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Talent Development In China

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Chapter2- Managing Talent
Developing the Chinese market is a top priority for many multinational companies. This is no longer just a high-growth market, many companies have quite vainly put, been doing "moon-shots" here, or in other words, experiencing growth in astronomical proportions. Across industry sectors, however, they face a common obstacle - attracting, developing and retaining the local Chinese talent needed to accomplish this goal. Global firms realize the importance of having local leadership in tune with the idiosyncrasies and rapid shifts of the Chinese and the international market.
Multinationals are driven to hire staff from within each target market primarily to gain access to knowledge of new regions. In China this scenario has driven many …show more content…

Because there's scarcity of talent and most companies can't afford to wait long to find the right candidate before someone decides to leave.
Talent Development:

(Expand points) talent development: growing Chinese leaders. A company in china may develop a great leadership method, however, when the leader goes to a new country, they are not supported by them. for example, when a foreign leader comes to china, he's facilitated well. received from the airport, makes them well accommodated, but if he goes to america, he'd just be handed an address and that's not wrong, that's just the cultural difference. America prides itself on being independent and China is more rooted and family-centric that way China has the biggest talent pool therefore some of the best future leaders are here. we just have to equip them with the rightskills. generally speaking chinese people are shy, and quiet and does not speak out first. charles is chinese, speaks english, went to netherlands to do his masters. couldn't follow accent, slang. there are little subtleties that foreign companies don't realize when they send chinese talents

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