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In response to the complex challenges facing clients globally today, Korn/Ferry International has developed a range of talent management solutions that build on our extensive expertise in executive search. Our diversified suite of services helps you manage your talent pipeline from recruitment to ongoing development and retention. Our deep understanding of Asia's people, culture and business landscape enables us to effectively meet a wide range of HR needs with the same precision and quality for which we are known around the world.
Your Challenges
Between 1994 and 2004, the rate of CEO turnover increased by 300 percent, according to Booz Allen Hamilton's Annual CEO Succession study. That same study showed that Asia Pacific had the highest CEO turnover rate in the world in 2004.
In 2007, CEO Turnover for the 500 largest revenue-producing companies worldwide was 16.2%, according to Weber Shandwick's "CEO Departures" report. The rate remained slightly higher in Asia Pacific, where CEO loyalty is not strong, especially in emerging markets like China
About half of directors in non-Japan Asia say it is becoming harder to recruit high caliber members for their boards (Korn/Ferry Board of Directors Study, 2008).
Hiring sprees continue across China and India, where companies are planning to make exponential increases to their head counts in the next 12 months.
Less than 20 percent of CEOs worldwide ranked Asian business heads as driving best leadership practices and developing world-class teams capable of thriving in a global marketplace (Korn/Ferry-EIU Study, 2006).
Almost 75% of dealmakers expect intra-Asia-Pacific M&A to increase or stay at similar levels (Clifford Chance and FinanceAsia Survey, 2008).
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