http://blog.e-bdo.com/intranet/global/jnblog1.nsf/en-gbThu, 20 Oct 2011 10:24:52 +0200 Thu, 20 Oct 2011 10:24:52 +0200 Mukunda Adhikari The last posting http://blog.e-bdo.com/intranet/global/jnblog1.nsf/dx/The-last-posting?opendocument&comments#20102011092452NTSBVL.htm Tue, 27 Sep 2011 12:43:13 +0100 rami Abu Hadid The last posting http://blog.e-bdo.com/intranet/global/jnblog1.nsf/dx/The-last-posting?opendocument&comments#27092011124313NTSFRL.htm Mon, 26 Sep 2011 23:26:57 +0100 ACW The last posting http://blog.e-bdo.com/intranet/global/jnblog1.nsf/dx/The-last-posting?opendocument&comments#26092011232657NTSUBW.htm Thu, 22 Sep 2011 06:33:58 +0100 Jeremy Newman The last posting
Jeremy]]>
Jeremy]]> http://blog.e-bdo.com/intranet/global/jnblog1.nsf/dx/The-last-posting?opendocument&comments#22092011063358NTS8JS.htm Wed, 21 Sep 2011 12:57:13 +0100 dr. Mohamad Alamri The last posting http://blog.e-bdo.com/intranet/global/jnblog1.nsf/dx/The-last-posting?opendocument&comments#21092011125713NTSG2C.htm Tue, 20 Sep 2011 11:17:32 +0100 Yunis Salayev The last posting http://blog.e-bdo.com/intranet/global/jnblog1.nsf/dx/The-last-posting?opendocument&comments#20092011111732NTSE42.htm Wed, 17 Aug 2011 11:01:40 +0100 Rob Dean Twitter
Welcome to the Web 2.0! Ask yourself this: is the greater preponderance of bellyaching fusspots to be found:

1. Loitering on the web

2. Working as global CEOs

When high-profile individuals and brands 'go interactive' the only time they are not shocked by abuse from outlier web users is when they fail to get traffic.

Corporate digital strategy is my profession. The question I most often ask clients about social media is who they imagine their target demographic for such media to be. But well inside my top ten questions, though, is 'you do realise that if you don't get some vile abuse 9:00am day one, it's only because they haven't noticed you yet?'

And on your corporate scale, you'd have to be a pretty ineffective operator to never put anybody's nose out of joint...]]>
Welcome to the Web 2.0! Ask yourself this: is the greater preponderance of bellyaching fusspots to be found:

1. Loitering on the web

2. Working as global CEOs

When high-profile individuals and brands 'go interactive' the only time they are not shocked by abuse from outlier web users is when they fail to get traffic.

Corporate digital strategy is my profession. The question I most often ask clients about social media is who they imagine their target demographic for such media to be. But well inside my top ten questions, though, is 'you do realise that if you don't get some vile abuse 9:00am day one, it's only because they haven't noticed you yet?'

And on your corporate scale, you'd have to be a pretty ineffective operator to never put anybody's nose out of joint...]]> http://blog.e-bdo.com/intranet/global/jnblog1.nsf/dx/Twitter?opendocument&comments#17082011110140NTSH6Z.htm Fri, 22 Jul 2011 11:18:03 +0100 Rohan Shinde China and Big 4 only clauses
Such clauses will also hamper the ability of local chinese firms to grow]]>
Such clauses will also hamper the ability of local chinese firms to grow]]> http://blog.e-bdo.com/intranet/global/jnblog1.nsf/dx/China-and-Big-4-only-clauses?opendocument&comments#22072011111803NTSE4C.htm Sun, 17 Jul 2011 15:58:33 +0100 Dan China and Big 4 only clauses http://blog.e-bdo.com/intranet/global/jnblog1.nsf/dx/China-and-Big-4-only-clauses?opendocument&comments#17072011155833NTSKKN.htm Sun, 3 Jul 2011 16:48:29 +0100 Patrick Mugambe Atlanta, GA USA Cross border expansion
The Deloitte Touche Tohmatsu 2011 report entitled "The Consumption Dilemma, Leverage Points for Accelerating Sustainable Growth", observed that by almost any measure, human prosperity is greater now than at any previous time in world history. In the last 30 years, absolute poverty has fallen at an unprecedented rate – even as global population has increased from 4 billion to nearly 7 billion. A transformation is taking place now, as hundreds of millions of people move from a subsistence existence to one based on their integration in global webs of production and consumption. China is no exception.

