Thanks to Björn Ognibeni for the exciting insights and case studies on BYD and Huawei, as well as the topic of e-commerce with SHEIN and Temu at the Inno.x Network yesterday, brought to us by Hans Sailer and Karin Sailer A few key points from his presentation: 🔹 China is its own ecosystem: new ideas and new experiences rise within the Great Firewall of China - and they are being deployed successfully all over the world 🔹 Speed is key: In comparison to most of the western world, Chinese companies accelerate while growing 🔹 Adaptability: While we 'Never change a running system', China embraces continuous, flexible, and radical changes. 🔹 Rethink Digital: the new business models driven by data are providing a new experience to the customer, while increasing the efficiency of supply chains. In China, only what reaches the customer is produced, reducing overproduction and lowering costs. What can we learn from Digital China? ✅ Set long-term goals and implement them in an agile manner. ✅ Rethink ideas holistically - in systems, not in silos. Let's embrace these lessons to drive innovation and agility in our businesses! 🚀 #DigitalChina #Innovation #Agility #Ecommerce #BusinessStrategy #RethinkDigital https://lnkd.in/gEKf-GWF
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Global Collaboration in Focus at #WEF2024! M A Yusuf Ali, Managing Director of Lulu Hypermarket, charts the course for innovative partnerships and investments at the #WorldEconomicForum at #Davos. Discover the vision and potential synergies that will shape Lulu's impact on global markets! #WEF2024 #InvestInKarnataka
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innoxnetwork - Director & Community Manager
3moThank’s a lot to Björn for presenting us different, inspiring innovation battlefields and the Chinese way - always a great pleasure!