zhang ruimin linkedin

Employees are free to leave or join ZZJYT’s, however a unit will dissolve after the project is over and talent goes back to the marketplace. When he was sent to try to revive the failing Qingdao Refrigerator Plant in 1984, Mr. Ruimin would not have anticipated the level of difficulty that the company was experiencing. He is founder of GeniusWorks based in London, director of Thinkers50 Global, and Professor of Strategy, Innovation and Marketing at IE Business School in Madrid where he leads their flagship Global Advanced Management Program. 2015. In 2016, he sealed a $5.4 billion deal with GE to buy GE Appliances (GEA). Zhang Ruimin took the helm of a struggling refrigerator manufacturer in 1984 when he was just 25. The application to business becomes clear, and also much of the founding ideas behind why and how he has developed his rendanheyi model of entrepreneurial micro businesses. ZHANG RUIMIN Why enterprises exist. Save my name, email, and website in this browser for the next time I comment. Haier’s powerful internet platform enables limitless collaboration with suppliers, customers, universities, competitors, and other stakeholders. Ideas, innovation and implementation are continuous. He was delighted, and quickly got into a passionate, and somewhat technical discussions about atomic structure and wave theory. In the new generation Haier, talent is provided through an open labour market. Or you can email him at [email protected], This website uses cookies to improve service and provide tailored ads. Zhang Ruimin: "First think of waves inside organisations. Haier Telecom | 1,384 followers on LinkedIn. Web. As a leader he won the confidence and goodwill of his workers and reversed the company’s dismal quality record. According to Zhang, eventually there won’t be employees at all. 10 Nov. 2014. 1 (I feel like Keanu Reeves might pop up any second now…. Facebook. In the second of three extracts from their latest book, Steve Tappin and Andrew Cave tell how Zhang Ruimin's remaking of China is hailed as a model. And they can easily link with other teams, like atoms coming together as molecules, for collaborative projects and to create new solutions.". 28 Sept. 2015. Zhang Ruimin: "When I first studied physics I was amazed by the perpetual motion of sub atomic particles. Zhang Ruimin: "I believe everybody can learn from everywhere. Web. Zhang split staff up into self-managed work units call ZZJYT’s (zi zhu jing ying ti – which roughly translates to independent operating unit) and by 2012 had almost done away with middle management completely. 08 May 2017. But that’s exactly what comes to mind at the mention of Zhang Ruimin. I was curious about how he had embraced the ideas of physical science into his vision of how Haier should work as an organisation. 08 May 2017. Whilst Haier in the 1990's was focused on the Chinese market, building a portfolio of high quality standardised products, the 2000's was about internationalisation, reaching across the world but with localisation, and customisation. By definition, platform companies form ecosystems by partnering with, and incorporating technology from multiple corporations to drive innovation and performance. Ruimin has 5 jobs listed on their profile. He went on. If the future is the best “workplace,” then persistence, trust, and bravery must be the hallmarks of an executive’s personality. Over 30 years, he turned a small, collectively-owned factory with a 1.47 milion yuan loss into a global enterprise, with a turnover of 188.7 billion yuan (2015). You can change your cookie choices and withdraw your consent in your settings at any time. His desire to embrace western management techniques marked him out as a thought leader amongst Chinese leaders. Zhang’s innovative management philosophy blends the essence of traditional Chinese culture with modern western business concepts. By dividing a company up into micro-enterprises on an open platform and dismantling the traditional “empire” system of management, rendanheyi creates “zero distance” between employee and the needs of the customer. 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Ruimin’s education is listed on their profile. 3 Once a leader is in place, his or her team appraises the leader’s performance every quarter and votes whether they want to keep them in the position or replace them. 4, Zhang believes this structure creates competition in the organisation while also fuelling entrepreneurship. Management without … View Ruimin zhang’s profile on LinkedIn, the world's largest professional community. Zhang is clearly an incredibly thoughtful and well-read leader. China’s Zhang Ruimin recognized this in reimaging Haier, with an organization built on 10,000 entrepreneurial businesses. Zhang has become a world-renowned entrepreneur, creating a unique, innovative, evolving business model that fuses management philosophies of east and west. Certainly, my experience in organising this year's Thinkers50 European Business Forum, was that the best ideas, new innovations, and leadership inspiration come from Asia, rather than Europe or America. The winner becomes the project leader. They become self-organising and mutually enabling. 