With signs of economic recovery starting to appear, it is more important than ever to manage the retention of key talent, says Chris Hardy, EMA Partners South Africa

Most business leaders state that their biggest concern about recovering from the current recession is having the skills and capabilities in their organisations to take advantage of the opportunities to grow. So the question is; what must businesses do to retain their key people now that there is talk in the air of 'green shoots of economic recovery'?

We have studied the current research and spoken to a number of key people to find out. Whether you have or haven't been through a recession before, there has never been anything quite like the current period of economic turbulence.
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The making of an Indian multinational - Challenges in setting up business entities in new markets - by K Sudarshan, Managing Partner, EMA Partners India.

As multinationals turn their attention to growth economies like India and China, in the face of increasing domestic competition the traditional homegrown Indian corporation has to look at expanding their footprint to sustain and grow amidst severe competitive pressures. What is their survival and growth strategy? Build and compete on a global scale, expand into new markets and gain a foothold in the underdeveloped or developing markets. In industries as diverse as automotive, banking or even in services, Indian companies are charting ambitious global growth strategies. As more and more Indian corporations are embarking on such initiatives there are several challenges they face especially when it comes to staffing their international operations.  
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