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In the face of strong competitive pressure and a dynamic market, multinational companies in China are forced to innovate with extraordinary pace and inventiveness. Environmental sustainability is a vital benchmark, and is a key driver for the best companies in each sector – many of them allied with the WWF Climate Savers programme. Sustainable Champions shows how nine leading multinational companies - including Nestlé, HP, Tetra Pak and Sony - are dealing with environmental, supply chain and ethical challenges in China. The book illuminates some of their transformative practices, and the impact this is having on business in China and beyond. The concluding cross-case analysis of supply chain and environmental challenges faced by leading international firms presents key lessons for business and for sustainability champions. Sustainable Champions: How International Companies are Changing the Face of Business in China is essential reading for researchers and course leaders seeking on-the-ground examples of local environmental challenges, and any company doing business in one of the world’s fastest-growing economies. With a Foreword by Simon Zadek, Distinguished Fellow, Academy of Business in Society, Visiting Scholar, Tsinghua School of Economics and Management.
Global economic growth, recently fuelled by Asia’s emerging economies, has greatly accelerated the accumulation of greenhouse gases in the atmosphere and boosted demand for scarce natural resources, including energy, food and mineral raw materials. These developments are pushing the planet close to its ecological boundaries. Transforming the world economy towards sustainability, while ensuring decent levels of resource use for all global citizens, is the greatest challenge of our time. This book explores how innovation systems need to be adapted to successfully confront these challenges. The first chapter introduces the concept of sustainability-oriented innovation systems which highlights the systematic differences between systems that have developed along current resource-intensive technological trajectories and those that address the impending environmental mega-problems. The subsequent articles present case studies of sustainability-oriented innovations in a number of policy areas, including energy efficiency, electric mobility and generation of renewable energy, in China and India. These case studies confirm the specificities of innovation systems geared towards a green techno-economic paradigm. This book was originally published as a special issue of Innovation and Development.
“Hidden Champions” are medium-sized, unknown companies with annual revenues under $5 billion that have quietly, under the radar, become world market leaders in their respective industries. In this new instalment to his worldwide bestselling Hidden Champions volumes, Hermann Simon takes readers on in-depth exploration of the ever changing operating conditions and the greater uncertainty and volatility that defines the global business sphere over the next ten years. In particular, in this book he focuses on China’s continued impact on the business world since its rise in the global business and economic sphere over recent decades. In this regard, Dr. Simon shows the reader how the current status evolved, and then offers concrete and actionable recommendations. New driving forces such as digitalization, business ecosystems and sustainability receive special attention. While the main focus is on companies in German-speaking countries as they comprise 56 percent of the world’s Hidden Champions, the success factors mentioned in this book can be applied globally to mid-sized companies in other regions as they strive to become global market leaders. Whether a company is a “Hidden Champion”, aspires to be one, or wants to emulate their success model, Dr. Simon’s new book provides essential food for thought as executives and managers chart their course into the future.
This book assesses China’s reputation as a global clean energy champion, and applies institutional and public policy theories to explain how the country has achieved so much and why there continue to be so many unintended consequences and constraints to progress. It considers the extent to which the government has successfully boosted the manufacture and deployment of low-carbon electricity generating infrastructure, cleaned up thermal power generation, and enhanced energy efficiency, dramatically constraining China’s rising carbon dioxide emissions, but also examines the substantial political and financial capital required to reinforce the predominantly administrative policy instruments and the mix of special interests and poor coordination that are endemic to the energy sector. Arguing that the current approach seems to be encountering ever diminishing returns, the book considers whether ongoing sector reforms and the new national emissions trading scheme can reinvigorate the nation’s clean energy trajectory.
How the world's most influential companies are building business strategies that tackle the biggest global challenges. Today's business landscape is changing in fundamental ways: Natural resources are growing ever more scarce and expensive. Technology and changing consumer expectations are making transparency a fact of life. The rise of emerging economies creates vast market opportunities for companies--and better living standards for hundreds of millions. In Sustainable Excellence, Aron Cramer and Zachary Karabell tell the stories of the companies who are transforming themselves by responding to these paradigm shifts and in the process shaping the future. From their work with these Global 1000 companies, Cramer and Karabell know firsthand how business can successfully grapple with big-picture issues like resource scarcity, supply chain complexities, and the diverse expectations of government and the public. In Sustainable Excellence, they tell the story of how Coca-Cola and Greenpeace collaborated on a refrigerator that fights climate change. They show how companies like Best Buy and Nike are transforming the very products they sell to deliver more value to consumers with less waste. They recount how GE and Google created an innovative partnership that is developing "smart grids" that radically reduce energy use. And they show how business leaders like Starbucks' founder and CEO Howard Schultz put sustainable excellence at the center of his company's business strategy. Through these and other fascinating stories, Sustainable Excellence makes the case for a different way of doing business--one that will define both business success and economic vitality in the 21st century.
