This week has been an interesting week, as the competitions between the bikes companies are starting to heat up, new strategies needs to be developed when the markets are becoming fully competitive. One thing that spiked my interest were the China’s CEO summit, the first impression i had when I first heard about was very skeptical, however considering the summit was organized by the one team that is at the top of the performance chart, it really troubles me about what they are trying to achieve? Is it really like how they say they just want to help other teams in order to foster a healthy growing market? Or is it a way to maintain and ensure the dominance of their team. The more I think of it, the more I think the China’s CEO summit is a great move done by the other team.
WARNING the following argument is heavily biased and is all base on my personal observation and understandings of the Mike’s bike environment; my team is not in the Chinese market, therefore the information I understand maybe different compare to the teams that is actually in the Chinese market.
The reading suggested that an effective administrator should have three skills (Katz. 1955), technical, human and conceptual, taken into the case of Mike’s Bike, I totally agree with Katz’s reading and see those skills are crucial to the success in the world of Mike’s bike and the real world. However by only having those three skills, I believe will only make you a good administrator of the team, as a CEO, I believe you must also look at the outside of the organization. In Mike’s Bike, predicting the strategies of your competitor is also crucial, by hosting a China’s CEO summit the team is going beyond the three skills and looking outside of their team. I think the summit creates a perfect opportunity for that top team to identifying threats by learning the opponent’s strategies and respond to them appropriately. Which they can develop and benefit from the “shock effect” mentioned in Davies’s reading (1984), without experiencing the setbacks caused by the shocks, overall a great strategy. Once again I must say that due to the fact that I do not compete in the Chinese market I cannot say that I am absolutely right. But I am looking forward to see the outcomes of summit meeting. I think the key about developing yourself is by not limiting yourself in the box, seeing other people’s strategy and outcome also provides an opportunity for me to develop as well.
Davies, J., & Easterby-Smith, M. (1984). Learning and developing from managerial work experiences. Journal of Management Studies, 21(2), 169--182. doi:10.1111/j.1467-6486.1984.tb00230.x
Katz, R. L. (1955). Skills of an effective administrator. Harvard Business Review, 33(1), 33--42.