By Tian Tao, Wu Chunbo
Huawei was once based in 1987 through ex-military officer Ren Zhengfei and formed 
as a personal corporation owned by way of its staff. Its middle missions are development telecommunications networks, supplying operational and consulting companies and kit to businesses in and out of China, and production communications units for the patron market.
The ebook by means of Tian Tao and Wu Chunbo is a unprecedented study attempt, to investigate and describe a truly complicated truth and a really unique entrepreneur. Huawei is a favorite corporation one of the so much profitable and such a lot internationalized in China. This ebook bargains insights to Western readers, permitting them to actually comprehend Huawei, its administration philosophy and tradition, and the certain management techniques of Ren Zhengfei.
it's a very precious paintings to appreciate entrepreneurship in our complicated world.
Read or Download The Huawei Story PDF
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Additional resources for The Huawei Story
Example text
Every successful company is always able to answer them correctly, although the answer may vary in different periods of development. There are some enterprises that put customers in the center of everything they did when they started, but lost their clear vision after initial success. They may sway and wonder about who is the lord: Their shareholders, employees, customers, or 4 The Huawei Story managers? The different answers reflect different pursuit and eventually underline different fates. Magic does not exist, and truth cannot be reversed.
In short, the past two decades have been an epic tragedy, a debacle of many participants. The telecom industry, for example, has been basically overturned, and then overturned again. The change is shocking for both participants and witnesses. Lucent Technologies was named by MIT Technology Review the world’s best technology company in the telecom field for two consecutive years. In January 1999, the company had a total market value of US$134 billion, and the share price was at a record high of US$84.
The open and liberal spirit in Europe had also nurtured 2 The Huawei Story a number of global telecom operators such as British Telecom, France Telecom, Deutsche Telekom, Telefonica, and Vodafone. While based and operating in Europe, they provided network services across all continents. American, Japanese, and Chinese telecom companies were far behind. In the early 21st century, Huawei was still struggling to get on track. Ren Zhengfei was shocked when he heard about the troubles of Alcatel, the captain of the industry.