What is happening with the GenY leaders of the future in China and why is it important?
Posted by admin in Country Spotlight, Genera(lisa)tion Y, Leadership, Talent Management, tags: attrition rates in China, Chinese engineers, Chinese youth culture, Generation Y, GenX, GenY, Leadership in China, NetGen, talent gap, Y'ersSo much has been written already but what is happening right now and what do we need to be thinking about when it comes to the China’s future workforce?
Although China is experiencing a slow down in exports and property sales, it remains one of the least exposed countries in the financial crisis. Many hope that this will lead to closer ties and cooperation with the western continents and ideally support the IMF in the global crisis.
While many may fear China’s growing superpower, what would happen if China was not able to sustain its markets in years to come? Amazingly, with a population of over 200 million in the Generation Y age group, way outnumbering the 7% over 65’s, and 5 million graduates entering the market each year, China is still struggling to find the right talent, especially in key positions and with few top talents in the pool, the long term future of China’s leadership is still uncertain.
