The greatest twenty-first century phenomenon is the China Dream that has flabbergasted the entire globe in one go. How an under-developed country lived so long in economic isolation opening up only in 1979 for foreign investment for the first time, took such great stride in last four decades to become number one geoeconomics power is miracle indeed. How this happened?
The top notch item for this great success menu is how China went on the aspect of capacity building. By using the special economic zones (SEZ) China got investors to cough up large quantum of capital by way of cash, infra-structure, machinery & equipment along with modern top of the range technology that is often shared with the host along with the liberty to use patents & intellectual property.
Linearity of geoeconomics goal is the second most vital ingredient in the menu for success. It was driven via three lanes:
a) Cost effectiveness of manufacturing and associated labour efficiency of Chinese workers who were given on the job training as well as off-site training in technical and managerial skills.
b) Sheer economic focus that downplayed the enforcement of labour laws, conformation to human rights, more than that, dismissal of environmental safeguards in its entirety
c) No way, distraction of the primary economic mission was entertained or allowed to proceed
Worker discipline & dedication ranked third in the success menu. Chinese Communist Party (CPP) doctrinaire emphasised no-nonsense approach by every Chinese who must do his part in turning out items from the production line with such dedication & diligence, such that occurrence of errors was totally eliminated. Moreover, workers were brainwashed to the effect that the mite he contributes goes long way in the blossoming of China Dream. Put it another way, it was national pride to be part of the production endeavour.
CPP cadres were represented both in the factory floor and at management round table who depending on the situation per se would choose flexibility over regimentation or regimentation over flexibility as the case may be. Rest of the workers go along with the decisions without qualms or objections.
The thin line separating ideology with pragmatism as the fifth ingredient is always observed fiducially. Evidently, the CPP cadre in corporate management use tack with foreign partners and force with Chinese labour to implement public policy of China based on Marxism-Leninism and thereafter mesh it with company business policy framed by the investors so that right brew of pragmatism in policy perspective is achievable along with achieving business goals.
Sixth, it is the crisis management that functioned as the crown. At any moment crisis brews in the labour group or in production process both the workers and foreign investors join hands in managing the crisis in cooperation rather than confrontation.
Seventh wonder is strategic thinking that prevails in the minds of corporate management spearheaded by foreign investors who have track knowledge and exposure. Ostensibly few disagreements have taken place so far. At the end of the day sense of comradery prevails amongst both foreign partners and the Chinese hosts who later join in the evening for beer with lot of cheer!
Cheers!
Muthu Ashraff Rajulu
Business Strategist
Mobile: + 94 777 265677
E-mail: cosmicgems@gmail.com
Blog: Business Strategist
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