Talent crunch in Asia-Pacific drives focus on reskilling and strategic human capital planning
With the impact of talent crunch being felt throughout many organisations, HR professionals are urged to drive digital transformation and human-centred skill development—challenging their existing current strategies and the need to stay relevant.
Our recent APAC C-suite barometer survey highlighted this challenge, with half of the region’s executives reporting difficulties in attracting and retaining skilled talent—above the global average of 43%.
Iris Goh, Director, Talent, further expounds on this phenomenon in an interview with HRM Asia, sharing that this is not just a workforce issue, but a strategic imperative—it requires close collaboration of leaders and HR professionals and the adoption of reverse mentoring for seasoned leaders, which she discussed extensively in the article.
While flexible working arrangements top the list of working model priorities among APAC executives, it introduces a unique set of challenges.
To effectively navigate this hybrid landscape, Iris noted that transparent and clear guidelines will need to be put in place where "HR must be innovative and creative to aid in balancing flexibility and creating smart workplaces while maintaining organisational structure and fundamentals".
The role of HR professionals has evolved into a multifaceted one, yet one constant remains—the retention of top-performing talent, identified by Iris as a critical priority.
Read the full article on HRM Asia.
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