Work Will Not Change, But The Way We Work Will
People Matters|People Matters - April 2018

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

Work Will Not Change, But The Way We Work Will

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.

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