Talent Shortage in China v.s. Do You Feel?
I found this piece “Talent Shortage in China” on AESE web site and compare to the blog “Which Countries Feel the Pain of a Talent Shortage” I read yesterday on Teleo.
The AESE article pointed out that shortage in China was real and a serious issue. But the survey on Taleo told me that not many hiring manager were aware this (only about 20% surveyed admitted shortage).
“There is a management gap that will take 10 years to fill,” said Paul Reilly, the chairman and chief executive of executive recruiter Korn/Ferry International. “There is a huge shortage.”
“China produces 10,000 MBAs a year, but the problem is experience,” Reilly adds.
My experience tells me that there is really a shortage of talent at very top level, because not so serious at middle level. Top level talent may take more than 20 years to develop, while China’s reform didn’t start until late 80’s. That explains the talent gap in China