This year marks the 40th anniversary of China's reforms and opening up. In four decades, China has learned how to grasp the benefits of globalisation and has become a world economic champion. As the world's second-largest economy, today China is no longer the factory of the world but an industrial power aiming at the forefront of major high-tech sectors, in direct competition with Europe and the US. In sharp contrast with Trump's scepticism on multilateralism, President Xi has renewed his commitment to growing an open global economy. But what does globalisation with Chinese characteristic look like? Is Beijing offering more risks or more opportunities to both mature and emerging economies? To what extent is China willing to comply with international rules and standards? Is Beijing trying to set its own global rules and institutions? Is the world destined to a new model of economic globalisation detached from political and cultural openness?
China has changed dramatically since the first edition of Doing Business in China was published in 2000, but the second, third and now this fourth edition have kept pace with the rapid developments. China is now far more international but the fundamental business culture has not altered greatly. The new edition of this highly successful textbook offers Western and non-Chinese businesspeople a theoretical framework for the understanding of business practices, markets, negotiations, organizations, networks and the Chinese business context. Building on the strengths of the previous editions, the book provides a guide to market entry, managing operations and marketing in this unique social and cultural environment by including: Factors that lead to business success 14 new or revised case studies, including include windfarms, fine wines and new consultancy businesses Discussion of marketing issues, notably products, pricing, distribution, advertising and promotion Dos and don’ts when choosing business partners and negotiating Guides to further resources in local cultures to help businesses tailor their strategies to local conditions. Offering a fresh look at the evolving marketplaces and their interactions with government and the army, the fourth edition of Doing Business in China will continue to be the preferred text for international students of Chinese business and management studies and for practitioners with an eye on China.
Completely revised and updated, Principles of Sustainable Energy Systems, Second Edition presents broad-based coverage of sustainable energy sources and systems. The book is designed as a text for undergraduate seniors and first-year graduate students. It focuses on renewable energy technologies, but also treats current trends such as the expanding use of natural gas from fracking and development of nuclear power. It covers the economics of sustainable energy, both from a traditional monetary as well as from an energy return on energy invested (EROI) perspective. The book provides complete and up-to-date coverage of all renewable technologies, including solar and wind power, biological processes such as anaerobic digestion and geothermal energy. The new edition also examines social issues such as food, water, population, global warming, and public policies of engineering concern. It discusses energy transition—the process by which renewable energy forms can effectively be introduced into existing energy systems to replace fossil fuels. See What’s New in the Second Edition: Extended treatment of the energy and social issues related to sustainable energy Analytic models of all energy systems in the current and future economy Thoroughly updated chapters on biomass, wind, transportation, and all types of solar power Treatment of energy return on energy invested (EROI) as a tool for understanding the sustainability of different types of resource conversion and efficiency projects Introduction of the System Advisor Model (SAM) software program, available from National Renewable Energy Lab (NREL), with examples and homework problems Coverage of current issues in transition engineering providing analytic tools that can reduce the risk of unsustainable fossil resource use Updates to all chapters on renewable energy technology engineering, in particular the chapters dealing with transportation, passive design, energy storage, ocean energy, and bioconversion Written by Frank Kreith and Susan Krumdieck, this updated version of a successful textbook takes a balanced approach that looks not only at sustainable energy sources, but also provides examples of energy storage, industrial process heat, and modern transportation. The authors take an analytical systems approach to energy engineering, rather than the more general and descriptive approach usually found in textbooks on this topic.
This handbook explores the theme of managing inside China and consists of chapters that communicate the major managerial concepts within the context of Mainland China. Its key emphasis is to clearly highlight the differences in the art of managing in China vs. the West, while acknowledging that these differences may be narrowing as a result of globalization. Chapters in the book elaborate on how management is affected as China experiences rapid change while some aspects of Chinese culture remain unchanged and steeped in tradition. The book goes further in exploring this complexity by juxtaposing China’s orientation towards interpersonal relations, or "guanxi", with the government’s emphasis on law, which is now becoming more rule-based than before. Business & Management academics and practitioners will gain useful insight into Chinese management practices and their contrast to established Western ones when they use the Handbook of Chinese Management as a reference.