Asia companies Investment priorities over the coming 12-24 months

Businesses are taking a multi-pronged strategy and simultaneously executing for all of those. Increased investments in changing HR’s strategic direction as a top priority supports this as HR will need to quickly pivot and adapt to meet business needs. Integrating talent management processes remains a top priority as employee experience is central to organizations, and they are keen to reduce transactional burden across stakeholders. This need has amplified during the pandemic to accommodate both remote and hybrid working models. Upskilling HR capabilities is a critical area to be addressed even though it is ranked lower as compared to previous years*(in our HR Transformation study). Increased investments in capability planning and alignment to newer business models connects with the theme of driving organizational change becoming a priority. This also resonates with the talent risks that were highlighted by respondents of the HR transformation study.