As the world’s manufacturer, China has been the place where many consumer products are being produced. From “Made in China”, to “Made by China”, China has gone through a journey from using its cheap labor and materials to manufacture products designed and branded by overseas companies, to having an end-to-end ecosystem to design, produce and sell its own branded products. Jacob Rothman, an American living in China has evolved his career along with China’s path. He started his trading business in China 15 years ago to source products, then changed to own a factory, and advanced to build a platform to help startups and crowdfunding campaigns to design, engineer, and manufacture innovative consumer goods. If you have an idea and you don’t have experience in industrial design, engineering or manufacturing, where can you go to turn your idea into a real product? Jacob’s Platform88 might be the kind of place you want to check out. www.voiceamerica.com/episode/109257/bring-your-ideas-live-through-chinese-manufacturers About the Guest: Jacob Rothman is the owner and CEO of Velong Industries, a grill and kitchen products supplier in Southern China. He has over ten years of experience in manufacturing, design, branding, and retail. He has worked on projects with brands such as Tumi, Samsonite, Discovery Channel, Kitchenaid, OXO, and Cuisinart. In 2014, he, along with three other factory owners, started Platform88, a company that works with startups and crowdfunding campaigns to design, engineer, and manufacture innovative consumer goods. Since its founding, Platform88 has worked with 120+ of startups to bring their innovative products to market. China’s GDP was 150 billion USD in 1978, and has grown to 12.25 trillion USD in 2017, it is 82 times in 40 years. What has driven this amazing growth in China’s GDP? Mr. Y.P. Chan, a successful business leader and consultant, as well as a researcher and lecture, will explain what he thinks the key drivers behind China’s economical miracles in the past 40 years www.voiceamerica.com/episode/109180/the-foundation-of-chinas-economical-miracles About the Guest: Mr. Y.P. Chan is a principal at Chanden Inc. focusing on investment and business advisory services primarily in Greater China and the United States. Y.P. has over 20 years of experience in business management, entrepreneurship, investment and education in USA and Greater China. He has management experience in running companies that range from start-ups and to be a CEO of an US publicly listed company. He worked at IBM Poughkeepsie Laboratories as an electrical and computer engineer at his early professional career. He obtained both his MBA and MSEE degrees from Columbia University. Y.P. is currently an advisory board member of The University of Washington Bothell School of Business, and lectures or mentors at the Darden Business School, Shanghai University, Tianjin University and Southwest University of Science and Technology in China. More information can be found at LinkedIn. The western world has a perception that China is a copycat, and Chinese people do not innovate. The intensifying US-China trade war has further led Americans’ opinions on China through western mainstream media, and many American technology companies become more cautious about their IP protection when partnering with Chinese companies. However, China’s rising on economy is not deniable, and China is filing more patents than the US since 2012. Mr. Y.P. Chan, a successful business leader and consultant, as well as a researcher and lecture, will demystify the misunderstanding and share his own thoughts on the reality of Chinese technology innovation from a historical and a modern view. He will explain what China’s innovation looks like and why he believes innovation is one of the key forces driven China’s high-speed growth over the past 40 years www.voiceamerica.com/episode/109032/the-perception-and-reality-of-chinese-technology-innovation About the Guest: Mr. Y.P. Chan is a principal at Chanden Inc. focusing on investment and business advisory services primarily in Greater China and the United States. Y.P. has over 20 years of experience in business management, entrepreneurship, investment and education in USA and Greater China. He has management experience in running companies that range from start-ups and to be a CEO of an US publicly listed company. He worked at IBM Poughkeepsie Laboratories as an electrical and computer engineer at his early professional career. He obtained both his MBA and MSEE degrees from Columbia University. Y.P. is currently an advisory board member of The University of Washington Bothell School of Business, and lectures or mentors at the Darden Business School, Shanghai University, Tianjin University and Southwest University of Science and Technology in China. More information can be found at LinkedIn. China's ZTE, which the US government has accused of repeated sanctions violations, has paid a $1 billion fine, and put $400 million in an escrow account, so that it can continue purchase technology, including semiconductor products, from American companies. What impact will the proposed ban bring to ZTE and the worldwide market? What position of the Chinese companies and American companies in the semiconductor industry? What kind of collaboration in that industry between US and China? How will China catch up to fill in the core technology gap that is revealed by the ZTE instance? And what opportunities exist for professionals and companies in the industry? Dr. Bo Xia, Founder and CEO of Mingchip Technology in Shanghai, China, shares his observation of the semiconductor industry between US and China. www.voiceamerica.com/episode/108564/collaboration-in-the-semiconductor-industry-between-us-and-china About the Guest: Dr. Bo Xia is an expert in RF transceiver and analog mixed-signal SoC design. He has over 17 years engineering and project management experience in the Integrated Circuit (IC) industry. He received his PhD in Electrical Engineering from Texas A&M University, then worked as a senior design engineer and project lead with Texas Instrument from 2003 to 2007 and designed many analog IPs based on Texas Instrument's sub-micron technology. Then he joined Spreadtrum Corp. (US) as a senior staff engineer and design manager and led the development of world first GSM/TDSCDMA transceiver. From 2008 to 2016, Dr. Xia was a technical director and led the Bluetooth SoC development in Vimicro Corp (US). In 2016, he founded Mingchips Technology Ltd. in China and focused on peripheral circuitry design for cell phones. Dr. Xia is a member of IEEE society and a member of Western Returned Scholar Association. He has published 16 papers on IEEE journals and conferences, and holds 9 granted patents. Helping entrepreneurs succeed is always on top of PTCG's priority, no matter it is to help American entrepreneurs tap into the Chinese market, or help Chinese entrepreneurs learn about skills to grow their startups. On July 21, PTCG CEO Michelle Zou delivered a workshop at Shanghai Startup Camp, help startup founders learn customer insights through Design Thinking.