The only challenge in penetrating China is mainly from a cultural perspective. For instance, one cannot comfortably settle in a foreign country without taking the initiative to learn its cultures and traditions. Geert Hofstede analysis for China has Long-term Orientation (LTO) the highest-ranking factor (118), which is true for all Asian cultures; suggesting a society's time perspective and an attitude of persevering (overcoming obstacles with time, if not with will and strength). Chinese commitment to Family, group or extended relationships as suggested by Hofstede's "individualism" dimension, is a manifestation that Loyalty in a collectivist culture is paramount. The society fosters strong relationships where everyone takes responsibility for fellow members of their group. Therefore a symbiotic strategy that involves putting some effort in understanding and assimilating the cultural aspects in China, and generally the Pacific region before investing huge amounts of capital, both human and technology would be the starting point for a cross border expansion into China.

Countries such as Brazil, Argentina, Chile, and China have also considerably transformed themselves into major consumption economies partly due to the International Product Life Cycle (IPLF) also described by Raymond Vernon in his 1996 journal article titled "International Investment and International Trade in the Product Cycle" as an internationalization process wherein a local manufacturer in an advanced country begins selling a new, technologically advanced product to high-come consumers in its home market. China has a sizable local an regional market for its low cost labor, products, and technologies.

Technological improvement and production efficiencies in the new international business environment have generally resulted into better access of global markets, enhanced production efficiencies and higher standards of living. Many of the emerging economies -China inclusive, are now galvanizing their achievements in technology, communication and infrastructure development by investing in developing countries especially in Africa, where the markets are promising.

I would therefore tend to agree with Gerald Dinneen who in his 1998 book titled 'Globalization of Technology" suggested that as technological advances occur ever more rapidly and in many parts of the world, industry has responded by forming joint ventures, alliances, and overseas research and development (R&D) organizations. In turn, these new organizations expedite the globalization of technological innovation. This interaction still continues even with the way China conducts business both within its frontiers and with the rest of the world.]]>
The Deloitte Touche Tohmatsu 2011 report entitled "The Consumption Dilemma, Leverage Points for Accelerating Sustainable Growth", observed that by almost any measure, human prosperity is greater now than at any previous time in world history. In the last 30 years, absolute poverty has fallen at an unprecedented rate – even as global population has increased from 4 billion to nearly 7 billion. A transformation is taking place now, as hundreds of millions of people move from a subsistence existence to one based on their integration in global webs of production and consumption. China is no exception.

The only challenge in penetrating China is mainly from a cultural perspective. For instance, one cannot comfortably settle in a foreign country without taking the initiative to learn its cultures and traditions. Geert Hofstede analysis for China has Long-term Orientation (LTO) the highest-ranking factor (118), which is true for all Asian cultures; suggesting a society's time perspective and an attitude of persevering (overcoming obstacles with time, if not with will and strength). Chinese commitment to Family, group or extended relationships as suggested by Hofstede's "individualism" dimension, is a manifestation that Loyalty in a collectivist culture is paramount. The society fosters strong relationships where everyone takes responsibility for fellow members of their group. Therefore a symbiotic strategy that involves putting some effort in understanding and assimilating the cultural aspects in China, and generally the Pacific region before investing huge amounts of capital, both human and technology would be the starting point for a cross border expansion into China.

Countries such as Brazil, Argentina, Chile, and China have also considerably transformed themselves into major consumption economies partly due to the International Product Life Cycle (IPLF) also described by Raymond Vernon in his 1996 journal article titled "International Investment and International Trade in the Product Cycle" as an internationalization process wherein a local manufacturer in an advanced country begins selling a new, technologically advanced product to high-come consumers in its home market. China has a sizable local an regional market for its low cost labor, products, and technologies.

Technological improvement and production efficiencies in the new international business environment have generally resulted into better access of global markets, enhanced production efficiencies and higher standards of living. Many of the emerging economies -China inclusive, are now galvanizing their achievements in technology, communication and infrastructure development by investing in developing countries especially in Africa, where the markets are promising.

