Businesses increasingly realize that after strategy inception, implementation becomes the key success factor. It is about aligning the entire organization on critical priorities and focusing management and teams on implementation excellence. This paper summarizes a practical concept to improve strategy implementation within organizations Read More
View the original on page 33 of the July-Aug edition of the Journal of European Union Chamber of Commerce in China here. According to a German consultancy firm the purpose of Industry 4.0 is to “increase process efficiency”, provide “new ways to create value through new service products and business models”, offer [...]
Little more than a decade ago Office Automation, Electronic Document Filing, Email, rise of Cell Phones, Automated Workflow and Integration of Office Systems with Administrative Automation became the hot topics of the day – and the sacred words for a new era of Efficiency. While in the 1980-90s businesses and administrations had become paper-heavy, emergence [...]
Travelling around Shanghai and North East China over the past few months, seeing factories of differing industries, one of the questions that I keep on posing to myself is whether China is ready for Lean. The one thing that is clear, whether it is manufacturing, assembly or commercial processes, that too many staff are chasing [...]
(Hier der Link zum Original in deutscher Sprache, wie herausgegeben im Controller Magazine) It has come as no surprise that China's market growth has slowed to a rate of 6.9% p.a. in 2015 – its lowest in 25 years. Some future predictions lead to a further slowdown of less than 2% by 2017, or somewhere [...]
It has come to no surprise, but inevitably the Chinese economy has slowed down to a growth rate of 7.4% p.a. this year – its lowest in 24 years. At the same time has China’s public and private debt in percent of GDP grown ten-fold in just shy of 15 years, while the current stability [...]
Undertaking the right efforts in segmenting the market, positioning and differentiating your company’s products and services undoubtedly is important in any global market. However, with its size, regional and even local diversities as well as industry complexities, doing so in China may be even more important to the success of your company in this country, [...]
A global manufacturer in China has a challenge – decades of a relatively good business environment in Europe allowed the company to amass a war chest to finance their business development in China. First setting up their own brand for organic growth – then merger & acquisitions to capture a sizable local market share. The [...]
One country, one political system, one market, uniform tariffs and transportation system. Addressing the market with a unified product or services portfolio, value proposition, marketing messaging and single sales approach should be a no-brainer – and it reduces internal complexity. 22 provinces, 4 municipalities, 5 autonomous regions, 2 Special Administrative Regions, 660 cities, of which [...]
It may be a lingering stigma that managers in China are either – depending on your viewpoint – unable to, unwilling to or not enabled to solve problems and make (the right) decisions independently at their organizations. Certainly there may be cultural implications to the way managers from different origins approach problems, such as negativity [...]
