How could the most famous Chinese hotpot restaurant survive in the US?

 

Hai Di Lao, the most renowned hotpot restaurant in China, is a tech-savvy and highly customer-oriented enterprise. This hotpot chain born in Sichuan, with 75 branches in China and Singapore, has just launched its first US location in Arcadia this fall.

Hai Di Lao’s success in China mainly due to its meticulous customers services which go beyond the service that a normal restaurant provide. When waiting for tables, customers can play board games, use the Internet, eat unlimited snacks, or even get a manicure and shoeshine. Moreover, when having food, Diners can watch shows performed by “noodle masters”. And diners are provided hair ties and eyeglass wipes to clean off steamy lenses.

 

This service concept works pretty well in China while it does not seem suitable for the US market.  From Americans ‘views, doing manicure in a restaurant is considered improper and keeping asking customers’ demands is uncomfortable. Even worse, there is no English menu and English operator in the restaurant.

Hai Di Lao exceeds its competitors in providing extraordinary services. However, what it should do is to make itself localized in the US market by repositioning and creating a new frame and strategy. To transit from national to international, Hai Di Lao should better take into consideration the culture difference and broaden its horizon.

 

 

Resource: http://online.wsj.com/article/SB10001424127887324767004578485361216000412.html

Business Ethics

Corporate social responsibility, to a large degree, determines whether an enterprise is successful or not. It is not sorely up to the amount of profits that a business makes, but also looks at its responsibility for the stockholders, employees and consumers. This concept should be extended from market mechanism to political mechanism, as it deals with the civil and ethic problems.

 

Let’s take a Chinese company Foxconn as an example.

http://www.nytimes.com/2010/05/22/technology/22suicide.html

https://www.youtube.com/watch?v=Jk-xqPKOxl4

 

Foxconn is the world’s biggest contract electronics maker and a major supplier to Apple and other companies. But recently, the scandal in Foxconn reminds all the enterprises to take into consideration the importance of corporate social responsibility and the contribution to the society. Though Foxconn does not commit that the work overload and pressure it imposes on employees, the increasing suicide rate and riots reveal that there are an array of ethic problems hiding in Foxconn. Consequently, from one side, some consumers and stockholders rethink of this company and probably divestment. Unavoidably, Foxconn loses profits. From the other side, the exposed scandal protects employees’ further career life. So, for sake of the long run corporate development and the social harmony, companies should definitely make profits without hurting other stakeholders.