Economic Turbulence Changes Talent Acquisition Landscape for Companies in Asia Pacific



    - Futurestep announces expanded Strategic Talent Acquisition solutions,
addressing the changing business environment of the region -
    

    
    KUALA LUMPUR, Malaysia, Feb. 26 /PRNewswire/ -- Recent economic
turbulence has prompted companies to re-address the changing landscape for
talent. To support clients facing the challenges of the global economic
downturn, Futurestep, a Korn/Ferry Company (NYSE:   KFY) has expanded it
Strategic Talent Acquisition solutions across Asia Pacific.
    

    
    Futurestep now offers a more comprehensive approach to talent acquisition
through Strategic Recruitment Process Outsourcing (RPO). These solutions draw
on Futurestep's expertise in all facets of talent management, a global
presence with locations on four continents, and industry-leading competency
methodologies. Originally unveiled in the United States in April 2008,
Strategic Talent Acquisition solutions have garnered significant industry
recognition, most notably the inclusion of Futurestep in the exclusive annual
Baker's Dozen list of Top RPO Vendors by HRO Today magazine (USA) and HR
Vendors of the Year 2008 by Human Resources magazine (Singapore).
    

    
    Speaking at the Futurestep Launch cocktail event, Tim Nelson, President
of Futurestep Asia Pacific said, "Being able to compete effectively for talent
remains a challenge for organisations of all sizes. Regardless of economic
conditions, companies will continue to vie for leadership talent, as well as
specialised skills. Leaders now need to consolidate their recruiting
operations, eliminate organisational inefficiencies and find ways to achieve
more with less. Strategic RPO is an effective business enabler that will help
you consolidate and transform your talent acquisition function."
    

    
    Nelson believes that an RPO strategy is ideal for companies in Malaysia
who will need to scale up rapidly as the market rebounds. In this current
slower economy, he believes that companies should focus on improving their
hiring processes; by eliminating duplication and redundant staffing practices,
aligning their workforce plans and utilizing internal staff more efficiently.
    

    
    A recent study done by the Human Capital Institute (HCI) with Futurestep
found that despite economic uncertainty and a profound decrease in recruiting
activities in the past six months, fifty percent of the respondents say they
will use RPO over the next five years.
    

    
    The cocktail event was also graced by a guest speaker from a leading
natural resources organisation. The speaker shared their experience of working
with Futurestep to assess their recruitment strategies and workforce needs by
adopting the RPO model; which has proven to be a smooth, efficient and cost
effective approach.
    

    
    The natural resources organisation is currently in the recruitment phase
working closely with Futurestep to recruit 100 positions in Malaysia.
    

    
    "Our experience in designing and implementing centralised, standardised,
recruiting processes dramatically improves efficiency, minimises client risk
and greatly enhances the quality of the hire," said Nelson.
    

    
    He added, "Futurestep's proven approaches for identifying gaps,
developing strategies and applying resources, impact bottom line performance
and turn strategy into action. Through a comprehensive discovery process, we
develop an insider's view of the history, structure and culture of a firm's
enabling us to transform your talent operations to help you compete more
efficiently and deliver greater business impact."
    

    About Futurestep
    
    Futurestep, a Korn/Ferry Company, is the industry leader in strategic
talent acquisition, offering fully customized, flexible solutions to help
organizations meet specific workforce needs. Our full-spectrum portfolio of
services includes: Strategic Recruitment Process Outsourcing (RPO),
Project-Based Recruitment, Mid-Level Recruitment, Interim Professionals and
Consulting Services. With locations on four continents and a record of success
in securing top talent around the world, Futurestep provides the experience
and global reach to identify, attract and retain the people who drive business
success. To learn more, visit futurestep.com.
    

    About Korn/Ferry International
    
    Korn/Ferry International, with more than 90 offices in 40 countries, is a
premier global provider of talent management solutions. Based in Los Angeles,
the firm delivers an array of solutions that help clients to identify, deploy,
develop, retain and reward their talent. For more information on the
Korn/Ferry International family of companies, visit kornferry.com.
    



    




For further information:

For further information: Angelyn Varkey, DID, +65 6411 9494, HP, +65
9835 8470, angelyn.varkey@futurestep.com Web Site: http://www.futurestep.com/

Organization Profile

FUTURESTEP

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890