Meanwhile, the issue of managing IT talent is a common theme raised by two CIO speakers at the Workshop. According to UOB's managing director & head group technology & operations Susan Hwee, the rising rate of salaries in the neighbouring countries is creating management challenges. This is making the industry-wide practice of offshoring work to the region increasing unviable. Another issue in the region is that the "skilled staff have high international mobility, resulting in a limited pool of management depth," she said.
Frank Chou, CIO of China National Chemical Corporation, had to cope with a lack of talent even in a populous country like China. It is hard looking for people with specific skill sets, he said. One common occurrence in China is that "people are put in a position before they are ready," he noted.
Other speakers at the CIO Workshop include Kishore Mahbubani, dean, Lee Kuan Yew School of Public Policy, National University of Singapore, who talked about China and India's economic powers and Accenture's Michael who shared emerging technology trends that will impact enterprise IT from the Accenture report Technology Vision 2012.
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