How to Do Business in Russia/ By CARL F. FEY and STANISLAV SHEKSHNIA/ WSJ, October 27, 2007. Russia has much to attract foreign investors -- a fast rate of growth in gross domestic product, a large population and a substantial expansion in purchasing power. But its unique and sometimes murky business environment has left Russia with a reputation as being a difficult place to set up shop.
A ‘HUNTER’S TRAP’/ Sekret Firmy, No. 32 (215), 26 August 2007. WARD HOWELL INTERNATIONAL, ONE OF THE LEADERS IN THE EXECUTIVE SEARCH INDUSTRY, IS NOT SATISFIED WITH HOW THE MARKET IS CURRENTLY BEHAVING. THEREFORE, THE COMPANY IS EXTENDING ITS BUSINESS INTO AFFILIATED SEGMENTS. THE HALLOWED PHRASE ‘EXECUTIVE SEARCH’ WILL SOON DISAPPEAR FROM ITS
EMPLOYEES’ BUSINESS CARDS.
NOW ALL-INCLUSIVE/ Expert # 29, August 2007. Russia’s largest executive search company has merged with a Russian consulting agency that specializes in leadership development. This merger is a significant indicator of the growth of a need for expertise in Russia’s recruitment market.
The new global russian business leaders. To illustrate the transition that has occurred in Russia
since 1992, the authors studied Russian business
leadership and entrepreneurship in a range
of situations, from the transformation of a Sovietera
biscuit factory, to high-tech start-ups modeled
on Western business practices. This article
describes organization and leadership practices in
Russia, and focuses on an emerging leadership
style the authors termed ‘‘global Russian.’’
Another Russian paradox: The transfer of power in private companies / Stanislav Shekshnya, Manfred Kets de Vries. The first private companies in the Soviet Union appeared in 1987, disguised under the name of cooperatives. In the last two decades, capitalism has transformed the Russian economy, and it has done so in a way which the country is entirely familiar with: through shock therapy, financial and economic crises, and backdoor privatization and with some people getting astonishingly rich and others getting just as astonishingly poor.
Leadership development in Russia. Leadership development in Russia has changed dramatically since the introduction of a market-oriented economy, but especially during the last several years. Under the Soviet system, managers were required to attend periodic upgrading of skills programs (programmy povysheniia kvalifikatsii), which included topics on human resources management and leadership (Puffer, 1981).
Surviving in Corporate Russia: Tips for Expatriate Executives. As Russia’s economy supported by high oil and gas prices continues to expand at one of the highest rates in Europe and its needs for management talent increase proportionally more and more Western executives turn their eyes towards North-West. According to PriceWaterhouseCooppers consultancy, Russia’ hunger for management talent makes executives working in the country better paid than their colleagues in the United States, Canada and Western Europe. High pay, booming economy, extended responsibilities – what else does a professional executive need to fire up?
Sergey Vorobyev: a manager must look for a place where it’s deeper but not where it’s cleaner /Kommersant, Moscow 14.12.2006/. The income of Russian top-managers increases rapidly. For the past several years the income has grown in extent and has practically approached international level. The reasons for this substantial raise in cost of top-manager, the situation in the top-management selection market as well as the consequences of the fight for management talent – these are the things discussed here with the managing partner and member of the board of directors of Ward Howell International - Sergey Vorobyev.
Who needs expatriates /Âåäîìîñòè ¹ 202, 27.10. 2005 /. Russian companies continue to employ foreign specialists with extensive experience in their industry but in contrast to previous years they don’t want to overpay for the accent now.
[in Russian]
Yuri Barzov. Foreword to the «War for Talent» Russian edition. The war of talented employees is waged for long in the market. We learned that from McKinsey Consultants in 1994. Since then the very best and strong companies have gone into action to push together on the front of the Third BUSINESS War. We would like to present a Foreword to the «War for Talent» Russian edition written by Yury Barzov, Ward Howell International Senior Partner.
[in Russian]
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