China recruiting most senior executives globally
It is learnt from the Sate-owned Assets Supervision and Administration Commission (SASAC) of the State Council on the 14th that China has formally commenced the recruitment of senior executives for central gov’t-owned enterprises (CGE) from home and abroad. A total of 26 executives will be hired, which is the largest number of its kind to date. The soon-to-be first round recruitment will fill ten positions.
These ten posts are seven deputy general managers (deputy director generals and vice presidents) and three general accountants. There are three features in this year’s recruitment. First is the recruitment of a few each time but many more recruitments. The first batch, to be recruited from within and outside of China, will be for positions for ten CGEs, the second batch will include five general accountants to be hired for five CGEs with special characteristics, which will only target CGEs in a given range, and the public recruitment notice will be posted shortly in a specially designated area. Consigned by 11 CGEs, the third round will recruit 11 general counselors-at-law from society at large around this August.
In addition, on the basis of summing up the experience of the recruiting work in the previous three years, SASAC will introduce in full the evaluating technology of examination and assessment centers, starting this year. This technology focuses on examining the candidates’ genuine abilities at work as well as his organizing and coordinating capabilities, which is more suitable for selecting talents of senior management level.
Starting in 2003, SASAC openly recruited senior executives from around the globe for the first time. After three years, it has hired 75 senior executives, including those in two key jobs. It realized a major breakthrough in CGEs’ marketization in employing senior executives.