Why you should apply design thinking to the employee experience; Videos, Galleries, & More. Zhang Ruimin: "We quickly realised in the early days, that high quality was very important. Zhang is clearly an incredibly thoughtful and well-read leader. 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. However the implications are profound. Zhang has become a world-renowned entrepreneur, creating a unique, innovative, evolving business model that fuses management philosophies of east and west. 08 May 2017. If an employee identifies an opportunity for a new product or service, they are free to propose their idea. But that’s exactly what comes to mind at the mention of Zhang Ruimin. Web. The ZZJYT’s are not permanently assigned to a particular product or role. Employers and skilled workers alike have much to gain from embracing new ways of working. From Aristotle's philosophies to Asian leadership. 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. Save my name, email, and website in this browser for the next time I comment. Or you can email him at peterfisk@peterfisk.com, This website uses cookies to improve service and provide tailored ads. Web. 111 … Zhang Ruimin: "I believe everybody can learn from everywhere. “Haier and Higher.” The Economist. We are seeing the dawning of a new age of organisational agility and innovation. Ruimin has 1 job listed on their profile. His ideas are regularly interspersed with quotes from Aristotle and Plato, Kant and Hemingway, Mintzberg and Drucker, and many others too. People will buy scenarios, or concepts, where the products might be free and just enablers of services. 12 June 2010 • 21:09 pm . 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 … 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. This is an edited extract from Haier Purpose by Hu Yong and Hao Yazhou (Thinkers50 and Infinite ideas, 2017). But I also still admire other companies all around the world, and particularly in the applications of technology. “Raising Haier.” Harvard Business Review. We now work in a more connected way, with connected products, and connected partners, and connected customers. Yes, Asian companies and their leaders have embraced new ways of working, and responding to their fast growth markets. I admire many of my Asian peers. 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. ", Technological innovation that improve people's lives. It is the ability to create small diverse teams where ideas and actions are equally dynamic, that enables a business to sustain over time. Zhang Ruimin is Chairman and CEO of Haier, the world's leading white goods business. “China’s Philosopher-CEO Zhang Ruimin.” Strategy Business. Slideshow. In the new generation Haier, talent is provided through an open labour market. Today it is no longer about standardisation, and creating the best product. Required fields are marked *. Peter's website at www.theGeniusWorks.com is packed with articles, case studies, toolkits, videos and more. Waves can be sustained over great distances, and with different frequencies, into what we know for example as pitch and volume". They become self-organising and mutually enabling. 08 May 2017. Zhang RUIMIN of Northwest A & F University, Yangling | Read 15 publications | Contact Zhang RUIMIN https://thinkers50.com/blog/the-business-ecosystem-alliance Zhang Ruimin took the helm of a struggling refrigerator manufacturer in 1984 when he was just 25. “The Haier Road to Growth.” Strategy Business. Not just in China, but increasingly as a global brand. 18 Oct. 2015. 08 May 2017. 3, Zhang believed that if the company wanted to intimately understand and meet consumer needs, staff needed to be directly connected with the customer. I've met Zhang before, but I hadn't previously had the opportunity to explore our common background, both as physicists. 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). Web. Zhang Ruimin: "Applying this idea from physics to business, small teams of people with different backgrounds, skills, and ideas, can co-exist incredibly effectively. 110 ‘COMPANIES DON’T PRODUCE STRATEGIES, JUST PLANS.’ GARY HAMEL. Zhang was the winner of the 2015 "Ideas into Action" award, and has now risen to 15th in the global ranking. Haier is the world's fourth largest white goods manufacturer and is the official home appliances sponsor of the Beijing 2008 Olympic Games. We took away all of our middle management. 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. However at the same time, he recognises the need to empower employees to be more customer intimate. Ruimin, Zhang. Ruimin’s education is listed on their profile. Then again, you might work with Zhang Ruimin. Is Asia still learning from the west, or do the ideas now come from the east? 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 ACHIEVING Case Solution. 4, Zhang believes this structure creates competition in the organisation while also fuelling entrepreneurship. The second significant task should be to increase the sensitivity in the imaging probe. Now sales is the beginning of the relationship. Now we have only one supervisor, which is the customer.". 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. 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. View Ruimin Zhang’s profile on LinkedIn, the world's largest professional community. Haier Telecom | 1,384 followers on LinkedIn. But it will take a willingness to change and adapt. See our, Talk about having 2020 vision ... it became…, World’s fastest growing companies in 2020 ……. Facebook. 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. What is the most important thing you have learned about leadership? Web. I read philosophy books.". 109 BRIGHTLINE / THINKERS50 / [email protected] ZHANG RUIMIN / WHY ENTERPRISES EXIST About the author Zhang Ruimin is CEO of the Haier Group (haier.net). 08 May 2017. 28 Sept. 2015. In 2016, he sealed a $5.4 billion deal with GE to buy GE Appliances (GEA). View the profiles of professionals named "Ruimin" on LinkedIn. Web. For more information, see our Cookie Policy. And they can easily link with other teams, like atoms coming together as molecules, for collaborative projects and to create new solutions.". So he began reorganising the way employees worked. 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. As a leader he won the confidence and goodwill of his workers and reversed the company’s dismal quality record. reddit. 08 May 2017. 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The winner becomes the project leader. Web. We didn't just want to compete, we wanted to be the best company. 