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October 16th, 2007 by Business China Editor
By Lucille Wu
Finding a common language
Working in China requires new HR techniques and practices, which take into account Chinese values and culture. HR professionals should collect and review employee data regularly in a culturally sensitive way to inform decision making (a theme which will be explored later in this document), which will help them develop successful employee attraction and retention strategies.
The importance of understanding candidates’ views are confirmed by the results of a recent Employee Engagement and Retention Survey, commissioned by Manpower China and conducted by Right Management. The survey sought the views of candidates that had left organizations and/or were actively seeking employment, and HR professionals’ views on the same questions. Read the rest of “Understanding Chinese Employees” or post a comment
October 15th, 2007 by Business China Editor
In the world’s fastest-growing economy, the last 10 years are not the best guide to the next 10 years.
by Edward Tse
“The test of a first-rate intelligence is the ability to hold two opposed ideas in mind at the same time and still retain the ability to function,” F. Scott Fitzgerald once wrote. He might as well have been describing the future of China. There are at least two prevailing views about this country’s emerging global identity. Believers assert that by 2030, if not sooner, China will be the world’s largest economy. It is already the fastest growing, averaging a 9 percent GDP increase annually over the past 20 years. Skeptics respond that its growth is bound to falter, soon, amid the environmental, social, and political problems brought on by rapid expansion. Read the rest of “China’s Five Surprises” or post a comment
October 11th, 2007 by Business China Editor
By Ernie Tadla
My parents loved my sister and me, and provided for our physical, educational, and religious needs. They did the best they could. In their desire for us to succeed, they criticized everything we did. They never gave positive recognition or approval no matter how well we did. I grew up in a critical and judgmental environment.
That same trend continued when I started working. Most managers played the cop role, correcting what we did wrong, and pounded us if we continued to get it wrong.
Newspapers, TV, magazines, radio all told us about what was wrong with the world and dwelt on human failings, whether it was with our leaders or the man on the street. Read the rest of “China Lesson Four: Face, it is all about respect” or post a comment
October 10th, 2007 by Business China Editor
By Yann Lombard-Platet
Recently I had breakfast with a friend in China. He asked me about the Internet, "Why should my company go on the net?" An easily answered question I thought, but there was more to it.
He totally trusted the Internet and believed that it can help his company achieve a lot in brand awareness and image. So, why the question? Turns out that the rest of his organization was not convinced of what the Internet can achieve and he is the only one who wants to go online. His next questions were, "What is the Internet interest in China? What would make the Chinese audience responds to what is on the net?" Read the rest of “The Internet Marketing Situation In China” or post a comment
October 9th, 2007 by China Business Success Stories
By Irv Beiman
Strategic management in China is a huge challenge. What is the strategy? How can we increase our revenue to hit ambitious growth targets? How can we be more efficient and make better use of our assets to maintain or increase profitability? Why should our existing customers continue to buy from us? How will we attract and retain new customers? Once we’re clear about the strategy, how can we communicate it effectively? How can we create the focus we need to be successful? Are we sure we’re right about how to win? If we’re wrong, can we find out soon enough to make the necessary adjustments? How can we manage our strategy effectively in such a turbulent domestic and global business environment? What are the strategic competencies that are critical for implementing our strategy and how can we assure we have sufficient capability in these areas? What is the software and IT infrastructure that will enable us to monitor our strategic performance and execute more effectively?
These are just some of the questions to be concerned about when managing strategy on the ground in China. As a participant-observer of strategic management in China for more than 10 years, I see evolutionary changes taking place. China has an expanding base of Read the rest of “Strategic Management in China: How To Be Fast And Focused” or post a comment
