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Nearly half of APAC CIOs say flexible working policy opened door to wider talent pool

23 November 2023

Nearly half of APAC Chief Information Officers (44%) believe that having a flexible working policy has opened the door to a wider pool of highly skilled individuals, according to research from Expereo.

The research showed 42% of APAC CIOs say their team is now based in different countries/markets, versus the global average of 38%.

The nature of work has changed, and over half (51%) of APAC CIOs believe flexible working is the key driver for retaining and recruiting the most skilled employees. Meanwhile, nearly a third of APAC CIOs (32%) have admitted to hiring someone into their team that they have never met in person.

According to the research, working three days in the office or less is now the new normal for almost three-quarters (73%) of businesses in APAC, with almost half (44%) of APAC CIOs believing the increased demand for hybrid/remote working is being driven by cost-of-living pressures. Having said that, 29% of APAC CIOs expect to see an increase in the number of days they expect people to work from the office. According to 30% of respondents, this is due to productivity concerns with employees working from home; 30% also said home connectivity issues for their employees have a consistent impact on productivity.

However, the trade-off of access to more and better skilled employees is that, for many APAC CIOs, ensuring application performance across multiple locations (43%), and providing 24/7 support across multiple time zones (34%), are putting pressure on their teams.

Eric Wong, Head of Asia Pacific at Expereo said,"As organisations in Asia Pacific expand their footprint globally to drive growth, they must address the complexities and obstacles involved in meeting the changing needs of a global workforce. More people will now work from different locations and it's crucial for the business to have the capability to adapt the dynamics of the network quickly to cater to diverse connectivity needs."

Wong continued, "The key to doing so is having the right technology in place to facilitate connectivity and collaboration in a remote working environment. Ultimately, hybrid working is all about staying connected and enabling interaction with colleagues and customers, regardless of where you are in the world."

For CIOs in APAC, the top three barriers to delivering global growth are the usage of legacy systems (36%), lack of local knowledge (36%) and understanding at the Board level of technology challenges (36%) instead. More specifically, finding the right mix of business and technology skills was revealed to be the most challenging thing for 42% of APAC CIOs to recruit for.

Almost a third (32%) of APAC CIOs say that finding the right competencies for their team in governance and regulatory compliance is a challenge, while expertise in growth technologies such as data analytics (44%), cyber security (43%), AI/ML (40%), and App development (40%) top the list as the most challenging skills to recruit for.