ZTE Communications: The Moderate Approach to National Dispersed Enterprise Risk

Author: Mi Zhou/Yin Sheng
Publisher:
Publish Date: 2005-03-01
Features: ZTE, a communication enterprise located in Shenzhen, has largely gone unnoticed under the mysterious glow of its hometown rival, Huawei, except within the communication industry and securities circles. However, upon deeper exploration, you'll discover that ZTE is a formidable competitor to Huawei in every product line and in both domestic and international battles. In the volume titled "The Fatigue of the Mean," you will find the key insights of this book. The Mean, a term in traditional Chinese philosophy, refers to the revelation and application of objective laws. Its essence, as mentioned in the book, is captured in the phrases "not leaning to either side is called the Mean, and unchanging is called the Constant" and "inquire into the two extremes and hold firmly to the Mean." "Hold firmly to the Mean" has been the governance philosophy of emperors throughout history, and its adaptation to business management is equally valuable. This book not only recommends a typical Eastern value but also demonstrates how this value permeates every cell of the organization—its structure, R&D, market endpoints, and cultural atmosphere—and the dynamic interactions among them. In chapters such as "Navigating Risks," "The Secrets of 'State-Owned Private'," "The Succession Saga," and "Overseas Surge," you can immerse yourself in the story.