Oriental Miracle
Haier's experience in management restructuring is included by the classics on business management recommended by Jack Welch, former CEO of GE.
The business management philosophy was originated from the standard scientific management established by Taylor 100 years ago and covers Haier's case on business restructuring.
Haier's Market-chain Management is believed to be the latest effective remedy for enterprise shortcomings.
Haier's business restructuring achievements have been deemed as the oriental miracle that makes failing enterprises into successful ones.
The standard scientific management theoretical system established by Taylor 100 years ago covers enterprise business management.
100 years later, Haier's business restructuring has been believed to be a revolution of management philosophy and attracted attention of management researchers.
The business management philosophy originated from the standard scientific management established by Taylor 100 years ago and covers Haier's case on business restructuring. This is what released by The Management of 100 Years which had a circulation of 7 million and recommended by the Fortune Global and New York Times.
The book was written by Dr. Mikle D Boton, chief economist of Fortune Global, senior copywriter of Walls Street Journal, chief managerial advisor of American Enterprise Association and professor of Harvard University.
The book starts from the story of Taylor, noted as Father of Scientific Management Philosophy, to Haier's business restructuring, captioned Oriental Miracle, saying that "Over the past 20 years, no management thought could reverse American competitive power, such as management, diversification, Z theory, zero basic budget, value analysis, power separation, quality circle, restructure, file management, matrix management" and "Haier, headed by Zhang Ruimin, has restructured its manufacture and management systems. This is why Haier has long played a significant role in China's economy.""We have to gasp in admission for the miracle from the orient of the globe after we complete independent research on Haier."
This book has been highly praised by New York Times, Fortune Global and GE's former CEO Jack Welch.