In a candid conversation, Lau Yin Cheng, Chairman of SCS Career Compass Steering Committee shares his perspectives on the talent landscape in the APAC region, challenges that organizations face and technology adoption
Lau Yin Cheng is the Chairman of SCS Career Compass Steering Committee where he helps organizations and leaders to be "Future Ready". YC was previously the Chief of HR & OD at Singapore’s Infocomm Development Authority (IDA) and was instrumental in building an award-winning HR & OD team that elevated IDA's employer brand to be among Google & Facebook based on Universum rankings. Cheng has over 15 years of HR & OD leadership experience in both large-scale private and public sector organizations. Prior to joining IDA, YC served as CHRO for the Ascott Group, the world’s largest serviced residence owner-operator with about 5,000 staff in 200 properties across 23 countries in Asia Pacific, Europe and the Gulf region.
What is your view on the talent landscape in the APAC region? How are the businesses changing in the APAC region?
Different countries are going through different stages of economic and social development. Myanmar, Cambodia, and Vietnam are still growing economy regions and hence they need a lot of qualified professionals. In Singapore, it is more about skilling because the economy is maturing and there is still a skilled labor shortage. Japan is interesting because they have a lot of best-in-world technology. A lot of them are actually using Singapore as a base for expansion into Asia and rest of the world. India, on the other hand, has a huge workforce coming into the economy. I would say APAC has very mixed landscape. But what is common across is the desire of the young to innovate and to want to make a difference. I think it would be great if somehow we can connect parts of the region to South East Asia.
This story is from the People Matters - April 2018 edition of People Matters.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the People Matters - April 2018 edition of People Matters.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
How Digital Transformation Can Power The Great Reset
Technology has the potential to serve as the key enabler of change between digitalising administrative tasks and fostering human connections
The Crypto Meltdown Of 2022
FTX implosion: A setback, but not the end for the crypto market
Govern Pre-IPO Unicorns to Create Value; Not Valuation
Billion-dollar startups always make the headlines. But is there true value behind those eye-catching valuations? How can proper governance be implemented for these much-hyped companies?
On change and change management
The best way to end the year, especially such a disrupted one as 2022, is by laying the groundwork for the year to come. Michelle Yong, Head of Resourcing at Shell, offers some insights on change management to bring us forward into 2023
The Great Reconnection: A paradigmatic moment for employers and employees
This year has not been a good one for employee retention. The Great Resignation, originally thought to be a US phenomenon, has emerged in Asia now. But is there a way to turn it into the Great Reconnection?
Lessons Managing in leadership: a global hybrid team
What takeaways can we draw from the pandemic? Fatima Koning, Chief Commercial Officer at IWG, shares what the last five years have taught her about managing a global sales team across 120 markets in the hybrid model
Eight HR trends that we saw throughout 2022
As companies manage their workforces in a dynamic era, HR departments have continually adapted and adjusted, and never more than this year as digital acceleration and workplace evolutions came together
One way to turn the tide of employee retention
There's a surprising link between skill development opportunities and job satisfaction. Here are some ways of boosting skilling and thereby talent retention
A key focus for L&D going into 2023 should be business alignment
Venkat Subramaniam of Degreed believes that learning is core to business success and organisations need to invest in the right processes and technologies to adapt to continuous change
WOMEN IN LEADERSHIP CAN BE GAME GHANGER FOR INCLUSIVE FUTURE OF WORK
BREAKING FREE FROM THE STEREOTYPES IN THE INSURANCE SECTOR, PAMELA THOMSON-HALL SHARES HER JOURNEY OF BEING A CHAMPION FOR WOMEN AND BRINGING ABOUT A CHANGE IN A MALE-DOMINATED INDUSTRY
