McVader, Chairman of Greater China, Boston Consulting
Seven suggestions to help Chinese companies cope with global challenges
Chinese enterprises are facing more and more challenges in foreign markets. Under such circumstances, how can they succeed? We have seven suggestions.
First, accelerate research and development. As some Chinese enterprises have substantially increased their investment in research and development, many enterprises have not yet done so. Low-cost manufacturing is only a short-term strategy. If Chinese enterprises want to live a long and successful life, they must increase innovation.
Second, carefully choose the place and way of competition. If you don't think carefully about where and how to compete in the next five years, the future of the enterprise will be problematic.
Third, understand your target market. To compete abroad, Chinese companies must learn and understand the needs of foreign customers.
Fourth, properly manage your image and brand. If Chinese enterprises want to become respectable global enterprises, they must carefully manage their own image and brand.
Fifth, become the winner of global challenges. With the global development, these challenges are gradually increasing, and they will attach importance to the human resources strategy.
Sixth, properly manage the risks of globalization.
Seventh, become a master with global advantages. Chinese enterprises are tending to a favorable position to make full use of the advantages of developing and developed markets. We believe that a new organizational model can be established, and let's go back to the problem at the beginning. Can Chinese enterprises succeed in the international market?
I believe that Chinese enterprises can do this, and my answer is yes. Chinese enterprises can succeed in the global market. In fact, I think it is just around the corner to see more names of Chinese enterprises on the Fortune 500 list. Similarly, it is important that in the near future, we will see more global challengers from China and become globally well-known and respected enterprises.
(This article is an original article by Zhuge Changqing, and the pictures are selected from the Internet. Welcome to forward it, and please indicate the source for forwarding)
Introduction to Zhuge Changqing: Zhuge Changqing, the inheritor and promoter of traditional Chinese culture, is willing to "learn from sages, promote virtue, revitalize China and benefit the world" together with people with the same ideals in the world.
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Zhuge Changqing's Chinese Dream
Learn from sages and carry forward virtue
Revitalizing China for the benefit of the world
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Selected Articles in Previous Periods
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1The wisdom of traditional Chinese culture changes the destiny: filial piety to parents+five in one+self-improvement
2Zhuge Changqing's Three Golden Keys to Changing Destiny
3Zhuge Changqing's Greeting Ritual (15 Steps Concise Version)
3 诸葛长青施食仪轨 （十五步简洁版）
4How to repent: the ritual of repentance and the method of repentance (full version)
5How to read the Dizang Sutra: Methods for reciting Dizang Sutra (complete version)
6How to release? The ritual of releasing life
7Zhuge Changqing's Repentance Culture: A Case Study of Repentance Methods for Changing Destiny
8Free Life Culture: Free Life Culture in Ancient China
9Shocking photo of feeding: Buddha, Bodhisattva and Dharma Protector come to the scene
10Feeding Rite Return: the return is changed to simple return