The inspirational business story of Huawei: how to go from start up to world leader in two decades...
With over 170,000 employees in more than 170 countries and regions, serving more than one-third of the world′s population, how does entrepreneur Ren Zhengfei manage a telcoms giant called Huawei? What is the secret to Huawei’s global success?
In 1987, a 44-year-old man founded a telecom equipment-trading firm in Shenzhen, China, with start-up capital of $5,000. In 29 years, it grew to become the largest telecoms company in the world.
This book goes behind the scenes to explore the story of what Ren Zhengfei did differently, how the company he started reached the top spot, and why Huawei is known as a "collective" and not a private company:
14 years of meticulous research and 136 senior management and employee interviews reveal how Huawei′s international business success lies in its ability to transform the intellectual elite into a band of soldiers with the same set of values and resolve, while at the same time preventing a culture of subservience.
This fascinating story provides a unique glimpse into the machinations of one of the world’s most powerful companies.
"The company serves as an example for many Chinese entrepreneurs striving to go global, and also presents valuable lessons for Western companies striving to integrate Eastern and Western values and ways of looking at business." - Co-author David De Cremer, KPMG Professor of Management Studies at Cambridge Judge Business School
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Tian Tao is a member of the Huawei International Advisory Council and codirector of Ruihua Innovative Research Institute at Zhejiang University, Hangzhou, China. In 1991, Tao founded Top Capital, the first Chinese magazine on private equity investment, and has served as its editor-inchief since then. He worked as a publisher of Popular Science (Chinese edition) from 1995 to 1997. In the past 20 years, Tao has started a number of businesses in advertising, publishing, and the media industry. He also cofounded two IT companies, Beijing Umessage Information Technology Co. and Hillstone Networks Co. Tao is a lover of several sports, including swimming and golf.
"Over the course of the last quarter century, Huawei has become one of the most important telecommunications companies in the world and, arguably, one of the most powerful Chinese companies in the global economy. Yet, there is much that is not known about Huawei and much that is misunderstood. As the foremost authority on Huawei in the world, Tian Tao brings deep knowledge and unprecedented access to help pull back the veil on one of the world’s most enigmatic companies. This book will be essential reading for politicians, pundits, and anyone interested in gaining a deeper understanding of this important company."
Author: Dr Doug Guthrie Source: Professor and Former Dean at the George Washington School of Business and Author of Dragon in a Three-piece Suit: The Emergence of Capitalism in China"This book offers insights to readers, allowing them to truly understand Huawei, its management philosophy and culture, and the special leadership approaches of Ren Zhengfei."
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