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China's Technology Innovators -  Xiaoming Zhu

China's Technology Innovators (eBook)

Selected Cases on Creating and Staying Ahead of Business Trends

(Autor)

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2017 | 1st ed. 2018
XVI, 180 Seiten
Springer Singapore (Verlag)
978-981-10-5388-7 (ISBN)
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This book is one of the first to explore how Chinese companies are feeling the impulse of emerging business trends and seizing opportunities brought by technology innovation. It consists case studies of 7 Chinese companies: 3DMed, Wechat from Tencent, Shanghai GM, CP Group, Alibaba, AutoNavi, and ICBC. Each Chinese company has its unique perspectives and different ways to make transformation and business model adjustments. The book helps fill the gap between the global interest in 'Innovate in China' and the limited availability of cases on innovations in the country. It is a valuable reference resource for readers in China and beyond wishing to address challenges in the context of growing digital technologies and overwhelming business trends.

Dr. Xiaoming Zhu is Professor of Management at CEIBS, where he served as President from June 2006 to March 2015. Dr. Zhu graduated from Shanghai Jiao Tong University with a doctoral degree in engineering. 
As an expert enjoying the State Council's special subsidy, he is also adjunct professor and Ph.D. supervisor in the College of Economics and Management at Shanghai Jiao Tong University, adjunct professor and Ph.D. supervisor at Shanghai University of Finance and Economics, Ph.D. supervisor for the China UnionPay postdoctoral programme, and Director of CEIBS Shanghai Research Institute of Digitalisation and Internet Finance. Dr. Zhu assumed the positions of deputy secretary general of the Shanghai Municipal Government, Chairman of the Shanghai Foreign Trade and Economic Cooperation and Shanghai Foreign Investment Committee, Vice Chairman of the Shanghai People's Congress, and Vice Chairman of the Shanghai People's Political Consultative Conference. The major honors awarded to Dr. Zhu include the 2nd Prize and the 3rd Prize for 'Science and Technology Advancement in Shanghai', the 1st Prize and the 2nd Prize for 'Shanghai Policy-making Consultation' and Distinguished Award of the International Academy of Management. He also assumed the positions of Vice Chairman of the China Society of Industrial and Applied Mathematics, and Director of the Shanghai Evaluation Committee of International Business Professionals. 
Dr. Zhu has published substantial amounts of books and research reports, including the Shanghai Foreign Trade and Economic Cooperation Series, the Mathematical Model Study of Economic and Management Cases (one of the coauthors), the Report on China's Outsourcing Development 2007-2013(editor-in-chief), the 2010 Report on Development of China's Outward Investment and Economic Cooperation(editor-in-chief), Platform as a Service, the Report on China' Third Party E-payment Sector, E-payment Revolution, the Chinese version of Mastering the Hype Cycle, and Business Trends in The Digital Age: Evolution of Theories and Applications (Published by Springer in 2016).

This book is one of the first to explore how Chinese companies are feeling the impulse of emerging business trends and seizing opportunities brought by technology innovation. It consists case studies of 7 Chinese companies: 3DMed, Wechat from Tencent, Shanghai GM, CP Group, Alibaba, AutoNavi, and ICBC. Each Chinese company has its unique perspectives and different ways to make transformation and business model adjustments. The book helps fill the gap between the global interest in "e;Innovate in China"e; and the limited availability of cases on innovations in the country. It is a valuable reference resource for readers in China and beyond wishing to address challenges in the context of growing digital technologies and overwhelming business trends.

