Fuelling the Asian growth engine
Talent challenges, strategies and trends
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 entitled, "Fuelling the Asian growth engine– talent challenges, strategies and trends".
The study reveals that the top business challenges faced by businesses in Asia are related to "driving business growth", "dealing with increased competition", "achieving better operational efficiency" and "managing cost pressures". In an effort to remain competitive, companies in Asia are focusing on improving quality and enhancing value, as well as promoting innovation.
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