Details

Seeing the Unseen

Behind Chinese Tech Giants' Global Venturing
1. Aufl.

von: Guoli Chen, Jianggan Li
17,99 €
Verlag:	Wiley
Format:	PDF
Veröffentl.:	15.09.2022
ISBN/EAN:	9781119885856
Sprache:	englisch
Anzahl Seiten:	240

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Beschreibungen

Titelbeschreibung

Meet the overnight tech success stories of China’s globalizing business landscape In the last few years, we have seen a meteoric rise of Chinese tech companies across the world. Alibaba stock price movements unnerved investors globally, venture capitalists searched for the next Meituan or Pinduoduo in Southeast Asia and Latin America, and of course, Tik Tok, the most popular content platform in the world today, originated from China. The founders of such companies are typically credited with the “tenacity to rough it out,” the “courage to venture into the unknown,” and the “vision to take their companies to new heights.” However, the same can be said about Silicon Valley founders, or any successful entrepreneur. So, what gives Chinese founders and their companies the advantage in becoming multi-billion global enterprises? How does their leadership set strategies? How do they motivate their people? How do they move so fast and defend their turf in China’s hyper-competitive tech market? When they expand overseas, how do they determine what they keep and what they need to let go of? And most importantly, what do these things mean to you as a competitor, investor, regulator, or even as an executive or customer of such companies? Seeing the Unseen: Behind Chinese Tech Giants’ Global Venturing answers these questions and delves into the fascinating world of Chinese logic that shapes how tech leaders make and implement decisions, many of which are seldom seen outside China. In this book, you will gain an accurate, concise understanding of Chinese tech companies' reflections as they scale. You will understand the different generations of Chinese tech giants from Alibaba, Tencent, Baidu and Huawei to Pinduoduo, Meituan, ByteDance, Xiaomi and more. In this Seeing the Unseen, the analysis behind the success and lessons learned is summarized into a unique framework that touches on People, Organization, and Product and Leadership (POP-Leadership). The book covers: <ul> <li>How Chinese history, folklore and Mao Zadong’s political strategies have shaped the strategies of Chinese tech leaders, even today</li> <li>The mindsets of Chinese tech and internet companies and how they have evolved over the last two decades </li> <li>The unique business culture and leadership styles that steered these companies through uncertain and ultra-competitive periods </li> <li>How Chinese companies structure their organizations and products and how they remain agile as they scale</li> <li>The limitations of Chinese POP-Leadership, and what these companies must shed to keep up with international players in global markets</li> <li>How Chinese POP-Leadership is now becoming international, and how international players are leveraging these learnings</li> <li>How the worldwide expansion of Chinese companies will alter the business landscape in the coming decades</li> </ul> Chinese firms undertaking overseas ventures can challenge our thinking on global strategy and implementation. This book gives you a better understanding of these emergent players in the global arena.

Inhaltsverzeichnis

Preface ix Acknowledgments xi About the Authors xiii Introduction 1 Part I: Understanding Chinese Tech Companies Chapter 1: The Shark versus the Crocodile 15 Chapter 2: Strategy and Tactics of Chinese Tech Companies 29 Chapter 3: Everyone Is Going Global 39 Part II: Pop- Leadership Chapter 4: Leadership 47 Chapter 5: People 73 Chapter 6: Organization 101 Chapter 7: Product 123 Part III: Resteering the Wheel Chapter 8: The Inflection Point 151 Chapter 9: The Global Chinese Community Fills the Gaps 161 Chapter 10: Connecting the Dots 185 Chapter 11: Cross- Pollination of Global Markets 199 Epilogue 217 Index 219

Autorenportrait

GUOLI CHEN, PHD, is a Professor of Strategy at INSEAD, one of the world’s top-ranking international business schools. He received his doctorate in strategic management from Pennsylvania State University and is an expert in China strategy, value innovation, strategic leadership, and corporate governance. JIANGGAN LI is the Founder and CEO of Momentum Works, a Singapore-headquartered venture outfit that enables digital economy across emerging markets through insights, community, and ventures. Momentum Works counts some of the top tech entrepreneurs from China, Southeast Asia, and the United States as investors. Its subsidiary Momentum Academy has been entrusted by corporates, startups, and investors for actionable insights and immersive learning experiences.

