State of Talent Management - The Asia Pacific Perspective
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The talent market in Asia Pacific has become increasingly competitive in recent years, and now more than ever it is critical that HR develop a robust talent management strategy. Find out what industry experts and leading HR practitioners are doing to help achieve business objectives, build their bottom line and deliver sustainable growth.
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State of Talent Management - The Asia Pacific Perspective
- 1. presents
- 2. Asia Pacific Market Reality Highly competitive talent market Limited talent pool, high attrition rates Hard to attract, motivate and retain employees HR must act as a partner to the business Develop a strategic HR plan that supports growth 49% companies in Asia Pacific lack a formal written HR strategy
- 3. HOW HR IS PERCEIVED
- 4. How HR is Perceived HR widely viewed as a highly tactical function
- 5. How HR is Perceived Limited capability within the team
- 6. How HR is Perceived Often show poor understanding of the business
- 7. How HR is Perceived Seen as a corporate police officer, not enabler
- 8. How HR is Perceived Sense of entitlement to seat at the table
- 9. It is critical that HR develop a robust HR and talent management strategy in order to help achieve business objectives, build the bottom line and deliver sustainable growth.
- 10. 7 STEPS TO EARNING A SEAT AT THE TABLE
- 12. Develop a robust HR technology infrastructure
- 13. Ramp up your talent acquisition program
- 16. Engage employees throughout the lifecycle
- 18. HR must gain a seat at the table in order to deliver strategic value. Technology plays a critical role in enabling HR professionals to achieve this and should be a top priority for 2014.
- 19. FOR MORE INFORMATION: Download The Asia Pacific Perspective Watch Our Webinar and Videos If you would like to learn more about The State of Talent Management 2014 – The Asia Pacific Perspective, talk to one of our spokespeople or receive a SilkRoad media kit, please contact Melinda Earsdon at melinda.earsdon@silkroad.com or call +65 9109 4944.
- 20. About SilkRoad SilkRoad is a leading provider of cloud-based, end- to-end HR solutions that enable customers to find, attract, develop, and retain top talent. We help companies create a competitive edge and build their bottom line through their HR technology. SilkRoad’s award-winning Life Suite includes Talent Acquisition, Talent Development, and HRMS solutions that are delivered through a Talent Portal to drive greater engagement, collaboration, and user adoption. The suite is easy to deploy, easy to use, and affordable for businesses of every size. With ten offices across Asia Pacific, SilkRoad is the only cloud-based talent management provider to offer full delivery and support capabilities throughout the region in multiple languages.
Notes de l'éditeur
- Learn the business at all levelsUnderstand the business strategySupport company growth objectivesBe strategic with your human capitalLearn to read a P&LDevelop risk mitigation strategiesShow compliance and governance skills
- Technology is critical in shaping the role of HRAutomates key processes and protocolsFrees up time spent on manual labourEnables HR to focus on more strategic activitiesBy creating a seamless HR ecosystem, will be seen as an enabler
- Attracting top talent is critical to organisational successIncreasingly difficult due to shortage of talent and high attritionSocial media is an excellent source of candidatesOffers access to both active and passive jobseekersTechnology streamlines the sourcing processE-recruitment tools offer assessment tasks that can help develop shortlistCombined both tools save time that can be spent on more strategic activities
- Usually a tactical, annual functionOften viewed dimply throughout the companyRequires embedded approach to support goalsEmployees must understand corporate objectivesAnd how they contribute to the bottom lineTechnology automates the processProvides better tools to engage staff at all levelsEncourages more regular, ongoing interactionsDrives the development of future capabilities
- Companies are varied in their approach to L&DMany still favour formal face-to-face learningOthers exploring social media as learning toolResults vary by job role, industry and marketCombined approach delivers success
- Employee engagement is critical in Asia PacificRegion set for highest attrition rates ever in 2014Conventional one-off programs not enoughEngagement activities should start from recruitmentOnboarding process and first six months are critical Activities must continue throughout lifecyle in order to make employees feel valued
- Compliance regulations are evolving at a rapid paceNew regulations being introduced in every marketCompanies also liable under global legislationMust implement robust compliance program thatRaises awareness Trains employeesEnsures proper reportingTechnology can help mitigate the risk by:Systemising compliance processesAutomating reporting requirements