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China and Business From a recent articles about Alibaba, some came with negative commentary and mis information. I think some underestimate this company, because its not an American company, but they are not paying attention to the expansion and the wide business enterprises within this business model. In the west, we may have some good businesses, but we can't continue to carry on the assumption that we are the one and only. 40 yrs in the rise of China should show that China has a business model and they are growing and it is different than Western Business. Often time we think hype is all we need, but hype does not stand well against a business which has a sense of duty in how its operated. The culture in China has been one with a history of less waste and more duty within how people consider their business and their work. As a result their business have grown astronomically. They may have less valuation within their currency, but they have a higher density of population which means their money cycles in their community many times. This results to many Chinese gaining uplift in their personal monetary gains of individuals. If we look at infrastructure project, China has out built up 10:1 easily, and they build mega structures which is to address their population size, but also they have to consider their growth elements as well. In notice a lot of slap stick comedy by people in America when an article about Chinese business and business growth. But sadly, while we are focused on slap stick comedy, China focuses on the duty of their business aims. This makes a big difference in how their success modeling progresses. The world has to learn from the world - PERIOD. Once any entity begins to underestimate their competing global partners, the gap in progress will widen. We've seen this become true all across the Asian and Asian Pacific Region. I think we as an American nation may need to get less caught up in slap stick comedy in both the social media and news articles and focus more on the duty of business and the responsibility that duty demands. We are no longer in the 1950's and 1960's when America was in its industrial hey day, and commercial growth boom. Reality is simply, we don't make the clothes we wear, we don't make the shoes, our appliances are not made in the US and we import every type of things in massive volumes. Even non durable products, we continue to re-purchase at a high rate and our consumption becomes not only wasteful, we have become to pursue low price, and with low price comes lower quality, which mans re-purchase cycles speeds up. We need to re-think things in the Western Model, come down off the delusion that we are the same as what we once were. Until we come to that realization we will continue to lag in how our models perform in relation to the growth of other nations. Japan moved from making a low of low quality products to the high end spectrum and in some of those areas they dominate with higher end products. This change is and continues to take place in regards to foreign products. Toyota and Nissan and Accura, Lexus have made giant moves since the 1980's and we resulted to play the 'we've gotta catch up", and only in the last 3-5 years have US models began to regain sale %'s. Once the South Korean Hyundai was a low cost low quality vehicles, not they compete on every level with their models. When we realize the glory days of Post World War II are long over, Until then we will have strong need to awaken to the new era and learn better how to work with our current generations to move back into the concern for duty and quality and become more responsible in even our basic simplicity of commentary and rebuttal commentary. |
