The practices of strategy and budgeting are often confused and completed out of sequence. In essence, strategic thinking is focused on how we wish to position the organization in the future - our purpose, in which markets we wish to play and how we plan to be successful in these markets. Budgeting, on the other hand, is the process by which we allocate resources in order to achieve this strategy
As can be seen, the sequence is important. It makes sense to decide what you plan to do before allocating resources in oder to do so.
The other important factor here is to be clear why you are in business - the purpose of business. The purpose is NOT to make a profit. The purpose is to meet the needs and add value to your customers. If you do this well, you will make a profit. Profit, therefore, is the OUTCOME of business, not the purpose.
Is this an important distinction? We believe it is. Because it focuses the attention of the business on the critical drivers of profitability, rather than just the outcome.

• 2019-10-15 | 15:30 - 18:00
• European Chamber Shanghai Office

The European Union Chamber of Commerce in China is pleased to invite you to an event where we bring together sustainability and environmental voices to discuss practical and innovative solutions to tackle the growing plastic pollution crisis. Join us and take part in a seminar with different stakeholders from the supply chain, where speakers will share their views on the plastic circular economy and how businesses can reduce their plastic consumption, find a more sustainable alternative of bio-based materials and create a more circular economy throughout the supply chain.

• 2019-10-15 | 08:30 - 10:55
• European Chamber Shanghai Office, Unit 2204

This celebration called Oktoberfest since 1810 with german beers, food and live music entertainment, leading on a global scale and eventually transforming into the biggest and largest beer festival of the world.

• 2019-10-14 - 2019-10-20 | 18:00 - 23:00
• LN Garden Hotel 花园酒店

The Canadian International School of Guangzhou is proud to announce our first annual University Fair. The event will seek to educate our students and school community on some of the post-secondary opportunities that await them after graduation.

广州加拿大国际学校即将举办首次大学咨询会！活动旨在为同学们和社区成员提供机会，了解高中毕业后高等教育的选择，如何把握升学良机。

• 2019-09-25 | 14:30 - 16:00
• Canadian International School of Guangzhou

The European Union Chamber of Commerce in China is delighted to welcome you to a session were Ph.D. Eveline Goodman and Ms. Mira Lioleva will challenge your idea of talent development utilizing the methods of neuroscience and the "Action Control" scientific model to enhance your brains from intention to action.

• 2019-09-25 | 15:00 - 17:30
• European Chamber Shanghai Office, Unit 2204

Please join the European Chamber to discuss this issue, along with over 800 detailed recommendations for the Chinese authorities, at the launch of its annual European Business in China Position Paper, on 24th September, in Shanghai.

• 2019-09-24 | 16:00 - 18:00
• The Westin Bund Center Shanghai

CFO Roundtable: A Dive into Risk Assessment in China

• 2019-09-24 - 2019-09-24 | 09:00 - 11:00
• MAZARS

随着人工智能、大数据等新技术的发展，智能制造已成为制造业企业的主要发力方向。而数字化工厂作为迈向智能工厂的基础，能够迅速根据客户需求定制产品，快速应对不断变化的需求和趋势。尽管现阶段数字化工厂的实现仍处于初始阶段，但这并不妨碍我们通过了解一些在数字化发展前沿的制造业公司案例，发现转型过程中存在的问题和数字化转型后工厂所拥有的潜在优势。 Given the quickening development of high technologies such as artificial intelligence and big data, intelligent manufacturing has become a main focus for growing manufacturing enterprises. Intelligent factories can quickly customize products according to customer demand, quicken response time to changing needs and trends, and lead to a comprehensive increase in factory performance. Despite the fact that this Andritz factory is still in its initial stages, this in no way hinders how we can use it as an example of the vast frontier of digital factories, and discover the potential strengths and weaknesses of the digitization process.

• 2019-09-19 | 09:00 - 17:00
• Andritz China Headquarters, Building No.13 Conference Room

China’s much-anticipated Cyber Security Law (CSL) finally came into effect on 1st June, 2017. While technology companies have long felt pressure stemming from China’s national security concerns, the CSL actually impacts a wide swath of industries.

• 2019-09-19 | 18:30 - 20:30
• Sheraton Changzhou Xinbei Hotel 常州富力喜来登酒店

The European Union Chamber of Commerce in South China is pleased to invite you to a seminar where the European Chamber of Commerce Vietnam, JLL Vietnam, DEEP C Industrial Zones and Dezan Shira & AssociateVietnam will give you an overview of how companies can benefit from the EVFTA and how complementing Chinese operations with production in Vietnam can benefit your business on 18th September 2019 in Shenzhen.

• 2019-09-18 | 14:00 - 17:00
• 19/F, Tower Three, Kerry Plaza