ZTE Corporation -- The Middle Way to Fully Disperse Enterprise Risks

Author: Mi Zhou et al
Publisher:
Publish Date: 2005-03-01
Features: ZTE, a communications company located in Shenzhen, has long been overshadowed by its hometown rival, Huawei, in the mysterious glow of its presence. Beyond the telecommunications and securities industries, few have paid attention to its existence. Yet, upon deeper exploration, you'll discover that ZTE is a formidable competitor to Huawei in every product line, both domestically and internationally. In the volume titled "The Fatigue of the Mean," you will delve into the key themes of this book. The concept of the "Mean" () is a specialized term in traditional Chinese philosophy that reveals and applies objective laws. Its essence, as mentioned in the book, is captured in the phrases "not leaning to either side is called the Mean, and not changing is called the Constant" (，) and "investigate the two extremes and hold steadfastly to the Mean" (，). "Hold steadfastly to the Mean" () has been the governance philosophy of emperors throughout history. Transplanting it into corporate management is equally effective. 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—showing the dynamic interplay of these interactions. 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. ZTE is a communications company located in Shenzhen, and this book is a microcosm of ZTE's battle history as a giant in the telecommunications equipment manufacturing industry and a multinational corporation. It is a book that focuses on the fate of Chinese enterprises and reveals the inner workings of corporate competition.