Editor’s note: This was contributed by Elliott Zaagman, a trainer, coach, and change management consultant who specializes in aiding Chinese companies as they globalize. He uses a comprehensive 4-dimensional model that enables organizations to take a holistic approach to global readiness, from the inside out. To contact him, check him out on LinkedIn, or scan the QR code at the bottom to connect with him on WeChat.

This is an exciting and fascinating time to be in China, especially in the internet and tech space. As the technical capabilities of internet giants in Beijing, Hangzhou, and Shenzhen now rival those of Silicon Valley’s major names, Chinese firms are playing less of a game of catch-up with the West, and are increasingly battling to see who can innovate faster. Many of these firms are also making substantial inroads into foreign markets, backed by strong government support through initiatives like the Belt and Road. Amidst these trends, the very foundations of businesses and economies in China and all over the world are being transformed through the advent of big data, analytics, and AI.

I believe one central competency will be a powerful determining factor in deciding which Chinese companies succeed and which ones fail: how they manage their people. However, at this point, it is a widespread opinion throughout the HR field that while financial and technological capabilities of Chinese internet and tech firms have grown rapidly over the past decade, progress in people management has struggled to keep pace.

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

What you get

Full access to all premium content and our full archives

Members'-only newsletters

Preferential access and discounts to all TechNode events

Direct access to the TechNode newsroom

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

Guest Editor

TechNode Guest Editors represent the best our community has to offer: insight and perspective on how technology is affecting business and culture in China