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…
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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
According to the Ministry of Commerce of the People’s Republic of China, through 2008, nearly 640,000 foreign companies had set up their offices in China, with a total investment surpassing $810 billion. The introduction of large amounts of foreign capital has quickened the process of industrial modernization in China. The establishment of large numbers of jointly ventured and exclusively foreign-funded enterprises has brought in an unprecedented amount of capital…
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