Chinese internet leaders are also HR pioneers

Where would you expect to find the world’s most innovative talent development program or a meld of big data and artificial intelligence
together predicting employee resignations with 95% accuracy? Your answer probably would not be China, but think again. While dreadful personnel management practices, as well as dangerous labor abuses, can still be found in the country, it would be a pity to ignore the innovation going on. Chinese companies have been the quickest to adopt new technologies such as big data, artificial intelligence and talent analytics. Their innovative human resources practices can bring a fresh perspective from one of the world’s most dynamic markets.

Read more: Nikkei Asian Review

Foreign observers comment on Xi’s report to 19th CPC congress: Role of talent development

In the last decades China has been building the foundations to become a modern and prosperous society. However, as suggested by President Xi Jinping in the 19th Party Congress, the rise of China depends on continued efforts in reducing income inequality and job creation. In my opinion it is good news that President Xi also addressed the importance of a world class talent development system to support China’s future. As an educator I look forward to continuous efforts in reforming and improving education for all in China.

Read more: China Daily

Meet China’s new tech giants: Alibaba, Baidu, Tencent and Xiaomi

Find out how Chinese tech giant Alibaba and its peers Baidu, Tencent and Xiaomi are giving Amazon and Google a run for their money. Google, Amazon, Facebook and Apple (Gafa) may still be the world’s largest technology companies, but a new generation of contenders is coming from the East. The Chinese giants are consistently on the MIT Technology Review’s list of smartest companies in the world. While Chinese enterprises were long written off as copycats, this has now become a bad joke. Gafa needs to be aware of BATX’s boundaryless business approach, leveraging a new way of organising and exploiting the benefits of both strategic planning and entrepreneurial decision-making.

Read more: The Telegraph

The rise of new technology giants from China

Google, Amazon, Facebook and Apple (‘GAFA’) may still be the world’s largest technology companies, but a new generation of technology contenders is coming from the East. Alibaba and its peers Baidu, Tencent and Xiaomi (popularly termed ‘BATX’ in China), not only lead but also create and disrupt markets. With a combined market capitalization of about $900 billion, incubating over 1,000 new ventures within a decade and an average annual growth of over 50 percent, they are showing their unprecedented growth and relentless ambition to the world. Did you know that Tencent’s WeChat has over 1 billion users worldwide? Xiaomi bested Apple in the Chinese market, just 4 years after establishment. Baidu is one of the big boys in artificial intelligence (AI), not less than Google and Microsoft. GAFA needs to be aware of the rise of BATX.

Read more: Financial Times (Chinese) China Daily

Changing China

The first response from my academic colleagues in The Netherlands when I announced I would study innovation in China in 2004 was, “That must be a short project!” Today the world is embracing China as an innovation nation, one where residents have a “ringside seat to entrepreneurial development”, according to Thinkers50. Facilitating the talent development of hundreds of elite students and next generation change-makers is my passion. Receiving multinationals eager to study new technologies and business models but also delegations from Silicon Valley entrepreneurs and investors is my contribution to building bridges — who could have thought that 13 years ago?

Read more: China Daily

Shortlisted for the 2017 Thinkers50 Radar Award

August 2017 Thinkers of the Month – A Dutch academic based in Hangzhou, China with a ringside seat on fast evolving developments in Chinese management and leadership, Mark Greeven is an associate professor at Zhejiang University’s School of Management. In addition, he is a research fellow at China’s National Institute for Innovation Management. Says Greeven: “Innovation does not come from guidelines or subsidies; it comes from creativity, entrepreneurial spirit and experimentation with allowance of mistakes and failures.”

Mark is on the 2017 Thinkers50 Radar list of 30 next generation business gurus and shortlisted for the 2017 Thinkers50 Radar Award.

Read more: Thinkers50 Q&A

2017 G20: China to deepen role in globalization by innovative global talent development

After successfully hosting the G20 in 2016, China’s participation in the G20 in Hamburg this year may prove an important next step to further integrate and lead important global developments. As former US vice-minister for energy Professor Terrance Sandalow vividly expressed during his Beijing trip last year, China is now holding a mirror to the rest of the world. China’s vision for an emerging world order may be less fiction and soon more reality.

Read more: China Daily

Biking 2.0: Innovations in bike sharing in China

You would think that the Netherlands as a biking nation is leading in smart biking technology. In many ways that is indeed the case but in one area the Netherlands is behind: bike sharing. In Chinese cities we can see the colourful shared bikes everywhere on the streets, predominantly driven by the widespread popularity of mobile payment solutions like Alipay and WeChat Pay.

Read more (in Dutch): Elsevier

New wave of digital entrepreneurs rises in China

The time when tech unicorns, digital disruptors and celebrity entrepreneurs came exclusively from Silicon Valley is long gone. A new generation Chinese entrepreneurs is quickly gaining strength. These new change-makers are digital natives, disrupting the world of industry incumbents, creating hero-entrepreneur identities and relentlessly pursuing growth.

Read more: Nikkei Asian Review

Talent development is key for innovation

The presentation of the Government Work Report during the two sessions in Beijing last week is always reason for discussion and reflection. As an observer and researcher of Chinese innovation for over a decade, I pay particular attention to the support and regulation regarding innovation. In recent years innovation has been a key strategic direction for reform, increase of productivity and overall economic development.

In this year’s report also we see innovation as one of the most important work items on the government’s list. Here I will assess both the two sessions’ attention to innovation and the press release by Minister of Science & Technology Wan Gang on March 11, 2017. In general, the policy is steering towards more openness and autonomy while lacking sufficient emphasis on domestic talent development for innovation.

Read More: China Daily