In my previous post “A Hundred Years to Grow a Person,” I talked about the shortage of management talent in China, and how it has become a challenge for foreign investors as well as multinationals.
This is very encouraging news, since the No. 1 concern for U.S. companies doing business in China is talent. In the past, multinationals have to import talent from the States. Then there is a problem that senior executives have little understanding of Chinese business practices.
Given the growth in demand for foreign investment in China, it becomes absolutely critical for companies to have the capable mangers who are savvy both in the Western management style and the Chinese ways of doing business to compete and grow in China.
Well, perhaps it doesn’t take a hundred years to grow a person 🙂 .