Archive for Decision Making
I never before considered investors and hiring managers to be similar. I do now. Theranos got $400 Million in investment and was only 1/100th as strong as they said they were. I saw a LinkedIn Post on investors and the Theranos case, and it made me think of recruiting being so similar. Theranos lied repeatedly […]
Continue Reading →Market, capital, technology and people. Every company must keep these 4 balls in the air at all times. If you are missing one, you will fail as a company. Market, Capital, Technology and People – The 4 Balls to Keep in the Air Market – This means paying customers. Many tech start ups like Evernote […]
Continue Reading →My GM, Paul Wang, and I were talking about a customer issue, and it reminded him of a joke. An Albanian robbed a bank and put the treasure in a safe that cannot be cracked without destroying the contents. It has a code you can dial in to open. The Chinese police capture the Albanian […]
Continue Reading →Saw an article on doing Private Equity purchasing of Chinese companies. The article certainly has implications for private equity anywhere. It is very insightful, and I encourage you all to go see what Sigulegruff says: Take a look at this Moreover, there have been few success stories across buyout deals in China. One issue was […]
Continue Reading →Engagement and Recruiting go hand in hand. Have you heard? You can choose the right people to fire, or the people you need the most self select off your team. I think this will be an even hotter problem in the US market as the economy continues to heat up. China used to be a […]
Continue Reading →Hiring China Expats has always been low on business owners’ lists. This quote from China US Focus is a good measure of what I also see. They are less willing to offer higher priced expat packages. On top of that, local Chinese talent educated in the West is increasingly available, and in most cases local […]
Continue Reading →China business success does not have to be like pulling teeth. Ford won when their President and CEO Bill Ford surrendered to seeking an outside placement to solve his woes. Alan Mulally from Boeing was a true outsider and that is what saved Ford while the others went bankrupt. Now Ford is doing great and […]
Continue Reading →With both China and Russia as revisionary powers, Chinese Real Politik should be a term in use . China and Russia are using Real Politik, and the West needs to see it. Take a look at this excellent 5 year old article from Foreign Policy of which I paste a small bit below. 5 years after […]
Continue Reading →Posted in: China, Decision Making, Government Issues
Leave a Comment (0) →“I hired you to get the right people not to pay to outsource recruiting!” Many an owner in the West has poured Millions of USD down the drain in China with this apparently wise phrase. This is a complicated idea I want to unpack. Sometimes the home office should look this way at what is […]
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I sometimes talk about things we should fear or be concerned about in China. Today, let’s talk about one unreasonable fear in China. One of my customers mentioned to me how he felt before he let go of his power hungry ‘invaluable’ Shanghai leader. He had this guy before we dug him out of that hole. […]
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