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Companies look for senior executives, but with mixed success

November 6, 2018 by bizhub Leave a Comment

The country’s shift towards a globalised economy will be driven by the strength of its workforce, according to company Michael Page Vietnam specialising in search for professionals at middle management to leadership levels. Tamara Boonstra, its director, said: “Companies are grooming Vietnamese employees to step up to senior leadership positions.” Senior professionals with the right mix of expertise and experience in strategic thinking, digital media and business intelligence would be in demand and able to command the best compensation, she said. “They will ultimately be able to accelerate their career while making significant contributions to businesses in Viet Nam.” Multinationals and fast-growing local conglomerates and start-ups were specifically seeking senior leaders and chief executives with the right mix of insights and innovative business skills, she said. “In this market, Vietnamese language and cultural knowledge is essential. Local Vietnamese professionals are attractive to employers because they understand consumer behaviour and relevant strategies best.” Tran Xuan Thuy, head of seller operation at Lazada and country manager at Alibaba Vietnam, concurred with Boonstra, saying multinationals do want to recruit local employees for key positions, “But in Viet Nam, they cannot.” He, and others attending a round-table conference on how to build the capacities of senior executives in HCM City yesterday, listed some of the problems faced by companies in hiring Vietnamese for senior executive positions. Lazada and Alibaba Vietnam were examples of this inability to find local executives, he said, explaining “the number of professionals with expertise in the digital sector is not… [Read full story]




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