Join Murray Robinson and Shane Gibson as they chat with William Malik about the Haier operating model. Haier, a Chinese appliance giant, transitioned from a failing state-owned enterprise to a highly profitable publicly owned organisation with over 5,700 micro enterprises and $50 billion in revenue.
We explain how Haier uses an internal marketplace to allow microenterprises to trade goods and services with each other, based on a value added mechanism and smart contracts. An approach based on the philosophy of RenDanHeYi, where managers release control and support teams to achieve their potential to create valuable solutions within an open environment.
William makes a compelling case for the benefits of a decentralized agile organizational model in driving high innovation and performance.