The love of the boss

Chapter 85 New Challenges of Globalization

Based on the remarkable achievements in talent cultivation and team building, Lin Xiao and Su Yao set their sights on the broader global market. However, the global layout was not smooth sailing, and they faced many new challenges.

"Su Yao, globalization is an inevitable trend in the development of our company, but the difficulties involved are much greater than we imagined." Lin Xiao sat in the conference room, looking at the world map with a frown.

Su Yao nodded gently and responded: "Yes, the culture, laws, policies and market demands of different countries and regions are very different."

The first thing they encountered was the management challenge caused by cultural differences. In a European country where the company expanded, local employees had completely different ideas about working hours and working methods from those in China.

"Lin Xiao, the employees here are very resistant to overtime work. They pay more attention to the balance between work and life." said the manager in charge of European business.

Lin Xiao thought for a moment and said, "We must respect local cultural habits and readjust our work arrangements and management methods."

However, the new management method was not smooth during implementation, resulting in low work efficiency.

"Su Yao, some employees are not used to the new work arrangement, and some conflicts have arisen within the team." The manager reported anxiously.

Su Yao suggested: "Then we need to strengthen communication with employees and understand their specific ideas and needs."

Differences in laws and policies also caused the company considerable trouble. When entering an emerging market, the company almost got into legal disputes due to insufficient understanding of local labor laws and tax policies.

"Lin Xiao, this incident has sounded the alarm for us. We must strengthen our research on the laws and policies of various countries." said the head of the legal department.

Lin Xiao said seriously: "Immediately organize a professional team to conduct a comprehensive legal policy assessment of the market we are about to enter."

The diversity of market demand is also a huge challenge. In some Asian countries, consumers are more sensitive to the price of educational tourism products, while in European and American countries, consumers pay more attention to product quality and personalized services.

"Su Yao, the market response to our products in different regions varies greatly, and we need to make targeted adjustments." said a researcher from the marketing department.

Su Yao said: "Then we need to redesign and optimize our products based on the market characteristics of each region."

At the same time, the management of the global supply chain has become extremely complex. Due to the uneven quality of suppliers in different regions and the many uncertainties in logistics and transportation, product delivery has been delayed.

"Lin Xiao, a recent batch of goods was delayed due to transportation issues, and the customer is very dissatisfied." said the manager of the supply chain department.

Lin Xiao decided to negotiate with suppliers and logistics partners in person to establish a more stable and reliable supply chain system.

In the process of solving these problems, the company's costs rose sharply and its profits were severely affected.

"Su Yao, the numbers on the financial statements are not optimistic. We have to find ways to reduce costs as soon as possible." The financial director said worriedly.

Su Yao responded: "We need to start from every link, optimize the process, improve efficiency, and at the same time find better and more reasonably priced partners."

Despite facing numerous difficulties and challenges, Lin Xiao and Su Yao always believed in the strategic correctness of the global layout. They led the team to continuously explore, adjust and improve.

"Su Yao, as long as we persist and gradually overcome these difficulties, the global layout will definitely bring huge development opportunities to the company." Lin Xiao encouraged everyone.

Su Yao nodded firmly: "yes, we will succeed."

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