I would therefore tend to agree with Gerald Dinneen who in his 1998 book titled 'Globalization of Technology" suggested that as technological advances occur ever more rapidly and in many parts of the world, industry has responded by forming joint ventures, alliances, and overseas research and development (R&D) organizations. In turn, these new organizations expedite the globalization of technological innovation. This interaction still continues even with the way China conducts business both within its frontiers and with the rest of the world.]]> http://blog.e-bdo.com/intranet/global/jnblog1.nsf/dx/Cross-border-expansion?opendocument&comments#03072011164829NTSLJU.htm Wed, 1 Jun 2011 09:35:44 +0100 Jagadish Bhattarai Twitter Link }]]> Link }]]> http://blog.e-bdo.com/intranet/global/jnblog1.nsf/dx/Twitter?opendocument&comments#01062011093544NTSC4D.htm Sun, 29 May 2011 18:21:55 +0100 Krupo Twitter http://blog.e-bdo.com/intranet/global/jnblog1.nsf/dx/Twitter?opendocument&comments#29052011182155NTSNDA.htm Sun, 29 May 2011 10:17:04 +0100 Jagadish Bhattarai Twitter http://blog.e-bdo.com/intranet/global/jnblog1.nsf/dx/Twitter?opendocument&comments#29052011101704NTSCW8.htm Mon, 2 May 2011 23:43:29 +0100 ACW Are businesses feeling more confident?
Thought needs to be given as to how this confidence has grown.

More and more companies in the transportation and construction industries are closing their doors, leaving these skilled workers looking for what ever unskilled work they can find.

On the other hand, professional services firms are experiencing greater growth. It seems that nearly every firm is pushing their respective Advisory and Consulting function, as this is the obvious area for growth.

When wealth creation, as opposed to wealth redistribution, industries are still failing (such as construction), can this really constitute real growth?]]>
Thought needs to be given as to how this confidence has grown.

More and more companies in the transportation and construction industries are closing their doors, leaving these skilled workers looking for what ever unskilled work they can find.

On the other hand, professional services firms are experiencing greater growth. It seems that nearly every firm is pushing their respective Advisory and Consulting function, as this is the obvious area for growth.

When wealth creation, as opposed to wealth redistribution, industries are still failing (such as construction), can this really constitute real growth?]]> http://blog.e-bdo.com/intranet/global/jnblog1.nsf/dx/Are-businesses-feeling-more-confident?opendocument&comments#02052011234329NTSUT3.htm Thu, 28 Apr 2011 08:05:56 +0100 Anthony Fensom I have just returned from a few days in Tokyo… http://blog.e-bdo.com/intranet/global/jnblog1.nsf/dx/I-have-just-returned-from-a-few-days-in-Tokyo?opendocument&comments#28042011080556NTSAC9.htm Wed, 30 Mar 2011 16:41:36 +0100 cyprus company registration Who should set accounting standards? http://blog.e-bdo.com/intranet/global/jnblog1.nsf/dx/Who_should_set_accounting_standards?opendocument&comments#30032011164136NTSLEK.htm Mon, 28 Mar 2011 11:59:41 +0100 Mukunda Dev Adhikari (Nepal) Big 4 bias – can we ever overcome it?
Big4 have significant resources, strong alumni networks and gives a sense of security to clients in case of liability issues. Definitely something needs to change, but will need significant market reforms and will take time.]]>
Big4 have significant resources, strong alumni networks and gives a sense of security to clients in case of liability issues. Definitely something needs to change, but will need significant market reforms and will take time.]]> http://blog.e-bdo.com/intranet/global/jnblog1.nsf/dx/Big-4-bias-–-can-we-ever-overcome-it?opendocument&comments#28032011115941NTSEWC.htm Mon, 28 Mar 2011 11:42:09 +0100 Guru Prasad Big 4 bias – can we ever overcome it? http://blog.e-bdo.com/intranet/global/jnblog1.nsf/dx/Big-4-bias-–-can-we-ever-overcome-it?opendocument&comments#28032011114209NTSEKE.htm Sun, 27 Mar 2011 20:41:59 +0100 cyprus company registration “If the bankers don’t like it, that’s probably a good sign the FASB is doing something right.” http://blog.e-bdo.com/intranet/global/jnblog1.nsf/dx/If-the-bankers-dont-like-it-thats-probably-a-good-sign-the-FASB-is-doing-something-right?opendocument&comments#27032011204159NTSR4S.htm Wed, 16 Mar 2011 07:20:41 +0100 Jagadish Bhattarai Big 4 bias – can we ever overcome it? http://blog.e-bdo.com/intranet/global/jnblog1.nsf/dx/Big-4-bias-–-can-we-ever-overcome-it?opendocument&comments#16032011072041NTSAMG.htm