How Chinese companies can accelerate their transformation into multinationals

Updated on Financial 2024-08-01
4 answers
  1. Anonymous users2024-02-15

    The transition from a local enterprise to a multinational company goes through four stages.

    Decentralization - decentralization - dualization - integration.

    The first stage of decentralization refers to the establishment of subsidiaries overseas and the relinquishment of some powers.

    The second stage of decentralization refers to the transfer of the functions of the head office overseas through mergers and acquisitions, and the dispersion of manufacturing, sales, service and other functions to the rest of the world.

    The third stage refers to the dual management of the international department of the head office (if any) and overseas subsidiaries.

    The final stage is the integration of decentralized authority and function.

    The same problem is reflected in the internal reports of many multinational companies. When nurturing and dispatching people overseas, the need for managers is much greater than the number of dispatches. This requires local talent recruitment and training, which is an indispensable step.

    At the same time, in order to integrate in the future, it is also indispensable to publicize and educate the company's corporate culture.

  2. Anonymous users2024-02-14

    1. Change the corporate culture.

    2. Improve the management system.

    3. Transparent reward and punishment system.

    4. Pay attention to human resource management.

    5. Have a corporate mission and corporate vision.

    Specifically, it is divided into the following:

    1. Improve the treatment and status of sales representatives, not to call them "dead business".

    2. Leaders lead by example, pay attention to the role of role models, and improve their style.

    3. Decentralization. 4. Improve the assessment mechanism.

    5. Change the talent selection mechanism, not nepotism, or appointing people only for the "party".

  3. Anonymous users2024-02-13

    The company's transnational business methods include the following:

    1. Horizontal and horizontal diversified operations, engaged in the production and operation of a single product, without specialized division of labor;

    2. Vertical multi-operation, its production and operation content is cross-industry, and the company implements professional division of labor;

    3. Mixed multi-operation. Its production and operation content has a variety of products, and the company produces different products and operates different businesses.

    Horizontal and horizontal diversification. Such companies are mainly engaged in the production and operation of a single product, and the parent company and its subsidiaries rarely have a specialized division of labor, but the amount of intangible assets such as production technology, sales skills, trademarks and patents transferred within the company is relatively large.

    Legal basis

    Company Law of the People's Republic of China

    Article 12 The business scope of the company shall be stipulated in the articles of association of the company and shall be registered in accordance with the law. The company may amend its articles of association and change its business scope, but it shall go through the registration of the change. The company's business scope is subject to approval in accordance with laws and administrative regulations, and shall be approved in accordance with the law.

    Article 13 The legal representative of the company shall be the chairman, executive director or manager in accordance with the provisions of the articles of association, and shall be registered in accordance with the law. If the legal representative of the company is changed, the change registration shall be completed.

    Article 14 The company may set up a sub-company. To establish a branch, it is necessary to apply for registration with the company registration authority and obtain a business license. A branch office does not have legal personality, and its civil liability is borne by the company.

    The company may set up a subsidiary, which has sleek legal personality and independently bears civil liability in accordance with the law.

  4. Anonymous users2024-02-12

    1.Develop an internationalization strategy.

    2.Introduce international talents.

    3.Allocate resources on a global scale.

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