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Think Global, Act Local
An interview with Shunee Yee, President & CEO of CSOFT


Fate is fair. All men are created equal, but not all
men are able to seize their moment or willing to put
in enough effort to materialize their luck.


                                                                            “Y      ou know… that’s not how business works,” Yee
                                                                                    said, illustrating a graph in the air with sharp
                                                                            ups and downs. “Rather than a static graph, it’s more
                                                                            of a spiral. If it doesn’t climb up, it will slip down. And
                                                                            at every turning point there is a threshold.”

                                                                            Yee is a lady of typical Southern build—delicate,
                                                                            graceful, restrained, and with an artistic temperament.
                                                                            Yet within a few minutes of conversation with her, you
                                                                            can’t help but strongly perceive the incisiveness and
                                                                            acumen of a practical business woman.

                                                                            Under Yee’s direction, the senior managers at
                                                                            CSOFT are fully aware of the fact that they cannot
                                                                            manage effectively without stepping away from
                                                                            their comfortable office chairs. Their boss has led by
                                                                            example, having just personally traveled to Europe
                                                                            to secure a new major customer. And in spite of their
                                                                            flourishing business, they are frequently reminded
                                                                            of the potential challenges inherent in developing a
                                                                            false sense of security. “Bill Gates told his employees
                                                                            about the success of Microsoft. He also often reminded
                                                                            them that, in terms of bankruptcy, Microsoft could be
                                                                            as close as 90 days away,” Yee added. “I can say that,
                                                                            as far as bankruptcy is concerned, CSOFT could be
                                                                            as close as 30 days away. Everyone at CSOFT must
                                                                            maintain a sense of urgency and responsibility, and
                                                                            never let their guard down.”

                                                                            In recent times, Yee told The Week, she has frequently
                                                                            been in contact with top domestic and international
                                                                            investment funds. Revving up for the capital market is
                                                                            her next task— to help her company take the plunge
                                                                            from “good to great.”




                                                                                            Shunee Yee
                                                                                     founded CSOFT in 2003 with the goal
                                                                                  of establishing the company as the world’s
                                                                              leading globalization firm, providing strategic and
                                                                            cost-effective solutions for large enterprises looking to
                                                                            expand their presence in growing markets. Under her
                                                                         leadership, CSOFT has grown from a single Beijing-based
                                                                              office to a global corporation with 14 offices in key
                                                                          locations around the world. Yee is the 2009 winner of the
                                                                            prestigious International Stevie Award for Best Asian
                                                                           Entrepreneur for Women in Business. She successfully
                                                                             completed a senior executive education program at
                                                                               Harvard Business School, holds a bachelor of arts
                                                                                    from Nanjing Normal University, and a
                                                                                       master’s degree from Rhode Island
                                                                                                     College.




