in Asia are experiencing greater economic prosperity and rising affluence, translating into higher demand for goods and services. As businesses flock to Asia to capture the opportunities presented by an emerging customer base, they need to be mindful of the intensifying competition for talent and leadership, which are fundamental assets to achieve business sustainability, competitiveness and success in the region. To provide greater insights on these issues and to further understand the talent priorities and strategies of organisations operating in Asia, Deloitte Consulting and the Human Capital Leadership Institute invited local organisations and foreign multinationals (MNCs) operating in Asia to participate in a talent and leadership study.