Companies operating in #China must evaluate their business approach and talent strategy to ensure they stay competitive in a post-pandemic market vastly different from before. We’ve put together a list of recommendations to help: https://bit.ly/3GA0A24
Russell Reynolds Associates’ Post
More Relevant Posts
-
Managing Director | Operations & Supply Chain - Global Capability Leader | Executive Search & Assessment
Companies operating in #China must evaluate their business approach and talent strategy to ensure they stay competitive in a post-pandemic market vastly different from before. My RRA colleagues have put together a list of recommendations to help.
To view or add a comment, sign in
-
🌏 Despite global uncertainties, Chinese businesses are charging ahead with an unprecedented global expansion spree! 📈 From January to July 2023, foreign direct investment surged to CNY 598.86 billion, marking a remarkable 13.1% YoY increase. 🌐 In collaboration with HRflag, Atlas has delved deep into this unstoppable #globalexpansion trend in recent 2023 Chinese Enterprise Global Expansion Whitepaper. Our dedicated study reveals: 📊 54% view global expansion as a critical business strategy for the next 2 years. 💪 75% exude confidence in going global, especially seasoned players. 🚀 41% embark on their expansion journey by leading with their products via export trade and franchises. 🌟 Want to uncover the secrets behind Chinese companies' global expansion? 📥 Download our insightful paper now: https://lnkd.in/gF_Ghh_U #ChineseBusiness #GlobalExpansion #BusinessStrategy #AtlasInAPAC #AtlasInChina
To view or add a comment, sign in
-
Mr Ang Yuit, President, ASME and Mr Ping Soon Kok, CEO, Singapore Business Federation, discussed the challenges faced by local businesses during an interview on 5th Jan 2024. Both Mr Ang and Mr Kok encourage companies to be bold in exploring opportunities while maintaining a cautious and prudent approach in the current economic climate. Mr Ang said "In light of the diminishing demand and heightened concerns, most small and medium businesses find themselves constrained in terms of resources, prompting a thoughtful evaluation of where to invest and place their bets. While businesses express a degree of caution, particularly in venturing into new markets and expansion due to associated risks, many are actively addressing the challenges posed by rising local manpower costs. Recognizing the potential offered by digitalization and remote work, businesses are strategically considering offshoring certain functions, carefully choosing markets for offshore opportunities. This comprehensive approach aims at sustaining growth, retaining key talent locally, and expanding skill sets, reflecting the nuanced strategies businesses are adopting to navigate uncertainties and capitalize on emerging opportunities." Find out more here: https://lnkd.in/gaYrmdSq #asme #asmesg #SME #SMECommunity #supportlocalbusiness #risingcosts #business #singapore #manpower #ESG #strategicplanning
Kok Ping Soon and Ang Yuit on Singapore business sentiment
https://www.youtube.com/
To view or add a comment, sign in
-
As the global economic landscape shifts, multinational corporations are increasingly focusing on the Asia-Pacific (APAC) as a pivotal area for expansion. Multinationals headquartered in countries where growth is slower will continue to look for opportunities in APAC as they enter new businesses, diversify, advance decarbonization and sustainability initiatives, and consolidate operations. Witness how this region is reshaping the future of M&A: https://lnkd.in/eW4FArAC #McKMandA
To view or add a comment, sign in
-
-
As the global economic landscape shifts, multinational corporations are increasingly focusing on the Asia-Pacific (APAC) as a pivotal area for expansion. Multinationals headquartered in countries where growth is slower will continue to look for opportunities in APAC as they enter new businesses, diversify, advance decarbonization and sustainability initiatives, and consolidate operations. Witness how this region is reshaping the future of M&A: https://lnkd.in/gZUCZ8Nw #McKMandA
To view or add a comment, sign in
-
-
Partner & Global Head of AI, Advanced Data, Analytics. and Digital Practice and Technology Transformation Executive Search, Advisory, and Assessment Consultant at Russell Reynolds Associates
Companies operating in #China must evaluate their business approach and talent strategy to ensure they stay competitive in a post-pandemic market vastly different from before. My RRA colleagues have put together a list of recommendations to help.
Refreshing Talent Strategy in China's Complex Market Environment
rraconnect.russellreynolds.com
To view or add a comment, sign in
-
Global Payments Executive ✦ Global Product Management ✦ Driving Business Growth, Commercial Payments ✦ Payment Strategy Consultant @ Point Monarch LLC
Global expansion is a pivotal strategy for multinational businesses seeking growth, market diversification, and enhanced competitive advantage. Despite significant challenges or "headwinds," the necessity of expanding internationally remains critical for sustained growth and long-term success. This detailed view explores the headwinds faced during global expansion and underscores its importance for multinational enterprises. #GlobalExpansion #BusinessGrowth #MarketDiversification #CompetitiveAdvantage
Navigating Headwinds in Global Expansion: A Critical Path for Multinational Growth — Point Monarch
pointmonarch.com
To view or add a comment, sign in
-
Embracing outsourcing and understanding the dynamics of globalization can be pivotal for businesses seeking growth and adaptability in today's world. Leveraging outsourcing strategically allows for accessing specialized skills and cost efficiencies, enabling companies to focus on core competencies. Simultaneously, embracing globalization opens doors to diverse markets, talent, and resources. However, it's crucial to navigate these waters thoughtfully, considering the implications on local economies, ethical practices, and long-term sustainability. Balancing these strategies can foster innovation, drive competitiveness, and create a dynamic, globally integrated business ecosystem. So, consider outsourcing as a strategic tool and view globalization as an opportunity to expand horizons while maintaining ethical and sustainable practices for a balanced and thriving global presence. Reach out to us : https://lnkd.in/dN2za3up #GlobalBusiness, #OutsourcingAdvantage, #GlobalizationImpact, #BusinessStrategy, or other industry-specific tags to reach your desired audience and increase engagement.
To view or add a comment, sign in
-
-
Learn how meticulous planning and strategic alignment can help you harness global talent, enhance operational efficiency, and elevate service delivery. Read the full article to transform your GCC strategy today. https://lnkd.in/gf3eqhFq #GlobalCapabilityCenter #ChangeManagement #CulturalFit #BusinessStrategy #OperationalExcellence
To view or add a comment, sign in
-
-
Learn how meticulous planning and strategic alignment can help you harness global talent, enhance operational efficiency, and elevate service delivery. Read the full article to transform your GCC strategy today. https://lnkd.in/gu5JZHnh #GlobalCapabilityCenter #ChangeManagement #CulturalFit #BusinessStrategy #OperationalExcellence
Learn how meticulous planning and strategic alignment can help you harness global talent, enhance operational efficiency, and elevate service delivery. Read the full article to transform your GCC strategy today. https://lnkd.in/gf3eqhFq #GlobalCapabilityCenter #ChangeManagement #CulturalFit #BusinessStrategy #OperationalExcellence
To view or add a comment, sign in
-