The paper “ Workforce Management in China and the United States” is an excellent example of the case study on human resources. Although multinationals are struggling to make massive investments in China and the US, they are struggling to discover the best ways of doing so. The supply of top talent leadership to manage these initiatives is an important consideration for organizations wishing to establish a presence in either China or the United States. As such, organizations expanding into these markets are struggling hard to recruit top skilled people, integrate them quickly, develop their talents, and retain them for long.
Nevertheless, it is not easy to find armies of experiences and skilled employees in either country. To realize the global competitive advantages, organizations need to invest in booming markets but most importantly, they need the services of top quality talents. Essentially, it is a tremendous challenge for human resource managers to create the next generation of global leadership. Already, many organizations have identified and applied best practices for successful workforce management in both developed and developing countries with success. Nature, Overview, and Issues Related to Workforce Management in ChinaFor close to three decades, the Chinese economy has achieved an average annual growth rate of 9% and this has helped lift millions of people out of poverty to create a new middle class.
By mid 2000s, China was attracting foreign direct investments at a very high rate. Still, this emerging economic power continues to attract large numbers of foreign investors hoping to take advantage of the country’ s skilled and relatively inexpensive labor (Leggett, 2000). Moreover, the Chinese economy is expanding its markets for everything from small home equipments to jumbo jets.
China has also witnessed a relatively smooth political evolution, one that is characterised with the emergence and successful implementation of socialism with Chinese elements. This unique mix of capitalism and communism has allowed enterprises (both private and public) to prosper under the watchful eye of the state.
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