2 min readThis study, from Japan's Research Institute of Economy, Trade and Industry, entitled "Empirical analysis of the impact of aging of the workforce on innovation and productivity," should be of interest to people beyond Japan as the whole of the developed world is now facing an aging workforce and lower birthrates. The study used patent applications […]
3 min readIn today's global economy, businesses need to be able to find and hire the best talent from all over the world. This can be a challenge, but it's essential for businesses that want to stay ahead of the competition. Retaining Kestria gives you a significant edge in the war for talent. Our global network, deep […]
4 min readCareer transitions are inevitable in the dynamic world of business. As organizations evolve and new challenges emerge, so too must the skills and abilities of the professionals who lead them. I have coached and placed hundreds of executives over the years, and I know firsthand the challenges of making a career transition. One of the […]
4 min readInflation is the word of the day. Inflation has been the word of the day for at least a year. If it had to share the title with any other phrase, that phrase would undoubtedly be interest rates. Inflation matters to companies. P&L leaders worry about input costs and the ability to price products and […]
3 min readI hope this newsletter finds you well. As you know, Asia is facing a demographic crisis. The region's birthrates are declining, and this is having a major impact on businesses. In this newsletter, I will discuss the implications of declining birth rates for businesses in Asia. I will also share some tips on how businesses […]
3 min readIf you are a reader of our friends at Erudite Risk’s daily reports on Northeast Asia, you’ll recognize the theme of today’s newsletter: geopolitical tensions are driving a reshaping of capital flows, goods trade, and sentiment regarding Asia—and not in a good way. You’ll recognize it because Rodney Johnson, the president of Erudite Risk, has […]
3 min readLast week, there was a tragic stabbing incident in South Korea. A man crashed his car onto the sidewalk outside a busy shopping mall and then began slashing at people with a knife, injuring at least 14 individuals. The suspect was detained by police. Some of the victims are in critical condition, and an investigation […]
3 min readFor those in Korea, perhaps especially for those in HR-related roles in Korea, there is an obsession with demographics. And if there isn’t an obsession, there should be. That’s because as demographics go, so goes everything else. It is said that a country gets the systems—political, economic, healthcare, labor, etc.—that demographics allows it to have. […]
2 min readGreetings, a solid understanding of the direction the company is heading is crucial to making good HR decisions. Rightsizing—hiring and firing—and adjusting the mix of skills and capabilities of the workforce rely on a good understanding of the target market and the general direction that the market is moving. Now, more than any time in […]
4 min readNew technology is transforming the way we work, bringing with it unprecedented levels of efficiency, productivity, and collaboration. Advancements in artificial intelligence (AI), analytics, and the Internet of Things (IoT) are changing the business landscape. Companies that quickly innovate and adapt will gain a significant competitive advantage. In this article, we'll explore how new technology […]