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Hello? Anyone in HQ Listening?

 


Harvard Business Review | April 1, 2015



​Source: CEB and Russell Reynolds Associates

When leaders of multinationals based in the developed world talk about Asia’s high executive-turnover rate, they’re often fatalistic: Isn’t it an unavoidable by-product of high growth?

Not necessarily. Turnover is high because of specific factors that corporate leaders can affect, according to a survey by CEB and Russell Reynolds Associates of more than 1,000 Asia-based CEOs and other executives. These include a lack of confidence among local leaders that headquarters understands their regions and values their opinions. Although the long familiarity Indian executives have with Western multinationals seems to give them a relatively favorable view of headquarters, their counterparts in China, Hong Kong, and Singapore feel that corporate bosses aren’t listening to them.​


 

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Hello? Anyone in HQ Listening?