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Zhang Ruimin, the founder of Haier Group, the only Chinese in "Management Oscar", won the Thinkers50 Lifetime Achievement Award.

via:IT之家     time:2023/11/14 13:00:28     readed:183

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It House on November 14, local time on the evening of November 6, Thinkers50 (the world's top 50 most influential management thinkers) award ceremony was held in London City Hall. Zhang Ruimin, founder of Haier Group and honorary chairman of Haier's board of directors, won the highest award "Lifetime Achievement Award" and became the only Chinese to be honored in the World Hall of Fame of Management thinkers.

Comments on Thinkers50's official website show that:

As a world-famous entrepreneur, Mr. Zhang is the creator of innovative business models, combining the quintessence of Chinese traditional culture with modern western business ideas. Zhang Ruimin was a believer in the six Sigma (Six Sigma) approach advocated by Jack Welch, chief executive of GE, and developed his own management philosophy: Rendanheyi.

By dividing the enterprise into micro-enterprises on the open platform, it breaks the traditional "empire" management system and creates a "zero distance" between employees and customer needs.

At the heart of single-mindedness is entrepreneurship: encouraging innovation, flexibility and risk-taking by eliminating costly middle managers (Zhang is known for abolishing 10000 employees).

The introduction to Thinkers50's official website shows:

In 1984, Zhang Ruimin became the factory director of Haier's predecessor, Qingdao refrigerator Factory. Over the past 30 years, he has transformed a small collective factory with a loss of 1.47 million yuan into a global enterprise with a turnover of 188.7 billion yuan (2015). In 1998, Zhang Ruimin became the first Chinese entrepreneur to give a speech at Harvard. In 2016, he signed a $5.4 billion deal with GEA to buy General Electric (GE). Haier has become the number one brand of white goods in the world.

Gary Hammer, a master of management, delivered a speech at the award ceremony:

Haier has broken the conclusion of management again and again: it is impossible for enterprises to do a good job of exploration and profit at the same time. Large institutions can be as entrepreneurial as startups, and bureaucracy is not a constant in the universe. This tells us that Zhang Ruimin is the first doer to win the Lifetime Achievement Award and the first person to reshape management.

IT House Note: Thinkers50, known as the "Academy Award for Management" by the Financial Times, was established in 2001 and is the world's first list of management thinkers, which is selected every two years. The Thinkers50 Lifetime Achievement Award is awarded to those who have a long-term impact on the way people think and practice management. The winner of the Lifetime Achievement Award will automatically enter the Thinkers50 Hall of Fame. Zhang Ruimin is the ninth management thinker to win the award and the only Chinese to be honored in the World Hall of Fame of Management thinkers.

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