{"product_id":"built-on-value-the-huawei-philosophy-of-finance-management-paperback","title":"Built on Value: The Huawei Philosophy of Finance Management - Paperback","description":"\u003cdiv\u003e\u003cp style=\"text-align: right;\"\u003e\u003ca href=\"https:\/\/reportcopyrightinfringement.com\/\" target=\"_blank\" rel=\"nofollow\"\u003e\u003cb\u003eReport copyright infringement\u003c\/b\u003e\u003c\/a\u003e\u003c\/p\u003e\u003c\/div\u003e\u003cp\u003eby \u003cb\u003eWeiwei Huang\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003eThis book is open access under a CC BY-NC-ND 4.0 license. \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003eThis book presents the concept of value as the central component to success and longevity of the global ICT industry player, Huawei. It provides examples of how Huawei focuses on customers to pursue sustainable and profitable growth rather than focusing on capital market valuation which is a familiar scenario among Western companies. It is the business departments that are the creators of value for Huawei, while the finance department is tasked to provide support and services to those business departments during the value creation process. The book illustrates how Huawei Finance sets rules, allocates resources, and builds centers of expertise all over the world to address future uncertainties. More than a decade ago Huawei dedicated seven years to implement the Integrated Financial Services (IFS) Transformation Program with the help of IBM consultants. This book also draws on the leading concepts and successful experience of the IFS Transformation Program. Huawei Finance adopts three types of centralized vertical management from the top down: treasury, accounting, and auditing. It does not transfer such central authority down to lower levels, but delegates all other authority to business organizations across all levels. This management model represents the focus of this book. Built on Value provides an overview of Huawei's finance management and will help academic researchers in Business\/Management, as well as practitioners in industry, an accurate and in-depth understanding of Huawei as a company.\u003cbr\u003e\u003ch3\u003eBack Jacket\u003c\/h3\u003e\u003cp\u003eThis book presents the concept of value as the central component to success and longevity of the global ICT industry player, Huawei. It provides examples of how Huawei focuses on customers to pursue sustainable and profitable growth rather than focusing on capital market valuation, which is a familiar scenario among Western companies. It is the business departments that are the creators of value for Huawei, whereas the finance department is tasked to provide support and services to those business departments and oversee their operations during the value creation process. The book illustrates how Huawei Finance sets rules, allocates resources, and builds centers of expertise all over the world to address future uncertainties. More than a decade ago Huawei dedicated seven years to implement the Integrated Financial Services (IFS) Transformation Program with the help of IBM consultants. This book also draws on the leading concepts and successful experience of the IFS Transformation Program. Huawei Finance adopts three types of centralized vertical management from the top down: treasury, accounting, and auditing. It does not transfer such central authority down to lower levels, but rather delegates all other authority to business organizations across all levels. This management model represents the focus of this book. Built on Value provides an overview of Huawei's finance management and will help academic researchers in Business\/Management, as well as practitioners in industry, gain an accurate and in-depth understanding of Huawei as a company.\u003cbr\u003e\u003cb\u003eWeiwei Huang\u003c\/b\u003e is a professor at the School of Business, Renmin University, and previously headed the Business School's Department of Management Science and Engineering. He received his Master's Degree in Economics from the Industrial Economics Department of Renmin University of China. He is also a visiting scholar at the Desautels Faculty of Management at McGill University, the Ivey Business School at the University of Western Ontario, and the University at Buffalo School of Management. \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003cb\u003eWeiwei Huang\u003c\/b\u003e is a professor at the School of Business, Renmin University of China, and previously headed the Business School's Department of Management Science and Engineering. He received the Master's Degree in Economics from the Industrial Economics Department of Renmin University of China. He is also a visiting scholar at the Desautels Faculty of Management of McGill University, the Ivey Business School of the University of Western Ontario, and the University at Buffalo School of Management.\u003cbr\u003eHis research interests include production and operations management, entrepreneurial management, and management policies. He is the author of \u003ci\u003eProduction and Operations Management\u003c\/i\u003e, \u003ci\u003eEVA Management Model\u003c\/i\u003e, and \u003ci\u003eAsymmetric Competition\u003c\/i\u003e. He has served as a senior management consultant of Huawei since 1996 and was involved in drafting \u003ci\u003eThe Huawei Charter\u003c\/i\u003e. He is also the editor-in-chief of several published works, including \u003ci\u003eOut of Chaos\u003c\/i\u003e, \u003ci\u003eDedication--The Huawei Philosophy of Human Resource Management\u003c\/i\u003e, \u003ci\u003eCustomer Centricity--The Huawei Philosophy of Business Management\u003c\/i\u003e, and \u003ci\u003eBuilt on Value--The Huawei Philosophy of Finance Management Philosophy\u003c\/i\u003e.\u003cbr\u003e\u003c\/p\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 456\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 0.99 x 8.27 x 5.83 IN\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eIllustrated:\u003c\/strong\u003e Yes\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e August 14, 2020\u003c\/div\u003e\n            ","brand":"BooksCloud","offers":[{"title":"Default Title","offer_id":52483207364915,"sku":"9789811375095","price":91.13,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0300\/5595\/6612\/files\/OXZ3aGF1c2VaNjBPenZaUm5CRUQwdz09.webp?v=1759751927","url":"https:\/\/www.vysn.com\/products\/built-on-value-the-huawei-philosophy-of-finance-management-paperback","provider":"VYSN","version":"1.0","type":"link"}