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Zhang Xuebin: Only Thecompany, Not The Boss

PART 2

By Canaday DeleonPublished 3 years ago โ€ข 4 min read

In fact, Zhang Xuebin had realized the importance of authority clarity in Hainan coconut Group. "Although Hainan Coconut was already a limited liability company at that time, it had a strong color of state-owned enterprise. The functions and powers of the board of directors and management were not very clear, and they were not willing to divide the functions and powers clearly. The board of directors is also in charge of specific work, and the management team meeting is basically a board of directors, the board of directors has a chairman, and I am only a director. So the decision-making process is long and difficult."

'I want the chairman to go through this path'

"At that time, the listed authority was very large, and I found it difficult for the boss to agree to it at first. The situation was serious at that time, and I hoped that some ideas of the chairman would change and go through this road." To Zhang Xuebin's surprise, Huang Hongsheng signed the letter of authorization without any discount.

Along with the letter of authorization, Zhang offered a promise of three months and six months to bring results. This is also Zhang Xuebin to his own deadline.

Zhang Xuebin first readjured the original organizational structure of research, production and sales, integrated them into the newly established color TV Business Division, and adjusted many departments and personnel, thus greatly improving the operation efficiency. The result was effective in three months. Skyworth color TV turned a loss into a profit in 2001, and entered the industry's top three in 2002.

Obviously, this kind of rapid growth, and Zhang Xuebin's success "to power" inseparable. "But the key to success is that the boss has to be transformational, open-minded and intelligent, and be able to delegate power, if you want them to. The boss was very aggressive in delegating power. At Skyworth, the decision-making is very fast, the decision-making mechanism of the enterprise is flexible, and the opinions of professional managers can be recognized."

"Serving founders need to distinguish between dual roles"

Zhang Xuebin has his own profound experience and views on the relationship between boss and manager, which is widely concerned by professional managers. "I think as companies get bigger, there is a tendency to separate decision making from execution. If bosses (directors) spend most of their time and energy on specific implementation, it will affect the quality of decisions and seize opportunities. The boss should function primarily at the board and shareholders' level, while the manager is responsible for the results of the business. The board of directors is to formulate the company's major strategy, investment direction, basic system, etc., and after establishing this basic framework, it is necessary for professional managers to undertake and play."

Mr Zhang recalls having a number of "bosses" (executive directors) working under him, such as the second boss, as well as other founders. "I tell them to distinguish between their dual roles. On the board, the directors are the decision-makers, the people who make decisions in the company. But on the operational level, you can only be my subordinates, responsible to me; It's not like you're the boss and I'm responsible for you, that's a mess. As management personnel, they are appointed by the president and are responsible for and report to the president. This is the boss doing the boss, manager doing the manager. Even if you are the boss, the shareholder, but as long as the business level, it is only a member of the management team. So I made it clear at the time that I would reappoint the staff. At the time, some people thought it was strange: they are the entrepreneurial boss, how can only give a division vice president? At the beginning, they are not used to it, but there is a process of reform."

"With or without my boss, I answer to the board."

After Huang Hongsheng's arrest in 2004, doesn't Zhang Xuebin have a boss? "No, the company always has a boss, the boss is the shareholder, the shareholder is the boss, as a professional manager, whether the boss is present or not, the work should be done well. For example, we set annual goals, we propose them, and the board approves them. If the board sees a problem with the target, it can adjust and communicate. So, whether the boss is there or not, I'm responsible to the board as a president, as a CEO."

And on April 1, 2007, Wang Dianfu retire, zhang xuebin in skyworth digital holdings chairman of the board, according to the position, said zhang xuebin, chairman of the board, is a convener of board of directors, to the company decision, the big, to in the board convened, form the resolution, the chairman is to do, it is the same with the boss is here or not, the boss is not around, With his proxy, the shareholders will vote. "The difference is that when he was there, he was in charge of the big strategy. Now that I'm there, I'm organizing things and I'm the lead person on the board, and I only have one vote on the board."

Short Story

About the Creator

Canaday Deleon

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