Translated from The Week (东方壹周), Vol. 6, published on August 12, 2011.                                                      www.csoftintl.com
Q&A                                                  Fate is fair. All men are created equal, but
                                                     not all men are able to seize their moment
                                                     or willing to put in enough effort to
Q = The Week A= Shunee Yee                           materialize their luck. What I mean by that
                                                     is that disappointment—or even failure—is
Q: I’m surprised to see people of so many            part of the bigger picture, and it’s how you
different nationalities working at CSOFT’s           deal with disappointment that determines
headquarters. How many foreign nationals             whether or not you can be a success.
are employed at your company? Have
there been any conflicts at work as a result         When making a choice or decision,
of cultural differences?                             you’re inevitably influenced by various
                                                     considerations. What’s most important
A: Well, in our Beijing office alone, we             in my view is how you look at a given
have employees representing more than                opportunity. If you truly believe that it’s
20 nationalities, so you can imagine how             your opportunity—or your ‘moment,’ so
difficult it can be to maintain a unified            to speak—you need to seize it, and work
company culture. I was once joking with my           hard to materialize it. Then in a way, that
team that at our annual operations summit            opportunity—including the difficulties
we should make up our own version                    that may arise from it—becomes your luck.
of Mambo Number 5, as in, ‘A little bit of           Regardless of the choices you make, success
Russia’s all I need. A little bit of France is all   does not come by itself. Dreaming without
I see,’ etc. In our office, here and there, we       hard work will never amount to anything.
always hear people say, ‘He is so French’                                                            Recently, I have been in frequent contact
or ‘She is so German.’ Whenever I hear               At CSOFT, I have come to realize how            with investors. This, I feel, has been a great
things like this, I always want to respond,          amazing individual potential can be.            period of introspection and reflection. I
‘Can’t we all just be so CSOFT?!’ Once               This is the proudest moment for me as a         often joke that we’re like fish in a tank, but
our members learn to possess this kind of            manager. When our employees are given           feeling good about ourselves is simply not
mindset, they naturally figure out how to            responsibility for more things, it translates   enough. Whether we look good or not, we
balance things out. They’re no longer shy            into tremendous productivity. When we           have to be judged by viewers outside the
about their unique culture, and they learn           stimulate, mobilize, and utilize the personal   tank. Or in other words we need to truly
how to better collaborate, compromise and            initiative of every employee, the positive      understand how others perceive us in order
appreciate each other.                               impact is much greater than that of any         to better realize our value.
                                                     procedure or system.
‘One World, One Market’ is CSOFT’s                                                                   CSOFT has been growing well. A key
tagline. Our business stands at the                  Witnessing this type of personal growth         reason is that, financially speaking, we are
intersection of language and technology,             among my colleagues is what has helped          very principled and disciplined. Because
touching upon many fields and industries.            me stay committed to CSOFT over the             of our sound financial health, we are in
Some multinational companies are trying              years. I strongly believe every individual      the perfect position to pick and choose the
to sell their products in the markets of             with determination and perseverence has         investors with whom we’d like to cooperate.
other countries, and they want to achieve            the potential to succeed on their own. If you
that by simply changing the language                 can’t be number one or number two in your       Many public companies, Microsoft or
interface of their products. But the fact            chosen sector, you might want to consider       Google for example, went public not
of the matter is that there are many other           doing something else. Striving to become        because they were short on money. They
areas that need to be changed, particularly          the best—that’s the much-needed pride of        chose to go public so that they would be
areas with culturally relative elements. Take        an entrepreneur.                                able to expand more aggressively and so
the Middle Eastern market for example.                                                               that their employees would be able to be
For advertisements in this market, it’s not                                                          better rewarded. To me, as a company
appropriate for a woman to appear in a               If you can’t be number one or number            founder, the relentless pursuit of greatness
shirt without sleeves. Locally, these kinds          two in your chosen sector, you might            and a sense of achievement are far greater
