Harvard Business Review (May 2003) (The immortal Bible of the business world) (The immortal Bible of the business world)

Author: Xin Rong
Publisher: Social Sciences Academic Press
Publish Date: 2003-05-01
Features:
1. Special Report: "China's Best Employers"
Why are they the best? The success of the best employers lies not only in making employees happy but also in enhancing their engagement, thereby building sustainable competitive advantages. Winning in a fierce competitive environment and maintaining long-term leadership is a dream pursued by every company. In fact, analyzing the once-dominant companies in the market, although they may have had excellent business strategies or unique products, the root of their success can all be attributed to "people." Similarly, the reasons why companies fail to sustain success can also be traced back to "people." Therefore, for Chinese enterprises, how to improve their human resource management capabilities and transform these capabilities into lasting competitive advantages in the market is a crucial issue.