Abstracts » Business, international

Hubbing takes off in Asia as a way to centralize operations

Article Abstract:

Asian multinational companies are consolidating operations and setting them in a few key hubs. The move is in line with the companies efforts to cut costs and remain competitive in a tough marketplace. Multinationals are already familiar with the benefits of establishing hubs than their Asian counterparts. The centers provide centralized work on human resource management and invoicing. US-based DSF Group Ltd and BASF are some of the multinationals that have implemented centralized operations.

Strategy & planning, Multinational Corporations, Management, International business enterprises

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Chief executives in Asia find listening difficult

Article Abstract:

CEOs in Asia need to pay more attention to the needs of their work force. Unfortunately, most CEOs in Asia are unwilling to do this, choosing to rely instead on employee questionnaires which reveal little about worker needs. According to business consultant Steve Morris, Asian leaders have to recall that their workers accord a higher premium on their organization's reputation than they do on their specific jobs, an attitude which contrasts sharply with the attitudes of Western workers.

Personnel administration, Business Personnel Management, Analysis, Human resource management, Beliefs, opinions and attitudes, Chief executive officers, Employee motivation, Asians

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Employers brace for rising wages in parts of region

Article Abstract:

The ongoing recovery of the Asian economies will result in an increase in wages for the region. The increases, which analysts say will not reach precrisis levels, are reflective of the enhanced recruiting effort being conducted by several firms on the continent. A report on Asian compensation trends projects a 4% increase for salaries at all levels in 2000. The telecommunications industry, particularly in Singapore, is expected to lead in salary gains.

Forecasts, trends, outlooks, Wage Administration, Compensation and benefits, Compensation management, Corporations, Workers

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