Thursday, November 13, 2014

How to Build a High-Performing and Truly Entrepreneurial Global Business

Ever heard of organizing a company around a conceptual framework?  That's the way Haier's leader, China philosopher-CEO Zhang Ruimin, describes how he built a winning global company by continually reframing his management philosophy.  Haier is the world's fastest-growing appliance maker.  Other things Haier excels at:

"... the largest market share in “white goods” worldwide—about 14 percent of a market with at least seven other major competitors. It is also a world leader in business innovation and one of the largest non-state-owned enterprises in China."

Art Kleiner, Editor in Chief of strategy+business writes a wonderful spread on Zhang and his success tips for running Haier.  Before we get to it, the following statement encapsulates how Zhang pulled off leading a high-performing and truly entrepreneurial global business:
Zhang has steadily initiated shifts in the company’s structure, moving consistently toward participative management, decentralized decision making, and autonomous but accountable work teams and platforms. 
Read the entire article:  China's Philosopher - CEO Zhang Ruimin


Jrafi Canada said...

An instructive post. People to really know who they want to reach and why or else, they'll have no way to know what they're trying to achieve. People need to hear this and have it drilled in their brains..
Thanks for sharing this great article.
check for SR & ED, consultants

Alphasoar said...

This post is enlightening. its just an eye opener. Thanks a lot!