Get IT involved early Information Technology will play a critical role in a successful C-SOX implementation, so it is important that the IT organization understands how they will support this project. The Basic Standard for Enterprise Internal Control specifically mandates the use of IT to reduce risk and increase transparency in… Read the rest of [...]
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China continues to emerge on the world stage as an economic powerhouse, projected to be the world’s fourth largest economy within two years. U.S. companies, especially small to medium enterprises (SMEs), stand to benefit significantly from this growth, assuming that they are prepared to enter this highly competitive environment filled with considerable but manageable risks. [...]
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What will be the role for international entrepreneurs in China’s emerging 2-track economy? China’s economic development is being pulled in two diverging directions as Beijing struggles to steer a course through this global recession. On one hand, collapsing international demand for Chinese exports has led policy-makers to stimulate the domestic economy with a massive state-directed [...]
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The Beijing Olympics have had a great impact on the city of Beijing, where a large infrastructure refurbishment initiative, fresh developments and a massive English language training campaign have been some of the elements of a drastic change and an amazing source of business opportunities for both local and foreign companies. Shanghai, with its upcoming [...]
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Getting started: executive sponsorship The most important criterion for success of the C-SOX compliance project is to ensure the attention and support of the entire organization. Although responsibility for risk management and compliance ultimately sits with the CEO and Board of Directors, forward-thinking companies will push responsibility to… Read the rest of “Getting a Head [...]
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Posted by China Business Success Stories | Posted in Business | Posted on 17-06-2009 |
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Within a two-minute walk from my apartment in Shenzhen, there is ample evidence that intellectual property, particularly American, is not very well-protected in China. Nighttimes, three different vendors set up their folding tables on the main street with pirate DVDs by the carton-full, including many of the latest Hollywood releases. Cost: RMB5 each, or 73 [...]
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Posted by admin | Posted in Uncategorized | Posted on 15-06-2009 |
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Being a presentation skills coach, delegates often draw me aside at the beginning of a training class or coaching session to confide a unique truth to me: “You know, Paul, I get very nervous when I have to speak in front of people.” It is difficult not to be sympathetic to this seemingly unique fear, [...]
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So, I drank the Kool-Aid, jumped the shark, sold my first-born for a tulip. However you put it, I joined the ranks and now engage in behavior that is difficult to describe with any dignity. In times gone by, saying what I do out loud was likely to get your shins rapped with a cane, your ear yanked from its socket, and your teeth flossed with a redolent bar of Glenn's Sulphur Soap. Let's be frank and cut to the chase. I tweet.
I suppose I could say that I twitter, but that probably doesn't help me.
I joined Twitter, and I blame Psychology Today! Specifically Pamela Rutledge and Moses Ma, who recently reported on their experiences with Twitter.
Now, I am the social media equivalent of the guy at the party who keeps trying to talk about serious things while other people are trying to concentrate on their next beer pong shot or figure out whether to cue up the Taylor Hicks playlist or the Taylor Swift playlist (I have been assured that they are different...
A recent report suggested that we prefer confident rather than diffident experts...even when the confident ones are wrong. There are two kinds of experts: the folks who are very, very confident about what they know - and the folks who are very, very aware of the limits of what they know.
A football running back is a confident expert - hit the hole, hit it fast, hit it hard. (Even the Minnesita Vikings recognize this!) Running back-style experts say things like - DRINK TWO GLASSES OF RED WINE A DAY!!!!!
A scientist is usually a tentative expert - see the data, see the limits in the data, present the highly qualified possibilities of what the data might mean if we can get more data that look a lot like the data we just reported.
Can we get people to listen to the second kind?
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A majority of western business people who have business in China or with Chinese companies have worked with an interpreter. Most often, the interpreter will be a native of China. This can be helpful or problematic depending on how you handle your communications. There are a few things you can do to avoid problems and [...]
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Chinese employees are often accused of not being willing to take risks and therefore fail to be innovative. And yet, many firms in China are trying to do new things and therefore require innovation. In my view, risk-taking behaviour in China is quite similar to other countries. I believe the reason that China has the [...]
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A well-known story relates the following encounter (adapted from Ryan, 1977):
Three men are found smashing boulders with iron hammers. When asked what they are doing, the first man says, "Breaking big rocks into little rocks." The second man says, "Feeding my family." The third man says, "Building a cathedral."
Today's column focuses on the third man, the one who saw each hammer blow as contributing to the construction of a cathedral, a home for human dreams and sacred aspirations. To many of us who study and consult in occupational and organizational contexts, we would call what this third man does meaningful work.
There are many perspectives on meaningful work, ranging from Marxist ideas about work that resists the dehumanizing influences of the Industrial Revolution to religious ideas about being called by a transcendent spirit to do Good Work in the world -- with everything in between. I have come to see meaningful work as consisting of three, central...
A famous story relates the following encounter:
Three men are found smashing boulders with iron hammers. When asked what they are doing, the first man says, "Breaking big rocks into little rocks." The second man says, "Feeding my family." The third man says, "Building a cathedral."
To many of us who study and consult in occupational and organizational contexts, we would call what this third man does meaningful work.
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Introduction China’s Basic Standard for Enterprise Internal Control (“C-SOX”) comes into effect soon and many companies are therefore starting to implement this regulation. While the prospect of adopting new corporate governance and risk management standard may seem daunting, there are some simple steps that companies can take to get a head start on the… Read [...]
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