April 25, 2024

China’s 24-hour R&D Machine

On this episode of the Gross Profit Podcast, James Kennedy sits down with Dr. Jens Wilhelm Meyer, Commercial Plant Manager at VHIT – Vacuum Hydraulics Italy. They delve into the fascinating and often complex experiences of being acquired by a Chinese company.
The Gross Profit Podcast
The Gross Profit Podcast
China's 24-hour R&D Machine
Loading
/

Show Notes

Show Notes

This week James Kennedy meets Dr. Jens Wilhelm Meyer, Commercial Plant Manager at VHIT – Vacuum Hydraulics Italy. They delve into the fascinating and often complex experiences of being acquired by a Chinese company.

Jens, with a profound 25-year tenure in the automotive and mobility sector, shares his invaluable insights into Chinese business culture and essential strategies for gaining a competitive edge. Having navigated the challenges and opportunities of cross-cultural business following VHIT’s acquisition, Jens’s experiences offer a rare glimpse into the mechanics of international corporate integration.

What You’ll Learn:

  • Understanding Chinese Business Culture: Insights into the unique aspects of Chinese corporate practices and how they influence global business strategies.
  • Navigating Cross-Cultural Acquisitions: Practical advice on managing and thriving in a business environment shaped by diverse cultural and operational norms.
  • Strategic Advantages in Global Markets: How to leverage international opportunities to foster growth and innovation in your own business.

Episode Highlights:

  • “Jens, could you walk us through the initial phases of integration after VHIT was acquired? What were the key challenges and how were they addressed?”
  • “In your extensive career, how have you seen Chinese business practices evolve, and what current trends should global businesses be aware of?”
  • “What strategies have proven most effective for you in maintaining operational excellence across different cultural contexts?”
  • “Looking forward, how do you see the role of international collaborations shaping the future of the mobility sector?”

About Dr. Jens Wilhelm Meyer: Dr. Meyer is not only the Commercial Plant Manager at VHIT S.P.A. but also a member of the Board of Directors. His career spans significant roles, including a postgraduate assistant professorship at the University of St.Gallen and leading the task force for Brexit for Bosch’s mobility sector. His expertise in strategy, innovation, and cross-cultural leadership has been pivotal in steering VHIT through its post-acquisition phase and beyond.

This podcast is tagged under:

The Gross Profit Podcast

More Episodes

Merushka Chetty

Hillel Steiner – This Israeli CFO Secret Could Double Your Profits

This week James sits down with Hillel Steiner, founder of ProfitUp Financials and a fractional CFO based in Israel, to discuss the surprising advantages of working with international finance talent. Together, they dive into the differences between U.S. and Israeli business cultures, what founders often get wrong about funding, and how having a strong financial strategy can be the difference between staying stuck and scaling up.
Hillel also walks through a real-life case study of a BI company stuck in a high-revenue, low-profit cycle – and how he helped them transform by refocusing their service model and aligning their team more efficiently.
Stick around to the end for a massive bonus offer from Hillel that’s perfect for growing service-based companies.

Listen Now »
Merushka Chetty

Patrick Arnold – 7M Sales, Zero Profit: The Fix 

This week James sits down with Patrick Arnold, Director of Client Advisory Services at Elliott Davis, to explore the power of Client Advisory Services (CAS) and its game-changing impact on business profitability. Patrick shares an engaging case study of how he helped a golf cart business in South Carolina go from stagnant growth to seven-figure annual distributions – all by optimizing inventory, restructuring financial processes, and leveraging technology for smarter decision-making.
They also dive into the role of CAS in modern accounting, the evolution of public accounting firms to include more strategic, forward-thinking advisory, and how business owners can unlock hidden cash flow by better managing working capital.

Listen Now »
Merushka Chetty

Chris May – Fake CFOs Exposed: How to Spot the Difference

This week James sits down with Chris May, founder and CEO of Quadrant Advisory, to explore what separates real CFO strategy from everyday accounting. From turning around a $50M political consulting firm to navigating tricky incumbent finance teams, Chris shares practical advice for business leaders and fractional CFOs alike.
Together, they unpack key finance tools like sensitivity analysis, working capital management, and how to tell whether your books are just “done” – or actually useful. Chris also walks us through his own acquisition of a bookkeeping SaaS and what it taught him about keeping services laser-focused.

Listen Now »