Beijing Capital Group was one of the most profitable and successful state-owned enterprises in China. Since its founding, the group made unremitting efforts in promoting reforms, increase capital operation, and taking advantage of the benefits of the group in terms of operational scale. All of these efforts have not helped him succeed. Turnover rate was low, as the staff had a sense of pride in being part of successful firms. In the near future, however, the market environment is expected to be more severe. Some of the important issues that the president of group had to deal with included how to sustain growth and remain competitive after the expected accession of China to the World Trade Organization. Given the structural and institutional constraints inherited from the socialist tradition, it was not easy for the group to overcome the limits of the system. At this point, the President wondered if he could find a way to reform the system of human resources within the limits set by the state. "Hide
by Gilbert Wong, Scarlet Chan, Maria Ho Source: University of Hong Kong, 13 pages. Publication Date: August 15, 2001. Prod. #: HKU141-PDF-ENG
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