Corporate Executive Board Marks Inaugural APAC CEO Summits

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.

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