GBP International's Podcast: Recent Episodes

GBP International

GBP International - Your contact for market entry, sales, purchasing, restructuring and interim management solutions.In this podcast we talk about current trends in Asia and how your business can benefit from these, when trying to expand abroad.

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GBP INTERNATIONAL CEO Volker Friedrich conducted an interview with the journalist and China expert Frank Sieren. Covering the latest situations in China, the Belt&Road initiative, and Evergrande. Furthermore, Make in China first policies, Artificial Intelligence, and other new technologies. For anybody who could not join please have a look at the recorded session below. For more information or any inquiries for further webinars, feel free to contact us. 

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Tun Dr. Mahathir openly shares his views on Europe, USA, China, Germany and Malaysia and the new vision of the world after the COVID19 pandemic in this exclusive 45min interview with GBP INTERNATIONAL founder Volker Friedrich (www.gbp-international.com). 

His wit and experience in this interview is amazing and Dr Mahathir is openly sharing his opinion on Anwar Ibrahim and the present government of Malaysia. 
A genuine recommendation for todays young generation is eye opening at the end of the interview from the 94 year old veteran. 

Worth to listen to the complete interview for anybody who wants to hear a balanced view on the state of the world from the elder statesman. Challenged by thoughful questions of Volker Friedrich, Tun Dr. Mahathir says that the USA has lost their leadership role under President Trump and his most remarkable memory is a meeting with Nelson Mandela. 

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Volker Friedrich talks about economic and social developments in Asia. For example, why are we afraid of China’s economical growth? Besides, Dr. Parag Khanna claims that opportunities are outweighing the risks. The topic of sustainability and human rights are also not neglected in this Interview. China has meanwhile started the largest investments in clean energies. As a result, they export solar technology, wind energy and conquer the world market. The two also discuss the environmental and political developments. And what those developments mean for future Asia. What changes will the COVID-19 crisis bring? What does this mean for investors and stakeholders? 

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Let's get digital! Alibaba, Wechat Huwaeii and co. Why is Asia way ahead in digital business? In this last episode of our series, we will talk about making your business digital.

Due to the COVID-19 crises, we all know it is crucial to have a digitalized business. The world is becoming more and more global and a printed Catalog doesn't cover it in most cases anymore. For one last time, Volker Friedrich will share his knowledge and stories with us.

Naturally, these eight chapters are only the tip of the iceberg. Therefore an ebook format for this podcast is yet to come and will be published in 2021.

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Asian countries are in no way developing anymore as they used to before. Take them seriously and respect what Asia has achieved in the last 20-30 years. We see Asian companies becoming a global competitor in many markets in Europe, the USA and especially in other parts of the world such as Middle East, Africa and South America. It may be smarter to cooperate with them than to fight them. So, don’t see the rapid development in Asia as a threat but rather as an opportunity!

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Any product requires localisation and that starts with customer service. Even if you have standardised products you need to have a local support team and service centre as well as packaging and labeling in the local language. Even if you do not think (yet) about local production – play the game of forming partnerships and joint ventures with potential partners for more localising as you move forward. This will always help to understand the value proposition and you can adjust your business plan as you go along.

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When it comes to any business practice abroad, the cultural differences and habits, as well as values and ethical standards should be well known and adhered to. Prepare your people and teams well if they need to stay for longer in the country. Don’t be shy to replace people if you see that they are not able to adapt. Learning about and respecting local cultures is key to success. 

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Asian markets are built on trust and relationship more than anywhere else. Thus responsible managers need to have time and commitment to built their personal relationships and networks which are stable, trustworthy and valuable over a long period of time.

Get an insight into Volker Friedrich's personal success story as well as some hands-op tips on how to built your network abroad.

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Asia is a huge part of the world and with so many countries on the map we see a lot of simplified assumptions. Each Asian market has its' own advantages, as well as specific challenges. 

Not a lot of companies think about this when it comes down to choosing the correct hub to get their business started in Asia. 

That is exactly why Volker Friedrich and Rebecca Barth talk about country-specific differences and commonly made mistakes when searching for a hub abroad in this episode.

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In this second episode of our series success factors for sustainable business in Asia, Rebecca Barth and Volker Friedrich discuss how one can plan their time and budget effectively and efficiently.
Get useful tips and tricks from GBP Interntational's CEO, as well as  insights into selected Asian markets. 
You have any questions, comments or would like to know more about one of our topics? Don't hesitate to contact us now and get a 30-min consulting session for free.

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In this epsiode Rebecca Barth interviews GBP International's CEO Volker Friedrich. 

After nearly 25 years of working in Malaysia, Indonesia, Vietnam, Thailand and Singapore as well as in China and India, Volker Friedrich knows about the typical problems you need to address and manage in order to have sustainable business success in Asia. 

Today we will talk further about the question: How do you select the right people?