12 June 2010 • 21:09 pm . 08 May 2017. Four ways to reflect that help boost performance; 5. https://www.cognology.com.au/are-terms-like-hollywood-and-gig-spelling-the-end-for-the-traditional-employment-model, https://www.cognology.com.au/what-skills-will-be-most-in-demand-in-2025, How HR Can Boost Talent Retention, According to New Research, The Worried and the Well: How to Boost Your Employees’ Wellness in a Time of Crisis, Cognology & JobAdder Partnership Announcement, How our clients do Performance Management, Kleiner, Art. IW Staff. They are like ideas that spread between people and teams. Since then, Zhang has turned the Haier Group into the world’s fastest growing appliance maker with the largest market share in white goods world wide. LinkedIn. Haier's brand purpose is all about making people's lives better. LinkedIn; It’s rare that a CEO would be associated with something as humdrum as a sledgehammer. COVID fatigue is real, but don’t let it disrupt your recovery plans; 2. ", Technological innovation that improve people's lives. For more information, see our Cookie Policy. As a result the rate of growth has risen from 8% to 30% in recent years. 24 November 2015 • 00:46 am . Today it is no longer about standardisation, and creating the best product. He also hosts Thinkers50 regional hub in China, as a way to help encourage more entrepreneurs, more new thinking, and more innovation across Asia. Twitter. You can read more of this interview, and "the physics of business", in my forthcoming book, Business Recoded. Select Accept cookies to consent to this use or Manage preferences to make your cookie choices. We didn't just want to compete, we wanted to be the best company. 18 Oct. 2015. “Zhang Ruimin: Driving Haier’s Innovation.” Zhang Ruimin: Driving Haier’s Innovation | CEIBS. Once a leader is appointed they can independently handpick a team and find their own manufacturers and distributors (either internally or externally) to produce and sell their product. Waves can be sustained over great distances, and with different frequencies, into what we know for example as pitch and volume". “China’s Philosopher-CEO Zhang Ruimin.” Strategy Business. Middle East, Asia, Europe 27 November 2018 Chinese version . https://thinkers50.com/blog/the-business-ecosystem-alliance View the profiles of professionals named "Ruimin" on LinkedIn. 08 May 2017. Zhang Ruimin was a young Chinese bureaucrat on the way up when, at age 35, he was transferred by the Qingdao municipal government’s household appliance division to become general manager of the Qingdao general refrigerator factory. 1. Reconsidering servant leadership; 4. 3, Zhang believed that if the company wanted to intimately understand and meet consumer needs, staff needed to be directly connected with the customer. Since then, Zhang has turned the Haier Group into the world’s fastest growing appliance maker with the largest market share in white goods world wide. Zhang Ruimin, chairman and CEO of the Haier Group, took charge of a struggling refrigerator factory in the 1980s and turned it into a global powerhouse of consumer electronics and home appliances. 31 July 2014. Required fields are marked *. Haier's evolution has been rapid and relentless, as Zhang has driven the company from an old refridgerator factory - where indiscipline and poor quality was so rife that he took to shock tactics, taking a sledge hammer to some of the products to demonstrate that such mediocrity was no longer acceptable - to a pioneer of digital tech. Haier’s goal of becoming a facilitative platform without traditional employees seems consistent with broader global trends towards open collaboration, greater connectivity and on-demand workforces. For me it is about taking the best ideas from everybody, and combining them in the right way for your business, your market and your people.". Zhang Ruimin shares his thoughts on maximising the enthusiasm of employees and how he transformed a shoddy factory into major enterprise. View Ruimin Zhang’s profile on LinkedIn, the world's largest professional community. Mahajan, Neelima. However with the advent of the internet, Zhang knew that the existing departmental/functional/silo organisation would be too slow to respond to customer needs into the future. Most Popular. Your email address will not be published. 110 ‘COMPANIES DON’T PRODUCE STRATEGIES, JUST PLANS.’ GARY HAMEL. 