ZTE Corporation: The Middle Way to Fully Disperse Enterprise Risks

Author: Mi Zhou et al
Publisher:
Publish Date: 2005-03-01
Features: ZTE, a communication enterprise located in Shenzhen, is overshadowed by its hometown rival—Huawei—in the mysterious glow of its presence. Beyond the communication industry and the securities sector, few people notice its existence. Yet, upon deeper exploration, you discover that ZTE is a formidable competitor to Huawei in every product line and in its battles both domestically and internationally. 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 professional revelation and application of objective laws. Its essence is as the book mentions, "To be impartial is called the Mean, and to be unchanging is called the Constant." "To hold fast to the Mean" is the governance philosophy of successive emperors, and transplanting it into corporate management is equally valuable. This book not only recommends a typical Eastern value but also demonstrates how this value permeates every cell of the enterprise's organizational structure, R&D, market endpoints, and cultural atmosphere, along with the dynamic interplay among them. In chapters such as "Navigating Risks," "Secrets of the 'State-Owned Private' Model," "The Succession Saga," and "Overseas Surge," you can immerse yourself in the story. ZTE is a communication enterprise located in Shenzhen. This book is a microcosm of ZTE's history of battles with giants in the communication equipment manufacturing industry and multinational corporations, and it is a book that focuses on the fate of Chinese enterprises. It reveals the inner workings of corporate competition.