From The New York Times:
Mr. Elton is actually just one of many popular management gurus: experts say the country has a severe shortage of skilled business managers and a growing cadre of people who want to be the next Bill Gates.
So Western management experts – teaching everything from how to reward employees to how to foster innovation – are flocking to China, trying to capitalize on this capitalist frenzy.
Big names are coming, like John F. Welch Jr., Stephen R. Covey and Michael E. Porter, a Harvard Business School specialist on competition. But so are the lesser known. They are conducting management-training seminars, hawking their books, making television appearances and soaking up the adoration.
Many of them, like Mr. Elton, have even been hired by Communist Party officials, who are eager to transform China’s struggling, money-losing state-owned companies into lean, mean capitalist machines.