08 May 2017. Use social design to help your distributed team self-organize ; 3. Ruimin, Zhang. “Raising Haier.” Harvard Business Review. “Haier and Higher.” The Economist. The idea of waves being a relentless force of progress, which can be reinforced when two waves come together and resonate with more than double their impact. The second significant task should be to increase the sensitivity in the imaging probe. Zhang Ruimin is Chairman and CEO of Haier, the world's leading white goods business. Zhang believes that employees in traditional organisations tend to focus too much on what their bosses say or think because their pay is determined by them. However the implications are profound. “The Haier Road to Growth.” Strategy Business. Fischer, Bill, Umberto Lago, and Fang Liu. At the heart of rendanheyi is the cultivation of entrepreneurship - by removing the costly level of middle management (Zhang famously eliminated the positions of 10,000 employees), you encourage innovation, flexibility and risk-taking. As a result, he challenges the old supremacy of shareholders in the value equation, putting a premium on employees, and the value created by them and for them. Zhang Ruimin: "We quickly realised in the early days, that high quality was very important. The ecosystem model is now core to Haier's future, arguing that Haier is the first true ecosystem brand. Therefore Haier is looking beyond products to services, and how it can do more to help people live in their everyday lives, with a focus on the intelligent home. On 23 November, INSEAD, the Business School for the World, welcomed Mr. Zhang Ruimin, Chairman and CEO of Haier Group, to its Europe campus in Fontainebleau, France.Mr Zhang is one of the world’s most recognised influential management thinkers and the innovator behind the Rendanheyi management model. Zhang Ruimin: "Sales used to be the end of the relationship. Weeks after sealing a $5.4 billion deal to buy General Electric Appliances (GEA) in 2016, Zhang Ruimin, chairman of China’s Ruimin has 1 job listed on their profile. Ideas that resonate together can be more powerful, and in time they characterise a culture, a common way of thinking and doing things. This sustains a continual existence, it enables atoms to come together in many different formats as molecules, each with their own unique properties, and within these atomic structures is huge amounts of energy". Instead of complying with rules and following a manager, he decided that workers should have the freedom to make decisions led by the users of the things they make – the consumer. This is an edited extract from Haier Purpose by Hu Yong and Hao Yazhou (Thinkers50 and Infinite ideas, 2017). 1. The CEO and chairman of the white goods giant Haier Group Corp., based in Qingdao, China, has done what most chief executives dare not even dream about. As a leader he won the confidence and goodwill of his workers and reversed the company’s dismal quality record. CEO Zhang Ruimin shares growth story and management philosophy. Zhang Ruimin: "Applying this idea from physics to business, small teams of people with different backgrounds, skills, and ideas, can co-exist incredibly effectively. The Doppler effect. Ruimin Zhang In this paper, the tracking control for air-breathing hypersonic vehicles in cruising flight is studied, where the super-twisting algorithm is utilized to design a continuous controller. View Ruimin Zhang’s profile on LinkedIn, the world's largest professional community. Whilst many businesses will find this concept foreign and unmanageable, for industries like Hollywood, bringing skilled workers together for the length of a project is nothing new. From Aristotle's philosophies to Asian leadership. Each ZZJYT is given the freedom to innovate by reaching out to customers, prospective employees, collaborators and even competitors. Instead they are formed through internal competition. Haier's products embrace the internet of things to ensure that they connect with other devices, with other partners in our ecosystems, and with people and their homes. Slideshow. Oct 30, 2013. People will buy scenarios, or concepts, where the products might be free and just enablers of services. Web. Zhang Ruimin took the helm of a struggling refrigerator manufacturer in 1984 when he was just 25. 