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Jakarta Post

Crusade for talent recruitment and battle for retention

  • Nidya Ramalia Novita

    Jakarta

Jakarta   /   Thu, January 14 2021   /  01:00 am
Nikolai Grunin, an employee at NtechLab, the company that won the city's tender to supply the facial recognition technology, demonstrates the technology during an interview with AFP on Feb. 5, 2020. A vast and contentious network of facial-recognition cameras keeping watch over Moscow is now playing a key role in slowing the rapid spread of coronavirus in Russia.(AFP/Kirill Kudryatsev )

COVID-19 has propelled many companies and businesses into survival mode amid uncertainties, a volatile economic environment and a pandemic. There has been a strong appetite for a merger and acquisition (M&A) deal since the World Health Organization declared the COVID-19 pandemic in March 2020, according to a Deloitte M&A report. We are in an era when organization models are marked by digital disruption, spinoffs and M&A. Indonesia is the largest and fastest-growing digital economy in the ASEAN region. Arguably there are more tech unicorn companies in ASEAN than other regions. The majority of these can be found in Indonesia, with five technology companies worth over US$1 billion – Gojek, Bukalapak, Tokopedia, OVO and Traveloka. This analyzes the aspect of people and talent during and after the M&A deal of technology companies. I believe this topic is important ...