As you've mentioned, Taiwanese firm owners seem to be more conservative when directly investing and managing operations in foreign nations (especially the ones with language barriers). From an investment banker and financial advisor's perspective, what is the most important concept you introduce to your Taiwanese clients? How do you support them to get over this mental barrier? Thank you.
The lessons for Taiwanese firms in managing overseas operations are (1) train and utilize local talents; (2) establish central management and report system; (3) deveop global thinking and mindset; (4) develop a strong corporate culture and core value; and (5) constantly enhance mutual communication and understanding.
Dear Mr. Huang,
回覆刪除As you've mentioned, Taiwanese firm owners seem to be more conservative when directly investing and managing operations in foreign nations (especially the ones with language barriers). From an investment banker and financial advisor's perspective, what is the most important concept you introduce to your Taiwanese clients? How do you support them to get over this mental barrier?
Thank you.
Mike
Dear Mike, Sorry for my very late reply.
回覆刪除The lessons for Taiwanese firms in managing overseas operations are (1) train and utilize local talents; (2) establish central management and report system; (3) deveop global thinking and mindset; (4) develop a strong corporate culture and core value; and (5) constantly enhance mutual communication and understanding.