China, ReThinkWhy Chinaneeds torethink itsmodernJourney tothe West− By Morry MORGAN
Total population of China, 2005 - 2050                          1600                          1550                        ...
致富光荣“To get rich is glorious”
21 year old
......
The 3 realities
LOW ENGAGEMENT
“   China has the lowest    engagement (17%) and    highest disengagement    (29%) of all regions    surveyed globally    ...
“   Mexico ranked highest    (75.8%) and China    ranked equal third last    (63%) alongside the UK                       ...
Employee Engagement Has Improved in China Employee engagement among Chinese workers, aged 14 and older, who are employed b...
HIGHTURNOVER
High Turnover         19%4%                Source: Roland Berger
High Turnover 36%  Jump after CNY                   Source: Zhaopin.com
POORMANAGEMENT
Poor Management                                                                       Stanford Global Manager Comparative ...
Poor Management           Source: Great Place to Work® ‘2012 Best           Companies to Work For’ Greater China
入乡随俗ENTER THE COUNTRYSIDE, FOLLOW THEIR CULTURE
Turnover of locals outside HQ country                                        42%                                          ...
“Huawei banned”   “ZTE banned”
Hire Romans
ToyotaAustralia    France        India         UK           USA             Daniele       Hiroshi                  James L...
SonyAustralia    France        India         UK            USA Michael    Stéphane Le   Kenichiro                 Jack Tre...
SamsungAustralia    France          India       UK           USASeung Ro                                Andy       Yangkyu...
HuaweiAustralia   France      India          UK           USAGuo Fulin   Leo Sun    Cai Liqun   Victor Zhang   Cui Jiangao
ZTEAustralia    France       India      UK          USAShi Lirong   Lin Qiang   Xu Dejun   Hui Jing   Cheng Lixin
HaierAustralia     France        India          UK         USA               RenéKeith Allen              Eric Braganza   ...
“Haier banned”
China, Rethink - Why China needs to rethink its modern 'Journey to the West'
China, Rethink - Why China needs to rethink its modern 'Journey to the West'
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China, Rethink - Why China needs to rethink its modern 'Journey to the West'

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Chinese companies are expanding globally. Large firms like ZTE and Huawei have already made their mark, but not in a positive way. Instead they are proving that there is no 'Chinese way' and 'Western way', but a global 'Best Practice'.

This presentation was delivered at TEDx Hult Shanghai on April 21, 2013.

P.S. If you liked the graphics, please contact Rio Li who is a fantastic PPT designer (http://www.linkedin.com/in/iamrioli)

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China, Rethink - Why China needs to rethink its modern 'Journey to the West'

  1. 1. China, ReThinkWhy Chinaneeds torethink itsmodernJourney tothe West− By Morry MORGAN
  2. 2. Total population of China, 2005 - 2050 1600 1550 1500 1450Population (in million) 1400 1350 1300 1250 1200 2005 2010 2015 2020 2025 2030 2035 2040 2045 2050 Year High Medium Low Source: projection results
  3. 3. 致富光荣“To get rich is glorious”
  4. 4. 21 year old
  5. 5. ......
  6. 6. The 3 realities
  7. 7. LOW ENGAGEMENT
  8. 8. “ China has the lowest engagement (17%) and highest disengagement (29%) of all regions surveyed globally ” - BlessingWhite 2010/2011 Global Employee Engagement ResearchLow Engagement
  9. 9. “ Mexico ranked highest (75.8%) and China ranked equal third last (63%) alongside the UK ” - Hay Group employee engagement indexLow Engagement
  10. 10. Employee Engagement Has Improved in China Employee engagement among Chinese workers, aged 14 and older, who are employed by an employer 2009 2012 Changed (pct, pts.) Engaged 2% 6% +4 Not Engaged Actively Disengaged 67% 31% 6%68% 26% +1 -5 GALLUPLow Engagement
  11. 11. HIGHTURNOVER
  12. 12. High Turnover 19%4% Source: Roland Berger
  13. 13. High Turnover 36% Jump after CNY Source: Zhaopin.com
  14. 14. POORMANAGEMENT
  15. 15. Poor Management Stanford Global Manager Comparative Study, 2009 4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0 South Korea Germany Sweden Canada Mexico Turkey France Poland China Japan Brazil Netherlands India Italy USA UK 1=worst manager, 5=best manager *Based on 18 management questions
  16. 16. Poor Management Source: Great Place to Work® ‘2012 Best Companies to Work For’ Greater China
  17. 17. 入乡随俗ENTER THE COUNTRYSIDE, FOLLOW THEIR CULTURE
  18. 18. Turnover of locals outside HQ country 42% 2009 30 28% 25 26% 2008 23% 20 2010 2011 15 16.1% 10 12.8% 11.4% 8.8% 9.1%Turnover % 7.7% 7.9% 8.1% 8.3% 5 6.8% 7.5% 5.6% Companies
  19. 19. “Huawei banned” “ZTE banned”
  20. 20. Hire Romans
  21. 21. ToyotaAustralia France India UK USA Daniele Hiroshi James LentzMax Yasuda Jon Williams Schillaci Nakagawa
  22. 22. SonyAustralia France India UK USA Michael Stéphane Le Kenichiro Jack Tretton Chris Bowen Ephraim Tavernier Hibi
  23. 23. SamsungAustralia France India UK USASeung Ro Andy Yangkyu Kim David Eberle BD Park Yoon Griffiths
  24. 24. HuaweiAustralia France India UK USAGuo Fulin Leo Sun Cai Liqun Victor Zhang Cui Jiangao
  25. 25. ZTEAustralia France India UK USAShi Lirong Lin Qiang Xu Dejun Hui Jing Cheng Lixin
  26. 26. HaierAustralia France India UK USA RenéKeith Allen Eric Braganza Duan Wei Shariff Kan Aubertin
  27. 27. “Haier banned”

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