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Management Innovation Made in China: Haier’s Rendanheyi

Year: 2018
Type: article
Abstract: Emerging market companies create new management practices for an environment characterized by increased volatility, uncertainty, complexity, and ambiguity (VUCA). This article shows how Haier developed a platform of management practices called Rendanheyi to transform itself from a conventional hierarchical manufacturing firm to a highly responsive online-based entrepreneurial company. It demonstrates how the organizational, competitive, institutional, and technological contexts mattered for the development of Rendanheyi, showing how context-dependent management innovations are created to allow emerging market firms such as Haier to deal with a high VUCA world and creating an extended process model of management innovation that managers can readily apply.
Language: English
Open Access status: green
OpenAlex ID: W2885778334
FWCI: 6.371
Cites: 22
Cited by: 156
Related to: 10