Chinese Automotive Market 2012

Working in the Automotive Market in China has always been exciting and after 2011 with more than 14.47 Mio. Passenger Cars sold, nobody was expecting a further increase. Many of my colleagues were forecasting a light decrease in production and sales of Passenger Cars in China. Therefore I monitored the market in 2012 closely by […]

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CAGR – Compound Annual Growth Rate

Definition of ‘Compound Annual Growth Rate – CAGR’ The year-over-year growth rate of an investment over a specified period of time. The compound annual growth rate is calculated by taking the nth root of the total percentage growth rate, where n is the number of years in the period being considered. This can be written […]

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Management Is (Still) Not Leadership…

by John Kotter  |  11:00 AM January 9, 2013 A few weeks ago, the BBC asked me to come in for a radio interview. They told me they wanted to talk about effective leadership — China had just elevated Xi Jinping to the role of Communist Party leader; General David Petraeus had stepped down from his post […]

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SATECO – Keypad Solutions

At SATECO I have been working as the Regional Manager Asia, which provides essential parts for all kinds of interior switches… SATECO is the worldwide leader in design, engineering and manufacturing of precision silicone keypads. The company’s outstanding reputation is achieved by a high product innovation level and continuous development. As a TIER 2 Supplier […]

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China GAAP vs. U.S. GAAP and IFRS

All foreign-invested enterprises in China are required to prepare financial reports at the end of each year using Chinese Accounting Standards (CAS). The objective of a statutory audit is to ensure that companies meet Chinese financial and accounting standards, including proper use of China GAAP. The CAS framework is based on three standards: Accounting Standards […]

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MENTOR Components

When I started with Mentor , it was stagnating in terms of profits and turnover due to tough competition in the lower spectrum of the market which is over-run by local manufacturers. Therefore, I implemented a business model which was geared towards customer support rather than straight forward catalogue sales. A few years after its […]

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NOVADO Advertisement

During my time with NOVADO it was a subsidiary of MBG International Premium Brands, which belongs to the Krombacher Group, the largest privately owned Beverage Company in Germany. Its purpose was to handle the merchandising business through local sourcing in China. With internal and external clients such as Perrier, Orangina and Rohde & Schwarz, the […]

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Eisbär GmbH & Polaris Cap

As a Munich- based Advertising Agency with focus on design & procurement of individual promotional  items, this company served industrial clients such as Fossil, Sparkasse, Spaten, Tchibo, INBEV, Swatch etc. with gift items such as Textiles, Hats, Inflatables and Plastics. Eisbär generated € 1.8 Mio in sales annually. The Hat and Baseball Cap Business was […]

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Eurotrade Munich Airport

During my bachelor degree, I worked as a Store Manager at a watch retail store at the Munich Airport. They sell brands like Breitling, Omega, Tag Heuer, Baume & Mercier, Tissot, Chronoswiss, Swatch as well as sunglasses such as Ray Ban, Gucci, Prada, Fendi, Jil Sander etc. You may find more information about the company […]

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REWE Group

After my Apprenticeship I worked for another year as a branch manager in the east of Munich. Because of my Bachelor studies left REWE in August 2008. More information’s about REWE can be found on the following websites,: http://www.rewe-group.com (English) http://www.rewe.de (German)

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