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Managing people in Russia: Challenges for foreign investors

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  • Shekshnia, Stanislav

Abstract

Thousands of foreign companies are penetrating Russian markets with strategies developed on the basis of inadequate assumptions about the country and its people. Stanislav Shekshnia examines how the most common myths about Russia such as availability of highly skilled and extremely cheap labour do not fit the reality and cause serious problems for international investors. In conclusion the author shares his views on successful strategies for Russia, based on his business and research experience.

Suggested Citation

  • Shekshnia, Stanislav, 1994. "Managing people in Russia: Challenges for foreign investors," European Management Journal, Elsevier, vol. 12(3), pages 298-305, September.
    • Handle: RePEc:eee:eurman:v:12:y:1994:i:3:p:298-305
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    Cited by:

    1. Shuana Zafar Nasir & Nasir Mahmood, 2018. "A Study of Effect of Employee Retention on Organizational Competence," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 8(4), pages 408-415, April.
    2. Outila, Virpi & Fey, Carl F., 2022. "“We have performance appraisal every day and every hour”: Transferring performance management to Russia," Journal of International Management, Elsevier, vol. 28(2).
    3. Shuana Zafar Nasir & Nasir Mahmood, 2016. "Determinants of Employee Retention: An Evidence from Pakistan," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 6(9), pages 182-194, September.
    4. Igor Gurkov, 2016. "Human resource management in Russian manufacturing subsidiaries of multinational corporations," Post-Communist Economies, Taylor & Francis Journals, vol. 28(3), pages 353-372, July.
    5. Fey, Carl & Björkman, Ingmar, 2000. "The Effect of Human Resource Management Practices on MNC Subsidiary Performance in Russia," SSE/EFI Working Paper Series in Business Administration 2000:6, Stockholm School of Economics.
    6. Ibrahim Rashid Humaid Al Shamsi & Salim Alsinani, 2018. "A Study of Organizational Factors and Employee Retention: The Case of Ministry of Civil Service in Oman," Journal of Accounting, Business and Finance Research, Scientific Publishing Institute, vol. 3(2), pages 72-82.
    7. Latukha, M. & Veselova, A. & Selivanovskikh, L., 2015. "Talent management practices in emerging market firms: Research agenda," Working Papers 6428, Graduate School of Management, St. Petersburg State University.

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