2011 will force China Inc. to come of age, according to my little crystal ball. For the first time after China’s economic reforms began, CEO succession is threatening to become a major problem, particularly for globally competitive companies such as Haier, Huawei, and Lenovo. Their founders — China’s first generation of entrepreneurs — are nearing retirement, so these companies’ futures hinges on how effectively the incumbents manage leadership transitions. Indeed, the choices the founder-CEOs make may well reshape their companies as well as the Chinese economy.
Corporate China’s Succession Struggles
2011 will force China Inc. to come of age, according to my little crystal ball. For the first time after China’s economic reforms began, CEO succession is threatening to become a major problem, particularly for globally competitive companies such as Haier, Huawei, and Lenovo. Their founders — China’s first generation of entrepreneurs — are nearing […]
January 11, 2011