The fact that so many organizations are falling short in their career management efforts is worrisome given how important development and advancement are to employees and employers, and the high stakes tied to effectively managing talent.
Accelerating Growth in Asia
In less than 20 years, the Asia Pacific region will represent 40% of the world's GDP, larger than the U.S. and EU combined. Currently home to the world's second- and third-largest economies, Asia is fertile ground for growth-oriented organizations, but this continuing rapid expansion puts additional strains on employers. Talent and labor shortages are only one of a series of challenges.