Talent management and succession planning in emerging Asia

Abstract

Subject area

Talent management.

Study level/applicability

Management level proposed courses: knowledge management, human resource management, leadership and fundamentals of strategic management.

Case overview

Legacy and succession issues plague rising economies. Attracting the local talent to stay is becoming increasingly difficult. This is especially the case for the family run businesses and also local government lead industries. Many MNCs have to bring in their own qualified staff making that an added cost and a disincentive to work in Malaysia. Thus, Malaysia has been experiencing a brain drain. The case study explores the generational differences in retaining staff and the challenges of a global demand and war for top talent. This affects emerging economies that are competing to keep their top talent from being lured away by their competitors. Brain drain is occurring in almost all sectors, but the Malaysian accountancy sector is the most affected. In view of this issue, this case addresses the common challenges facing accounting firms which is talent management and succession planning. ABC Ltd, a fictional firm is one of the Big Four accounting firms (four largest international accountancy and professional services firms), chosen as the context. Jeremy Tan is a manager of ABC Ltd

Expected learning outcomes

This case is the basis for class discussion and group presentations. Students will be able to understand generational differences, apply strategies to recruit and retain high-potential talent, and develop awareness of issues regarding Generation Y in Asia.

Supplementary materials

Teaching notes.

Citation

Neubronner, M. and Lee, Y.Z. (2011), "Talent management and succession planning in emerging Asia", , Vol. 1 No. 2. https://doi.org/10.1108/20450621111149805