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Diversity, Consistency, and Efficiency

 

Published: February 22, 2006
By Jian Shuo Wang
Tag: business (1)

 

I have some point-of-views for diversity, consistency, efficiency, and the difference between China and U.S. It is just some random thought, without any systematic thinking...

  • When a company just went IPO (like Google), internationalization is the only way to keep up with the fast pace of Wall Street.
  • Internationalization is hard. It is harder than one can imagine.
  • In U.S., consistency across all the states, and across all the business, and people have been established. Consistency is the key to efficiency. Only when people can handle all the request in the same or very similar way, they can be efficient.
  • China is a diversified country. Difference between geographic locations, businesses is obvious.
  • No surprise when we see several people can run a huge business, because the shipping, payment, law, etc are pretty consistent. In China, the challenge is, there are so many banks that have different interfaces. The same bank has different system in each region. The business process varies greatly from company to company... etc.
  • I won't say consistency is the only right way. Diversity is the essential part of the nature. The nature is diversity. Although the human effort to force consistency in recent several hundreds year worked, it may eventually fail.
  • Currently, at least in this century, the economy is designed that only the country with highest efficiency win. That is the biggest challenge for the process of globalization.
  • With WTO, China is unconvertible moving to be part of the global world. So it is critical for people in China to start to learn the international rules.
  • For people doing business in China, it is also critical to understand the difference, get insight about the culture. It does not make sense to complain the rule is not the same as other regions. This rule has been there for thousands of years.

Related: 20 Years of Professional Managers in China


Posted by Jian Shuo Wang at February 22, 2006 10:18 PM | TrackBack (0)