Comments on: Now Is Not A Good Time To Screw Up http://calpolymbatrip.com/2007/china/now-is-not-a-good-time-to-screw-up/ The MBA Graduate Program at Cal Poly Fri, 18 May 2012 16:56:24 +0000 http://wordpress.org/?v=2.6.3 By: Chris Carr http://calpolymbatrip.com/2007/china/now-is-not-a-good-time-to-screw-up/#comment-3048 Chris Carr Mon, 10 Dec 2007 16:42:09 +0000 http://calpolymbatrip.com/2007/china/now-is-not-a-good-time-to-screw-up/#comment-3048 The Olympic ticket fiasco in China is a good example of how China is struggling in the services economy sector. But also, it highlights opportunity for those that thrive and can maneuver in said sector. What we take for granted here re: services, has yet to be developed in China in many cases. You would think they would have fully tested this ticket system before they went live, but then again, it is a country of a billion plus people and perhaps even they made a really bad call re: what local demand would be. The Olympic ticket fiasco in China is a good example of how China is struggling in the services economy sector. But also, it highlights opportunity for those that thrive and can maneuver in said sector. What we take for granted here re: services, has yet to be developed in China in many cases.

You would think they would have fully tested this ticket system before they went live, but then again, it is a country of a billion plus people and perhaps even they made a really bad call re: what local demand would be.

]]> By: Eric Kvilhaug http://calpolymbatrip.com/2007/china/now-is-not-a-good-time-to-screw-up/#comment-3037 Eric Kvilhaug Sat, 08 Dec 2007 00:53:15 +0000 http://calpolymbatrip.com/2007/china/now-is-not-a-good-time-to-screw-up/#comment-3037 Scapegoat, i am not sure the chinese word for it but I bet Mr. Rong Jun could probably tell me. That doesn't seem so differrent from home, something goes wrong, find someone in middle management to blame and they're gone. Then its back to business as usual until the enxt guy who probaly did nothing wrong gets the axe for the good of the company. I pose the question, is China ready to be a world power, just because they are doesnt mean they should be? Scapegoat, i am not sure the chinese word for it but I bet Mr. Rong Jun could probably tell me. That doesn’t seem so differrent from home, something goes wrong, find someone in middle management to blame and they’re gone. Then its back to business as usual until the enxt guy who probaly did nothing wrong gets the axe for the good of the company.

I pose the question, is China ready to be a world power, just because they are doesnt mean they should be?

]]> By: Nicholas Miura http://calpolymbatrip.com/2007/china/now-is-not-a-good-time-to-screw-up/#comment-3033 Nicholas Miura Fri, 07 Dec 2007 22:26:29 +0000 http://calpolymbatrip.com/2007/china/now-is-not-a-good-time-to-screw-up/#comment-3033 I agree with Simeon's points that China does not want to lose face in front of the world, and furthermore, that the U.S. and world should care what goes on in China. But what I find even more shocking is perhaps China does not know what's going on in China. If in fact, the original Chinese system was designed to only handle 200,000 sales an hour, and they were flooded by 150,000 orders per second, who made such a large underestimation? All the blame seems to have fallen on Mr. Rong Jun, but he must have had advisors and web-designers, along with analysts and forecasters. How could such a large number slip by all these people without anyone questioning it? I believe it is possible that China itself does not realize how fast it is moving into the 21st century. Because of this, I believe that there is an abundance of profitable business opportunities (such as ticket sales) if you can leverage the right technology. As the Chinese middle class grows, they are going to demand the same luxuries we afford here in the U.S., and hopefully, our service industry (which has catered to the American middle class for a long time) can successfully expand and exploit these new opportunities. I agree with Simeon’s points that China does not want to lose face in front of the world, and furthermore, that the U.S. and world should care what goes on in China. But what I find even more shocking is perhaps China does not know what’s going on in China. If in fact, the original Chinese system was designed to only handle 200,000 sales an hour, and they were flooded by 150,000 orders per second, who made such a large underestimation? All the blame seems to have fallen on Mr. Rong Jun, but he must have had advisors and web-designers, along with analysts and forecasters. How could such a large number slip by all these people without anyone questioning it? I believe it is possible that China itself does not realize how fast it is moving into the 21st century. Because of this, I believe that there is an abundance of profitable business opportunities (such as ticket sales) if you can leverage the right technology. As the Chinese middle class grows, they are going to demand the same luxuries we afford here in the U.S., and hopefully, our service industry (which has catered to the American middle class for a long time) can successfully expand and exploit these new opportunities.

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