The 'Nine Word Formula' that must be followed for Chinese biomanufacturing to succeed!
Applying this strategy to the modern Chinese biomanufacturing industry can be understood as the need for the industry to strengthen its technological barriers and innovation capabilities (building high walls), accumulate sufficient resources and capabilities (accumulating grain), and maintain a steady pace of development on the international stage in the current fiercely competitive international environment.
It should not rush to compete for short-term leadership positions, but focus on long-term development and sustainable development of the industry.
Building high walls, accumulating abundant grain, and slowly claiming the throne "is a widely quoted governance strategy in Chinese history.
The meaning of this sentence is to establish a strong defense (building high walls), accumulate sufficient food (widely accumulating food), and maintain a low profile in politics. Do not rush to claim the throne (slowly claiming the throne), so as to consolidate your power in turbulent times and gradually expand your influence.
1. High wall construction:
Technology "Wall": The biomanufacturing industry is a highly dependent field on technological innovation.
Building high walls "means that companies need to establish their own competitive advantages in technology, such as building technological barriers through research and development of core technologies, applying for patent protection, and developing new products.
Quality "Wall": Ensuring product quality by improving product reliability and safety through high standard production processes and quality management systems, thereby establishing a "wall" of trust in the minds of consumers.
2. Guangji Grain:
Capital "grain": The biomanufacturing industry requires a large amount of capital investment, including research and development, equipment procurement, market promotion, etc. Guangji Grain "here refers to the need for enterprises to accumulate sufficient capital to support long-term development.
Talent "grain": Talent is the core resource for the development of enterprises. Enterprises need to attract and cultivate professional talents, establish strong R&D teams and management teams.
Data "Grain": Gain a deep understanding of market demand and trends, accumulate market data and product big data, and provide support for product development and sustainable development.
3. Defeating the title of king:
Steady development in the market: In the biomanufacturing industry, blindly pursuing rapid expansion and market share may lead to increased risks, and a steady development strategy should be adopted, focusing on sustainable development and long-term benefits.
Steadily building the brand: gradually establishing and enhancing brand influence, winning market recognition through high-quality products and services, rather than rushing to gain reputation through short-term market behavior.
Humble cooperation internationally: In the context of globalization, through international cooperation and exchange, humbly learn and introduce advanced technology and management experience, while cautiously expanding the international market.
Overall, the strategy of "building walls high, accumulating grain widely, and slowly becoming the king" emphasizes the need for enterprises to lay a solid foundation in technology, capital, talent, and other aspects in the biomanufacturing industry.
At the same time, they should adopt a stable development strategy, focus on long-term planning and sustainable development, in order to achieve steady growth and leadership in the industry.
