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The Long Soft Fall in Chinese Growth: Implications for the CHRO
December 2014 | Publication
Talent is undisputedly a top priority for MNCs operating across the world, as seen in consecutive results of The Conference Board CEO Challenge® survey. Year after year, human capital ranks in the top five challenges if not first or second. So as China's economy—the biggest in the world according to a recent report by the International Monetary Fund—slows down, chief human resources officers have their work cut out for them. The slowdown will affect not only the availability of talent but the mindset of the Chinese workforce. This functional summary frames China's slowing growth for the CHRO to help guide talent leaders through this unprecedented time of change for China. Understanding the business environment as it evolves with the slowdown will be key to positioning companies for success despite these unique challenges.