SmithStreetSolutions
Encyclopedia
SmithStreetSolutions is a Shanghai based professional services
Professional services
Professional services is an industry of infrequent, technical, or unique functions performed by independent contractors or by consultants whose occupation is the rendering of such services....

 company that consults on the Chinese market for western businesses. The company has a delivery center at its Shanghai headquarters and a sales office in New York. Employees number "more than 60" as of October 2010, according to their homepage.

History and competencies

SmithStreet started as a PowerPoint graphics vendor in 2007. They then developed Knowledge Process Outsourcing
Knowledge process outsourcing
Knowledge process outsourcing is a form of outsourcing, in which knowledge-related and information-related work is carried out by workers in a different company or by a subsidiary of the same organization, which may be in the same country or in an offshore location to save cost...

 (KPO) capabilities such as industry and market research. As of October 2010, the firm focuses on consulting
Management consulting
Management consulting indicates both the industry and practice of helping organizations improve their performance primarily through the analysis of existing organizational problems and development of plans for improvement....

 and advisory
Financial adviser
A financial adviser, is a professional who renders financial services to individuals, businesses and governments. This can involve investment advice, which may include pension planning, and/or advice on life insurance and other insurances such as income protection insurance, critical illness...

 services. The CEO Franklin Yao states that "Most U.S. companies do not understand China...We started SmithStreetSolutions to shine a flashlight on it."

In a 2010 interview for Fox Business, Yao describes SmithStreet as a company that helps westerners connect to Chinese consumers and form long-term business relationships in China.

Corporate sponsorships

SmithStreet is a supporter of Shanghai Roots & Shoots, an organization that educated youths about environmental issues and humanitarian values.

In April, 2009, SmithStreetSolutions was a sponsor of the 5th China Institute Executive Summit held in Beijing.

Since 2007, SmithStreetSolutions has been a partner of the Joint US-China Collaboration on Clean Energy (JUCCCE) and has provided them with knowledge support services.

Awards and recognition

2010 Received Outstanding Business Application Prize for Digital Media Merit Award Asia, during DEVNET at World Expo 2010 Shanghai, China

Top 20 global knowledge process outsourcing (KPO) vendor in the 2009 Top Knowledge Process Outsourcing Providers Report published by The Black Book of Outsourcing.

CEO named 2010 Outstanding Entrepreneur by the Overseas Chinese Affairs Office of the Shanghai Municipal People's Government

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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