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JRCheetham
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re: Slideshow: How SMIC attracts talent
JRCheetham   4/19/2013 6:38:48 PM
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As the article says, this is about setting “up a successful operation in emerging markets.”. In the USA it is easier to find a good community with good schools, housing, stores, power, and roads. Then build the factory there. There are many good schools to choose from. The USA is not perfect, but it is much better than most locations in most emerging markets.

liverdonor
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re: Slideshow: How SMIC attracts talent
liverdonor   4/19/2013 6:37:43 PM
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30 years ago? Gimme a break. My father-in-law's family did the same thing on their tea plantation in southern Guangdong province, over 200 years ago. The entire town was owned by the extended family as granted by the government (imperial, pre-Guomindang), including shop and residence spaces, a temple, two schools (equivalent to primary and secondary), all public works, graveyard, etc. Heavily subsidized by the owners, the rents were low and generally people were happy with the situation. Pretty much the same layout, except it was a rural agricultural center instead of an urban high-tech one. Essentially, a private collective - but clearly the precursor to the commune and later the SMIC-type complex. This is a very old model that has worked successfully in China for centuries. Of course, it only works if the owners aren't stupid, cruel or corrupt.

Jack.L
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CEO
re: Slideshow: How SMIC attracts talent
Jack.L   4/19/2013 6:06:52 PM
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I don't mean this disrespectfully, but it could work anywhere where professionals in a given industry do not naturally want to work that could be China, India, Vietnam, etc. Taking the school out (to a degree), I believe it has happened even in the U.S. and Canada for resources and mining.

gasdfnq
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Rookie
re: Slideshow: How SMIC attracts talent
gasdfnq   4/19/2013 1:27:20 PM
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maybe it is interesting to americans but not new to Chinese people, back to 30years ago, most of big Chinese state owned companies ran daycare, school,accomodation and even grocery store to serve the employees and their families in the residence campus. and nowadays, still many big state owned the giant companies keep these functions like power supply industry, petro industry, etc. however i agree to build a good school is a great idea and very attractive to employees who have kis in China, the only problem is most of the best schools in China are public schools but not priviate schools, maybe the companies can just sponsor the best schools for ensure the seats for their employee's kids.

haritr
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re: Slideshow: How SMIC attracts talent
haritr   4/19/2013 11:07:34 AM
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may be India can take a leaf out of this They are struggling to build a fab

junko.yoshida
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Blogger
re: Slideshow: How SMIC attracts talent
junko.yoshida   4/19/2013 8:38:25 AM
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But this is a template that could work in any other "emerging markets," I think. If you want the world class talent in the next Silicon Valley, build a school first.

docdivakar
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Manager
re: Slideshow: How SMIC attracts talent
docdivakar   4/19/2013 6:14:03 AM
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There is nothing comparable to this in the US! Even if an USA company were to offer this type of workplace living, I doubt if it will succeed on the same scale as in SMIC. It can only work in China... MP Divakar

sprite0022
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Manager
re: Slideshow: How SMIC attracts talent
sprite0022   4/19/2013 12:42:42 AM
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welcome to china, junko. this practice isn't any secret, it's used by chinese gvt. agencies, colleges, hospitals etc. the only trick is you need good relationship with gvt to get a piece of land.

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