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9780470824368

Made in China Secrets of China's Dynamic Entrepreneurs

by ; ;
  • ISBN13:

    9780470824368

  • ISBN10:

    0470824360

  • Edition: 1st
  • Format: Paperback
  • Copyright: 2009-03-16
  • Publisher: Wiley
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List Price: $32.00

Summary

Insight and analysis on the strategies that have led to China's rapid economic expansionChina's rapid economic growth has made it a vital market for the biggest multinational corporations, most of which have invested heavily in China. Yet those corporations face their toughest competition not from other multinationals, but from China's own homegrown businesses. China's entrepreneur class has grown and their businesses are succeeding primarily due to their knowledge of the domestic market, quick adaptation to market changes, and their resourcefulness. To paraphrase Sun Tzu, it is best to know one's enemy. Made in China gives executives at multinationals the inside insight they need to compete with China's homegrown businesses before they lose out.Winter Nie (Lausanne, Switzerland) is a professor in the Operations and Service Management programs at IMD. Katherine Xin (Shanghai, China) is a professor at IMD with extensive teaching, research, and consulting experience at universities and companies around the world. Lily Zhang (Shanghai, China) is a Research Associate at IMD. She has worked at Dow Jones China for more than four years and as a journalist for The Economist Group for two years.

Author Biography

Winter Nie (Lausanne, Switzerland) is a professor in the Operations and Service Management programs at IMD.

Katherine Xin (Shanghai, China) is a professor at IMD with extensive teaching, research, and consulting experience at universities and companies around the world.

Lily Zhang (Shanghai, China) is a Research Associate at IMD. She has worked at Dow Jones China for more than four years and as a journalist for The Economist Group for two years.

Table of Contents

The Competition between MNCs and Local POEs in the China Marketp. 1
Wahaha: Danone's Dream Partner and Nightmarep. 3
Market Segment: The Success of a School-Run Factoryp. 4
Purified Water: The Way to Brand Expansionp. 5
Future Cola: Sharing the China Market with Pepsi and Cokep. 7
A Decade of Collaboration with Danone Was in Troublep. 10
Nice: P&G's Fierce Local Competitorp. 17
Product Differentiation: The Rising of a Workshop Factoryp. 17
Winner of the Laundry Detergent Market over P&G and Unileverp. 19
Move up into the High-End Marketp. 22
Taobao: The eBay Killerp. 27
Taobao: Alibaba's Defensep. 28
Differentiation from the Competitorp. 29
Unique Corporate Culturep. 31
The Advertisement Warp. 32
Huge Market Potential Brought by Big Market Sharep. 34
eBay China or China Piece of a Global eBayp. 36
Who Are They?p. 39
Chinese POEs: MNC's Main Competitors in the China Marketp. 39
Small- and Medium-Sized POEs: Your Potential Rivalsp. 39
Research Methodologyp. 47
The Role of POEs in China's Economyp. 48
The Evolvement of Entrepreneurship in Chinap. 55
The Development of Chinese Commercep. 57
A Brief Historical Backgroundp. 57
The Period of Reform and Opening-upp. 81
Three Storiesp. 87
The Story of Michael Map. 87
The Story of Liu Qiongyingp. 93
The Story of Hou Zhengyup. 99
Understanding Entrepreneurs in Today's Chinap. 109
Who Are the Typical Entrepreneurs?p. 111
Entrepreneurs of Grassroots Backgroundp. 112
Experts Turned Entrepreneursp. 116
Officials Turned Entrepreneursp. 120
Professional Managers Turned Entrepreneursp. 121
Business Modelp. 125
Startup Capitalp. 125
Business Modelp. 130
Business Models with Chinese Characteristicsp. 135
American Models Do Not Workp. 137
Transformationp. 138
Building Organizational Capabilityp. 146
Corporate Governancep. 154
Bottlenecksp. 163
Threats and Opportunities for MNCs: Competition and Cooperation with Chinese Entrepreneursp. 169
Individual Characteristics for Their Successp. 171
Characteristics for Successp. 171
Compete with Themp. 183
Strengths of Chinese Startup POEsp. 184
Weaknesses of Chinese Startup POEsp. 188
Collaborate with Themp. 191
Possible Collaborative Opportunities with Chinese POEsp. 191
Potential Caveats of Cooperating with Chinese POEsp. 196
Interview Questionsp. 199
List of Companiesp. 201
Bibliographyp. 205
Indexp. 207
Table of Contents provided by Ingram. All Rights Reserved.

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