Digital transformation is changing the game for human resources leaders and executive search professionals by transforming the way organizations recruit, manage and develop their people, driving engagement, innovation and productivity to new peaks.
What impact will the digitalization have on HR? The insights delivered by smart analytics are no longer available just to IT and financial gurus but to a range of people throughout organizations – including HR employees, executives and managers – who are already using it to fundamentally change the way they work.
The field of Human Resources is perpetually expanding in scope and complexity. Technological change has left no aspect of HR untouched – every area has been affected, from talent acquisition and retention to human capital management.
This year’s AmCham China Human Resources Conference was dedicated to promoting HR Innovation in a world of digital transformation. Each year, the AmCham China HR Forum invites corporate Human Resources leaders, executive search and leadership development professionals, technology and service solution providers, and other senior executives to come together and define the best practices in the human resources world.
On April 25 the 14th Beijing Motor Show opened its doors to the public. The event is held every two years on an annually alternating basis with the Shanghai Motor Show and is one of the largest international automotive shows in the world.
This year's Beijing Motor Show put a spotlight on sports utility vehicles (SUVs). There is an increase in demand for large cars in China with automakers now talking about increasing space and the number of people that can fit into an SUV.
One of the overarching themes discussed through the conference was that HR executives need to shift from an administrative function to a comprehensive strategic approach to HR derived from the specific business requirements in China.
AUSTRIA CONNECT Greater China is the most important event of the Austrian business community in China.
This year it was held from 19 to 21 November in Chengdu under the motto “Going West and Beyond”. Chengdu is the capital of Sichuan and one of China’s most rapidly growing provinces. The region has recently experienced a rapid increase in foreign investment. Sichuan’s success demonstrates how important it is to pay attention to the potential of markets outside China’s well developed coastal regions.
Since 1999 the German Centre Beijing, which supports small and medium-sized German companies in opening or expanding their bases in China, has been located in Beijing's Landmark Towers.
In October 2015 the German Centre Beijing celebrated the opening of its second building in DRC Liangmaqiao Diplomatic Office Building.
Which technologies are affecting future mobility? Will new vehicle concepts stand up to traditional cars? How are automotive value chains shifting?
These three questions are affecting not only the automotive industry but also the new players changing the automotive world. The key to new and successful products on the market is the cooperation between large and medium-sized companies as well as scientific institutions. Hence innovative companies are looking for creative routes to new solutions more and more.
Robin Page, Volvo’s vice president of interior design, received the honor of Interior Designer of the Year. Page’s work, which includes a high-tech touchscreen control console, was recognized as helping to build the company’s luxury credentials. Page said “I am humbled by this award. The interior design of the XC90 reflects a paradigm shift for Volvo Cars. At Volvo Cars we focus on creating an overall luxurious living experience. This means using natural materials such as wood, leather, and crystal in a way that delivers calmness and serenity to the driving experience”.
GIFA is the most important trade fair for foundry technology in the world. After five days Messe Düsseldorf delivered a very positive summary of “The Bright World of Metals” which took place in June 2015.
The metal fair registered good marks on the exhibitors’ and visitors’ side. In particular the internationality again increased distinctly and now amounts to 56% of visitors and 51% of exhibitors. With 78,000 visitors from more than 120 countries GIFA, METEC, THERMPROCESS and NEWCAST 2015 in Düsseldorf were on the level of the previous events.
This article is based on a survey conducted by a relocation firm and according to the company’s customer data, twice as many people moved out of China than into the country in 2014.
“The trucks of the future will be connected and will become even more efficient than today’s models. Our commercial vehicle industry is working intensively on connected and automated driving. This way we can make marked improvements in fuel efficiency, road safety and also profitability, particularly in road freight traffic,” said Matthias Wissmann, President of the German Association of the Automotive Industry (VDA), at the association’s Commercial Vehicle Symposium 2015 in Berlin.
By 2010 China’s manufacturing scale overtook the U.S. to become the world’s largest market. In terms of industrial competitiveness China ranks No. 7 out of 136 countries and is the world's largest net manufacturing exporter.
On the other hand the Chinese manufacturing industry features high resource consumption, poor independent innovation, and high external dependence on core components. In recent years the “low-cost advantage” on which the manufacturing industry relies to survive has gradually been fading away.
In a demanding and fast changing environment as is the Chinese market, Human Resources have become a strategic imperative for German companies.
A notoriously competitive talent market, rapid salary increases, and high employee turnover are among the top business challenges. Companies that have recognized this fact and consider having a strong engagement from their top management can gain a long-term competitive advantage.
The HR Forum which took place in Beijing provided a platform for 30 participants to take a look at HR issues from different angles, including the perspective of the parent company in the home country. Mr. Kai Mütze, Managing Director, IAC Unternehmensberatung GmbH addressed the question of how to better manage international assignments, allowing a smooth transition and rewarding development for employees sent abroad as well as their parent companies.
Dr. Heinz Fischer, President of the Republic of Austria, arrived in Beijing on March 26, 2015 with a high-ranking delegation.
During a Business Briefing and a Networking Evening Reception with 500 guests President Fischer emphasized the growing importance of economic relations between Austria and China as well as the potential for further cooperation. In 2014 the trading volume between the two countries exceeded EUR 10 billion for the first time. Chinese and Austrian companies have been very actively cooperating in a wide range of sectors such as machinery, urbanization, green technologies, infrastructure, mobility, and energy.
The European Union Chamber of Commerce in China, in partnership with AmCham, the Japanese Chamber and the Business and Industry Advisory Committee (BIAC) China Task Force, organized an exclusive seminar with Angel Gurria, Secretary General of the Organisation for Economic Cooperation and Development (OECD) in Beijing.
In December the German Machinery and Plant Manufacturers' Association (VDMA) hosted a seminar on the topic “HR in China – a war over talents, successful recruitment, and good HR management” in Beijing.
Especially small and medium-sized companies often struggle with the right setup of a professional HR management system. The event covered a broad range of topics including executive search, talent pooling, legal HR implications and employer branding.