China’s Zhang Ruimin recognized this in reimaging Haier, with an organization built on 10,000 entrepreneurial businesses. 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. If the future is the best “workplace,” then persistence, trust, and bravery must be the hallmarks of an executive’s personality. Haier Telecom | 1,384 followers on LinkedIn. That is what the firm calls the person with a rival idea with the second highest number of votes. It is an ecosystem. Once a devotee of the “six sigma” approach, Zhang has developed his own management ideology: rendanheyi. As a result the rate of growth has risen from 8% to 30% in recent years. 08 May 2017. Middle East, Asia, Europe 27 November 2018 Chinese version . 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. Zhang Ruimin: "We want to create a rainforest of perpetual life". View Ruimin zhang’s profile on LinkedIn, the world's largest professional community. Zhang Ruimin: "I read two books every week, or more. And they can easily link with other teams, like atoms coming together as molecules, for collaborative projects and to create new solutions.". 08 May 2017. 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. General Electric's appliance division was acquired by Haier for $5.4 billion in 2016, not recently, as claimed by some social media users. 18 Oct. 2015. 12 June 2010 • 21:09 pm . Google+. I pay special attention to cutting edge ideas. Haier is many businesses but one brand. They become self-organising and mutually enabling. But that’s exactly what comes to mind at the mention of Zhang Ruimin. Whilst I'm not sure atomic physics would be many business people's ideal topic, I was intrigued. Yes, Asian companies and their leaders have embraced new ways of working, and responding to their fast growth markets. Each is responsible for its own hiring, procurement, strategy, production and ultimately profit and loss. COVID fatigue is real, but don’t let it disrupt your recovery plans; 2. 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. Zhang Ruimin is Chairman and CEO of Haier, the world's leading white goods business. Slideshow. Use social design to help your distributed team self-organize ; 3. Zhang Ruimin: "First think of waves inside organisations. Zhang Ruimin: "Sales used to be the end of the relationship. 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: "A true leader enables ordinary people to achieve extraordinary things.". ZHANG RUIMIN Why enterprises exist. 1 (I feel like Keanu Reeves might pop up any second now…. Reconsidering servant leadership; 4. Is Asia still learning from the west, or do the ideas now come from the east? 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. View Ruimin Zhang’s profile on LinkedIn, the world's largest professional community. 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. Weeks after sealing a $5.4 billion deal to buy General Electric Appliances (GEA) in 2016, Zhang Ruimin, chairman of China’s Today it is no longer about standardisation, and creating the best product. People will buy scenarios, or concepts, where the products might be free and just enablers of services. Web. “Haier CEO Zhang Ruimin: Challenge Yourself, Overcome Yourself.” Founding Fuel. 4, Zhang believes this structure creates competition in the organisation while also fuelling entrepreneurship. 5 Instead employees are paid solely based on performance and the results their team achieves. And we needed to be if we were to build a brand recognised globally.". “The Haier Road to Growth.” Strategy Business. 08 May 2017. Or you can email him at peterfisk@peterfisk.com, This website uses cookies to improve service and provide tailored ads. In the new generation Haier, talent is provided through an open labour market. His ideas are regularly interspersed with quotes from Aristotle and Plato, Kant and Hemingway, Mintzberg and Drucker, and many others too. 08 May 2017. You can read more of this interview, and "the physics of business", in my forthcoming book, Business Recoded. 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. So finally an inspiration from Chinese culture, or Lao Tzu to be more precise. 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. Zhang Ruimin took the helm of a struggling refrigerator manufacturer in 1984 when he was just 25. Haier is the world's fourth largest white goods manufacturer and is the official home appliances sponsor of the Beijing 2008 Olympic Games. By using this site, you agree to this use. “The factory was suffering great losses. He was delighted, and quickly got into a passionate, and somewhat technical discussions about atomic structure and wave theory. We didn't just want to compete, we wanted to be the best company. Zhang Ruimin shares his thoughts on maximising the enthusiasm of employees and how he transformed a shoddy factory into major enterprise. 2. His 7 bestselling books are translated into 35 languages, including most recently, "Gamechangers: Innovative strategies from brands and business". The quest for quality at Haier began with a sledgehammer, or so the story goes. There are 2,200+ professionals named "Ruimin", who use LinkedIn to exchange information, ideas, and opportunities. 3, The project leader must work hard to stay ahead of the catfish. Zhang is clearly an incredibly thoughtful and well-read leader. Ruimin has 1 job listed on their profile. We are seeing the dawning of a new age of organisational agility and innovation. As a leader he won the confidence and goodwill of his workers and reversed the company’s dismal quality record. 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. Web. Twitter. When Zhang Ruimin gave the address in 2013, it was a signal that China had produced its first philosopher–CEO. Haier’s powerful internet platform enables limitless collaboration with suppliers, customers, universities, competitors, and other stakeholders. 1. 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. 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. 08 May 2017. Not just in China, but increasingly as a global brand. 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. Approaches like six sigma were very important at the time, and we were one of the first Chinese companies to embrace such techniques. 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. There will only be a platform. 1. 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. Zhang Ruimin became managing director in 1984 and has undertaken several transformations at Haier. The ZZJYT’s are not permanently assigned to a particular product or role. Now sales is the beginning of the relationship. 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. Your email address will not be published. View Ruimin Zhang’s profile on LinkedIn, the world's largest professional community. But I also still admire other companies all around the world, and particularly in the applications of technology. 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. Waves can be sustained over great distances, and with different frequencies, into what we know for example as pitch and volume". Select Accept cookies to consent to this use or Manage preferences to make your cookie choices. View Ruimin Zhang’s profile on LinkedIn, the world's largest professional community. Web. 08 May 2017. These microenterprises operate as independent ventures. (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. Today each ZZJYT comprises 7-10 people from various functional roles. ), Zhang Ruimin has been lauded for his accomplishments in management innovation, and yet by some he is still seen as a radical. Ruimin, Zhang. 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. Zhang Ruimin: "In a digital world of globalization, connectivity and personalization, there is no such thing as a perfect product. “Haier and Higher.” The Economist. A vote involving employees, customers and suppliers determines whether the project goes ahead. Ruimin’s education is listed on their profile. Ruimin has 5 jobs listed on their profile. Zhang Ruimin: "Applying this idea from physics to business, small teams of people with different backgrounds, skills, and ideas, can co-exist incredibly effectively. Web. I read philosophy books.". As we do this, we create resonance with people, the solutions become more important, and the brand becomes more powerful.". 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. 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. 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. From Aristotle's philosophies to Asian leadership. His desire to embrace western management techniques marked him out as a thought leader amongst Chinese leaders. Zhang Ruimin is Chairman/President/CEO at Haier Group Corp. See Zhang Ruimin's compensation, career history, education, & memberships. However at the same time, he recognises the need to empower employees to be more customer intimate. 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 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. 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. Zhang Ruimin: "We quickly realised in the early days, that high quality was very important. With, and with different frequencies, into what we know for example as pitch and volume.... 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