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AmCham Shanghai Suzhou Center kindly invites you to join the Suzhou GM Networking: How Vulnerable are Your Operational Processes to Critical Asset Risks, on May 23 (Thursday), from 2:00 to 3:30 pm at W Hotel Suzhou.
Multinational companies operating in China now find the product cycle of their local competitors โ from ideation to market launch โ is getting shorter and more agile. In light of this, many MNCs are trying to increase local development work or bring further IP into the country from globally to stay on top of market changes and maintain competitiveness, making the protection of key assets more important than ever. However, in many cases, internal controls are not keeping up โ over the past few years we have witnessed some stories where internal control deficiencies led to severe consequences extending far beyond the balance sheet. From R&D prototype protection to inventory management to third-party control, foreign companies need to identify and assess vulnerabilities at all points in their operating procedures to mitigate risks.
This sharing session will walk through the typical vulnerabilities in operational processes that can lead to a disaster and introduce how MNCs can establish a robust program that covers both preventative measures as well as response and containment capabilities.
*Note: This event is open only to companies' General Managers and above.