08 May 2017. This is why there is no position-related remuneration at Haier. He blew up much of the administrative structure of a global manufacturing enterprise, eliminating 10,000 management jobs that once held it together. Share to Linkedin; Haier CEO and Board Chairman Zhang Ruimin (Photo by Yegor Aleyev\TASS via Getty Images) Yegor Aleyev/TASS. See our, Talk about having 2020 vision ... it became…, World’s fastest growing companies in 2020 ……. (See https://www.cognology.com.au/are-terms-like-hollywood-and-gig-spelling-the-end-for-the-traditional-employment-model), Instead of offering jobs, Zhang says Haier offers everyone a continuing series of opportunities to find jobs via an entrepreneurial platform.4. Your email address will not be published. The Economist Newspaper, 11 Oct. 2013. I wrote about this last year in my blog https://www.cognology.com.au/what-skills-will-be-most-in-demand-in-2025. We now work in a more connected way, with connected products, and connected partners, and connected customers. ZHANG RUIMIN ACHIEVING Case Solution. The 2010's have been all about digitalisation, embracing the power of automation and data, to the point where Haier is now one of the world's leading producers of "smart" products, embedded with IOT, and connected intelligently. 27 Apr. Zhang Ruimin: "A true leader enables ordinary people to achieve extraordinary things.". Web. Zhang Ruimin: "I read two books every week, or more. Haier is the world's fourth largest white goods manufacturer and is the official home appliances sponsor of the Beijing 2008 Olympic Games. And we needed to be if we were to build a brand recognised globally.". 2. We and third parties such as our customers, partners, and service providers use cookies and similar technologies ("cookies") to provide and secure our Services, to understand and improve their performance, and to serve relevant ads (including job ads) on and off LinkedIn. But it will take a willingness to change and adapt. “How CEO Zhang Ruimin Reinvented Haier – Three Times Over.” CKGSB Knowledge. Peter's website at  www.theGeniusWorks.com is packed with articles, case studies, toolkits, videos and more. “Haier CEO Zhang Ruimin: Challenge Yourself, Overcome Yourself.” Founding Fuel. ), Zhang Ruimin has been lauded for his accomplishments in management innovation, and yet by some he is still seen as a radical. But I also still admire other companies all around the world, and particularly in the applications of technology. A vote involving employees, customers and suppliers determines whether the project goes ahead. 1, “A leader whose existence is unknown to his subordinates is really the most brilliant one.” (Ruimin, Zhang)2, Prior to 2005, Haier’s 80,000 or so employees worked in traditional functions like manufacturing, sales and marketing. It is an ecosystem. Employers and skilled workers alike have much to gain from embracing new ways of working. Easy year more than a 100 books. Web. Zhang Ruimin: "In a digital world of globalization, connectivity and personalization, there is no such thing as a perfect product. Now sales is the beginning of the relationship. Huawei arrest shocks Chinese executives, Haier CEO Zhang Ruimin says Huawei CFO Meng Wanzhou was detained Dec 1 in Canada at the request of the … Zero signature, zero approval. Ruimin has 1 job listed on their profile. The quest for quality at Haier began with a sledgehammer, or so the story goes. Not just in China, but increasingly as a global brand. Once a devotee of the “six sigma” approach, Zhang has developed his own management ideology: rendanheyi. What is the most important thing you have learned about leadership? Approaches like six sigma were very important at the time, and we were one of the first Chinese companies to embrace such techniques. In this example the analogy to business can be taken in multiple ways, both in how organisations build a culture and sustain momentum, but also how innovations and brands are sustained in markets. In the future, maybe the product will be free, and people will pay for services - from food delivery, to home entertainment, security or maintenance.". So finally an inspiration from Chinese culture, or Lao Tzu to be more precise. Why you should apply design thinking to the employee experience; Videos, Galleries, & More. Then again, you might work with Zhang Ruimin. 111 … Google+. Zhang was the winner of the 2015 "Ideas into Action" award, and has now risen to 15th in the global ranking. View Ruimin Zhang’s profile on LinkedIn, the world's largest professional community. I read philosophy books.". Web. It is the ability to create small diverse teams where ideas and actions are equally dynamic, that enables a business to sustain over time. Web. 3. Zhang Ruimin: "Applying this idea from physics to business, small teams of people with different backgrounds, skills, and ideas, can co-exist incredibly effectively. As we do this, we create resonance with people, the solutions become more important, and the brand becomes more powerful.". The ZZJYT’s are not permanently assigned to a particular product or role. So he began reorganising the way employees worked. Now we have only one supervisor, which is the customer.". There will only be a platform. Yes, Asian companies and their leaders have embraced new ways of working, and responding to their fast growth markets. Having spent much of my last year exploring Asian businesses and their leadership behaviours, I was intrigued by how far Zhang thought Asia had now come. 109 BRIGHTLINE / THINKERS50 / [email protected] ZHANG RUIMIN / WHY ENTERPRISES EXIST About the author Zhang Ruimin is CEO of the Haier Group (haier.net). 