of things will be viewed as indecent or              want to consider doing something                than what making money alone entails. I
disgraceful. Because of details like this,           else. Striving to become the best—              relish in the achievement and satisfaction of
even for a seemingly simple product,                 that’s the much-needed pride of an              seeing those who have worked and fought
there’s quite a bit of targeted cultural data                                                        alongside of me being well rewarded. We
and regulatory informaton that needs to be           entrepreneur.
                                                                                                     have greatly matured and are ready for the
taken into account before companies can                                                              next, bigger step.
successfully sell their products overseas.
                                                     Q: CSOFT recently entered its eighth            My goal is that, in the next four or five
Q: You have mentioned that your company              year of operation. The company is doing         years, we will be able to rise and enter into
is like your second child. We all know that          extremely well in terms of profitability.       a new phase, and that our new generation
parents like to plan for their children’s            Have you ever attracted the attention of        of leaders will be able to excel. And then,
future. I presume that, during the start-up          investors? What’s your plan for the future?     the even newer generation will be able to
stage, it was very difficult to foresee how          Any plans of financing or going IPO?            further excel, et cetera. This is extremely
big CSOFT would eventually grow to                                                                   important to us.
become. In your view, what are the things            A: I’ve been working in the industry for
that have led you to where you are today,            some seventeen or eighteen years. Eight         In the next few years, many of our staff will
and have helped you stay committed?                  of those years have been with my own            continue to grow with us. There will also
                                                     company, where the growth has been              be new faces and new management. This
A: Getting to where we are today is                  100% organic. Naturally, at different           company was born in the same year as my
primarily a result of focusing on details,           stages of business or life, people have         child. In a certain sense, as you mentioned,
and doing ordinary things extraordinarily            different thoughts and ideas. Frankly, I        CSOFT is my second child. My love for
well. Starting up a business isn’t a grand           would have rejected the thought of merger       and faith in the company will last forever.
and glamorous process. It’s very hands-on            and acquisition when I first started this       This, however, does not suggest that I will
in that it’s those little, ordinary things that      company eight years ago, because M&As           always be the all-powerful frontrunner to
you have to pay attention to. For anything           often focus solely on the ROI of investors      spearhead our future growth. My personal
that I do, big or small, I’m the type of             but not necessarily on the interests of         management philosophy is to distill the
person who puts all of my attention into             customers, management or regular                wisdom of my management team and
doing them well.                                     employees. But truly great companies,           prepare it for future generations. I’m very
                                                     Microsoft for example, have been able           fortunate to work with a team that shares
I’m not suggesting that I’m good in all                                                              the same dream, ambitions, and goals.
areas. Just like everyone else, I run into           to bring benefits to all three parties—in
moments of disappointment. But like wine,            addition to investors—during the process.
people improve with age. When you grow               Some great companies are capable of
older, you’ll get a better idea of the things        keeping their market value steady and           Introduction to CSOFT
you’re good at. You’ll be more tolerant and          beating the market fifteen years in a row.      CSOFT International helps companies of all sizes achieve better
able to accept disappointment.                       These companies are the ones that are           penetration in growing markets with an end-to-end combination
People have a tendency to be embittered              hardheaded, down-to-earth, and focus on         of information development, language and technology services.
by disappointment, and complain about                executing business details well instead of      With 14 offices in key locations around the globe, CSOFT
                                                     relishing in the glamour or spotlight. My       delivers quality-driven language solutions with fanatical customer
all sorts of unfairness. I use a different                                                           service, ISO-certified processes, best-of-breed language
approach and try to take every aspect of             hope for CSOFT is that it will join these
                                                     ranks as a solid company that lasts.            technology and an award-winning multinational leadership team.
a problem into consideration. I feel that
Translated from The Week (东方壹周), Vol. 6, published on August 12, 2011.                                                                           www.csoftintl.com

