Business Journey to the East

Edited by Chow Hou Wee · Fred Combe
McGraw Hill Higher Education November 2008

Specifications

ISBN-13
9780071278027
Publisher
McGraw Hill Higher Education
Publication
November 2008
Format
Paperback , 300 pages
Jurisdiction
International ? Countri(es) for reference only

Details

With the rapid shift in global economic power, many Western companies are jumping onto the bandwagon towards Asia, lured by the rich returns that the region can potentially provide. However, many are ill prepared for the cultural challenges, many are too impatient and prescribed in their market entry strategies and many struggle with the possibility that there is an alternative Asian approach to business. Their success rate is very poor: early failure leads to frustration and stagnation. 

But what if there were a faster way to appreciate the new Asia, to understand better how Asians strategize and practice business' How could companies avoid the many pitfalls and accelerate their learning curves' What could make them sit up and realize that a fresh business approach to Asia, combining the best of East and West, could substantially increase their success rate'

Professor Chow-Hou Wee and Fred Combe share their combined academic and real world wisdom in an East-meets-West collaboration. In this book, they blend the practical, cultural, and historical realities of doing business in Asia with anecdotes and refreshing insights from great Asian influencers as well as the works of Chinese philosophers and strategists, notably, Sun Zi Bingfa, the most well known Chinese military treatise in the world.

Throughout the book, the authors explore why Asians and Westerners think and operate differently, examine how the West needs to urgently reappraise its role in Asia and propose that the West adopt a new business approach that combines Asian and Western strategy.

 

  • Provides an overall approach for succeeding through corporate relocation'the difficulty of which is hugely underestimated
  • The authors have extensive hands-on and academic experience regarding this subject

Table of Contents

Praise for the book
Preface
 1     The New Asian Challenge: Myth or Reality'
 2     Sun Zi Bingfa: Unlocking the Mindset of the Asian Strategist
 3     Double Glazing: How Come We Are Different'
 4     Using the Messenger: Achieving What You Cannot Do
 5     Moving Goalposts: Concealing Intentions or Testing Your Patience'
 6     Forgiven But Not Forgotten: Less Scope for Mistakes
 7     The Expatriates Phenomena: How Valuable Are They to Building Businesses'
 8     Handling Nocturnal Activities: From Drinking Binges, Karaoke to Making Speeches
 9     The Industrious and Adaptable Asian: Going the Extra Mile and More 
10     Deciphering the True Message: Key to Remove Misunderstanding
11     Face: Potential Hazards or Invaluable Value
12     Personal Business Relationships or Guanxi: Necessary Evil or Part of Asian Culture'
13     Gifts or Bribes: Taming the Big "C"
14     Leading in Asia: More Insights and Perspectives
15     Where Do We Go From Here': One Step at a Time and More
16     Moving Forward: Building Bridges for a Better Future
Bibliography
Index

About the Author

Chow-Hou Wee (Singapore) heads the Division of Strategy Management and Organization at the Nanyang Business School. He is a member of several editorial boards of international journals.

Fred Combe (Singapore) is founder and managing director of NATUS Pte Lt., a Singapore-based corporate management consultancy that helps clients optimize business results in Asia.

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