Senior Executives from Leading Companies Meet in Singapore and Hong
Kong for Discussion on Critical Business Challenges
SINGAPORE, Aug 01, 2010 (BUSINESS WIRE) --
The Corporate Executive Board (CEB) (NASDAQ: EXBD), a leading research
and advisory services company, today announced the success of its first,
invitation-only receptions in Hong Kong and Singapore for CEOs of the
largest Western multinational companies operating in Asia Pacific.
Drawing on CEB's breadth of research and peer-based insight into the
demands placed on divisional CEOs from headquarters, the half-day
sessions featured new findings on effective sales strategies that go
beyond solution selling to drive customer acquisition and growth in Asia
Pac. Attendees also engaged in discussion around hiring and retaining
talent given increasing competition and the emergence of Chinese
domestic employers as "preferred" places to work. CEB executives
presented new strategies to address this emerging challenge effectively.
"Ninety-three percent of CEOs in attendance reported an intention to
take action based on the day's discussion, illustrating the critical
need for tangible, results-proven insights into today's most pressing
business challenges," said Melissa Bailey, managing director of Asia
Pacific at the Corporate Executive Board. "We look forward to partnering
with the region's leading executives to identify and apply the right
combination of APAC-specific insight, analysis and proven best practices
required to advance strategic initiatives successfully."
The CEO-only event also featured an interactive discussion regarding a
recent study on employee engagement featured in the May issue of the Harvard
Business Review. The findings show engagement levels among top
talent and high-potential employees are critically low, with one-quarter
of these employees intending to leave their company within the year.
While investing in high-achieving employees can have a tremendous impact
on business results, it is clear that many talent management programs
are falling short. Despite the fact that one in three job candidates in
Asia view "future career opportunity" as the most important attribute of
a new employer, a number of programmes are either misidentifying key
talent or failing to properly challenge and reward critical employees.
The analysis suggests the pending talent exodus could have a long-term
impact on company performance and leadership succession in APAC and
around the world.
CEB has a long history of service to the region, with relationships
dating back to 1999. It now serves more than 100 organizations and
executives in South East Asia and Greater China. In recent years, CEB
has assisted its members in areas that include developing a compelling
employment brand, boosting sales force productivity, aligning IT with
corporate strategy, and improving the customer experience. The company
opened a regional office in Singapore in March complementing its
regional presence in Sydney and New Delhi.
About The Corporate Executive Board
The Corporate Executive Board Company drives faster, more effective
decision-making among the world's leading executives and business
professionals. As the premier, network-based knowledge resource, it
provides them with the authoritative and timely guidance needed to excel
in their roles, take decisive action and improve company performance.
Powered by a member network that spans over 50 countries and represents
more than 85% of Fortune 500, The Corporate Executive Board offers the
unique research insights along with an integrated suite of members-only
tools and resources that enable the world's most successful
organizations to deliver superior business outcomes. For more
information, visit www.exbd.com.
SOURCE: The Corporate Executive Board Company
The Corporate Executive Board Company
Leslie Tullio, 571-303-5689