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

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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