When Japanese ways to organize business like Just-In-Time hit the world, it changed how companies work profoundly. China has not yet produced such a disruptive model, but white-good producer Haier might just be on the way, says IMD-professor Bill Fischer in Business Week, by replacing middle management by internal competition.
A power shift is taking place as China’s first generation entrepreneurs is getting ready to hand over the reigns to a second generation. WSJ’s Wei Gu explores with Francis Ping of Relay China how this second generation differs from their fathers and mothers. More international, they speak a common language with entrepreneurs elsewhere in the world.
As China goes fast global, its citizens try to get adjusted to international manners and customs, from eating with knife and fork to making different noises at the dinner table, Chinese turn massively to international etiquette and manners, tells business analyst Shaun Rein in the Korea Herald.
IMD-professor (and formet CEIBS dean) Bill Fischer wrote up on his weblogwhat makes him successful in executive education, answers on questions from CEIBS professor Ellie Weldon. “One of the few advantages that I have found to be associated with aging, however, is that sometimes people ask for your opinions, and then actually listen.”