Global Human Capital Trends 2016 – Southeast Asia edition
The new organization: Different by design
The theme of Deloitte’s fourth annual Human Capital Trends report – “The new organization: Different by design” – reflects a major finding: After many years of struggling to drive employee engagement and retention, improve leadership, and build a meaningful culture, executives are now seeing the need to redesign the organization itself, with 92% of survey participants rating this as a critical priority.
Executives and business leaders in Southeast Asia face similar challenges. The Southeast Asia region comprises of different markets in different phases of maturity. Labor costs, governance and legislation, work practices, culture, and language differ markedly by country within this region.
The heterogeneous nature of the region means organizations will need to continue adapting human capital strategies to the unique characteristics in each country for success across Southeast Asia. There is no one-size-fits-all solution.
This regional supplement focuses on the most critical trends that emerged within Southeast Asia, infused with unique local flavor – observations and recommendations - specific to the region and to Singapore.
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