Great concept proposed by Time Magazine; all the more reason to have a “China Strategy” discussion as part of your 3 – 5 year planning horizon. I especially think this is true if you’re in the consumer space. With an emerging middle class the size of the US population, this is a group that can’t be ignored. I’m not proposing that you enter China tomorrow; rather, this should at least be an issue/opportunity to explore during your strategic planning process. Questions to consider:
1. Are your products or services relevant to the Chinese consumer?
2. Does your company’s mission statement require that China be part of your strategic plan?
3. Are there existing products or channels of distribution already in China for your product/service?
4. Have your competitors entered the Chinese market? If so, have they been successful? Any lessons learned?
- Raising Money Requires a Great Pitch: Here’s How
- How to close an angel round
- 7 WordPress Plugins You Ought to Know About
- 8 Websites You Need to Stop Building – The Oatmeal
- Watch Y Combinator’s Founder Discuss What It’s Like to Be at a StartUp
- Killing good ideas can harm your future (via coinnovative.com)
- 10 Things Learned From Launching a Company in a Recession
- Try to Top This Innovation — Students Bet on Their Grades
- SEO: Past Present and Future
- Billy Joel on Entrepreneurism? | Knowledgewebb.net
- Connect thru LinkedIn
- Example of How to Divide You Equity At Start-Up
- Free Project Management Software: Basecamp
- Get A Free Copy of "Mastering the Innovation Funnel – Helpful Tips for Developing New Products"
- Industry analysis: Porter's 5 Forces
- JOTT – best personal organizer I've come across
- Leadership Tips You Can Use: Carly Fiorina
- PEST Analysis: Understanding the Broader Environment
- Product Development and Management Association
- SERIOUS ABOUT NEW PRODUCT DEVELOPMENT? VISIT MY WEBSITE
- Sun Tzu's Art of War (principles are relevant to innovation!)
- SWOT Analysis Tools