Asia-Pacific CEOs Regain Confidence
Wednesday, February 3, 2010 at 10:54 PM According to a China Daily article published yesterday, Asia-Pacific CEOs are confident that there is light on the other side of the global downturn. Eighty-two percent of Asia-Pacific CEOs are confident revenues will rise during the next 12 months.
Seventy-five percent of surveyed CEOs reported that leadership and talent development are key to their long-term investment decisions.
“Talent remains a top priority for CEOs. The crisis taught us a few things—one of which is that organizations that are able to balance people retention and development against cost reduction measures will be well positioned for taking on the upswing. With the Asia-Pacific region poised to be an economic powerhouse, having the right people in place is more urgent than ever," said Frank Lyn, China Markets Leader of PricewaterhouseCoopers (PwC).
Eighty-four percent of CEOs, however, indicated that cutting costs is their top priority in the next 12 months
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