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. Most Popular. View Ruimin Zhang’s profile on LinkedIn, the world's largest professional community. You can change your cookie choices and withdraw your consent in your settings at any time. 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. The Doppler effect. Each is responsible for its own hiring, procurement, strategy, production and ultimately profit and loss. As a result, brands form a different type of relationship with organisations and brands, rather than transactional, they come relational or even partners. 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. I was curious about how he had embraced the ideas of physical science into his vision of how Haier should work as an organisation. ), Zhang Ruimin has been lauded for his accomplishments in management innovation, and yet by some he is still seen as a radical. “Zhang Ruimin: Driving Haier’s Innovation.” Zhang Ruimin: Driving Haier’s Innovation | CEIBS. CEO Zhang Ruimin shares growth story and management philosophy. There will only be a platform. LinkedIn; It’s rare that a CEO would be associated with something as humdrum as a sledgehammer. Haier is many businesses but one brand. As a result the rate of growth has risen from 8% to 30% in recent years. 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. 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. When Zhang Ruimin gave the address in 2013, it was a signal that China had produced its first philosopher–CEO. 2. 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. 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. 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. From his base in Qingdao, Haier has revolutionised the world of refrigerators, washing machines, air conditioning, and many other home appliances. 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. Ruimin has 5 jobs listed on their profile. 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. 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. If the future is the best “workplace,” then persistence, trust, and bravery must be the hallmarks of an executive’s personality. 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.". 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. As we do this, we create resonance with people, the solutions become more important, and the brand becomes more powerful.". Management without … In 1984 Zhang became director of the Qingdao Refrigerator Factory, the predecessor of Haier. General Electric's appliance division was acquired by Haier for $5.4 billion in 2016, not recently, as claimed by some social media users. Whilst I'm not sure atomic physics would be many business people's ideal topic, I was intrigued. You can read more of this interview, and "the physics of business", in my forthcoming book, Business Recoded. Zhang Ruimin: "I read two books every week, or more. 10 Nov. 2014. Zhang Ruimin: "A true leader enables ordinary people to achieve extraordinary things.". Electrons and protons coexist in a dynamic equilibrium, created by their equal and opposite charges. IW Staff. Your email address will not be published. Instead they are formed through internal competition. Haier’s powerful internet platform enables limitless collaboration with suppliers, customers, universities, competitors, and other stakeholders. 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. Zhang Ruimin: "In a digital world of globalization, connectivity and personalization, there is no such thing as a perfect product. 31 July 2014. 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. 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. Zhang’s innovative management philosophy blends the essence of traditional Chinese culture with modern western business concepts. 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. Zhang Ruimin: "Applying this idea from physics to business, small teams of people with different backgrounds, skills, and ideas, can co-exist incredibly effectively. There are 2,200+ professionals named "Ruimin", who use LinkedIn to exchange information, ideas, and opportunities. It is an ecosystem. 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. Middle East, Asia, Europe 27 November 2018 Chinese version . 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. 2015. 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. 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. The Economist Newspaper, 11 Oct. 2013. (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. Share to Linkedin; Haier CEO and Board Chairman Zhang Ruimin (Photo by Yegor Aleyev\TASS via Getty Images) Yegor Aleyev/TASS. Web. 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. 3. By definition, platform companies form ecosystems by partnering with, and incorporating technology from multiple corporations to drive innovation and performance. 1 (I feel like Keanu Reeves might pop up any second now…. ZHANG RUIMIN Why enterprises exist. Select Accept cookies to consent to this use or Manage preferences to make your cookie choices. Ideas, innovation and implementation are continuous. 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). Zhang Ruimin is Chairman/President/CEO at Haier Group Corp. See Zhang Ruimin's compensation, career history, education, & memberships. View Ruimin Zhang’s profile on LinkedIn, the world's largest professional community. And we needed to be if we were to build a brand recognised globally.". 27 Apr. Zhang Ruimin: "Sales used to be the end of the relationship. 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. Zhang Ruimin took the helm of a struggling refrigerator manufacturer in 1984 when he was just 25. Easy year more than a 100 books. “The factory was suffering great losses. Zhang Ruimin: "People are not a means to an end, but an end in themselves. Weeks after sealing a $5.4 billion deal to buy General Electric Appliances (GEA) in 2016, Zhang Ruimin, chairman of China’s 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. 1. 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. Once a devotee of the “six sigma” approach, Zhang has developed his own management ideology: rendanheyi. Reconsidering servant leadership; 4. As a leader he won the confidence and goodwill of his workers and reversed the company’s dismal quality record. 08 May 2017. So finally an inspiration from Chinese culture, or Lao Tzu to be more precise. He went on. Now things are working much better. Your email address will not be published. Zhang Ruimin: "When I first studied physics I was amazed by the perpetual motion of sub atomic particles. 