MULTINATIONAL COMPANIES IN CHINA
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- Author: XIN GUO
- ISBN: 9781787145481
- Availability: In Stock
Buy MULTINATIONAL COMPANIES IN CHINA | Management Books, Social Science Books
ABOUT THE BOOK
This book explores some of the most common mistakes made by
multinational companies doing business in China, in both cultural and
managerial contexts. These shared mistakes could be as far-reaching as managing
talent, local vs. global decision making, or could be as mundane as managing
title, pay and performance. Many mistakes are rooted in a lack of understanding
of the Chinese market in two areas: the unique talent and culture environment,
and the immense opportunity potential. Very often, MNCs’ global or local leaders
lack the ability to make discretional decisions with one-size-fits-all
approaches under the cloak of global consistency, or treating a China operation
as one-of-the outfits (and a small one in the world revenue pool), even though
they understand the market potential in theory. MNCs have enjoyed great success
in China while many others have yet to realize their opportunities. China
business continues to grow, and opportunities continue to develop. This book
will guide business leaders on how to avoid the most common management pitfalls
in China business, and will help the capitalize on the huge opportunity that
remains in this region.