RETIRED: Expanding Your Business Into China

Learn insights into current Chinese business culture and best practices to better plan inroads, more effectively manage operations, or expand existing initiatives into China.

For most businesses, China is one of the largest untapped markets in the world. But it's also one of the hardest to 'get right' when it comes to business customs and practices. The recent unprecedented growth of the Chinese economy has made the operating environment even more complex and opportunistic.

This program has been designed to simplify and clarify things by furnishing you with the knowledge and insights you need – into culture, business processes, politics, marketing channels, strategic partnerships, and other operational issues – to successfully move your initiatives forward.

The Best Part:

Our practical, realistic business plan development exercise helps you formulate a comprehensive approach to planning your market entry into China for sustained success.

Who Should Attend

This program will be of interest to senior executives and business unit managers who are looking for ways to expand or enhance businesses opportunities in China, including:

  • Business owners and CEOs
  • VPs and directors of marketing, sales, finance, logistics, operations and human resources
  • Business development directors
  • Project directors and managers
  • Business channel specialists
  • International business advisors

What You Will Learn

  1. An enhanced understanding of the Chinese business environment by
    reviewing the cultural and market history of the country
  2. Insights into the business-related mindset and thought processes of the people
  3. Unique factors to take into account when developing a comprehensive business plan
  4. The roles played by local banks and how they support you
  5. How to find the right employees, and retain them in a superheated economy
  6. Secrets to avoiding unnecessary bureaucratic red tap and time-wasting frustrations
  7. Strategic planning and management tools to compete in the contemporary Chinese business environment
  8. In-depth preparation for human resources related issues and complex people management scenarios
  9. Daily operations – how to ask questions that cut to the heart of the matter without being offensive
  10. Managing politics – how to interpret what you see, read and hear in light of political, cultural and economic realities
  11. What to do about growing competition and market encroachment
  12. The most critical elements to be aware of for sustainable profitability
  13. What to do when your operation is not living up to expectations or projections

Program Content

Day 1: Overview and Evolution of China's Present Day Business Environment Brief Account of China's History

  • The evolution of the economy
  • The Qing Dynasty
  • Contemporary business environment

The Size and Shape of China

  • The geography
  • The people: a glimpse into the mindset
  • The major economic indices

History of Foreign Trade

  • The Silk Road / Zheng He's Sailings
  • Foreigners at the gate
  • People's Republic of China's foreign trade

Evolution of the Enterprise in China

  • State owned enterprise
  • Private / collective enterprise
  • Publicly listed enterprise

Emerging Business Opportunities

  • Examples and characteristics
  • Regional considerations
  • Competition and support landscape

Business Plan Development Exercise

Day 2: Creating a Comprehensive Business Plan for Success in China

Critical Elements of Successful Business Plan Development

  • Key parameters
  • Business models
  • Market evaluation and revenues projection
  • Financial planning
  • Human resources considerations
  • Growth & exit strategy
  • Contingencies
  • Establishing a time line

Working with Established Organizations& Partners

  • Interacting with business & service partners
  • Achieving visibility and promotion
  • Effective market positioning

Case Studies

  • A success story
  • A success turned sour story
  • When to start and when to stop

Business Plan Development Q & A

Day 3: Key Operational Challenges in Day-to-Day Operations and Management

Managing The Business

  • Satisfying expectations
  • Hazards to avoid
  • Labor relations / unions
  • Sweet Music
  • The key to successful communication – interpreting what you hear and see
  • Getting your point across
  • Keeping your head above water

Problem Diagnosis and Solution Development

  • Identifying & categorizing problems
  • Working out potential solutions
  • Deciding on a course of action and fall back position
  • Short term fixes and longer term solutions
  • Preparing for and dealing with fall out

Presentation of Business Plans

  • Presentation by participants, evaluation and comments by panel of judges

Summary, Conclusion and Wrap-up

 

Instructors

Paul Ip

An expert with over 40 years experience in joint-venture partnerships in China, Paul has conducted feasibility studies with international organizations, managed relations with local authorities, planned and achieved growth and expansions, and initiated human resources policy, recruitment and training. Having served in capacities as a managing director, regional director (Asia Pacific), and board member, Paul currently consults on training and mentoring of next generation management talents.

Course Details

  • Level: III - Expert, II - Advanced
  • Duration: 3 days
  • Tuition: $ 2395.00

Brochure Options

What Participants Say About This Course

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Schulich Executive Education Centre
Schulich School of Business, York University
Toronto, Ontario, Canada
Tel: 416-736-5079
Toll Free in Canada: 1-800-667-9380
Email: execedinfo@schulich.yorku.ca

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