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The Temporal Leadership Behind the Xiaomi Business Model: A Case Study of Xiaomi Company |
GAO Ziyin,SONG Jiwen,OUYANG Linyi,ZHANG Mingtai |
1. Renmin University of China, Beijing, China; 2. Hong Kong Polytechnic University, Hong Kong, China |
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Abstract Using case analysis method, this study explored the Xiaomi Company’s temporal leadership in obtaining sustainable competitive advantage and dynamic capabilities through the analysis of Xiaomi business model, especially in the context of dynamic market environment and emerging information technologies. The findings showed that Xiaomi Company built sustainable competitive advantage and evolved dynamic capabilities through internal efficiency enhancement as well as external opportunities entrainment, wherein Xiaomi Company shows the typical pattern of temporal leadership style. Taking the internal and external time dimensions into consideration, this study enriched and developed the extant temporal leadership framework and analyzed managerial practice of Xiaomi Company through the lens of temporal enactments (including structural adjustment, process optimization, goal setting, milestone setting. etc.), temporal construal (including time urgency, rhythm and style, time attitude, time perspective) and external temporal situational factors (including multiple time frames, entrainment, external time window, vision) in three development stages, extracting temporal leadership theoretical model.
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Received: 20 September 2019
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