POD608 Competing through people

China today is probably one of the most competitive markets in the world. It is not the low-cost economy it used to be, and many local and foreign companies are facing the challenge how to build and maintain competitive advantage in a rapidly changing environment - with a permanent shortage of talent.
How can HR increase the company capability to compete? The best Chinese companies can provide some useful lessons. How can HR add value?
A good example is Haier Group, a Chinese company that grew aggressively over the last twenty years. Starting in 1984 with 100 employees, Haier today is the world’s third largest home appliance producer. CEO, Zhang Ruimin says, "We must think about talent management and performance management. How can we change the mindset of the employees to get the results we need?"