As the global business environment continues to ‘flatten’ (Thomas Friedman’s term) how does it change India's search for talent?
Does globalization warrants a new set of business standards combining best practices from Western and Eastern cultures?
Korn/Ferry conducted a survey earlier this year to better understand how companies operating in China were responding to the current economic downturn from an organizational and talent management perspective. The results revealed that most are optimistic about the China market and rather than reducing headcount across the boards, the majority of companies were reviewing performance and releasing low performers. In addition, most executives considered assessment is a top priority, but only a third believe their China organizations measure leadership effectively.