Media '08 - Presentation by Jonathan Haagen (Economist Intelligence Unit)

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Megan Elliott

Presentation by Jonathan Haagen, Economist Intelligence Unit (New York, Beijing) at Media '08, Sydney, 7th March 2008

Economy & Finance Technology

Why Western Tech Companies Fail in China

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The real Internet can be said to be the collective name of consumer Internet, industrial Internet, and government and enterprise Internet. With the increasing popularity of the Internet, the demographic dividend is coming to an end, and the development of the consumer Internet is near saturation. At this point, people began to discover that instead of continuing to kill in the red sea of consumer Internet, it is better to consider looking for a new blue sea.

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In southwestern Sichuan province, Leshan diocese today ordained Father Paul Lei Shiyin without a papal mandate in the presence of about 1,000 guests and government officials at the Our Lady of the Rosary Church in Emeishan city. Bishop Johan Fang Xingyao of Linyi, president of the government-sanctioned Chinese Catholic Patriotic Association (CCPA), was the main celebrant. Meanwhile, in northern China, Coadjutor Bishop-elect Father Joseph Sun Jigen of Handan has not returned to the diocese since he was taken away forcibly by security officers three days ago. The diocese posted on its website today a notice to demand the return of Father Sun and a letter to the government protesting against its interference in their ordination. Since yesterday, some Catholic websites and blogs have been warned to delete posts and comments related to the recent ordinations. In Leshan diocese, six other participating prelates were Bishops Joseph Li Jing of Ningxia, Joseph Li Shan of Beijing, Joseph Zhao Fengchang of Liaocheng, Paul He Zejiang of Wanzhou (Wanxian), Paul Xiao Zejiang of Guizhou (Guiyang) and Peter Fang Jianping of Tangshan. They all laid hands on the new bishop’s head. All of the consecrators are Vatican-approved. They have previously participated in other illicit episcopal ordinations, except for Bishops Xiao and Li Jing.

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Australian Business Forum helps Australian SMEs and businesses to understand the Chinese market and refine their China strategy. http://abf.events/ ABOUT THE PRESENTATION BELOW Success in Asia is highly attractive, and fraught with challenges. What works in Western markets doesn't always apply to audiences in China. These markets ranging from the highly sophisticated, like Shanghai and Beijing, to those with 'Tier 3' millionaires who lack international experience. This presentation covers surprising statistics on China and the pitfalls for foreign brands who fail to plan their China approach. Originally presented by the China Way (http://thechinaway.com/) at Australia-China BusinessWeek 2015 Sydney

Western Perception vs. Chinese Reality: The China Way

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Understanding the individualism versus collectivism as a cultural dimension clearly shows the diversity in how societies relate to one another. In individualistic societies it’s more about acknowledging individual accomplishments, not mixing social life and work life too much, privacy, encouraging debate and expression of an own idea. On the other hand, in collectivistic societies wisdom is the most important factor, avoid giving negative feedback, highly encouraged to suppress feelings that may cause rife in the group and people are encouraged to be polite and to say “No” causes people to lose face thus should be avoided and that’s where China falls… You can learn more by visiting our blog here! https://www.laowaicareer.com/blog/global-cultural-dimensions-collectivism-vs-individualism/

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What about entering the largest market in the world? In recent years, China has become the largest and one of the most innovative markets, with nearly 700 million smartphone users and home of some of the largest tech companies in the world such as Alibaba, Tencent or Xiaomi. China is closing the gap with US in terms of R&D spending and is already home to over a thousand R&D firms. Even if it is the largest market in the world, it is still an unknown market. During this 45 min. workshop, Max Peiro will present you this unique innovative market and how the combination of a massive early-adoption consumer base and a large demand for innovation triggered by tech companies and government initiatives alike can bring solid opportunities for Western start-ups. Max is the Co-founder and CEO of Sanpei Ventures, a venture investment holding based in Shanghai. Max have been living in China for over 8 years, helping Western tech start-ups to set foot and accelerate their growth in Chinese market.

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Some think working remotely is a terrible setting that takes control away and let's employees stay at home and be useless. Others find that remote work increases overall productivity and lowers the need to micromanage. And both sides might be correct as remote work, like all other structures, work really well for some and make others crazy. The only thing that we can say for certain is that telecommuting is increasingly popular and there are problems you need to face to make it work.

How to Successfully Run a Remote Team

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It’s so hard to have engaged employees. It’s such a delicate thing to try and get right because employees can be fragile. As a manager, you have to do everything in your power to make sure employees are happy and engaged at all times. Usually, the problem is the boss, and not things like the company, mission statement, or co-workers. If you know that your boss is the biggest problem, there are ten things that they do to kill motivation. If you’re a manager and you’re reading this, make sure you avoid these mistakes to ensure that your employees are engaged during work. The secret to good leadership is to be authentic. Be honest with your staff. Read more on Officevibe blog: https://www.officevibe.com/blog/10-kill-employee-motivation like us on Facebook!: www.facebook.com/officevibe

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