国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Industries

Home advantage

(China Daily) Updated: 2014-06-09 08:16

"There are many differences here (in China). If you take the large State-owned enterprises, in the upper echelons of them an agement, you have professional managers but you also often have the involvement of Party officials. Often they have greater influence than the professional managers and the consultancies sometimes overlook that."

Home advantage

McKinsey opens 3rd Chinese mainland office

Home advantage

Only the fittest investment banks will survive: BCG

In his office on the 22nd floor of the Hang Seng Bank Tower in Shanghai's Lujiazui financial district, Johnson Chng, managing partner of AT Kearney Greater China, a leading global consultancy that has been in China since the early 1990s, says China is different from other markets.

"China is pretty much the exception. I have lived and worked in North America and in Europe and have served more than 10 markets in Asia but China is by far the toughest."

The 46-year-old Singaporean says one of the differences is that many Chinese companies place a high value on experience rather than "how smart you are".

"In other markets, we might stress what business schools we went to. In China, we don't even bother since it is not seen as relevant. What is important is what experience you have had and what you have done before. The first thing they ask is whether you have previous experience of the topic they want advice on."

Chng says there is also a reluctance to think laterally, whereas in the West this is often the key to management decision-making.

"If you take a Chinese bank, they will always ask you how Citibank does a, b or c or how HSBC does x, y or z. This wouldn't occur to Citibank. They would perhaps be looking for ideas outside their industry, maybe from the fast food industry or whatever. That is because as a leading player they are playing top-up while the Chinese are playing catch-up.

"A Chinese company would typically tell you it is not interested in what is happening in another industry. It wouldn't see the connection."

Over at his 30th-floor office in Shanghai Central Plaza on Huaihaizhong Road, Gong Li, senior managing director and chairman, Greater China, of Accenture, another global consultancy incorporated in Ireland, admits there are aspects that make China a different market to operate.

"There are some characteristics that are very unique, like, for example, state-owned enterprises. They are companies but many of them are former ministries that give them a hierarchical structure, where people's grades correspond to the government structure.

"The No 1 or No 2 guys are appointed rather than recruited from competition. They can also be moved at any time to be the governor of a local province, for example."

The 55-year-old, who has wide international experience and worked in Argentina in the mid-1980s, says every market has its own idiosyncrasies.

"I was in Argentina at the starting point of reform and there was huge historical baggage, no investment and very little activity before privatization took place. So every country has its unique environment.

Home advantage

Home advantage

Porsche vies for consultancy market share in China Tata Consultancy to expand 'significantly'

Hot Topics

Editor's Picks
...
...
金秀| 镇宁| 枣强县| 浙江省| 柘荣县| 连江县| 秦皇岛市| 富川| 贞丰县| 新安县| 承德县| 富民县| 南阳市| 广平县| 沐川县| 凉城县| 安龙县| 呼玛县| 龙陵县| 宁国市| 德钦县| 凤阳县| 墨竹工卡县| 宣武区| 襄樊市| 乌兰浩特市| 申扎县| 浮山县| 潜江市| 曲阳县| 瑞金市| 丰都县| 孟村| 福清市| 文昌市| 阳原县| 南安市| 怀集县| 保山市| 长阳| 清河县|