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Case Study
Maersk's Global Challenges in China.
@evans
1. Why does human resource management represent one of the major challenge faced by foreign companies entering the Chinese market.
1
- Abundant cheap labor, rapidly declining
- Personnel costs rising
- Availability of qualified manager
2. What are the main issues expat managers generally face?
2
- Cultural fluency
- Language skills in complicated Chinese business environment
- Little cultural knowledge when organizing banquet.
3. Why don't foreign companies simply hire local staff instead of reaching out for foreign managers?
- Expensive
- The process is slow
3
4. What solutions Maersk and other international corporations have adopted to deal with their human resource management issues?
4
- Move part of their business futher west
- Labor cost are lower
- Better educated, English-speaking younger staff
- More than 2000 people with the average age of its employes no higher than 25.
5. In your opinion, what are the advantages of hiring an expatriate to lead Maersk in China?
5
- Proficient mastery of English as a business language
- Understanding company culture
- Effective communication skills
- Strategic thinking and planning skills
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