Obtain Immediately Chinas Disruptors: How Alibaba, Xiaomi, Tencent, And Other Companies Are Changing The Rules Of Business Brought To You By Edward Tse Supplied As Hardbound
Disruptors by Edward Tse
This is an essential book for understanding evolution of entrepreneurs in china, Back inthere were no non state owned businesses, Today overof GDP is run by companies, Roughlywaves of business have appeared
Betweenandalmost all businesses had to come from large expatriate inward investment technology companies like lenovo came from this era.
Notably the expatriate Chinese traders in such superports as hong kong, Taipei, Singapore and often the business presence of se asia were theerd richest group in the world after Americans and Japanese so China mainlands growth depended in these expatriates investments.
Frombut formally as late aschina allowed its own nationals to start big businesses, Often these people came from government and were charged with turning assets previously monopolised by the state into efficient organisiations,
The third wave primarily were thebig internet companies with jack ma just the first and definitely the most determined, Famously Ma had visited usa in, seen the worldwide web, asked how huge this could be in terms of job creation and developing society back in china.
In fact it took almostyears for ali baba to fully develop in line with tech and mobile infrastructures also needed on mainland.
And some say it was as late asthat it was clear that allof ali baba , baidu and ten cent were scaling breakthroughs in what futures china could connect.
Theth wave of companies have often appeared in just a few years fromon now that the internet infrastructure is complete including of course alipay as the digital payment system
The book clarifies a handful of cities where these big companies have grown up from.
Many of these companies are still run by their founders and consciously care about developing chinas people and the purpose of their sector.
We are not claiming all big chinese businessmen think like that but intriguingly most of those who partner or regular convene the china entrepreneur forum with jack ma do.
In particular Ma claims business leaders in his own town hangzou are most entrepreneurial he claims nearby shanghai is where international hq companies prefer to be Beijing is the home of baidu and many of the tech hardware companies theres one really hot suburb where almost all digital Beijing is located shenzen is about tencents personal communications and games stuff
This book is essential unless you already knew the history of business leaders in china.
It also has quite a lot of anecdotes about who met jack ma when , and the way in which the coming of the internet companies totally changed china including as was seen in the Hangzhou Ghow government of Xi Jinping now proudly positions chinas digital economy as inviting world youth to innovate some of sustainabilitys global village solutions chris.
macraeyahoo. co. uk Edward Tse is well known in the Chinese consulting industry, and knows his stuff, which is eminently evident from even a brief perusal of his new book, China's Disruptors.
This is a thin book and a quick read, but it stands out from a glut of other books on Chinese business for one simple reason: this book is one of the first to accurately capture what the fast moving, innovative, and exciting new sectors of Chinese business feel like on the ground.
Disclaimer: I live and work in China,
Tse is doing than describing a historical trend or a new current in business practice which he undoubtedly does very well.
His book is a depiction of a zeitgeist, the texture and atmosphere of an age, For the average reader, even those fairly up to date on China, this is a rare glimpse into a world that is alien to both everyday Western experience and most assumptions about what China is and is not.
I haven't read a book like this since Zha Jianying's Tide Players that feels like the author's boots are on the ground, instead of simply hovering in some level of the stratosphere peering at China from on high.
Other reviewers will comment on the stories and business lessons in the book to be sure, this book has all this and , in spades.
This book will also eventually get blasted by those who think that Tse is looking at China through rose colored glasses, For example, the FT's review: In these pages, entrepreneurs are pushing boundaries, never bribing officials or pinching other companies blueprints, He hardly alludes to the close ties that Chinas entrepreneurs must cultivate with the ruling Communist party, nor to tainted milk, crashing high speed trains or dodgy wealth management products.
The naïveté argument falls flat for two reasons, First, this criticism ignore's the Chinas Disruptors's central thesis, namely why the businesses and entrepreneurs that Tse chronicles are different from many of their contemporaries.
Hence the Chinas Disruptors's title. Second, China is a complex enough society arguably the most complex in the world to encompass a multiplicity of valid stories and even narratives.
A valid account of today's China is enough of a challenge in and of itself,
Tse's book need not be read as a be all and end all judgment on modern China such a book, honestly speaking, will probably never exist.
It does an exemplary job at addressing its topic, is accessible for most readers, and tells stories that may be difficult to otherwise access in such detail.
Based on these merits, it should be required reading for those interested in modern China, its business landscape, or its newest generation of citizens growing up in uncertain, turbulent, but exciting times.
star to for quality and prompt delivery time, Though I found the book very average, It seemed to me that the author kept promoting China and the companies without actually sharing insights or strategies they used, Ed's book is excellent and I am recommending it to many clients, In fact I have purchased many copies to give to my clients in China and elsewhere in the world,
I wish I had had it when I first starting working in Chinayears ago, It gives a clear and simple overview of the way that China's economy is shifting away from SOEs State Owned Enterprises to private businesses, and debunks much of the misinformed media coverage of the Chinese economy in western media.
