Changing talent strategies in APAC
28 March 2020 — In my last post,
I outlined the many talent challenges employers are facing in APAC. While the region's diverse economies, workforce demographics, and varying levels of digital maturity mean there will never be a one-size-fits-all approach to talent strategy, there are several important shifts that organizations must consider if they are to compete effectively for critical skills.
Engaging a more complex workforce
Today's managers are leading workforces that look very different from those of even a few years ago. The growing reliance on non-traditional talent means workforce strategies increasingly encompass contingent workers, contractors, freelancers, outsourced services, alumni networks, and project-based specialists alongside permanent employees.
Organizations are also operating in a world where distributed and hybrid teams have become commonplace. As a result, employers are taking a broader view of talent acquisition, recognizing that workforce planning extends beyond traditional hiring models.
At the same time, employee expectations continue to evolve. Flexibility, career mobility, meaningful work, and opportunities for continuous development are increasingly influencing how people evaluate employers. Organizations that can offer these experiences are often better positioned to attract and retain talent in highly competitive markets.
For many employers across APAC, workforce flexibility is no longer viewed as an employee benefit. It has become a strategic lever for accessing talent, improving retention, and expanding workforce participation.
Navigating the disruptors reshaping work
Organizations across APAC continue to experience significant disruption in the way work is performed and talent is managed. While technology remains a major catalyst for change, several broader trends are also influencing workforce strategies:
- Rapid advances in artificial intelligence and automation
- Accelerating skills shortages and skills obsolescence
- Demographic shifts, including aging populations in several APAC markets
- Increased competition for digital and technology talent
- Growth in contingent, project-based, and flexible work arrangements
- Rising employee expectations around flexibility, wellbeing, and career growth
- Greater demand for workforce agility and resilience
While these disruptors are changing how businesses operate, their greatest impact is on the skills organizations require and the ways they engage, develop, and deploy talent.
Embracing automation and partnerships: a modern workforce strategy
Perhaps the biggest evolution in workforce strategy is the need to expand beyond the traditional "build, borrow, and buy" model. While these approaches remain important, organizations increasingly need to embrace two additional capabilities: partner and automate.
Technology, artificial intelligence, and workforce intelligence platforms are helping organizations improve productivity, identify skills gaps, support workforce planning, and enhance talent acquisition processes. At the same time, external partnerships are providing access to expertise, skills, and talent pools that may be difficult to develop internally.
To build a workforce that is agile, resilient, and prepared for future change, organizations should consider all five elements:
- Build
Create agile organizational structures that allow talent to move more freely across the business as priorities evolve. Continuous learning, career mobility, skills development, and workforce planning should be embedded into everyday operations.
Organizations that invest in upskilling and reskilling initiatives are often better positioned to respond to changing business needs while improving employee engagement and retention.
- Borrow
Access additional talent through contingent workers, contractors, freelancers, and project-based specialists.
Rather than treating these workers as temporary resources, organizations should view them as an integral part of the broader workforce ecosystem. Building strong relationships with external talent can provide greater workforce flexibility and faster access to critical skills when demand fluctuates.
- Buy
Acquire talent externally from diverse talent pools.
Increasingly, organizations are shifting from hiring solely for experience toward hiring for potential, adaptability, and transferable skills. Skills-based hiring approaches can help employers expand talent pools while improving workforce diversity and future readiness.
- Partner
Leverage strategic partnerships to supplement internal capabilities.
External partners can provide specialized expertise, support talent development initiatives, access new talent communities, and help organizations address workforce challenges more effectively. As workforce needs become more complex, partnerships are playing an increasingly important role in talent strategy.
- Automate
Apply automation and AI where it enhances efficiency and improves outcomes, while maintaining a strong human element.
The most successful organizations are using AI to augment decision-making, improve talent intelligence, streamline administrative tasks, and create better experiences for candidates and employees. The goal is not to replace people, but to enable them to focus on higher-value activities that require judgment, creativity, and relationship building.
The workforce landscape across APAC will continue to evolve as technology advances, skills requirements change, and employee expectations shift. Organizations that embrace a broader, more integrated approach to workforce planning will be better positioned to compete for talent and adapt to future disruption.
Building, borrowing, buying, partnering, and automating are no longer separate workforce strategies. Together, they form a more comprehensive approach to creating a workforce that is flexible, resilient, and aligned to long-term business objectives.
For employers across APAC, the challenge is no longer simply finding talent. It is creating a workforce strategy capable of delivering the skills, agility, and adaptability required for the future of work.
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