Why does Huawei change CEO every six months? The reason will also come to mind!
October 10, 2024
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Huawei is challenging the traditional long-term leadership approach of many companies rotating CEO system and provides a partnership with a CEO that changes every six months. Agree, Huawei
Huawei is challenging the traditional long-term leadership approach of many companies rotating CEO system and provides a partnership with a CEO that changes every six months.
Agree, Huawei Why does he choose such an unconventional system?
What is the rotating CEO system?
The rotating CEO system, which Huawei launched in 2011, has changed the company’s management levels. leaders with different capabilities allows him to participate.
Founder Ren Zhengfei, With an attitude that encourages innovation at all levels, the company expects a different manager to take the CEO seat every six months.
Huawei’s main goal is to gain leadership through this system. prevents dependence on one person, Creating a collective mind. The company is constantly fed with fresh ideas from different perspectives and the decision-making process has been democratized.
Different breakthroughs from different managers.
Chairman of 2014 Sabrina MengAs we led the company’s data transformation, a single data source was created. Also different financial transformation programs implemented, transforming the financial team into a business partner integration and ensuring the rapid and stable development of Huawei worldwide.
Another of Huawei’s changing CEOs Eric Xu He is known as an important name leading the company’s survival strategies, especially after the US sanctions.
Under Xu’s leadership, Huawei created alternative supply chains and In 5G technologies strengthened his leadership. Xu not only managed the current crises, but also shaped the company’s long-term strategic plans.
What are the benefits of the rotating CEO system?
CEOs who took office in different periods focused on their own areas of expertise develop in different directions contributes.
For example, Sabrina Meng focus on financial digitalization, Eric Xu’s strategic moves towards technology and supply chain allowed the company to strengthen itself in several areas.
This model actually allows leaders to balance each other out. Can be caused by one person’s mistakes potential risks are minimized and the future of the company is shaped by a collective leadership approach.
Many companies do not dare to do this a single manager Although Huawei prefers to work via mobile phones, it also stands out in this area.
What do you think of the rotating CEO system?
Sources: Huawei, The Verge, Management Today, Research Gate, The European Business Review
Alice Smith is a seasoned journalist and writer for Div Bracket. She has a keen sense of what’s important and is always on top of the latest trends. Alice provides in-depth coverage of the most talked-about news stories, delivering insightful and thought-provoking articles that keep her readers informed and engaged.