Volkswagen Group China: Driven, but not Managed by Locals Managing the MNCs in China Term Paper Peking University Guanghua School of Management Fall Semester 2015 Stundent: Simon Behrendt Student ID: 1502010288 E-Mail address:
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[email protected]) Study program: MBA Exchange Program Advisor: Prof. Paul Gillis Term paper handed in December 2, 2015 3052 words (text and headings) Outline 1. Localization of Management in China: An Overview ............................................................ 1 2. The Volkswagen Group China ................................................................................................ 3 3. The Challenge of Localization at the Volkswagen Group China ........................................... 5 4. Suggestions for a Successful Localization of Management ................................................... 9 5. Conclusion ............................................................................................................................ 12 References ................................................................................................................................. 13 1 1. Localization of Management in China: An Overview Executives in China-based subsidiaries of western multinational companies (MNCs) face dif- ficult decisions with regards to the question of whether to employ expatriate, Chinese or local- hired foreign managers (expatriates are defined as international transferees from the parent company to the local subsidiaries). For western