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Think global act local an interview with csoft ceo shunee yee

  • 1. Think Global, Act Local An interview with Shunee Yee, President & CEO of CSOFT Fate is fair. All men are created equal, but not all men are able to seize their moment or willing to put in enough effort to materialize their luck. “Y ou know… that’s not how business works,” Yee said, illustrating a graph in the air with sharp ups and downs. “Rather than a static graph, it’s more of a spiral. If it doesn’t climb up, it will slip down. And at every turning point there is a threshold.” Yee is a lady of typical Southern build—delicate, graceful, restrained, and with an artistic temperament. Yet within a few minutes of conversation with her, you can’t help but strongly perceive the incisiveness and acumen of a practical business woman. Under Yee’s direction, the senior managers at CSOFT are fully aware of the fact that they cannot manage effectively without stepping away from their comfortable office chairs. Their boss has led by example, having just personally traveled to Europe to secure a new major customer. And in spite of their flourishing business, they are frequently reminded of the potential challenges inherent in developing a false sense of security. “Bill Gates told his employees about the success of Microsoft. He also often reminded them that, in terms of bankruptcy, Microsoft could be as close as 90 days away,” Yee added. “I can say that, as far as bankruptcy is concerned, CSOFT could be as close as 30 days away. Everyone at CSOFT must maintain a sense of urgency and responsibility, and never let their guard down.” In recent times, Yee told The Week, she has frequently been in contact with top domestic and international investment funds. Revving up for the capital market is her next task— to help her company take the plunge from “good to great.” Shunee Yee founded CSOFT in 2003 with the goal of establishing the company as the world’s leading globalization firm, providing strategic and cost-effective solutions for large enterprises looking to expand their presence in growing markets. Under her leadership, CSOFT has grown from a single Beijing-based office to a global corporation with 14 offices in key locations around the world. Yee is the 2009 winner of the prestigious International Stevie Award for Best Asian Entrepreneur for Women in Business. She successfully completed a senior executive education program at Harvard Business School, holds a bachelor of arts from Nanjing Normal University, and a master’s degree from Rhode Island College. Translated from The Week (东方壹周), Vol. 6, published on August 12, 2011. www.csoftintl.com
  • 2. Q&A Fate is fair. All men are created equal, but not all men are able to seize their moment or willing to put in enough effort to Q = The Week A= Shunee Yee materialize their luck. What I mean by that is that disappointment—or even failure—is Q: I’m surprised to see people of so many part of the bigger picture, and it’s how you different nationalities working at CSOFT’s deal with disappointment that determines headquarters. How many foreign nationals whether or not you can be a success. are employed at your company? Have there been any conflicts at work as a result When making a choice or decision, of cultural differences? you’re inevitably influenced by various considerations. What’s most important A: Well, in our Beijing office alone, we in my view is how you look at a given have employees representing more than opportunity. If you truly believe that it’s 20 nationalities, so you can imagine how your opportunity—or your ‘moment,’ so difficult it can be to maintain a unified to speak—you need to seize it, and work company culture. I was once joking with my hard to materialize it. Then in a way, that team that at our annual operations summit opportunity—including the difficulties we should make up our own version that may arise from it—becomes your luck. of Mambo Number 5, as in, ‘A little bit of Regardless of the choices you make, success Russia’s all I need. A little bit of France is all does not come by itself. Dreaming without I see,’ etc. In our office, here and there, we hard work will never amount to anything. always hear people say, ‘He is so French’ Recently, I have been in frequent contact or ‘She is so German.’ Whenever I hear At CSOFT, I have come to realize how with investors. This, I feel, has been a great things like this, I always want to respond, amazing individual potential can be. period of introspection and reflection. I ‘Can’t we all just be so CSOFT?!’ Once This is the proudest moment for me as a often joke that we’re like fish in a tank, but our members learn to possess this kind of manager. When our employees are given feeling good about ourselves is simply not mindset, they naturally figure out how to responsibility for more things, it translates enough. Whether we look good or not, we balance things out. They’re no longer shy into tremendous productivity. When we have to be judged by viewers outside the about their unique culture, and they learn stimulate, mobilize, and utilize the personal tank. Or in other words we need to truly how to better collaborate, compromise and initiative of every employee, the positive understand how others perceive us in order appreciate each other. impact is much greater than that of any to better realize our value. procedure or system. ‘One World, One Market’ is CSOFT’s CSOFT has been growing well. A key tagline. Our business stands at the Witnessing this type of personal growth reason is that, financially speaking, we are intersection of language and technology, among my colleagues is what has helped very principled and disciplined. Because touching upon many fields and industries. me stay committed to CSOFT over the of our sound financial health, we are in Some multinational