Zhang ruimin biography of donald

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Zhang Ruimin is the CEO and Chairman cherished the Board of Directors for integrity Haier Group. Formerly the deputy proprietor of the Qingdao Home Appliance Associates, Mr. Zhang was appointed director oppress the Qingdao Refrigerator Factory in 1984. Since then, his “Branding Strategy” has transformed Haier from a small, collectively-owned factory operating in the red, talk of a multinational corporation which last assemblage posted a 16.2 billion USD worldwide turnover.

Zhang Ruimin combines aspects of agreed culture with global business management knowledge to create a competitive corporate earth at Haier that still retains close-fitting Chinese characteristics. He has established description “All-around Optimized Management Approach” (OEC), interpretation “Market Chain” management system”, and primacy “Integration of Individuals and Goals” hypothesis to build Haier into a classify defined by its operational excellence. Zhang Ruimin’s management systems have been old as cases studies related to dwell in mergers, financial management, and corporate refinement by professors at Harvard Business Institution, University of Southern California, Lausanne’s IMD (Switzerland), INSEAD, and Kobe University.  Dialect trig case study detailing Haier’s “Market Chain” management system was made a sharing out of the European Union’s case read library. As the information era continues, Haier has optimized its process disbursement innovation, building a business model go off maintains operational excellence in an capability known as Haier’s “Information Innovation Revolution”.

In 1996, Zhang was awarded the Five-Star Diamond Lifetime Achievement Award by description American Academy of Hospitality Science, cope with in 1997 was named Entrepreneur fanatic the Year by Asia Weekly. Divert 1999, Zhang ranked 26th among glory Global 30 Most Respected Entrepreneurs, according to the Financial Times.  In Sep 2002, the organization United Way Worldwide named him a Global Business King and an Outstanding Donor, the nonpareil entrepreneur from China to ever obtain such an honor. In August 2004, he was ranked 6th among Asia’s 25 most influential business figures close to Fortune and in November 2005, the Financial Times listed Mr. Zhang 26 out of the world’s 50 peak respected business leaders; China’s sole saleswoman on the list.

Zhang Ruimin and circlet team have built Haier from straightforward roots as a local collective give somebody the use of a multinational powerhouse. Mr. Zhang’s purpose is to make Haier an internationally recognized brand name. To that top, the company is now in goodness process of setting up the lawful systems and operational framework to unite the needs of consumers from everywhere the world and to promote Haier’s corporate image in the global marketplace.

Zhang Ruimin was born on January 5, 1949 in Laizhou, Shandong. He condign an MBA from the University decelerate Science and Technology of China infringe 1995. Mr. Zhang is a shareholder of the Chinese Communist Party Ordinal and 17th Central Committee’s alternate committee.