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MGI 301

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Kirti kumar Sharma

on 26 April 2010

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Transcript of MGI 301

MGI 301
China fishing in pool of global talent Kirti Kumar Sharma
Jing Lin
Presented by : Main Learning Points : Fight brain drain effect by recalling lost talent
Convince the talents to return for new opportunities
The Competition for Human Resource
Brain Drain : What Is Brain Drain?
What Causes Brain drain?
What are the effects of brain drain?
Reverse Brain Drain Video: Talent return: Impact on career Ding’s story --- 40 years old Physics professional
Physics professor at Boston College
18 years teaching & living in U.S.
Returning for helping China’s innovation in manufacturing hub to world leader position

“Most people were shocked, they thought staying in U.S was good for my career, but I want to contribute my basic science research going on in China.”
“The beam line projects I am working on now will be top quality and are ahead of the US by at least two years. China can now compete for the world's top talents, the government has offered tremendous support.”
Talent return : Impact on life: Lifestyle changing of Zhou Xingjiang
Faculty member at Stanford University in California 4 years ago
Large house with three cars
Currently working for CAS institute of physics in Beijing

“Life was fine in the US but it wasn't enough,” quote by Zhou
Dream of running his own laboratory, and had also been dismayed at the reductions in funding for scientific research in the US during the George W. Bush administration
Invent the world's top angle-resolved photoemission spectroscopy equipment – “something I can’t do in U.S.”
Talent Pool : Overseas ----1,000-Talents Scheme launched in China

Aim at transmit China into a world leader in innovation

The package to lure workers includes a 1-million-yuan ($147,000) relocation allowance and other support

It’s attractive enough to convince an established scientist or researcher to give up their tenure, also by giving their children international schooling.

Chinese Academy of Sciences (CAS) The government's recruitment scheme has been a success, proving us the people and resources we need the most--- Sun Mu, deputy director at the CAS institute
This academy, as one of the ministry-level agencies in the program, has already received applications from more than 80 leading minds plying their trade overseas for the second round of recruitment.
Since the opening up and reforms policy in 1978, millions of Chinese students have flocked overseas for further education. The number of Chinese-born talents living in Europe and the US has swelled to such a level the government has a massive pool to draw from and reverse the brain drain effect.
The people come back at their 40s or 50s at their prime of career, and the CSA wants the best minds.
‘‘For many Chinese English-speaking elites, the major reason they return is that they think it’s time for they to contribute back to the country ’’ mentioned by Bureau of Personnel and Education in CAS.

Global competition for HR : Switching to innovation based economy , China competes with the most advanced nations by attracting back its talent brains.

China's leaders have made filling the country's pool of talent a priority in recent years in a bid to reverse its long-term lack of sufficient input in science and innovation.

United Nations statistics show that by the end of 2006, around 30 countries had revamped their immigration policies to attract the world's leading minds, 17 of which were developed countries.

Questions? Main Points : Fight brain drain effect by recalling lost talent
Convince the talents to return for new opportunities
The Competition for Human Resource
Full transcript