In less than 20 years, the Asia Pacific region will represent 40% of the world's GDP, larger than the U.S. and EU combined. Currently home to the world's second- and third-largest economies, Asia is fertile ground for growth-oriented organizations, but this continuing rapid expansion puts additional strains on employers. Talent and labor shortages are only one of a series of challenges.

To capitalize on the market potential across the region, companies need to consider a host of complex issues. These include:

• Conducting rigorous workforce planning to define their near- and longer-term skill needs
• Sourcing the right talent and deploying it effectively
• Creating cost-effective pay, benefi

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