companies are trying years. I strongly believe every individual the perfect position to pick and choose the to sell their products in the markets of with determination and perseverence has investors with whom we’d like to cooperate. other countries, and they want to achieve the potential to succeed on their own. If you that by simply changing the language can’t be number one or number two in your Many public companies, Microsoft or interface of their products. But the fact chosen sector, you might want to consider Google for example, went public not of the matter is that there are many other doing something else. Striving to become because they were short on money. They areas that need to be changed, particularly the best—that’s the much-needed pride of chose to go public so that they would be areas with culturally relative elements. Take an entrepreneur. able to expand more aggressively and so the Middle Eastern market for example. that their employees would be able to be For advertisements in this market, it’s not better rewarded. To me, as a company appropriate for a woman to appear in a If you can’t be number one or number founder, the relentless pursuit of greatness shirt without sleeves. Locally, these kinds two in your chosen sector, you might and a sense of achievement are far greater of things will be viewed as indecent or want to consider doing something than what making money alone entails. I disgraceful. Because of details like this, else. Striving to become the best— relish in the achievement and satisfaction of even for a seemingly simple product, that’s the much-needed pride of an seeing those who have worked and fought there’s quite a bit of targeted cultural data alongside of me being well rewarded. We and regulatory informaton that needs to be entrepreneur. have greatly matured and are ready for the taken into account before companies can next, bigger step. successfully sell their products overseas. Q: CSOFT recently entered its eighth My goal is that, in the next four or five Q: You have mentioned that your company year of operation. The company is doing years, we will be able to rise and enter into is like your second child. We all know that extremely well in terms of profitability. a new phase, and that our new generation parents like to plan for their children’s Have you ever attracted the attention of of leaders will be able to excel. And then, future. I presume that, during the start-up investors? What’s your plan for the future? the even newer generation will be able to stage, it was very difficult to foresee how Any plans of financing or going IPO? further excel, et cetera. This is extremely big CSOFT would eventually grow to important to us. become. In your view, what are the things A: I’ve been working in the industry for that have led you to where you are today, some seventeen or eighteen years. Eight In the next few years, many of our staff will and have helped you stay committed? of those years have been with my own continue to grow with us. There will also company, where the growth has been be new faces and new management. This A: Getting to where we are today is 100% organic. Naturally, at different company was born in the same year as my primarily a result of focusing on details, stages of business or life, people have child. In a certain sense, as you mentioned, and doing ordinary things extraordinarily different thoughts and ideas. Frankly, I CSOFT is my second child. My love for well. Starting up a business isn’t a grand would have rejected the thought of merger and faith in the company will last forever. and glamorous process. It’s very hands-on and acquisition when I first started this This, however, does not suggest that I will in that it’s those little, ordinary things that company eight years ago, because M&As always be the all-powerful frontrunner to you have to pay attention to. For anything often focus solely on the ROI of investors spearhead our future growth. My personal that I do, big or small, I’m the type of but not necessarily on the interests of management philosophy is to distill the person who puts all of my attention into customers, management or regular wisdom of my management team and doing them well. employees. But truly great companies, prepare it for future generations. I’m very Microsoft for example, have been able fortunate to work with a team that shares I’m not suggesting that I’m good in all the same dream, ambitions, and goals. areas. Just like everyone else, I run into to bring benefits to all three parties—in moments of disappointment. But like wine, addition to investors—during the process. people improve with age. When you grow Some great companies are capable of older, you’ll get a better idea of the things keeping their market value steady and Introduction to CSOFT you’re good at. You’ll be more tolerant and beating the market fifteen years in a row. CSOFT International helps companies of all sizes achieve better able to accept disappointment. These companies are the ones that are penetration in growing markets with an end-to-end combination People have a tendency to be embittered hardheaded, down-to-earth, and focus on of information development, language and technology services. by disappointment, and complain about executing business details well instead of With 14 offices in key locations around the globe, CSOFT relishing in the glamour or spotlight. My delivers quality-driven language solutions with fanatical customer all sorts of unfairness. I use a different service, ISO-certified processes, best-of-breed language approach and try to take every aspect of hope for CSOFT is that it will join these ranks as a solid company that lasts. technology and an award-winning multinational leadership team. a problem into consideration. I feel that Translated from The Week (东方壹周), Vol. 6, published on August 12, 2011. www.csoftintl.com