Archive for June, 2012
Hire the smart guy. Otherwise it will be hard for him to steal all your money and not get arrested. See the Forbes article here Chinese Company’s CEO Allegedly Makes Off With Millions is the name of the article. USD 100 Million is what is missing and the former CEO is still a free man […]
Continue Reading →Due diligence is done in big and little events to overcome our natural assumptions. My father often said, “If something is worth doing, it is worth doing right.” That has served me well here. To save time, we all carry certain assumptions in what any one thing means. A person who asks me questions and […]
Continue Reading →Dan Harris put up a blog a week or so ago about how Gap stores have had some troubles adapting to China. It lays out that Gap followed Global policy and the leaders kept their jobs, but their China results were below expectations. See the whole article here. Often, the China CEO does it so […]
Continue Reading →Posted in: China, Chinese Culture, Market Entry
Leave a Comment (0) →While I led organizations starting when I was 13, my leadership began to grow more at age 20 when I read the following servant leader thought: 24…When the ten heard about this, they were indignant with the two brothers. Jesus called them together and said, “You know that the rulers of the Gentiles lord it […]
Continue Reading →Posted in: Leadership
Leave a Comment (0) →Here is a good thought from David Rae of The Procurement Leaders. “Oerlikon’s new headquarters in Shanghai also reflects how the Chinese economy has developed from a source of low cost production to a market with more developed and technology driven industries,” he said. “To benefit from this trend, Oerlikon is not only enhancing its […]
Continue Reading →Posted in: China, Market Entry
Leave a Comment (0) →Holiday this weekend all over Greater China. Qu Yuan was a high official who was exiled for opposing an alliance with Qin that the Emperor wanted. The alliance led to Qin conquering his country. He committed suicide over the corruption that led to this alliance and disaster. People raced out on boats to try to […]
Continue Reading →Posted in: China
Leave a Comment (0) →First I list the Chinese cultural background via Wikipedia, and then explain specific cases below. From Wikipedia Deceive the heavens to cross the ocean[5] Prepare too much and you lose sight of the big picture; what you see often you do not doubt. Yin (the art of deception) is in Yang (acting in open). Too […]
Continue Reading →Posted in: China, Chinese Culture, Market Entry
Leave a Comment (0) →Yesterday, I referred to a guest post on the Foreign Entrepreneur in China Blog. Today, I want to comment on it again. You can find it here, and I felt Vincent Yip’s comments at the end were the most insightful of the whole. He mentions that you do better to learn Chinese culture than to […]
Continue Reading →Posted in: China, Chinese Culture, Leadership
Leave a Comment (0) →Foreign Entrepreneurs has a good post up on negotiating in China. I would adjust a little but overall a very good post. Go find it here Vincent F. Yip, in the blog, mentions that Chinese see negotiation as war. Ah…He further notes Sunzi’s 36 Strategies for war and life which many use in business. He […]
Continue Reading →I have good news for leaders. The problem is usually us, which means it can be changed. Very small leader issues lead to large gaps in performance several levels down. Any positive change a leader can make will have multiplied benefits down range. HBR Blog, which I always keep an eye on, posted an article […]
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