'10 Minute Tip' by Junita Fernandez
Junita Fernandez is an accomplished Finance and HR Board Director with a passion for driving business growth through financial insight, high-performing teams and technology. With over 20 years of experience in the automotive sector, Junita has held senior leadership roles with Volkswagen Group UK and Suzuki UK and recently completed a three-year contract with SAIC-Volkswagen in Shanghai, China.
During her time in Shanghai, Junita witnessed first-hand how businesses of all sizes from multinational corporations to small local enterprises in hospitality, home services, and healthcare adapted to rapidly shifting economic, political and consumer trends. Junita’s experience taught her invaluable lessons while highlighting the distinct contrasts between UK and Chinese approaches to business management.
Junita’s commercial expertise and cross-cultural insights makes her an inspiring voice for leaders seeking strategies to adapt, innovate, and thrive in today’s dynamic business environment.
Junita works really well with business owners, Managing Directors, HR and Finance leaders. She believes her approach will be successful for companies up to 200 staff. Lastly, if your business has suppliers or customers in China, this approach would be really useful.Junita is also a Mentor for Global Women Connect and is a Board Trustee on The Parks Trust Milton Keynes
About the conversation:
Growing Your Business: Lessons from China’s Success Stories
The 4 Key lessons:
Be customer focussed
Examples of Drunken Baker, Meituan. Focus on delivering convenience, personal touch and seamless experience across digital and physical channels.
Use Technology
Embedded in their DNA . Examples of BYD, Pinduoduo. Technology needs to be core of any growth strategy.
Adapt with speed
Rapid rise of ecommerce platforms like Alibaba and JD.com after pandemic. Examples of live stream shopping to engage customers in real time. Test and learn approach is used to grow at speed.
Collaborate
Businesses in China have grown not just by competing but by collaborating. Example of Tencent. Use opportunities to collaborate with suppliers, customers or even competitors to grow.
Junita will relate the above 4 points to ideas for you to grow your businesses.