By Tian Tao, Wu Chunbo
Huawei used to be based in 1987 by way of ex-military officer Ren Zhengfei and formed as a personal corporation owned through its staff. Its center missions are construction telecommunications networks, delivering operational and consulting companies and gear to firms in and out of China, and production communications units for the shopper market.
The publication by way of Tian Tao and Wu Chunbo is a unprecedented learn attempt, to investigate and describe a truly complicated fact and a really specific entrepreneur. Huawei is a well known corporation one of the such a lot winning and such a lot internationalized in China. This publication bargains insights to Western readers, letting them actually comprehend Huawei, its administration philosophy and tradition, and the certain management ways of Ren Zhengfei.
it's a very worthwhile paintings to appreciate entrepreneurship in our advanced world.
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Extra info for The Huawei Story
If this happens, the organization will eventually lose its force. At a meeting in 2010, Ren Zhengfei proposed: Huawei should and will promote those who turn their sight to their customers and their back to their bosses, and let go anyone who turns their back to their customers while focusing on their leaders. The former are value creators for the company while the latter are just plotting to gain their own individual benefits. Managers at every level of the organization should recognize the value of employees who turn their backs to you.
A group of Executive Master of Business Administration (EMBA) students from the School of Business at Renmin University of China visited Lancaster University in the United Kingdom. They were deeply impressed by the glories of Britain’s industrial history and the current development of the United Kingdom. One of them mentioned Huawei to their British professor. The professor said, Huawei is walking on a road which some famous companies in the world have once travelled. They were glorious once, because they kept fighting their way on the ground of customer centricity.
The technology does not change quickly and the market is not very competitive. In contrast, Alcatel is in a cut-throat market. You cannot predict what will happen the next day or the next month in the telecom market. Ren Zhengfei could not agree more. The quiet and intoxicating air turned heavy and somber. Serge Tchuruk is a widely respected industrialist and investor, and Alcatel was a leading telecom manufacturer at the time. After the 2001 dotcom bubble burst in the United States, Alcatel was considered invincible, as were other European telecom companies such as Ericsson, Nokia, and Siemens.