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Random blog news

A few weeks ago I started to make some changes to my blog. I changed to the INove theme by author mg12. Not that I didn’t like the previous elegant Tarski theme by Ben Eastaugh and Chris Sternal-Johnson…but I sensed a change was needed and I also was going through a mood change myself.

Just recently I added two more RSS feeds: Mark McDonald’s Gartner Blog and ZDNet Asia Blog. This reflects my continuing journey toward the IT track away from the Program/Project Management side and also my continuing focus on Asia IT happenings.

For the latter, It’s been about 6 years or so in Asia first stop in Taipei Taiwan (lots of people get this confused with Thailand). Then recently in Hong Kong the past 16+ months here. Lots of changes personal and professional during these times. And at all times extremely thankful, because it’s been mostly been positive and growing experiences.

Overall, the Asian economies are doing relatively pretty well although not without suffering through it’s own structural changes. Companies continue to downsize tremendously – not least by the fact that the number of resumes I see are of extremely high quality and the number of recruitment firms chasing me for business – even those across borders. There are quite a lot of good human capital out there that’s “lost”. While not as bad as the US job and economy “titanicking”, it’s bad. The HR recruitment industry shakeout along with the FSI (Finance, Securities, Insurance) sectors is as ground shaking as the others.

I keep touch around the market to see how things are developing. Naturally the press would try to be upbeat and forward thinking but the ear to the ground is much more useful and predictive. And the news is certainly mixed. I’m starting to pick up a sense of predictive cycle and there’s some underlying dynamic forces at work which will show results in the coming 12-18 months I believe. We have China and India and everyone inbetween. The strong ones from Korea, Singapore, Japan will always be in the mix. The Europeans in Asia are probably healthier than their US counterparts (see Newsweek’s The Modest Superpower: How the financial crisis could leave Europe even stronger than America).

The key story continues to be China. It is still just growing and booming. It’s a juggernaut. Now, its impact within and without its borders is undeniable and where you sit colors your feelings about its impact. Surely the American whining of its currency manipulation policies is with merit, but by the same token, it’s a symbiotic relationship.

The 2009 year is ending soon and 2010 coming soon.

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  1. November 20, 2009 at 9:19 AM

    Glad to hear that things are looking up a bit in the Asia market. Perhaps there is hope for those of us who would like to move into that marketplace.

    I’m also sensing an improvement in the business climate in the US, although it is very muted so far. But there are some pockets of hiring (healthcare notably) and I no longer get a sense of disaster when I talk to people.

  2. December 1, 2009 at 9:37 AM

    Hi Don,

    Good to hear that. Any positive news is good as there’s been too little these days.

    Asia is growing and eventually focus on growth will find a breakthrough. Fundamentals here are stronger and intra-Asia trade is a lot bigger and healthier than many even know. Lots of US grads are coming here to find work. Its a good move to invest but they have the chance.

    For more experienced folks, its about finding the niche – combining need with experience. Often that’s in some kind of coaching/consulting. People need to upskill and they know that but its hard – like the chicken+egg problem.

    Cheers

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