Strong HR functions are focused and accountable, and produce measurable
results. They not only create and oversee the processes and programmes that
attract, motivate and retain employees, but also predict and respond to
workforce trends to ensure that the business maximises growth potential.
This year we covered emerging themes including the increasing role of big
data, analytics and HR technology. We also focused on sustainability and
innovation of people programmes.
- Attraction and retention challenges for key talent will continue across
Asia Pacific. Those that will succeed will need to target their employee
value propositions (EVPs) to specific employee segments, as if they were
consumers. Lastly, never before has the delivery of HR programmes been as
important. The role of HR will continue to evolve in how they organise
themselves, how they deliver programmes and in how they lead change.
- The engagement partnership is evolving into a new approach. Employers
must have a better understanding of their employees, measurement engagement
including other factors affecting it and drive organisational initiatives.
On the other hand, employees must understand what drives their own
engagement, measure their engagement on these drivers and make individual
- To become an evidence-driven HR function you must know your business
priorities, use as many data sources as possible, move away from pure
metrics reporting, your analysis should be linked to business challenges and
provide insights with implications on business outcomes.
About the summit
Towers Watson Annual Summit is one of Singapore’s preeminent corporate HR
events. It was held on 6 November, 2014 at the Singapore Marriott Hotel. This
year’s theme Future of Work: Beyond 2015 Innovate •Transform • Sustain
attracted over 300 participants including HR Leaders, CEOs, COOs, CIOs and
General Managers from Singapore, Indonesia, Malaysia and the Philippines.
The summit was divided into two parts: the plenary session where we shared
the results of three of our most anticipated studies:
On the other hand, during the breakout sessions the participants were given
an option to choose two topics of their choice out of three topics - Sustainable
Rewards, Sustainable Talent and Sustainable Technology.
Our guest speakers
- Charlton Ong, Vice President, Human Resources,
Singapore Telecommunications Limited
- Gyan Nagpal, Chief Executive Officer, PeopleLENS Global
- Paul Simons, Regional Director, Performance, Reward and
Systems, Prudential Corporation Asia
- Laurence Smith, Managing Director HR, Group Head of
Learning and Talent, Development, DBS Bank Limited
- Alexandra Roza, Head, Talent Solutions Product
Consulting, Asia Pacific, LinkedIn
We also gave away five complimentary passes to our Asia Pacific Data Insights
Summit to the lucky draw winners. Special prizes were also given to the best
Tweet and best selfie via our live Twitter feed.
How Towers Watson can help
When it comes to talent and compensation management, Towers Watson brings
together its global strength, human capital expertise and world class
Human capital consulting
Our human capital consultants have the experience to create significant
business value. With deep insight into complex issues, we design and implement
programmes tailored to meet your global and local needs.
Our consulting solutions range from strategy development to highly advanced
workforce planning and optimisation. They are delivered by consultants – around
the globe – with a keen vision for solving business problems and a history of
innovative solutions. We start with your business objectives and then develop a
tailored solution to meet your specific needs, such as:
- Developing and defining a human capital strategy and its architecture.
- Designing, implementing and delivering a total rewards and talent
- Leveraging technology to achieve effective ongoing delivery.
Talent|REWARD: Towers Watson’s world-class software suite
Optimising programme design is a powerful first step. Next is unifying
processes and user collaboration with intuitive technology. Built by global HR
experts, our world-class Talent|REWARD software automates your talent and
compensation programmes. And because it is modular, flexible and scalable, it
enables full integration. With over three million employee records, at hundreds
of companies worldwide, Talent|REWARD is used to perform:
- Performance management
- Career development
- Learning management
- Succession planning
- Job levelling (Global Grading System)
- Job levelling (Career Map)
- Market analysis
- Compensation design
- Compensation planning
Towers Watson’s consulting and technology solutions continue to serve the
needs of our many clients. With 15,000 associates across the globe, we have a
phenomenal presence and our success and stability is well recognised:
- Our groundbreaking talent management and employee engagement research
provides insight into best practices across borders and industries and
informs our recommendations. We maintain one of the most comprehensive
normative employee databases in the world.
- Our reward and talent management technology serves hundreds of clients
with millions of employee records, and is backed by the strength of an
organisation that has been doing business for more than 130 years.
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