Haier’s business model has created a worldwide entrepreneurship movement.
In this year’s Global Talent Competitiveness Index, we have seen how vital entrepreneurial talent is for a thriving economy. Haier CEO Zhang Ruimin’s transformational Rendanheyi business model is one example writ large of how this resource can expand a business. The revenue of Haier, the world leader in white goods, was nearly US$40 billion in 2017.
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