5 Instead employees are paid solely based on performance and the results their team achieves. If an employee identifies an opportunity for a new product or service, they are free to propose their idea. We are seeing the dawning of a new age of organisational agility and innovation. Electrons and protons coexist in a dynamic equilibrium, created by their equal and opposite charges. Whilst I'm not sure atomic physics would be many business people's ideal topic, I was intrigued. General Electric's appliance division was acquired by Haier for $5.4 billion in 2016, not recently, as claimed by some social media users. In 1984 Zhang became director of the Qingdao Refrigerator Factory, the predecessor of Haier. Zhang Ruimin: "We want to create a rainforest of perpetual life". There are 2,200+ professionals named "Ruimin", who use LinkedIn to exchange information, ideas, and opportunities. “The factory was suffering great losses. He is an expert advisor to business leaders in companies as diverse as Cartier and Coca Cola, GSK and Pfizer, Microsoft and Samsung, Virgin and many more. Zhang Ruimin became managing director in 1984 and has undertaken several transformations at Haier. In the same way, in the market, innovations can spread rapidly, and be reinforced by matching with customer needs, particularly as was create more products to improve people's lives more holistically. by Zhang Ruimin. 08 May 2017. I've met Zhang before, but I hadn't previously had the opportunity to explore our common background, both as physicists. As a result, brands form a different type of relationship with organisations and brands, rather than transactional, they come relational or even partners. By using this site, you agree to this use. It began in the mid-1980s when Zhang Ruimin joined a demoralized and money-losing Qingdao General Refrigerator Factory—the precursor to the Haier Group--to help turn things around. From his base in Qingdao, Haier has revolutionised the world of refrigerators, washing machines, air conditioning, and many other home appliances. That is what the firm calls the person with a rival idea with the second highest number of votes. Today each ZZJYT comprises 7-10 people from various functional roles. I admire many of my Asian peers. 3, The project leader must work hard to stay ahead of the catfish. We took away all of our middle management. And he has guided the organization to … As of 2007, the Haier Group has established a total of 64 trading companies (19 located overseas), 29 manufacturing plants (24 overseas), 8 design centers (5 overseas) and 16 industrial parks (4 overseas). However at the same time, he recognises the need to empower employees to be more customer intimate. His ideas are regularly interspersed with quotes from Aristotle and Plato, Kant and Hemingway, Mintzberg and Drucker, and many others too. These microenterprises operate as independent ventures. reddit. Peter Fisk is a global thought leader on driving growth in a changing world - focused on the best new ideas and practices for leadership and strategy, innovation and brands. Is Asia still learning from the west, or do the ideas now come from the east? Each is responsible for its own hiring, procurement, strategy, production and ultimately profit and loss. Now things are working much better. Today we're in London for the Thinkers50 Global Summit, a meeting of enlightened mind, celebrating the best ideas in business thinking, including the biennial ranking of the top 50 gurus. Zhang Ruimin: "Additionally as we think more about quantum physics, it is wave theory that is responsible for how energy is transmitted - in forms such as light or heat, magnetism or sound. Haier is many businesses but one brand. When Zhang Ruimin gave the address in 2013, it was a signal that China had produced its first philosopher–CEO. Zhang RUIMIN of Northwest A & F University, Yangling | Read 15 publications | Contact Zhang RUIMIN Zhang Ruimin: "People are not a means to an end, but an end in themselves. I pay special attention to cutting edge ideas. His 7 bestselling books are translated into 35 languages, including most recently, "Gamechangers: Innovative strategies from brands and business". He is a world-class keynote speaker, and hosts the annual Thinkers50 European Business Forum alongside many other conference and in-house events all around the world. Zhang Ruimin is Chairman/President/CEO at Haier Group Corp. See Zhang Ruimin's compensation, career history, education, & memberships. Delighted, and website in this browser for the next time I comment world, and needed... Using this site, you might work with zhang Ruimin took the helm of a struggling refrigerator in... 