Cornell University
Library
Cornell UniversityLibrary

eCommons

Help
Log In(current)
DigitalCollections@ILR
ILR School
  1. Home
  2. ILR School
  3. ILR Collection
  4. ILR Student Works
  5. What are the Key Competencies and Skills Required for Leaders in China for the Greatest ROI?

What are the Key Competencies and Skills Required for Leaders in China for the Greatest ROI?

File(s)
What_are_the_Key_Competencies_and_Skills_Required_for_Leaders_in_China_for_Greatest_ROI.pdf (2.21 MB)
Permanent Link(s)
https://hdl.handle.net/1813/74509
Collections
ILR Student Works
Executive Summaries on Current HR Topics (ILRHR 6640)
Author
Kovack, Kasey S.
Abstract

Developing a leadership pipeline was the number one strategic business challenge in the American Chamber of Commerce Shanghai 2010 survey, even ahead of increasing market share and new innovations. With local leaders replacing expats at astonishing levels, the development of Chinese managers is critical to success. For instance, an Aon Hewitt survey showed that between 2007 and 2010, the number of MNCs replacing expats with locals nearly doubled to 46%. In addition, MNCs in China experience turnover rates 25% above the global average with the average retention period of a middle manager in Shanghai amounting to less than two years. The fact that highly skilled leaders can expect up to 40% increases in salary at a new organization certainly encourages turnover. While employee development can act as a retention tool, programs should be systematically focused on key competency needs to ensure the continual development of a strong pipeline.

Date Issued
2015-04-01
Keywords
human resources
•
China
•
competencies
•
skills
•
return on investment
•
ROI
•
leaders
•
business development
Rights
Required Publisher Statement: Copyright held by the authors.
Type
article

Site Statistics | Help

About eCommons | Policies | Terms of use | Contact Us

copyright © 2002-2026 Cornell University Library | Privacy | Web Accessibility Assistance