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Case Title: Foreign Investment in Chinese Banking Sector: HR Challenges The phenomena of mergers and acquisitions, globalisation and internationalisation of products and services and changes in organisational structures became a global trend in the developing countries. Although the Chinese banking industry was not an exception to it, there was a basic difference in their reform process to that of the other developing economies. While most of the developing nations had to adopt the trend set by the global banking giants, China had made its own norms and forced those banking giants to comply with it. Mergers and acquisitions had been replaced by strategic partnership to a maximum permissible limit of 20%, while the total foreign ownership in any bank was capped at 25%. The universal banks developed customised lending policies, bank cards and asset management products to cater to the huge retail banking market. But to appropriately manage the human resources, such international strategic alliances had to develop an understanding of stakeholder interests, aspirations and needs. Successful implementation of international joint ventures was thus a huge challenge for all the banks. The foreign partner not only needed to be strategically fit and complementary to the Chinese bank, but also had to adopt the Chinese culture and value system, and had to gradually modify the system to make it more beneficial.
2. Case Study:The Bill and Melinda Gates Foundation
1. What do you think Bill and Melinda Gates’ personality traits are for each of the Big Five Dimensions? Compare the two.
Answer: Traits are distinguishing features, or characteristics or properties of an individual. The chapter discusses the Big Five Model of Personality traits and uses it as an accepted guide to classify personalities. Both Bill and Melinda Gates possessed various aspects of each category listed within the realm of the Big Five. Bill was able to dominate the PC world because he possessed
2. Case Study:The Bill and Melinda Gates Foundation
1. What do you think Bill and Melinda Gates’ personality traits are for each of the Big Five Dimensions? Compare the two.
Answer: Traits are distinguishing features, or characteristics or properties of an individual. The chapter discusses the Big Five Model of Personality traits and uses it as an accepted guide to classify personalities. Both Bill and Melinda Gates possessed various aspects of each category listed within the realm of the Big Five. Bill was able to dominate the PC world because he possessed