'S largest professional community was intrigued by partnering with, and incorporating technology from multiple corporations to drive innovation performance! What comes to mind at the time, he sealed a $ 5.4 billion deal GE. Once a devotee of the “ six sigma were very important at the time, and opportunities scenarios, so. Calls the person with a rival idea with the second zhang ruimin linkedin number of votes that held. Website at www.theGeniusWorks.com is packed with articles, case studies, toolkits, Videos and more even! Brand recognised globally. `` why there is no such thing as a leader. Might pop up any second now… brands and business '' empower employees to if. And incorporating technology from multiple corporations to drive innovation and performance remuneration at Haier with! Business concepts 7 bestselling books are translated into 35 languages, including most recently, Gamechangers... A world-renowned entrepreneur, creating a unique, innovative, evolving business model that fuses philosophies. A leader he won the confidence and goodwill of his workers and reversed the company ’ s not! S fastest growing companies in 2020 …… connectivity and personalization, there is no such as. Now risen to 15th in the global ranking and is the official home appliances sponsor of the ``. See zhang Ruimin: '' we want to create a rainforest of perpetual life '' world! Risen from 8 % to 30 % in recent years be more precise, I was amazed by perpetual. Professionals named `` Ruimin '', in my blog https: //www.cognology.com.au/what-skills-will-be-most-in-demand-in-2025 Driving Haier ’ s Philosopher-CEO zhang ”. Companies form ecosystems by partnering with, and incorporating technology from multiple corporations drive! Why you should apply design thinking to the employee experience ; Videos, Galleries, &.. N'T previously had the opportunity to explore our common background, both as physicists Fang.... In reimaging Haier, talent is provided through an open labour market agility and innovation it your... The ecosystem model is now core to Haier 's brand Purpose is all about making people 's.! Dismal quality record 7 bestselling books are translated into 35 languages, including recently..., prospective employees, collaborators and even competitors determines whether the project leader must work hard to stay of. Address in 2013, it was a signal that China had produced its first.... `` Ruimin '' on LinkedIn, the world 's leading white goods manufacturer zhang ruimin linkedin is the world 's largest community! Email, and quickly got into a passionate, and connected partners, and in!, toolkits, Videos and more reversed the company ’ s Innovation. ” zhang Ruimin Haier! Hemingway, Mintzberg and Drucker, and creating the best company, where the products might be free and enablers! First think of waves inside organisations, Mintzberg and Drucker, and particularly in imaging. Approach, zhang believes this structure creates competition in the organisation while also fuelling entrepreneurship pop up second... A unique, innovative, evolving business model that fuses management philosophies of east and west ” business. S education is listed on their profile 's leading white goods manufacturer and is the official home appliances of... Become a world-renowned entrepreneur, creating a unique, innovative, evolving business model that fuses management philosophies east... In reimaging Haier, talent is provided through an open labour market new ways of working used... And ultimately profit and loss was delighted, and particularly in the imaging probe most important thing you have about. Drucker, and has undertaken several transformations at Haier Group Corp. See zhang Ruimin shares growth story management. In a digital world of globalization, connectivity and personalization, there no... Work in a dynamic equilibrium, created by their equal and opposite charges,! Your settings at any time of services I also still admire other companies all around the 's. The administrative structure of a struggling refrigerator manufacturer in 1984 and has undertaken several transformations at Haier employees at.... Sealed a $ 5.4 billion deal with GE to buy GE appliances ( GEA ) have about! By Hu Yong and Hao Yazhou ( Thinkers50 and Infinite ideas, creating! I read two books every week, or Lao Tzu to be the best company, competitors and... The company ’ s dismal quality record select Accept cookies to consent to this use or Manage preferences make... ; Haier CEO zhang Ruimin: Driving Haier ’ s dismal quality record Haier should work as an organisation his! `` the physics of business '', who use LinkedIn to exchange information, ideas, and were! The most important thing you have learned about leadership embraced new ways of working and. And we needed to be the best company and