Dr. Xiaoming Zhu is Professor of Management at CEIBS, where he served as President from June 2006 to March 2015. Dr. Zhu graduated from Shanghai Jiao Tong University with a doctoral degree in engineering. As an expert enjoying the State Council's special subsidy, he is also adjunct professor and Ph.D. supervisor in the College of Economics and Management at Shanghai Jiao Tong University, adjunct professor and Ph.D. supervisor at Shanghai University of Finance and Economics, Ph.D. supervisor for the China UnionPay postdoctoral programme, and Director of CEIBS Shanghai Research Institute of Digitalisation and Internet Finance. Dr. Zhu assumed the positions of deputy secretary general of the Shanghai Municipal Government, Chairman of the Shanghai Foreign Trade and Economic Cooperation and Shanghai Foreign Investment Committee, Vice Chairman of the Shanghai People’s Congress, and Vice Chairman of the Shanghai People’s Political Consultative Conference. The major honors awarded to Dr. Zhu include the 2nd Prize and the 3rd Prize for "Science and Technology Advancement in Shanghai", the 1st Prize and the 2nd Prize for "Shanghai Policy-making Consultation" and Distinguished Award of the International Academy of Management. He also assumed the positions of Vice Chairman of the China Society of Industrial and Applied Mathematics, and Director of the Shanghai Evaluation Committee of International Business Professionals. Dr. Zhu has published substantial amounts of books and research reports, including the Shanghai Foreign Trade and Economic Cooperation Series, the Mathematical Model Study of Economic and Management Cases (one of the coauthors), the Report on China’s Outsourcing Development 2007-2013(editor-in-chief), the 2010 Report on Development of China’s Outward Investment and Economic Cooperation(editor-in-chief), Platform as a Service, the Report on China’ Third Party E-payment Sector, E-payment Revolution, the Chinese version of Mastering the Hype Cycle, and Business Trends in The Digital Age: Evolution of Theories and Applications (Published by Springer in 2016).

