Group portfolio Research Paper Example | Topics and Well Written Essays - 500 words - 1

Group portfolio - Research Paper Example One of the core values that Haier has is the rights and wrongs sense in which the product users are always right while the company need to improve itself2. The value acts as a motivator, hence forming values for customers. Therefore, the firm’s employees work their best to meet the customer’s requirements in addition to generating a wide variety of choices that they can choose from. The workforce has a mind-set, whereby, they feel the need to persistently advance themselves, which they perceive to be the only way they can continually refuse, dare and outdo themselves to realize triumph through establishment of innovation out of change. The organization, in addition, has an adaptive culture that has led to its growth, whereby, it maintains its pace with the social growth as well as remains in case of any world changes. Its innovativeness as well as the entrepreneurship character enables the firm to uphold a competitive benefit in the ever-changing market. That is to say, the more radical the world changes the quicker the speed of customer’s variation, hence, the more lasting the inheritance turns out to be3. In addition, the organization has employed the concept of two spirits, innovation and entrepreneurship, which is considered to be the gene for the company’s consistent culture. The gene ensures that all members of the workforce maintain their value as well as aid them in their individual development. It is also mandated for every employee to have the entrepreneurship and innovation spirits. Entrepreneurship is considered to be the spirit of pioneering work in which the company persuades all employees to have it4. They are encouraged to transform from being supervised and instead become their own managers. On the other hand, innovation specializes on creation of new value, which is majorly generated from creation of new product users. Lastly, the interest theory of â€Å"win-win model