Haier, China’s famous electronics firm who started already to go global in the 1990s, is “insanely curious”, tells IMD professor Bill Fischer in the Business Spectator. Fischer is the co-author of a new book on innovative strategies Reinventing Giants: How Chinese Global Competitor Haier Has Changed the Way Big Companies Transform.
The Business Spectator:
As for Haier, its founder Zhang Ruimin is an avid reader of business literature and a Drucker-quoting member of a management mutual appreciation society that includes Michael Porter and Gary Hamel. IMD professor Bill Fischer, co-author of Reinventing Giants, a new book about Haier, says the company is “insanely curious”. But it is pursuing “revolution by accretion”, with each new development built on the last. Even Haier’s autonomous business units trace their roots back to Japanese quality improvement programs that the Chinese company adopted in the 1980s.
Can China innovate, was the question the China Weekly Hangout addressed in October 2012 with political scientist Greg Anderson and China consultant at-large Janet Carmosky. Moderation by Fons Tuinstra of the China Speakers Bureau.
On July 1 Hong Kong we saw the annual march against Beijing rule. The +China Weekly Hangout will examine on Thursday July 11 (delayed hangout from July 4) the turnout, and how the relationship between Hong Kong and Beijing has developed, since China took over the former British enclave. You can read our announcement here, or join the debate at our event page here.