Back cover copy

PRAISE FOR SEEING THE UNSEEN “Seeing the Unseen shows how Chinese tech companies have rapidly become big global players. The book vividly illustrates the distinct strategies, practices, and leadership styles behind their global success. It is thought-provoking and is filled with insightful lessons and interesting examples. The book is a must-read.” —W. CHAN KIM, The BCG Chair Professor of INSEAD; co-director of INSEAD Blue Ocean Strategy Institute, the world’s #1 management thinker by Thinkers 50 “This book connects the unique experiences of Chinese entrepreneurs from different generations and brings to life real insights and practical lessons for explorers, investors and other stakeholders.” —EDDIE WU, Chairman, Vision Plus Capital; co-founder, Alibaba Group “The Chinese technology industry has risen from copycat to world-leading, yet many in the West don’t understand the business models and leadership strategies of these companies. Seeing the Unseen is an essential guide to the unique characteristics of these firms and provides important lessons for all businesses competing in China and globally.” —CHRISTOPHER MARQUIS, Sinyi Professor of Chinese Management at Cambridge Judge Business School; co-author of Mao and Markets: The Communist Roots of Chinese Enterprise “So much has been written in the press about Chinese tech giants, yet these companies are still little understood by the outside world. Seeing the Unseen expertly weaves history, environment, people, culture, and leadership. An insightful and compelling read.” —KEITH ZHAI, Senior Correspondent, The Wall Street Journal

Unpublished endorsement

“The authors do a masterful job of demystifying the key factors driving the rise of world class technology and entrepreneurship from China. Through first-hand experience as entrepreneurs, strategy leaders, and investors from China doing business globally, they offer insights and practical approaches for entrepreneurs everywhere to better compete both in China and abroad.” —BLAKE LARSON, Global Tech Entrepreneur “A standout in the multitude of works explaining what Chinese technology companies do and how they do it, Seeing the Unseen expertly explains their ‘why’ and offers a practical framework for collaboration—or competition—with Chinese founders as they take on the world. Interwoven with well-placed forays into China's rich history, a delight to read.” —DMITRY LEVIT, Partner, Cento Ventures “Seeing the Unseen discusses the past, present, and future of Chinese tech firms. It discusses why and how giants rose in the past, the challenges faced today in the global arena, and what we can expect in the future. The book provides deep insights to anyone who wants to know about Tech China and rising players from emerging markets.” —FENG ZHU, Professor of Business Administration, Harvard Business School “Seeing the Unseen deciphers much of the philosophy in action on how entrepreneurs think and how they make crucial decisions. There are many gold nuggets in understanding why key events in Chinese entrepreneur history happened the way they did.” —JIANFENG LU, Chairman, Wiz Holdings (wiz.ai), Serial Entrepreneur and Investor “My great grandparents once told us to keep on learning all the way to China, as the rich history there offers a lot of lessons for our work and life. This book, which is very detailed and informative, shows just that. It is a strong combination between in-depth research and life experience of the Authors in the Tech Industry. A must read!” —KAMESWARA NATAKUSUMAH, Country Leader and President Director, Willis Tower Watson Indonesia "For those who are interested in or embedded in the ecosystem of Chinese tech firms, Seeing the Unseen is a delightful and thorough guide full of information and insights. Reading it is not only a must, but a wonderful journey led by Guoli and Jianggan. Both have a profound yet objective understanding of the history and leadership of Chinese Tech Giants and how they impact the world." —RANDOLPH HSU, Founder of Ondine Capital “For anyone interested in Chinese tech companies, don’t walk, but run, to get this book. As deeply embedded experts in the Chinese tech context, the authors raise the curtain on China and its rising tech giants.” —RIITTA KATILA, W. M. Keck Sr. Chaired Professor of Management Science, and Research Director of the Stanford Technology Ventures Program, Stanford University “Seeing the Unseen explains many of the enigmas that I experienced as an expat while working and living in Asia. If I could go back in time, I’d better understand why Chinese tech companies operate the way they do, and how to better work with them. Fully recommended reading!” —RODRIGO BECERRA MIZUNO, Chief Technology Officer, Televisa Univisión