“What is success? It’s being like those Japanese corporations. They’re still alive and well even after many crises and close calls. That’s real success. Huawei hasn’t succeeded, all it’s done is grow.”
- Ren Zhengfei 4/24/2001 on the difference between growth and success
- Ren Zhengfei 4/24/2001 on the difference between growth and success
He believed that Huawei’s success isn’t to become a global company, but to survive in the face of all sorts of challenges and crises. A company that hasn’t gone through hard times is not qualified to be called successful.
… I guess he’s getting his wish.
… I guess he’s getting his wish.
He’s spent a lot of time studying Japanese companies. By 2015 there were 21666 Japanese companies that were at least 150 years old. In contrast, only 6 companies in China could claim such a feat.
He’s also a huge proponent of balanced growth (is this starting to sound like China’s countrywide goals?). Unbalanced growth just exposes you to your weaknesses. A bucket can only hold as much water as its shortest board. Don’t let your shortcomings own you.
Also, always find a stable, dynamic relationship with your competitors, who are also your partners. Create situations where you both profit from a shared value chain. Isolating your competitors and going after them single-mindedly is unsustainable & unstable.
Welcome Huawei experts to tell me if he really embodied these values. I’m not as familiar with the company. 🙏
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