China

The Importance of Quality Standards in China

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Boyden: US Retail & Consumer Leaders Prepare for AI

Boyden finds US retail & consumer leaders feel less prepared for AI age vs. executives in China and Europe in a new survey.

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Russell Reynolds Associates: Being a Better Board - Why and How Western Corporate Boards Need to Appoint China Experts

Russell Reynolds Associates, a leading global search and leadership advisory firm, today released a white paper, "Being a Better Board: Why and How Western Corporate Boards Need to Appoint China Experts." The paper examines the growing need for China-focused experts as companies seek to expand their global competitive advantage.

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Boyden: Five Things to Know When Negotiating Business Deals in China

Boyden shares an article that gives insight on how to negotiate business deals in China.

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Korn Ferry: Chinese Fishing Village - Future Global Tech Hub?

Mike Distefano, chief marketing officer and chief operation officer of Korn Ferry, Asia Pacific, dives into how Shenzhen, China, has become a gleaming tech city.

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Russell Reynolds Associates: Six Dilemmas Facing Multinational Companies in China

When it comes to hiring senior executives in China many MNCs struggle to appoint the best candidate. The growing trend within multinational companies is to appoint local talent, but experienced local talent is hard to find at senior levels. At the same time, expatriates who have strong leadership experience lack market knowledge.

 

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Russell Reynolds Associates: How to Develop China’s Next Generation of Strategic Regional Leaders

A study from Russell Reynolds Associates on the candidate pool in the China market indicates customer services and functional roles are filled by Chinese locals, positions such as general management, strategic planning and marketing still are predominantly filled by Westerners. In the past the main reason behind the localization was cost savings, while nowadays, the salary gap between locals and Westerners has diminished.

 

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Russell Reynolds Associates: Sea Turtles Who Swim Out Again

Ben Zhai, managing director of Russell Reynolds Associates, was quoted in the Financial Times. In the article, he discusses trends within the Chinese business sector. He notes how western multinationals have begun localizing management, but few have localized decision-making.

 

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Spencer Stuart: Talent Considerations for Internationalizing Chinese Enterprises

The Asia Pacific region has become a producer of top talent, which has significantly increased the size and diversity of the talent pool. Not only is the region producers of top talent, many Western executives are drawn to the region because they view it as critical to their career advancement. Spencer Stuart finds that while companies have more options, the diverse talent pool makes it more challenging to evaluate candidates who would be the best fit.

 

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Spencer Stuart: The CFO in China: Balancing Speed with Precision

A report from Spencer Stuart finds that all the growth in China has been a challenge for chief financial officers, who have the reasonability of evaluating business opportunities.  The challenge for the CFO arises especially when deciding which opportunity to pursue when it comes to the digital experience. Consumers have high expectations with respect to accessibility and speed. This requires companies to reach consumers through various channels because if one company fails to respond to consumer demand another company will step in and seize the opportunity.

 

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