XinhuaBearingCo.,LtdPreparedfor:Dr.MargueriteSchneiderPreparedby:JieZhangHRM601Althoughthefactsinthiscasearebasedonobservationsfrommyfather’scompany,theyinnowaydescribeanytruehistoryofaparticularcompanyorperson.Thenames,factsandstoriesarefictitiousandIdonottakeresponsibilityforanyresemblancebetweenthestoriesandrealfacts.Background:Economicreformsintroducingmarketprinciplesbeganin1978andwerecarriedoutintwostages.Thefirststage,inthelate1970sandearly1980s,involvedthedecollectivizationofagriculture,theopeningupofthecountrytoforeigninvestment,andpermissionfortostart-upbusinesses.However,mostindustryremainedstate-owned.Thesecondstageofreform,inthelate1980sand1990s,involvedtheandofmuchstate-ownedindustryandtheliftingofpricecontrols,protectionistpolicies,andregulations,althoughinsectorssuchasbankingandpetroleumremained.In1985,onegreatpersonnamedXianfoundanewfactorycalledXinHua,locatedinShaoxinChina.Allthestaff,includingtheheadmanager,wereonlysixpersonjustlikeafamily.Theheadmanager’snamewasXian.Otheremployeesareallhisrelatives,includinghiswife,bothersandsisters.Theheadmanagerwasreallysmartandhard-working,butHisgreateststrengthsarehisdetermination,resilienceandmanhood.Atthebeginningofthesmallcompany,XiancouldnotgetenoughorderstoSupportthedevelopmentofenterprises,hehavetoacceptalltypesoforders,evenifthisorderhadnoprofit.Sometimes,Xianwanttogiveup,becausehedidnotwanthisrelativeshadahardlife.Hecouldfindasafe,securejobwithexcellentbenefitsatgovernment.Butthiskindjobisveryboring,whichXiandon’tlike.Finally,hisrelativessaid:”youcandowhateveryoulike,wewillsupportyouforever.”Afteroneyear,becauseofthepolicy,thegovernmentsupportsprivateenterprise.Xiangotagreatideathatworkwithtechnicalschool.XianfoundatechnicalschoolheadmasterMr.Xutotalkabouthisideas.Thetechnicalschoolshouldsupporthimmoneyandplace,heshouldsupportjobsandsharesbacktoschool.Thetwosmartpeoplegetadeal.Becauseofthiscooperation,thegooddaysbegan,XinHuaseizedthisopportunityandexpandthescaleofenterprises.Companyrecruitallkindsoftalentfromthetechnicalschooleveniftheyhadnotenoughexperiences.Justtwoyears,XinHuaalreadyemploys200peopleandhadabigfactory.Xian,whojusthavehighschooldegree,didnotknowhowtomanage200employee.Buthekneweverybodyshouldresponsiblefortheirmistakes,includinghimselfandhisrelatives.Inordertomakesureeveryoneknewthisrules,hefailedoneofsixfoundingmembershissister,whohadmakeabigmistakeresultincompanylossmorethanonehundredthousandRMB(thisisaverybidnumberinthattime).Followingtheenlargementofcompanyscope,thebusinessismoreandmorecomplicated,andthenumberofemployeesisencreasingfasttoo.Xianbecamemoreandmorebusy,Sohefelttootiredtomanagethisbigcompanyalone.Finally,heasktheotherfourfoundingmemberstohelphimmanagecompanyandtoldthemtoreporttohimmonthly.HisbothernamedYangwasresponsibleforthesalesandmarketingdepartment;hissmallbothernamedZhoumanagedaccounting;Yang’swifenamedYemanagedproductionandhisfriendZhangmanageemploymentdepartment.Bothofthemjusthadcompletedthemid-schoolwithterriblegrades.Ididnotbelievetheycouldmanageabigcompanygood.Unbelievable,theyfinishtheirjobsverygood.Afewmonthslater,ontheSpringFestivalperiod,everyonewasgladintheannualmeetingaftertheaccountantdeclaredtheannualprofitforthecompany.Xianfeltveryhappyandhealsothoughtaboutit’stimetoleavetechnicalschool,tostarthisownbusiness.Atnextyear,Xianreallydoit.Hemadeanewcomp...