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. Today each ZZJYT comprises 7-10 people from various functional roles. by Zhang Ruimin. LinkedIn. That is what the firm calls the person with a rival idea with the second highest number of votes. 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. 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". Four ways to reflect that help boost performance; 5. He was delighted, and quickly got into a passionate, and somewhat technical discussions about atomic structure and wave theory. The quest for quality at Haier began with a sledgehammer, or so the story goes. China’s Zhang Ruimin recognized this in reimaging Haier, with an organization built on 10,000 entrepreneurial businesses. 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. “How CEO Zhang Ruimin Reinvented Haier – Three Times Over.” CKGSB Knowledge. Twitter. He also hosts Thinkers50 regional hub in China, as a way to help encourage more entrepreneurs, more new thinking, and more innovation across Asia. According to Zhang, eventually there won’t be employees at all. 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. I pay special attention to cutting edge ideas. 3, The project leader must work hard to stay ahead of the catfish. I wrote about this last year in my blog https://www.cognology.com.au/what-skills-will-be-most-in-demand-in-2025. 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. 08 May 2017. His 7 bestselling books are translated into 35 languages, including most recently, "Gamechangers: Innovative strategies from brands and business". 1. In the future, maybe the product will be free, and people will pay for services - from food delivery, to home entertainment, security or maintenance.". By using this site, you agree to this use. Approaches like six sigma were very important at the time, and we were one of the first Chinese companies to embrace such techniques. 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. A vote involving employees, customers and suppliers determines whether the project goes ahead. “Haier CEO Zhang Ruimin: Challenge Yourself, Overcome Yourself.” Founding Fuel. The ecosystem model is now core to Haier's future, arguing that Haier is the first true ecosystem brand. Oct 30, 2013. 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. Google+. Zero signature, zero approval. They are like ideas that spread between people and teams. COVID fatigue is real, but don’t let it disrupt your recovery plans; 2. Zhang Ruimin: "We want to create a rainforest of perpetual life". 5 Instead employees are paid solely based on performance and the results their team achieves. Each ZZJYT is given the freedom to innovate by reaching out to customers, prospective employees, collaborators and even competitors. Use social design to help your distributed team self-organize ; 3. 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. His desire to embrace western management techniques marked him out as a thought leader amongst Chinese leaders. Zhang Ruimin became managing director in 1984 and has undertaken several transformations at Haier. And he has guided the organization to … Fischer, Bill, Umberto Lago, and Fang Liu. 24 November 2015 • 00:46 am . Zhang Ruimin shares his thoughts on maximising the enthusiasm of employees and how he transformed a shoddy factory into major enterprise. Mahajan, Neelima. Haier's brand purpose is all about making people's lives better. 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: "First think of waves inside organisations. 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. These microenterprises operate as independent ventures. View Ruimin zhang ’ s fastest growing companies in 2020 …… that people... Manufacturer in 1984 when he was delighted, and connected customers first true ecosystem brand of. Performance and the results their team achieves opposite charges to Growth. ” Strategy business customers, universities, competitors and... Entrepreneur, creating a unique, innovative, evolving business model that fuses management philosophies of east and.! His 7 bestselling books are translated into 35 languages, including most recently, Gamechangers. It together of waves inside organisations interview, and has undertaken several transformations Haier! Feel like Keanu Reeves might pop up any second now… the same time, he a! What is the first Chinese companies to embrace such techniques improve service and provide tailored ads associated something... Once held it together fastest growing companies in 2020 …… leader he won the confidence and goodwill of his and. Ruimin is Chairman/President/CEO at Haier it will take a willingness to change and adapt out customers... To create a rainforest of perpetual life '' is now core to Haier brand. With quotes from Aristotle and Plato, Kant and Hemingway, Mintzberg and Drucker and. 2,200+ professionals named `` Ruimin '' on LinkedIn, the project leader must hard! 10,000 entrepreneurial businesses goods business other companies all around the world 's largest community! Your distributed team self-organize ; 3 Instead employees are paid solely based on performance and the results team... A particular product or service, they are free to propose their idea arguing that Haier is the official appliances. 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Ideas into Action '' award, and incorporating technology from multiple corporations to drive innovation and performance 3! ’ s are not zhang ruimin linkedin means to an end, but increasingly as a thought leader amongst leaders! '' I read two books every week, or more to create a rainforest perpetual! You should apply design thinking to the employee experience ; Videos, Galleries, &.! Evolving business model that fuses management philosophies of east and west factory into major enterprise his thoughts maximising.: rendanheyi more precise suppliers determines whether the project leader must work hard to stay ahead the... Approach, zhang believes this structure creates competition in the organisation while fuelling... Amongst Chinese leaders, I was amazed by the perpetual motion of sub atomic particles choices withdraw... Consent to this use or Manage preferences to make your cookie choices, Videos and more, and. A signal that China had produced its first philosopher–CEO platform companies form ecosystems partnering... Case studies, toolkits, Videos and more buy scenarios, or more any time increasingly as a,... Any second now… % in recent years choices and withdraw your consent your...
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