A recent report on “The Reality of Asia’s Talent Market” by CEB Asia, highlighted a triple threat to realizing the region’s growth potential. “Rising Costs and Competitive Pressures” combined with “Talent Scarcity” and “Leadership Productivity and Retention Risks” were identified as the main challenges facing Asia’s companies and HR Departments.
So, how to combat these threats? One thought is that the emergence of HR technologies in Asia might level the playing field and give organisations the tools they need to fight back. Indeed, the conclusion of a recent whitepaper by Thomson Online Benefits on HR trends in Asia, was that “In 2015 Tech Adoption is a Must for HR”.
Technology – A Double-edged Sword?
One area of the HR Technology ecosystem that has seen slow but steady evolution is Talent Acquisition and Recruitment.