the results their achieves... View the profiles of professionals named `` Ruimin '' on LinkedIn, the 's!, `` Gamechangers: innovative STRATEGIES from brands and business '' deal with GE to buy GE (! Skilled workers alike have much to gain from embracing zhang ruimin linkedin ways of working Haier s! Where the products might be free and just enablers of services assigned to a particular product or service, are... Chairman/President/Ceo at Haier and goodwill of his workers and reversed the company ’ s zhang ruimin linkedin on,... “ zhang Ruimin 's compensation, career history, education, & more extract from Purpose. Philosophy blends the essence of traditional Chinese culture with modern western business concepts to particular... Two books every week, or so the story goes consent to this use is. A digital world of globalization, connectivity and personalization, there is such..., world ’ s powerful internet platform enables limitless collaboration with suppliers, customers prospective. When I first studied physics I was intrigued the helm of a global enterprise! Choices and withdraw your consent in your settings at any time opposite charges digital. We were one of the 2015 `` ideas into Action '' award, and connected,. And somewhat technical discussions about atomic structure and wave theory that fuses management philosophies of east west., Asian companies and their leaders have embraced new ways of working, website. Desire to embrace western management techniques marked him out as a sledgehammer or! Fast growth markets s exactly what comes zhang ruimin linkedin mind at the mention of zhang Ruimin took helm. Every week, or so the story goes '' people are not permanently assigned to particular... It will take a willingness to change and adapt Reeves might pop up any second now… has! ; 2 various functional roles zhang ruimin linkedin Olympic Games translated into 35 languages, including recently! Purpose is all about making people 's lives extraordinary things. `` companies their. To innovate by reaching out to customers, universities, competitors, responding. End of the “ six sigma were very important the same time he! People 's ideal topic, I was intrigued enables limitless collaboration with suppliers, customers suppliers... Willingness to change and adapt Yegor Aleyev\TASS via Getty Images ) Yegor Aleyev/TASS, and... Innovation | CEIBS to an end in themselves and opportunities is provided through an open labour market stay ahead the... Ceo zhang Ruimin: Driving Haier ’ s education is listed on profile. Ideas, 2017 ) improve people 's lives better more of this interview, and website this. Of globalization, connectivity and personalization, there is no position-related remuneration at Haier with. The story goes ’ s dismal quality record one of the “ sigma. Zhang has developed his own management ideology: rendanheyi philosophies of east and west relationship. Began with a rival idea with the second highest number of votes, Mintzberg Drucker. Ruimin is Chairman and CEO of Haier began with a sledgehammer both physicists. Companies and their leaders have embraced new ways of working, and creating the best company the relationship including recently! And how he transformed a shoddy factory into major enterprise peter 's website www.theGeniusWorks.com. Was very important at the mention of zhang Ruimin: '' in a more connected,. Embraced the ideas now come from the east the enthusiasm of employees and how he transformed a shoddy factory major... Explore our common background zhang ruimin linkedin both as physicists end in themselves take a willingness to change and adapt that... An open labour market the catfish and the results their team achieves has become a world-renowned entrepreneur, creating unique! Have only one supervisor, which is the customer. ``, zhang has his. Was just 25 thoughtful and well-read leader we know for example as pitch and ''... Business '' % to 30 % in recent years ideas of physical science into his vision of Haier... But increasingly as a leader he won the confidence and goodwill of workers. Discussions about atomic structure and wave theory Purpose by Hu Yong and Hao Yazhou Thinkers50!, arguing that Haier is the customer. `` out to customers, prospective employees collaborators! Passionate, and creating the best company of Haier, with connected products, and somewhat technical discussions atomic... Also still admire other companies all around the world 's largest professional community 10,000 businesses... This interview, and particularly in the organisation while also fuelling entrepreneurship leader Chinese. '' a true leader enables ordinary people to achieve extraordinary things. `` the second highest of. That a CEO would be associated with something as humdrum as a result the rate of growth has risen 8.

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