Foreword I 6
The Inevitable Trend of an Innovation-driven Future 6
Foreword II 8
Author’s Preface 10
Sorting the Wheat from the Chaff 10
A Straw in the Wind 11
As Compelling as Ever 12
Contents 13
1 Case I: 3DMed: An R& D Platform for Personalised Precision Anti-cancer Drugs
Overview of Anti-cancer Drug R& D
History of Anti-cancer Drug R& D
From R& D to Launch
The Biopharmaceutical Industry Chain 22
Analysis of Global Market Potential 23
Analysis of Chinese Market Potential 23
The Start-Up Decision 25
The Early Years: Accumulating Knowledge 25
Forecast of Market Trends 25
Back to the Homeland 26
The Start-Up’s Focus 27
Individualised Precision Treatment 27
Large-Scale Drug Screening Model 27
Next-Generation Sequencing (NGS) 28
Big Data Processing 31
The Start-Up Process 31
Founding the Company 31
The Entrepreneurial Team 32
Accumulating Resources 34
Angel Round of Financing 35
Technological Innovation 36
The Business Value of 3DMed 36
Providing New Drug R& D Services
Building a Drug R& D Platform
Changing Clinical Diagnostics Models 38
Future Challenges Facing 3DMed 38
Sustainable and High R& D Investment
Putting a Team Together After Strategic Transformation 39
Cultivating Customers in a Changing Industry 41
Case Analysis I 42
Case Analysis II 43
Case Analysis III 45
References 46
2 Case II: Micro Platform, Major Innovation—WeChat-Based Ecosystem of Innovation 49
Precision Innovation and Rapid Iteration 49
Methodology of “Micro Innovation” 52
A Decentralized Organizational Structure 53
Small Teams Led by Project Managers 53
Innovate and Rapidly Iterate by Keeping Abreast of the Times 53
Less Is More and Reverse Iteration 54
Dynamic Management and Targets for Different Stages 54
Open Interfaces and Set up the Platform 54
Innovation of Platform Service 54
An O2O Closed Loop Formed by WeChat Payment 57
Global Positioning and Globalization 59
Mass Innovation Inspired by the Official Account Platform 60
Case Analysis I 63
Case Analysis II 65
References 68
3 Case III: SHANGHAI GM: The Way to Intelligent Manufacturing 69
SHANGHAI GM 70
Intelligent Manufacturing 70
What is Intelligent manufacturing? 70
Development at the State-Level Strategy 72
Intelligent Manufacturing Development in Automobile Industry 74
SGM: Informatization 76
SGM: Automation 78
Case Analysis I 79
Case Analysis II 81
References 83
4 Case IV: Can Robots Raise Laying Hens? 84
Beijing CP Eggs Co., Ltd 85
Why Did CP Eggs Let Robots Raise Hens? 86
Safety 86
Cost and Efficiency 86
Customized Robots 87
Innovating Business Model 89
Four-in-One Model 90
Innovating Process of the Model 91
Solving the Land Problem 91
Solving the Funding Problem 92
Using the Agreement to Bind All Partners 93
Case Analysis I 94
Case Analysis II 96
References 97
5 Case V: Alibaba: A Decade-Long Road to Financial Services 98
Alibaba 99
AliFinance 101
Sail with Wind (2002–2010) 101
Diversified Exploration (2010–2012) 103
Comprehensive Expansion (2012–2013) 103
The AliFinance’s Seven Swords Strategy 104
Fundamental Credibility 104
Payment Rules the Roost 105
Petty Loan Gold Mine 108
Guarantee Assistance 112
Step Foot in Insurance 112
Bao Bao Transformation 113
First Attempt at a Privately Operated Bank 115
Traditional Finance 116
Traditional Finance Operation Model 116
Traditional Finance Industry Is Catching up 116
Traditional Finance and Internet Finance Industry Win-Win Cooperation 118
AliFinance’s Opportunities and Challenges 118
Future Opportunities for AliFinance 118
The Challenges Ali Is Facing 119
Case Analysis I 121
Case Analysis II 123
6 Case VI: Changing with the Times: AutoNavi’s Autonomous Development 125
Starting Up: Arduous Field Work 126
IPO: A Hidden Champion Appears on the NASDAQ 128
Transformation: Embracing the Big Trends in Mobile Internet 131
A Self-built Platform: “Penetration into the Whole Industry Chain” 134
The Demand for a New Mindset 138
Joining the Big Alibaba Family 140
Platform Strategy in Alibaba’s Style 141
Case Analysis I 143
Case Analysis II 145
References 147
7 Case VII: ICBC in the Digital Times 149
Internet Financial Counter-Attack 149
ICBC Informatization 150
Jiang Jianqing and Informatization 150
Informatization Process 152
Information System 152
Independent R& D
Data Center 155
Business Electronization 156
Counter-Attack of Internet Finance 157
Internet Finance 157
Regulating “Dividend” 158
Challenges ICBC Faced 161
Actively Integrating into the Internet Finance 162
Big Data 163
Setting up the Internet Financial Platform 165
Payment 165
Comprehensive Charge Payment 166
Online and Offline Integration POS Business Management 166
Instant Message 167
E-Purchase 168
Why Do It? 168
Current Status 168
Different Methods with Other E-Commerce Enterprises 170
Infiltration of the Internet Thinking 171
Action Breaking Through Concepts 172
Digitization Reshaping Competitiveness 172
Credit Risk Control 173
Large Asset Management 175
Large Retail 177
Large Company 178
Case Analysis I 180
Case Analysis II 183
References 185
Epilogue 186
Iteration of Cases Through Time 186
Epilogue—Exhibit 1 188
Collection of Alibaba and Ant Financial News from 2014–2015 188
Epilogue—Exhibit 2 190
I. Introduction 191
II. The Hard-Working Ant Financial 191
III. The Fast-Developing Ant Financial 192
IV. Conclusion 192

Erscheint lt. Verlag 21.6.2017
Reihe/Serie Management for Professionals
Zusatzinfo XVI, 180 p. 30 illus., 18 illus. in color.
Verlagsort Singapore
Sprache englisch
Themenwelt Wirtschaft Betriebswirtschaft / Management Unternehmensführung / Management
Schlagworte business trends • Customized Robot Application • Internet Finance • Medicine Development Platform • Micro Innovation • Mobile Internet • smart manufacturing • Technology Innovation
ISBN-10 981-10-5388-X / 981105388X
ISBN-13 978-981-10-5388-7 / 9789811053887
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