Strength Through Diversification: Opportunities across Asia Pacific

CLOSING THE PRODUCTIVITY GAP

It is acknowledged that this productivity gap is not specific to Asia Pacific, but it does highlight where companiesseeking to expand in the region should direct at least some of their attention. Inevitably, supportive government policy is often seen as a solution but there are a number of options available to private enterprises. In the first instance, this includes investing in capability building to improve capacity, quality, and lead times. In addition, greater focus on analytics should be made to identify where the greatest advancements can be made to maximise return on investment. Developments are likely to be multi-speed between markets and companies, which should be considered by corporates looking to both enter or expand in the region. remains. Although a broad statement, according to the World Bank, labour productivity in emerging markets / developing economies is just under 20% that of advanced economies. The Asia Pacific region has strong growth fundamentals, but a productivity gap between the region and both Europe and the U.S.

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STRENGTH THROUGH DIVERSIFICATION: OPPORTUNITIES ACROSS ASIA PACIFIC