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Doing Business in the 21st Century with the New Generation of Chinese Managers: A Study of Generational Shifts in Work Values in China

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Abstract

Our goal is to develop a profile of Chinese managers, and in particular a profile of the New Generation of Chinese managers. The purpose for developing this profile is primarily to provide relevant information for non-Chinese business people, especially Westerners, who plan to engage in business in China. This profile is based on measures of individual values (Individualism, Collectivism and Confucianism) relevant to China and business. Our findings suggest that the New Generation manager is more individualistic and more likely to act independently, while taking risks in the pursuit of profits. However, these New managers are, likewise, not forsaking their Confucian values. Thus, they may be viewed as crossverging their Eastern and Western influences, while on the road of modernization.

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*David A. Ralston is the Michael F. Price Chair of International Business at the University of Oklahoma. His primary research interests focus on issues related to cross-cultural management.

**Carolyn P. Egri is Assistant Professor of Human Resource Management at the Faculty of Business Administration at Simon Fraser University. Her research interests include leadership, environmental and social issues, organizational power and politics, and organizational change and development.

***Sally Stewart was formerly Head of the Department of Management Studies at the University of Hong Kong. She was educated at Oxford University. Her most recent publication is “Whose Business Values?” published by Hong Kong University Press.

****Robert H. Terpstra is Professor of Finance at the University of Macau. His current research interests include cross-cultural studies in management and behavioral finance.

*****Yu Kaicheng is Professor of Organizational Behavior / Human Resource Management in the School of Management of the Dalian University of Technology, China. He is also the Vice-chairman of the China Behavioral Science Association.

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Ralston, D., Egri, C., Stewart, S. et al. Doing Business in the 21st Century with the New Generation of Chinese Managers: A Study of Generational Shifts in Work Values in China. J Int Bus Stud 30, 415–427 (1999). https://doi.org/10.1057/palgrave.jibs.8490077

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  • DOI: https://doi.org/10.1057/palgrave.jibs.8490077

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