Archive for December, 2009

Thunderbird graduate Laurence Lipsher has watched Shenzhen grow from a small fishing village to a sprawling metropolis of 13 million people in less than 25 years. The city’s rapid development has been astounding, but Lipsher says China will need to repeat the feat again and again to keep pace with growth as the country’s rural poor move to big cities looking for new opportunities. “China has to develop a half dozen cities like this over the next 50 years, plus take 100 million more people and put them into the current existing cities,” Lipsher says. He calls this China’s big dilemma. | Podcast: Laurence Lipsher on China’s vision for 21st century (15:50)
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Opportunities abound in China, but not for entrepreneurs who enter the country unprepared. Timothy Lamb, a 2002 Thunderbird graduate, has seen plenty of Western companies fall flat in the emerging market. As director of foreign direct investment services for The JLJ Group in Shanghai, his job is to help clients succeed. But Lamb says this won’t happen unless companies have at least four things in place before they make their move into China.
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Cummins general manager Amit Soman had to adapt quickly when his company transferred him from Wisconsin to Beijing in 2008 and put him in charge of engine emissions business for China, India and other emerging markets. “The key is nimbleness,” Soman told students Nov. 19 at Thunderbird School of Global Management during a presentation organized by Thunderbird’s Emerging Markets Business Association. Soman shared a list of “strategic insights” for expatriates entering these markets. | Video: Fixing China’s Pollution Problem (4:20) | Video: Cummins Growth in China and India (3:20)
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