It unravels the myth that China is a nation of copiers rather than innovators and adeptly demonstrates how these businesses are building a strong base in their domestic market before venturing abroad to take on the global players.
It gives you enough understanding of the business and political background of the lastyears to understand why some things happen in certain ways and perhaps most importantly creates a compelling case to demonstrate that foreign multi nationals should truly consider what is the right business model for China rather than lazily cutting and pasting the way that they work in all other markets into China.
Who should read it Anyone who is coming to work in China for an extended period or whose business will have dealings with Chinese businesses either as suppliers or customers.
Most importantly, senior
executives who are visiting their Chinese operations to make significant decisions about the future of those operations in China.
It is extremely well written and frankly as easy to read as a well written novel, Some things are very interesting, especially the way Chinese deal with their political environment, They see it as part of, We, westerners, are always trying to, but they see it as part of a bigger challenge, As one has described: The West believes that free markets will adjust themselves naturally China believes that the economy is highly complex system and, like all complex systems, it must be tightly controlled.
It's also important to understand why so many mobile apps aggregate so many features, It's not because Chinese users don't know how to download many apps, But because there so many app stores in China and users have a low incidence of loyalty to brands that sometimes it may be hard to find them.
China is also a country where the majority of its BC services are yet to mature so aggregating all these services into one single app has been a successful strategy adopted by the major Internet companies specially BAT.
Towards the end of the book it begins to repeat itself a lot, which gets quite boring, But overall is good material related to a fresh landscape, A good and interesting book written by an expert who knows what he is talking about, Nevertheless, the description is one way a bright future for a great Country full stop, Too little consideration is given to the negative side of today's China, including social considerations, IP, human rights, etc, Also,pages shorter would have been enough, This said, in many respects it is a mind opener, even if some conclusions should be supported by harder data and not by somewhat personal considerations.
Well put together piece and a lot of fresh ideas about how China's tech industry emerged, It's a difficult genre to publish on because everything in China changes eachmonths, One minute Xiaomi is the pin up boy, the next minute its on struggle street, and then a year later its selling phones than Apple.
Still, the author was pretty smart in piecing this title together in that much of the content will still resonate years on despite the ebs and flows of the companies mentioned in the book and those not even mentioned such as OFO, MOBIKE, and LeEco.
In September, Chinese e commerce giant Alibaba raisedbillion in the worlds biggest ever initial public offering, Since then, millions of investors and managers worldwide have pondered a fundamental question: Whats really going on with the new wave of Chinas disruptors
Alibaba wasnt an outlierits one of a rising tide of thriving Chinese companies, mostly but not exclusively in the technology sector.
Overnight, its founder, Jack Ma, appeared on the same magazine covers as American entrepreneurial icons like Mark Zuckerberg, Ma was quickly followed by the founders of other previously little known companies, such as Baidu, Tencent, and Xiaomi,
Over the past two decades, an unprecedented burst of entrepreneurialism has transformed Chinas economy from a closed, impoverished, state run system into a major power in global business.
As products in China become and sophisticated, and as its companies embrace domestically developed technology, we will increasingly see Chinese goods setting global standards.
Meanwhile, companies in the rest of the world wonder how they can access the fast rising incomes of Chinas,billion consumers.
Now Edward Tse, a leading global strategy consultant, reveals how China got to this point, and what the countrys rise means for the United States and the rest of the world.
Tse has spent than twenty years working with senior Chinese executives, learning firsthand how Chinas most powerful companies operate, Hes an expert on how private firms are thriving in what is still, officially, a communist country, His book draws on exclusive interviews and case studies to explore questions such as
What drives Chinas entrepreneurs Personal fame and fortuneor a quest for national pride and communal achievement
How do these companies grow so quickly In, Lenovo sold just one category of products personal computers in one market, China.
Today, not only is it the worlds largest PC seller it is also the worlds third largest smartphone seller,
How does Chinese culture shape the strategies and tactics of these business leaders Can outsiders copy what the Chinese are doing
Can capitalists really thrive within a communist system How does Tencents Pony Ma serve as a member of Chinas parliament while running a company that dominates online games and messaging
What impact will China have on the rest of the world as its private companies enter new markets, acquire foreign businesses, and threaten established firms in countless industries
As Tse concludes: I believe that as a consequence of the opening driven by Chinas entrepreneurs, the push to invest in science, research, and development, and the new freedoms that people are enjoying across the country, China has embarked on a renaissance that could rival its greatest era in historythe Tang dynasty.
These entrepreneurs are the front line in Chinas intense hunger for success, They will have an even remarkable impact on the global economy in the future, through the rest of this decade and beyond.
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