PageUp People Releases Talented Southeast Asia, Highlights Key Human Capital Themes in the Region

PageUp People
2014-03-11 13:00 1262

The only talent management-focused publication for Southeast Asia outlines global and regional best practice for success through over 100 interviews with 50 organisations

SINGAPORE, March 11, 2014 /PRNewswire/ -- PageUp People, a leading multinational talent management solutions provider, today announced the launch of its book, Talented Southeast Asia, the only publication solely focused on talent management in Southeast Asia. The new book addresses key challenges and the future outlook for employers consolidated from over 100 interviews conducted over a 12 month period with business and human resource (HR) leaders.

Over 50 companies including Bosch, BHPBilliton, Deloitte, Dentsu Aegis Networks, DHL, Mastercard, Olam International, Pandora, and Smiggle, participated in the interview process, across six major countries: Singapore, Malaysia, Thailand, Indonesia, the Philippines and Vietnam. Participating firms are global corporations with a significant presence in two or more of these ASEAN 6 countries.

"Southeast Asia is a unique region with distinct characteristics, and each market is different in the way these multinationals manage, motivate and engage their talent. It has been a remarkable journey over the last 12 months, and we are thankful to our contributors for sharing their rich experience so openly and unreservedly with us," says Sylvia Vorhauser-Smith, PageUp People's Senior Vice President of Global Research and co-author of the book.

"By 2050, Asia will house 52 percent of the global workforce. The core purpose of Talented Southeast Asia is to provide ideas to large organisations that will further accelerate their goal of achieving business success through talent management excellence," Vorhauser-Smith added.

Talented Southeast Asia is a thought leadership initiative of PageUp People Global Research and explores the experiences and lessons of 50 top multinationals with existing operations in the region. Through in-depth conversations with contributors, Talented Southeast Asia identifies the top ten priorities in talent management. The need to attract, develop and retain organisational talent accounts for 75 percent of these top priorities for business and HR leaders in Southeast Asia. Other priorities include leadership, succession planning and business transformation.

In addition, five regional themes that emerged, and are extensively covered in Talented Southeast Asia, are as follows:

  1. Balancing global consistency with regional autonomy -- 63 percent of contributors felt having regional autonomy for talent management decisions and processes was critical
  2. Embracing the complexities of the region -- HR executives need to understand the unique labour market nuances of each country, adding to the complexity of their roles
  3. Respecting eastern values and cultures -- 89 percent felt the ability to understand and work within the local culture was key
  4. Leaders need 'agile heads, hearts and hands' -- the complexities of Southeast Asia demand business leaders with a distinct set of leadership capabilities
  5. Changing mindsets change the workforce -- the mindset of the Southeast Asian digital natives are already evolving away from traditional ways of working

In order to address this young and highly connected workforce, Talented Southeast Asia also reveals changing practises being adopted in talent attraction, engagement and retention. Fresh Practises outlined in the book include the increased use of innovative models such as learning management systems powered by social networks, gamified learning, mobile interfaces for task management, and real-time performance evaluation and feedback.

"Southeast Asia has a youthful population, ranging on average, between 23 and 35 years. This is the new generation of always-on employees and HR executives are transforming their systems to keep up with this trend. Technology innovation plays a critical role in this transformation and billions of dollars are being invested to this end globally," said Karen Cariss, co-author of the book and CEO of PageUp People.

As the only title available on human capital management for this region, Talented Southeast Asia addresses the key talent management challenges for organisations conducting business in Southeast Asia, and provides a framework to help them attract and retain talent, increase workforce productivity and achieve regional business goals. The book explores the role of evolutionary best practices and technology innovation in enhancing management capabilities and employee engagement, with a focus on the role of effective talent management in channeling human capital and achieving strategic business outcomes.

Source: PageUp People