As one of the fastest growing and most competitive markets in the world, China has been the ‘battlefield’ for companies in the search for talents. People, are after all, the backbone of any company looking to strive in this market. Today, many multinational companies (MNCs) realize that it is increasingly difficult to integrate an optimal… Continue reading »
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China’s War for Talent: Recruitment Challenge
Michael Maeder Historically, wars have in most instances been waged over resources, more specifically scarce resources. The term “War for Talent”, first coined by McKinsey & Company in 1997, revealed a global phenomenon experienced by companies that it will become increasingly difficult and costly to recruit, develop and retain personnel that will over time be… Continue reading »