Yesterday, an old director was chatting. He did not have the arrogance of a chairman, but looked like an amiable elder. In the 10th year of his business, his capital increased from 700,000 to 700 million. At that time, it was the beginning of the construction of the glorious top 10 companies. Now, he is already the number one leader in the world.
▎Corporate culture can be felt
In his company, there is no strict management system or traditional signboards. There is a relaxed and happy atmosphere. This culture has been deeply rooted in this company for decades.
When a company has a Vision, it must have a Mission, and then a Strategy and a time table must be slowly established, but corporate culture is indispensable.
Lao Dong said that he stood firm and was himself to be different from others. It was his philosophy to be small rather than big. Therefore, this value gradually expanded to the company, and the company began to support young designers and use its own production lines to assist in development. Due to the small volume, the United States gave up the market, because there was no way to standardize, Japan gave up the market, and because customers had many demands, Europe gave up the market. However, this company relies on strategic thinking based on user needs. Slowly building up unique technology and innovation energy, it became number one in the world.
▎Embrace risk and you can overtake in corners
Because of this, a collaborative concept starts from top to bottom, and then from bottom to top. The company supports designers to solve the current small and diverse customers. At the same time, the company assists the supply chain in establishing support plans when the market is in urgent need, assists potential suppliers, helps improve systems, share systems, and set up machines. From the original to heat treatment and spraying, it not only builds revolutionary sentiments in the crisis, but also seizes the huge business opportunities brought by the epidemic in a timely manner.
Have you ever thought about one thing? During this wave of epidemic, how many companies have gone bankrupt, but how many companies have made huge profits as a result? If it were you, who would you like to be?
▎It’s not destiny, but it’s luck.
In the 1970s, due to the needs of the general environment, he began to stand on the wave of the market, dancing with crises all the way. Looking back, he was enjoying the process, but his concept of doing the right thing and doing it well has never changed. The old director said that he was lucky enough to encounter everything. However, I think it is his belief and this cycle that leads the company to move forward and solve difficulties.
▎The positioning of the industry is beginning to blur, and it is necessary to focus on products and services in order to have the capital to compete and cooperate.
As the industry changes, AI begins to enter this field. Many people are confused about who is doing this. Lao Dong also admitted that most mechanical skills can no longer satisfy this industry. Instead, digitalization and informatization have brought in AI expertise. But I believe that with such a good cycle and strong R&D and innovation energy, it will not be difficult for this company to continue to improve its products and services and deepen its technology.
As he said, everything starts from the bottom up.