Description
The Chinese market is a glittering prize for foreign companies, but
those that hope to prosper need to be aware of a complex labyrinth of
government, labour and cultural forces, according to research from
Australian School of Business professor Stephen J. Frenkel and PhD
candidate Chongxin Yu. Business plans and HR strategies must adapt to
the local context and ties with authorities at all levels need to be
maintained. Frenkel suggests that returning Chinese students educated in
Australia may offer a new bicultural management model for Western firms
because these graduates have the advantage of “knowing their own
culture, but also knowing us”.
When a quarter of your workforce is heading for the door, it's time for
some serious strategic thinking. One Australian organisation is tackling
the outflow of thousands of mature-age workers by 2015 with a series of
policy changes and initiatives that not only glean vital information
for the...
Published 05/01/19
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The global financial crisis delivered new opportunities to re-engineer the workforce with an increased focus on flexibility for both employers and employees. But dangers lurk in the short-term cost-cutting approach embraced by many organisations. The arrangements – and, in some cases, the...
Published 05/01/19