Talent Bulletin

Applying Talent Mapping and Business Intelligence in the Acquisition Process
Although acquisitions are generally accepted as having enormous potential for growth that would not have otherwise been achieved through gradual organic development, their rate of success is low and they are a risky and expensive method of growing a business. With high staff attrition rates, differences in decision-making and difficulty integrating disparate cultures, it is no surprise that studies have shown that nearly 66% of companies lose market share in the first quarter after a merger. By the third quarter post-merger, the figure rises to 90%.
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Top Prospect: In This Day and Age, Everyone Can Be a Recruiter
Social media has undeniably changed the way organisations, communities and individuals communicate, allowing for the increased exchange of information and user-generated content (UGC). This has taken place noticeably in recruitment. Recruitment was once a process that required recruiters or job boards to facilitate the match-making between companies and candidates. Now, individuals and companies have much more resources at their disposal to market themselves and use their personal and professional networks to aid this process.
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Management Terminology: Do You Even Understand Yourself Anymore?
It has become commonplace in corporate language to replace direct and straightforward expressions with difficult to understand and impossible to measure terms.
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Go West! Extension of Tax Incentives for the Go West Campaign
On July 27th, 2011, the Ministry of Finance, the General Administration of Customs, and the State Administration of Taxation jointly issued guidance setting out the corporate income tax (CIT) and import duty incentives available for enterprises in the western regions of China. The latest change introduced reduces the corporate income tax rate for businesses engaging in industries that China wants to promote in the Western provinces.
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Update - The PRC National Social Security Law and How It Impacts Foreign/Overseas Workers
This past summer, a national social insurance scheme was passed which technically went into effect on October 15th, 2011, requiring foreign workers and their employers to contribute to a social security fund in respect of pension, medical care, work-related injury, unemployment and maternity insurance under PRC law.
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Tapping into Social and Digital Media for Recruitment
On August 19th, Burberry brought a fragrance sampling campaign to Facebook. Its eight million fans who have “liked” the Burberry page are being engaged by the Burberry brand through receiving free samples ahead of its September release. To date, it is the highest number of fans for any luxury fashion brand’s Facebook page.
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Competency-based or Structured Interviewing
Selecting the right staff is critical to your business success. It is a notable fact that the wrong selection of management and leadership executives will lead to a rapid and widespread disengagement of your human capital.
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The Changing World
Talent acquisition is transforming at incredible speeds. The way we source and reach out to talent is being reshaped and revolutionized.
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The Development of Rencai – China’s Talent Ambition and Its Implications
On June 6th 2010, the Central Committee of the Chinese Communist Party (CCP) and the State Council jointly issued a National Medium and Long Term Talent Development Plan (NTDP), the first national comprehensive plan in China’s history of human resource development. It is part of China’s vital reexamination of its 30-year ...
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The Amended China Individual Income Tax Law – Effective September, 2011
The Individual Income Tax (IIT) Law was approved by the National People’s Congress in June and will soon take effect on September 1st 2011. From what can be seen, the IIT reform will give tax relief to low and medium income earners while subjecting high income earners (which most foreign expatriates ...
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Is Marriage an Opportunity for Further Engagement?
In business, marriage occurs prior to engagement. The wrong marriage decision will prevent engagement, failure will therefore be much more likely. In the case of a dis-engaged leader, this will filter down into their team and set back progress and competitive advantage. In increasingly competitive global markets, no business can afford ...
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New Expatriate Social Insurance in China
Foreign companies in China face significantly higher costs because of a new social insurance law that will apply to expatriate employees for the first time from July 1. China's first national social insurance law could require companies employing foreigners to pay up to Rmb4,324.56 ($667) per month in social insurance contributions, to pay for things like ...
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Transformational Leadership
The definition of management that is generally accepted is the process of "getting work done through the efforts of others." One of the major difficulties of well intentioned manager is to get the time to sit down and actually think about their roles, core responsibilities , and their own personal ...
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The War for Talent : Attracting and Retaining Key Staff
The War for Talent continues to be fought. The increased strength and attraction of emerging economies brings a greater number of battlegrounds where companies must fight for talent. It will become even more difficult to attract and retain the best performers, over the next five years. This is because the leaders of existing organizations are approaching retirement at a time when the labour market is shortening. 40% of organizations lack a succession plan. America alone is expecting a retired population to increase from 35M to 70M from 2008 - 2015 as the "Baby Boomers" retire. The growth rate of China's working population will reach zero% shortly after 2015 ...
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Is International Talent Losing its Lustre in China?
It appears that international talent is commanding less of a premium in China in 2011. In 2010 there were 45 million native Chinese living outside of China according to the Overseas Chinese Affairs Office of the State Council. In 2009 more than 200,000 Chinese nationals returned from abroad - many with international business experience. This represented a 56.2% increase on 2008 according to the Ministry of Education ...
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China to Lead World in Innovation by 2020 - Survey
According to a recent public opinion survey, China is set to become the world's most important centre for innovation by 2020, overtaking both the United States and Japan. The shift is not because the United States is doing less science and technology, but because countries like China and India are doing more -- a fact reflected in a spike-up in successful Asian research efforts in recent years ...
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Achieving Competitive Advantage through Talented People
Business performance is achieved through people. Outstanding performance is achieved through outstandingly talented people. When talents emerge you need to nurture them and give them the opportunities to grow and contribute to the business ...
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Recruiting Talent for Emerging Markets
As companies have become truly global in their operations (i.e. having operations in many countries rather than just selling internationally from a home base) companies have needed to develop an international cadre of management both for their overseas operations and at home base ...
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China Passes New PRC Social Insurance Law
On October 28th, 2010, the Standing Committee of the National People's Congress has promulgated the "PRC Social Insurance Law". The Law will come into effect on July 1, 2011 ...
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