Business has changed, specifically the relationship between management and employees. Once upon a time, companies offered careers—long-term, stable employment wherein the employee filled a narrowly-defined role. In past generations, it was common to spend an entire working lifetime at a single company, but now most millennials are ‘less loyal’ to employers, they go where their talents are valued. Edward E. Lawler III, Distinguished Professor of Business at the University of Southern California, expounds on the new model, which he terms “talent management”, a new paradigm focuses on the critical needs of a business, and finding the right people that can fulfill them.
Youngsters in China are looking for a more pragmatic approach to education that will lead to more money and a part to play in China’s much ballyhooed rise to a country of innovators. A 2014 report from iResearch, estimates that the number of online education learners in the country will surpass 120 million in 2017, an almost 80% increase in student numbers from 2013, and that online education revenue will more than double over the same period. Of all the sub-sectors within the online education industry, vocational education stands out as one of the key drivers of the industry’s future success.
Why are more and more companies—from Accenture to Deloitte—jettisoning the dreaded practice of the annual performance review.
From stats on online gaming revenues to tier-one home sales, the China data you need to know. Anyone travelling by subway in China will notice one thing: nearly everyone is busy with their smartphone. For some it is social media and for others it is games. It’s no wonder then that online gaming is soaring in popularity. […]
A Q&A with Zeynep Ton, author of The Good Jobs Strategy, on how four retailers make more money by paying above-average wages.
Linda Hill, author of Collective Genius, believes leaders should create a context in which people are willing and able to innovate
American entrepreneurship rates are not that good right now. But is the picture as bleak as it is made out to be?
Alan Krueger, former Chairman of the White House Council of Economic Advisors, shares his thoughts on the labor market, US economic recovery and the interplay with China.
You climbed all the organizational rungs and then hit the ‘Now what?’ question. Staying motivated is hard and here’s what can you do about the situation.
Long the purveyors of advanced skills and knowledge, Chinese sea turtles, or overseas returnees, are now finding a different environment back home.