Heartbeat Preservation Plan

This is a romantic love story about beauty blogger Su Yue and tech company CEO Lu Yi.

They met unexpectedly at a fashion and beauty event, then reunited for a collaboration, gradually falling...

Chapter 172 Collaborative Development and Ecological Construction of Family Enterprises

With refined management showing initial success and core competitiveness gradually strengthening, family businesses are now looking to a broader space for development: collaborative development and ecosystem building. Senior management recognizes that in today's complex and volatile business environment, long-term growth is difficult to achieve alone. Only by establishing close collaborative relationships with all parties and building a mutually beneficial and win-win ecosystem can they remain invincible in the fierce market competition.

1. Deepening internal collaboration

While communication and collaboration between departments within the company have improved thanks to refined management, insufficient coordination still exists. For example, when the R&D department launches a new product, insufficient early communication with the production and sales departments can lead to difficulties in implementing the production process, or the product positioning may be out of sync with market demand.

To strengthen internal collaboration, the company has established a cross-departmental project coordination committee, comprised of department heads, responsible for the overall planning and coordination of major projects. For new product development, multiple departments, including production, sales, and marketing, are brought together from the initial stage of idea generation to ensure that production feasibility and market demand are fully considered from the outset of product design.

At the same time, the company strengthened its information system development, creating an integrated enterprise resource planning (ERP II) platform. This platform not only encompasses traditional modules such as finance, procurement, and production, but also incorporates project management and customer relationship management functions, enabling real-time data sharing and interaction across departments. Through this platform, the production department can gain real-time visibility into sales order status and rationally plan production; the sales department can obtain timely product inventory information and accurately respond to customer delivery dates; and the R&D department can adjust its R&D direction based on market feedback and production data.

However, during the platform's rollout, some employees were unfamiliar with the new system and were not entering data in a standardized manner, which hindered the platform's functionality. To address this, the company organized a series of training courses, invited professional instructors to provide system operation training, and established strict data entry standards and oversight mechanisms to ensure the platform's normal operation.

2. Collaboration between upstream and downstream sectors of the industrial chain

The company actively collaborates with upstream and downstream companies in the industry chain. Upstream, it has established strategic partnerships with raw material suppliers. By sharing production plans and demand forecasts, suppliers can schedule production in advance and ensure a stable supply of raw materials. Furthermore, the company and suppliers collaborate on technological research and development, seeking ways to reduce raw material costs and improve quality. For example, the company collaborated with a key raw material supplier to develop new materials, which not only improved product performance but also reduced raw material procurement costs by 15%.

However, the collaboration also faced challenges. Differences in information systems between the company and its suppliers made data integration difficult, resulting in inaccurate and timely information sharing. The company and its suppliers jointly invested in a data integration platform, enabling seamless integration of their systems and ensuring real-time information exchange.

Downstream, the company is strengthening collaboration with distributors and retailers to jointly expand the market. By providing distributors with marketing support, product training, and other services, they are enhancing their sales capabilities. Furthermore, leveraging frontline market feedback from distributors and retailers, the company is able to more promptly understand evolving consumer demand and adjust product strategies. For example, based on a retailer's feedback regarding product packaging improvements, the company swiftly adjusted the packaging design, resulting in a 10% increase in product sales.

However, some distributors, driven by short-term profits, engaged in practices such as price dumping and cross-selling, impacting market order and brand image. The company has formulated strict market control policies, strengthened supervision and management of distributors, and imposed severe penalties for violations. At the same time, a reasonable pricing system and rebate policy have been established to incentivize distributors to comply with market rules and jointly maintain market order.

3. Cross-border collaboration and ecosystem construction

To expand their business boundaries, companies are actively exploring cross-sector collaboration opportunities. By participating in industry exhibitions, seminars, and other events, they are establishing connections with companies across different industries and identifying areas for collaboration. For example, recognizing the rapid growth of the smart home market, a company partnered with a smart hardware company, integrating its own products with the hardware to develop new products with intelligent control capabilities. This expanded product applications and attracted more young consumers.

Cultural differences are a crucial issue in cross-border collaboration. Companies in different industries often differ significantly in management styles, work methods, and values, which can easily lead to communication barriers and conflicts during collaboration. Before any collaboration begins, companies organize cultural exchange activities between both teams to enhance mutual understanding and trust. Throughout the collaborative project, they establish flexible communication mechanisms that respect cultural differences and promptly resolve any issues that arise.

Furthermore, companies actively participate in activities organized by industry associations, working with peers to develop industry standards and promote self-regulation. By participating in the development of the industry ecosystem, they enhance their voice and influence within the industry. Furthermore, they prioritize social responsibility and collaborate with environmental organizations and public welfare institutions to promote sustainable development. For example, they collaborate with environmental organizations to implement environmentally friendly product packaging upgrades, reducing the environmental impact of packaging waste and enhancing their social image.

IV. New Challenges and Response Strategies

As collaborative development and ecosystem building continue to advance, companies are also facing new challenges. For one thing, the increasing number of partners makes managing partnerships more difficult. Different partners have varying interests and development strategies, balancing the interests of all parties and ensuring the long-term stability of cooperation is a challenge that companies must address. Companies have established dedicated partnership management departments to oversee communication and coordination with all partners, regularly evaluate the effectiveness of collaboration, and promptly adjust cooperation strategies. By establishing fair and reasonable profit distribution and risk-sharing mechanisms, they safeguard the legitimate rights and interests of all parties and promote the long-term stability of partnerships.

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