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Enterpriser Worth & Future of Midea

November 23rd, 2010 at 05:18 am

What are the reasons for Midea's rapid growth for 15 years, and what will be its power of future growth? I have covered Midea ten years ago, which was still fresh in my mind. Main Trend Bible to Mix and Match ugg bailey button Maybe the state a decade ago had predicted today`s success. at Any Time: Mastering ugg classic short
At that time Midea was in high development, it was also a whole year after the management of implementation department of Midea reformed. Midea was not so important as it is now, and its reputation is not so high neither. But we were impressed with the spontaneous love towards the enterprise of Midea employees. This enterprise is surging a kindly upward passion,and showing a strong cohesion and solidarity.
Midea's only thing that has changed is change. Midea prefers to give up the business with profits of 1 million, instead let off a useful talent. It was from then that these two sentences began spreading in the industry, which reflect the reason behind Midea`s rapid growth. --- Two words of the masters of the helm of the U.S. He Xiangjian of extraordinary courage and charisma have also been seen. While Media is also fortunate, its founder realized the successful transition from a founder to the manager and then to the entrepreneur. He integrated a set of operating system which fitted the company well, and cultivated a management team which gained its repution in the field. Different from common managers, entrepreneurs need to be equipped with strategic vision, creativity and leadership. People familiar with Midea all know that He Xiangjian would directly go home after work if there was no special thing. He would never work at night, nor would he use mobile phone. However, he plays golf at least three times a week, which is joked as the king of golf among the industry.
He Xiangjian under the leadership of the United States in the 80's choice fan manufacturers, in listing the early nineties. When management problems appeared in the product diversification, he quickly pushed a systematic reformation, and launched an equity interest encouragement mechanism in early time. Li defei, Secretary of the Board, said that Midea Group caught every chance of social reform and industrial innovation.
The beginning of 2004, the United States cut into the refrigerator products, then usher in 2006 and 2007 refrigerator industry, a good development opportunity. In 1998, Midea acquired the struggling Wan Jiale compressor program. And now compressor has been an important drive for its growth. Midea Group joined in with Chongqing General in 2004 and purchase its equity in 2008, then it settled the leading position in domestic air conditioning industry. It can be apparently seen that every step of Media Group shows strategic vision of the enterpriser, which is doomed to be the powerful engine of sustainable development.

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