Ten finance chiefs from leading local and global corporations recently sat down to discuss lessons learned from the economic recession, all agreed that the most valuable realisation was that the finance function needed to make a swift move from focusing on the back office to being involved in the frontline.
Recruiting was a recurrent theme with most organisations agreeing that a recession should not necessarily halt hiring for firms seeking growth post downturn. The forum highlighted that many organisations are now leveraging their experience of doing business in China by encouraging Hong Kong staff, who have been living and working on the mainland, to return to the SAR. There has been an increase in the number of temporary and contract roles currently available in the market providing companies with a strong solution to maintain employee satisfaction and foster a positive corporate culture rather than successive hiring and firing exercises.
Paul Arkwright
Publisher
