This Case is about BUDGETING
PUBLICATION DATE: November 27, 2008 PRODUCT #: 908B11-HCB-ENG
sOvercoming Corporate Rigidities in the Dynamic Chinese Market case solution
Businesses frequently bring in what they used and considered where shifting environmental conditions frequently leave present beliefs and practices unrelated in days gone by when they invest in the dynamic marketplace of China. Over generalizing from previous scenarios could become a source of corporate rigidity, which leads to the inability to expect the fast changes that need development in its recognized systems, products, and market orientation of an organization. Businesses must beat rigidities that are corporate if they are to react in a timely manner to the tremendous opportunities in China. In our research, we identified four different corporate rigidities- HRM rigidity, tactical rigidity, functional rigidity, and mindset rigidity – to help supervisors evaluate and identify the impact of rigidity on their China companies. We supply four practical strategies for defeating the four kinds of corporate rigidities.