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Leanings

In: Business and Management

Submitted By abhinav1328
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2) What are the things that you like about his hunt ? And the things that you don’t like? why ? what would you do differently, if it were your challenge ?
Solution : Things I like about Michael Faye’s hunt : * Michael Faye is internationally experience, knowledge professional and skillful in lobbying government. * His hunting style is fast pacing, getting things done in quick time. * He is opportunistic who look out for every possible way to achieve his goals. * His approach towards problem solving is different. * He is proactive person, who has travelled all over the country within few days and has been triumphant in forming alliances with his competitors, manufacturers & investment bankers. Good interpersonal skills, learning ability & ready to take up challenges. * He is innovative in his ideas & clarity of thoughts. * Forming strategic alliances with local market leaders for R&D and distribution, which will also ensure the issue of protection of IP rights. * His commitment, sincerity, driving energy is conducive in making Salvetec solutions company prominent. Things I dislike : * He has not taken into consideration that China is not one market but many markets. * As a market leader, he has not emphasize in strengthening his brand. * He is not aware of emerging market players in China. * He is impatient, doing many things in quick time. * He has not taken into consideration about the decline in quality of its products that might takes place by manufacturing through local firms. If I would have been in Michael Faye’s place I would have : * Promoted the brand to the target customers. * Maintain the quality of products. * My focus would have been towards value proposition & customer lifetime value. * Meeting expertise, predecessors to know about how to strengthen & expand my company in China. * I would have been self-reliant. * Dedicated, motivational and well focus towards my work.

3) What has allowed him to get the most out of his approach to hunting new ideas ? * Networking, socializing with others, contacts * Interpersonal skills : interaction with professionals effectively * Eveready to take up challenges. * Keeping eye on competitors & meeting them to get acquainted with the scenario. * Innovative in harvesting his ideas. * Broad spectrum of communication. * Always following trends in global markets. * Always things differently to get optimal solution.…...

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