One of the notable names among the technology giants is Huawei. So, do you know what kind of management system this company implements?
Putting aside the traditional long-term leadership approach of many companies, Huawei rotating CEO system and foresees working with a CEO who changes every 6 months.
Alright, 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 abilities enables him to take part.
Founder Ren Zhengfei, With its attitude that encourages innovation at all levels, it adopts that a different manager should sit in the CEO seat every 6 months.
Huawei’s main aim is to gain leadership through this system. prevents dependence on a single person, Creating a collective mind. The company is constantly fed with fresh ideas from different perspectives and the decision-making process is democratized.
Different breakthroughs from different managers.
2014 President Sabrina MengWhile leading the company’s data transformation, a single source for data was created. Also different financial transformation programs implemented, transforming the finance team into a business partner integration and ensuring the rapid and stable development of Huawei worldwide.
Another of Huawei’s rotating CEOs Eric Xu He is known as an important name that directs the company’s survival strategies, especially after the US sanctions.
Under Xu’s leadership, Huawei created alternative supply chains and In 5G technologies strengthened its leadership. Xu not only managed the current crises but also shaped the company’s long-term strategic plans.
What are the advantages of the rotating CEO system?
CEOs who took office in different periods focused on their own areas of expertise and develop in different directions contributes.
For example, Sabrina Meng focus on financial digitalization, Eric Xu’s strategic moves towards technology and supply chain enabled the company to strengthen in different areas.
This model actually makes it possible for leaders to balance each other. May be caused by a single 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 Even though Huawei prefers to proceed via mobile phones, it also stands out in this regard.
What do you think about the rotating CEO system?
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