WSJ: Huawei's success based on employees' dedication to the company

WSJ: Huawei's success based on employees' dedication to the company
According to a story in the Wall Street Journal yesterday, Huawei's success has a lot to do with workers' willingness to put the company ahead of themselves. With $60 billion in revenue (which has doubled over the last five years), the company has become the third largest smartphone manufacturer in the world. And Huawei isn't stopping there. Much earlier this year, the company's CEO of consumer services said that Huawei will top Apple and Samsung to be the number one smartphone manufacturer in five years.

A year into their employment with Huawei, some workers sign a "dedicated employee agreement" that gives up extra pay for overtime and also sacrifices paid vacations. Those signing the agreement often start receiving shares in the company to be further aligned with the success of Huawei; the company is not publicly traded and Huawei is owned by its executives and other employees.

While Huawei hopes to be the largest smartphone manufacturer in five years, current CEO Ren Zhengfei might not be using the executive bathroom by the time that takes place. Mr. Ren co-founded the company in 1987 and could be looking to retire in the near future. Currently, Huawei has three senior executives who rotate as the acting CEO for 6 months at a time. Ren's successor could come from this group. One thing that seems certain, the new leader will not be a relative. Even though Huawei's finance chief is Mr. Ren's daughter and one of his sons leads a subsidiary, Ren is adamant that Huawei's next top executive will not be a family member.

Huawei currently has 170,000 employees, and a rookie by the name of Meng Bo summed up how they all feel about Huawei. "If you dedicate yourself to the company, the company won’t let you down."



source: WSJ

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13 Comments

1. patjanter

Posts: 9; Member since: Mar 28, 2016

"If you dedicate yourself to the company, the company won’t let you down." Bwa ha ha ha............

2. Papa_Ji

Posts: 839; Member since: Jun 27, 2016

And some companies and there Sheep thinks .... "Profit is everything"

3. maple_mak

Posts: 953; Member since: Dec 18, 2013

And we always know what's the company we mentioned about. Tips: T.C. the CEO.

7. joey_sfb

Posts: 6794; Member since: Mar 29, 2012

I would not buy a brand that knowingly put malware into the phone regardless of high end or budget handset.

11. HenryBlank

Posts: 18; Member since: Jun 19, 2014

You are a moron, malware? Huawei is the #3 supplier of mobile devices globally, you think they install malware in millions of phones and nobody has found out? Again, sir you a moron for saying this.

4. gdawilson

Posts: 299; Member since: Jul 21, 2014

I feel sorry for those that gave up their lives to this company. R.I.P to them

5. Papa_Ji

Posts: 839; Member since: Jun 27, 2016

This is due to trust, which Huawei has earned. TRUST IS MUCH MORE THAN MONEY

10. maple_mak

Posts: 953; Member since: Dec 18, 2013

Agreed! I heard that if customer's Huawei device have the hardware issue, they will exchange a new device for them. This is the part of trust from Huawei services. I've very appreciated it!

6. tiara6918

Posts: 2263; Member since: Apr 26, 2012

As much as I like huawei, wasting your whole life for somebody else instead of living freely is absolutely not a good idea

8. waqas.mehmood2

Posts: 55; Member since: Nov 21, 2015

Lol china company

9. tiara6918

Posts: 2263; Member since: Apr 26, 2012

This is the harsh reality in china unfortunately. Most parents choose to stay longer hours at work instead of spending time with their children. When these parents prioritize work over their kids, the kids are usually left alone at home or in some cases with their grandparents. The child's psychological behaviour would be greatly affected as they grow older

12. kiko007

Posts: 7493; Member since: Feb 17, 2016

This is really....really gross. Not Rosy O'Donnell level gross....but still pretty awful.

13. Joosty

Posts: 471; Member since: Mar 14, 2013

I was strolling through a best buy two days ago and there was a Huawei display setup with an older gentlemen attending to it as a sales rep. There was a Honor 8 in the blue and white colors on display and also the new health tracker. I went over there to play with the Honor 8 since I have never seen one in person and I have to admit that the device is rather solid for the price! But I was actually surprised by the older employee actually knowing some decent facts about the device and not just regurgitating information that he was trained to remember. He didnt tell me anything that I already know, but he did well with the presentation.

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