China and India will continue to lead the way
The growth of the Chinese and Indian economies has been the dominant economic force for several years, affecting not only the Asia-Pacific region but the whole world. While they showed signs of sluggishness, particularly in 2012, they will continue to very important going forward. Economic growth in China has begun to accelerate after a year of significant lethargy and growth forecasts in India for the 2012-13 fiscal year range from 6.0-6.50%. This means it is critical for companies and their management teams to plan ahead with the consequences of these forces in mind. As companies continue to deal with the current economic uncertainties, particularly emanating from Europe, they will need experienced executives to lead and manage their businesses as they navigate their expansion into emerging markets such as these. This is not just evident in China and India but also in many other countries around the region, including Thailand, Vietnam and Indonesia. In the more mature economies such as Japan, Australia and New Zealand there is also the effects of generational change as the 'baby boomers' start to retire. Recruitment and retention of key executives has become a critical for companies operating in the Asia-Pacific region because high calibre candidates will continue to be in short supply for some years to come.
With offices in all major centres in the region, Stanton Chase is well placed to partner with your company as you seek to address these critical issues going forward.
Fiona Lavan
Regional Vice President, Asia-Pacific, Vice Chair Regions
and Director of the Sydney office
Stanton Chase International
