Your organization is planning to expand into the China market. As HR business partners, your CLC team has been asked to plan the market entrance strategy. Within your CLC team, create a proposal of on the following in 250 words
What recommendations would you make to ensure the company has the talent it needs to conduct successful operations in China? Consider the following:
1. Sending expats to China versus hiring local talent.
2. How to attract and develop both expats and local talent.
In doing some research, China companies are globalizing and they need to have global leadership programs to improve global and cross-cultural management skills.
Also, another HR issue China is facing is the problem of retaining talented staff over the long term. There have been rising wage inflation in different cities in China and this makes it hard to meet employees' increasing salary aspirations, and employees are often lured away by the promise of higher salaries or better career opportunities elsewhere.
Narrowing it down: Do you all want to focus on 2nd point for the HR issue? There are many we can add to this if you all like. Trying to get a focus area.