Emerging Best Practices of Chinese Globalizers: Tackle the Operational Challenges, a report prepared in collaboration with Strategy&, identifies emerging best practices of Chinese globalizers in a new global operating model that consists of four building blocks – Culture, Governance, Processes, and People.
Despite the global economic and financial crises of recent years, corporate China continues its push for globalization. Our research found, however, that increased effort at globalization does not necessarily lead to increased output. Furthermore, companies with similar, perfectly sound globalization strategies do not necessarily achieve similar results. What distinguishes a group of companies the report identifies as Chinese Globalization Champions from the rest of the pack is their ability to systematically tackle various operational challenges in the globalization process.
We hope the report will assist Chinese globalizers, no matter what globalization stage they are in, by customizing their solutions to their major operational challenges while also taking a holistic approach, implementing the full range of best practices designed to deal with the particular operational polarities that pose the biggest challenges in their business context and stage of globalization.