Design Thinking is started by IDEO founders, and is well known through D. School of Stanford University. Thinking like a designer can transform the way organizations develop products, services, processes, and strategy. This approach, which IDEO calls design thinking, brings together what is desirable from a human point of view with what is technologically feasible and economically viable. It also allows people who aren't trained as designers to use creative tools to address a vast range of challenges. PTCG consultants are helping Chinese companies and leaders to learn useful methodologies and tools from the western world as well as go international. Through public speaking, training and consulting, PTCG has brought Growth Mindset, Design Thinking and many other concepts and tools into China over the past four years. Founded in 1984 and headquartered in Qingdao, China, Haier Group is a global leading provider of better-life solutions, with its white goods business brand more famous than others for nine consecutive years ( Euromonitor data). Under the guidance of the enterprise management philosophy and business philosophy of CEO Mr. Zhang Ruimin, Haier Group has 10 R&D centers, 24 industrial parks, 108 manufacturing plants and 66 marketing centers across the world, and owns Haier, Casarte, GE Appliances, Fisher & Paykel, AQUA and Leader as its smart home appliances brands. Their “Rendanheyi” management model has disrupted the western traditional classic management model. Harvard Business School has added Haier to their case studies. James Wang, a partner at HCH Ventures from Haier Group, will talk about his personal experience of applying this Rendanheyi Model in his own work and how the HCH Ventures is enabling other entrepreneurs achieve their goals www.voiceamerica.com/episode/108430/the-innovation-of-chinese-management-model About the Guest: James Wang is a partner at HCH Ventures, an investment and incubation platform of Haier Group. He is responsible of building connections between HCH ventures and global partners and startups, to help those companies accelerate their business towards success through financing and leveraging the resources that Haier Group has developed. Before joined Haier Group, James was the CEO Assistant and Manager of Enterprise Management at Rubber Valley. He has over 10 years’ experience in the areas of VC investment, incubation and investment platform, international trade and E-commerce. James has a BA from University of Nottingham and MBA from University of London in UK. China’s GDP has grown 30x from 1990 to 2017, and the annual per capita income of urban households has increased 22x within the past 27 years. Chinese consumers have a lot more disposable income to spend and their needs and purchasing behaviors have evolved. On the other hand, China’s population structure has changed with the aging population ratio growing rapidly. The population of 60-year old and above reached 220 million in 2015, counted as 16.1% of the total population. This has created tremendous opportunities in healthcare products and services that can slow down the aging process, reduce the health impact from aging, maintain and improve health condition, and keep a good quality of life. The 505 Group is a Chinese enterprise has focuses on this segment since 1988 and has built a well-known consumer brand in China. Let’s hear from Lily Dong who is in charge of the overseas market to share her observations of the demand and trend in China’s healthcare product market www.voiceamerica.com/episode/108220/the-rising-demand-in-health-care-products-by-chinese-consumers About the Guest: Ms. Lily Dong is the Director of the 505 Group in charging of the overseas markets and product development. She has been with this healthcare product company in 1988 since its founding in Xianyang, Shaanxi, China, and has helped to build this company from zero to a well-known enterprise with global sales. In her 30 years in the healthcare industry in China, Lily has deep insights about the market trends, customers’ needs and sales/marketing operations. On July 12, PTCG has reached an agreement with Qingdao University MBA program to advice and connect the program with US advisors and speakers. PTCG's CEO Michelle Zou is invited as an advisor for the MBA program, and will lecture for the MBA students in future visits to Qingdao .
About Qingdao University Qingdao University is a key provincial research university located in Qingdao, China. In 1993, the former Qingdao University, Qingdao Medical College, Shandong Textile Engineering College, and Qingdao Normal College, merged to form the new Qingdao University. At present, QDU is one of the best comprehensive universities in Shandong Province, recognized as a member of the national "Excellent Engineer Education and Training Program." With a strong profile in Medical Sciences, Textile and Design, Business, and liberal arts, QDU serves 35,000 full-time undergraduate students, 9,800 graduate students, and 1,600 international students.
After the EducationUSA event at the US Embassy on July 5th, many audience asked to have a deep dive on their career questions. Therefore, PTCG CEO Michelle Zou hosted a small group career coaching event on July 7th in Beijing.
The attendees were from many different background and industries, and some were stuck with their career, some felt their career progression was not fast enough, and some were looking for a plan for career development so they could have a direction. During the event, the participants had a chance to get to know each other, and learned that they were not alone in terms of career questions. Michelle coached some attendees who were willing to bring their career situation and thoughts for discussion, and with that, the rest attendees could learn and relate to themselves. Chinese professionals have increasing demand in coaching to advance career. Michelle has coached many executives and over 500 professionals in the US. She is a PCC and a certified professional coach through ICF. |
AuthorPTCG consultants are leaders, business consultants, corporate coaches, speakers, and trainers with years experience in the technology industry, both US and China. Archives
January 2020
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