A Unique Corporate Governance Mechanism for Huawei
Keywords:
Huawei Company governance, incentive mechanismAbstract
Huawei's great success is inseparable from its unique corporate governance model of "incentive mechanism + check and balance mechanism." Through the virtual restricted investment system for all employees, Ren Zhengfei led and built an unprecedented reward and bonus system for Chinese enterprises. For a long time, the employee stock ownership plan implemented by Huawei has been regarded as a significant driving force for its development, which has created the centripetal force of Huawei's management and the combat effectiveness of "Wolf" culture company.
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