Electronic Resource

Built on Value: The Huawei Philosophy of Finance Management

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This 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.

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Detail Information

Series Title

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Call Number

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Publisher

: Springer Nature Singapore., 2019

Collation

XXXVI, 456 hlm; ill., lamp.,

Language

English

ISBN/ISSN

9789811375071

Classification

-

Content Type

text

Media Type

computer

Carrier Type

online resource

Edition

1

Subject(s)

Management
Business Finance

Human Resource Development

Specific Detail Info

Focuses on Huawei's financial management philosophy Recommended by Chinese business elites and professors, such as Chuanzhi Liu (???), Qiren Zhou (???), Guoan Yang (???) and others Assists overseas readers gain an accurate and in-depth understanding of Huawei

Statement of Responsibility

Weiwei Huang

Other Information

Cataloger

-

Source

https://link.springer.com/book/10.1007/978-981-13-7507-1

Validator

ida

Digital Object Identifier (DOI)

https://doi.org/10.1007/978-981-13-7507-1

Journal Volume

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Journal Issue

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Subtitle

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Parallel Title

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