Outward Direct Investment Success

PART 1 FOLLOWING THE TRAJECTORY OF CHINA’S INTERNATIONALIZATION CONTEXT 1990–2025 1. Introduction: in search of sustainable OFDI success with Chinese characteristics; 2. Policy evolution: understanding the evolving national policies that have shaped Chinese OFDI; PART 2 LEARNING FROM CHINA’S OFDI EXPERIENCE 1990–2025 3. Delivering on national priorities: China’s SOE OFDI Experience; 4. Balancing national priorities and company strategies: The non-SOE OFDI experience; PART 3 CHINESE CULTURE AS BOTH LIABILITY AND ASSET 5. Seeking cultural advantage: identifying China’s cultural differences and similarities in a global context; 6. Chinese managers and global leadership: assessing competencies and cultural advantages; PART 4 PREPARING FOR SUSTAINABLE SUCCESS 7. Target country scrutiny: undertaking the strategic-level pre-investment evaluation, with an emphasis on societal and cultural factors; 8. Target company suitability: undertaking the strategic-level pre-investment evaluation, with an emphasis on societal and cultural factors; PART 5 ALIGNING PEOPLE WITH STRATEGY 9. China’s management talent pool: evaluating international readiness; 10. Choosing the right people: lessons from the field; PART 6 MANAGING INTERNATIONAL OPERATIONS 11. Managing cross-cultural international subsidiaries: tackling the practical implementation planning and operational challenges; 12. Managing successful expatriates: overcoming the challenges via a whole-of-life-cycle approach; PART 7 ENSURING BEST FIT FOR SUSTAINABLE SUCCESS: IMPLICATIONS FOR TOP LEADERSHIP 13. Essential transformations: leadership roles and failure as a positive; 14. Key enablers and Chinese cultural advantages: leveraging both to achieve effective implementation; PART 8 SUSTAINABLE OFDI SUCCESS IN AN UNCERTAIN WORLD 15. Summary and key insights: major implications and practical guidance for top management in leading the transition to internationalization; 16. Eight keys to sustainable international success for Chinese companies in an uncertain world