Get IT involved earlyInformation Technology will play a critical role in a successful C-SOX implementation, so it is important that the IT organization understands how they will support this project. The Basic Standard for Enterprise Internal Control specifically mandates the use of IT to reduce risk and increase transparency in…
Getting started: executive sponsorshipThe most important criterion for success of the C-SOX compliance project is to ensure the attention and support of the entire organization. Although responsibility for risk management and compliance ultimately sits with the CEO and Board of Directors, forward-thinking companies will push responsibility to…
IntroductionChina’s Basic Standard for Enterprise Internal Control (“C-SOX”) comes into effect soon and many companies are therefore starting to implement this regulation. While the prospect of adopting new corporate governance and risk management standard may seem daunting, there are some simple steps that companies can take to get a head start on the…
Read the rest of “Getting a Head Start on Your C-SOX Compliance Project in China (Part 1)” or post a comment >>
By James Chan
“Money Matters TV” interviewed James Chan on business skills in selling Western-made products and services in the Chinese market. The show, produced by Richard Whitfield at the Comcast Studios in Bala Cynwyd, Pennsylvania, is available on Google Video and iTune.
In a lively, conversational format, interviewers Mike DiPuppo and Bill Montgomery asked James Chan to explain the “C.H.I.N.A. formula” that he created to guide Westerners in understanding the mind and mindset of people they do business with in China, where knowing the right people is as important as being legally right.
Jump directly to 7:50 min on this 29-minute video to see the interview with James Chan. For more details on his profile, go to: http://www.AsiaMarketingManagement.com Read the rest of “The C.H.I.N.A. Formula: Interview with James Chan” or post a comment
A new approach to management…Although China’s economy is still growing, slowly but gradually the traces of the economic downturn are reaching the Chinese surface too: MNC’s are slowing down their investment, companies relying on export see their sales volumes go down and even the foreign invested companies that have been on the ground in China for a long time are feeling the heat.
Read the rest of “Interim Management: A Solution During The Economic Downturn” or post a comment >>
