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What Can Regional HR Directors Do When the Economy Can’t Decide If It’s Up Or Down?

Posted: 03.03.10

The Chapman Consulting Group today hosted an HR roundtable discussion for 15 select HR Heads. Regional HR leaders from high-profile multinationals in the Financial Services, Retail, IT & Telecommunications, Oil & Gas, Real Estate, Logistics, Semiconductor, Life Sciences, and Marine sectors met over lunch at the Singapore Cricket Club to discuss the topic of "HR Strategies in Times of Potential Market Rebound: How to Tentatively Plan for Growth while Learning Lessons from the Recent Downturn".

The conversation started off with a brief overview of each company's version of the current economic 'recovery'. The vast majority of participants agreed that they were dealing with a climate of 'uncertain positivity'. The contradiction was felt by everyone - in a few cases, there were signs of growth in some business units, while others were still nose-diving; in other cases the picture in Asia was relatively rosy, but the organisation was still being 'dragged down' by the stagnation of business in other parts of the world.

This is an excerpt. For the full press release, please download the PDF version below.