There is the saying that Chinese companies cannot last longer than three generations. How true do you think this is? I don't know but compared to a lot of major brand names that we know today that have lasted for generations after generations, I feel that Chinese need to learn from these people how to better manage a company.
One of the issues that I think is that Chinese need to have a succession plan and then implement it. I know that bosses of larger companies would usually groom one or two close, trusted people to lead the company when something happens to the "boss".
When you see that some companies can flourish so well while most others fall by the wayside, hmmm sometimes you just wonder what "trick" they have.
One of the issues that I think is that Chinese need to have a succession plan and then implement it. I know that bosses of larger companies would usually groom one or two close, trusted people to lead the company when something happens to the "boss".
When you see that some companies can flourish so well while most others fall by the wayside, hmmm sometimes you just wonder what "trick" they have.
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