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Learning from China's business leaders: lessons for troubled times

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Abstract:

Purpose ‐ This paper aims to promote an expanded two-way dialog between Chinese and Western leaders and executives which recognizes that "wisdom" can flow in both directions. Design/methodology/approach ‐ Interviews were undertaken with three Chinese executives and analyzed against a model of performance excellence. Findings ‐ An understanding of some of the similarities and differences of Western and Chinese business practices and a conclusion that there are lessons for Western businesses to learn. Research limitations/implications ‐ The work involved interviews with only three Chinese executives and thus represents a tiny sample. Practical implications ‐ Illustrates some of the practices that might be worth considering by the West as we climb out of the current economic depression and re-focus business efforts for a longer-term future. Originality/value ‐ The paper adopts a novel approach of analyzing interview outcomes against a reference model. The core value is, however, in highlighting the benefits that might arise from extended dialog.

Keywords: Business development; China; Culture; Performance management

Document Type: Research Article

DOI: https://doi.org/10.1108/17410401011023591

Publication date: 2010-01-01

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