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Chinese Journal of Management
2019 Vol.16 Issue.12
Published 2019-12-01
1739
Activating Enterprise Vitality and Building Management Tools Driven by Business Model Innovations—— Management Thoughts of Zhang Ruimin, CEO and Founder of Haier Group
WANG Ziyang，WEI Wei，ZHU Wuxiang
By fully understanding the management challenges that Haier Group faced at different stages of development, this paper adopts the longitudinal case study method, sorts out the evolutionary development of Haier’s business model and management tools, and refines the management thoughts of Zhang Ruimin. The research finds that Zhang Ruimin reformed the business models and invented various practicable management tools to deal with the core management problem “Activating Enterprise Vitality” in different forms. Such innovation promotes and consolidates the management philosophy “Organizational agility” and “Creating value in the ecosystem”. The new perspective of “mutual guidance between business model upgrade and management tool innovation” is conducive to getting an in-depth understanding of the logic in Haier’s management reform. It also provides a paradigm for Chinese enterprises facing a competitive landscape that is changing rapidly all the time.
2019 Vol. 16 (12): 1739- [
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1751
A Study of Intergenerational Differences of Chinese Employees Based on Two Years of Achieving Styles Data
ZHAO Yixuan，ZHAO Shuming，XU Yunfei
Based on the characteristics of the four development stages of China’s human resources management since the reform and opening up as well as the achieving styles model and theory, this study explored and analyzed the characteristics of achieving styles and intergenerational differences between millennial employees and generation X employees from the perspective of organizational socialization theory and life course theory. By analyzing and comparing the data on Chinese employees’ achieving styles over the past two decades, this study found that, compared with generation X employees, the competitive behavior of post-80s and post-90s employees in China was gradually weakened, while their dependent and cooperative behaviors were strengthened. This study helps human resource managers to predict the behavioral orientation of millennial employees through the achieving styles model, as well as provides new perspectives and countermeasures for human resource managers to manage and motivate millennial employees.
2019 Vol. 16 (12): 1751- [
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1761
Informal Organizational Cultural Thinking Model Based on Chinese Subcultural Personality
ZHOU Jianbo，WANG Zhihong，MA Jun，ZHOU Guolin，WU Gang
Chinese culture is profound with its deep structure. Based on assumptions about personality in psychology, and from the view of culture personality, deep mechanism of China’s subculture and informal organization culture is explored, and the small self level of China’s subculture personality model between Id and ego is deduced with character of benefit-oriented, family-oriented and relation-oriented. On the contrary, Chin’s primary culture personality model between ego and superego is giant self level characterized by benevolence-oriented, giving-oriented (group-oriented) and dedication-oriented (country-oriented). Based on personality consciousness of central figure or core micro community, and taking close relationship between benefit-oriented, family-oriented and relation-oriented as the core, informal organization culture thinking in China becomes the pattern of subculture. Therefore, the subculture of informal organizations is an exogenous culture in the environment and roots in organization structure, and can influence subconscious hypothesis and mode of thinking, even organizational structure trend and strategic orientation.
2019 Vol. 16 (12): 1761- [
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1771
An Empirical Study on Second-Generation Succession Mode Based on the Perspective of Authority Transformation
ZOU Likai，LIANG Qiang，WANG Bo
Based on the perspective of authority transformation, the succession mode is divided into gradual succession and radical succession, and the sample of listed Chinese family firms from 2004 to 2017 is used for empirical test. The study found that the spread of ownership authority, the prestige of family authority and the charisma authority of first-generation of business owners all contribute to the trend of gradual succession. In the ownership authority system, the more concentrated the proportion of family ownership, the more it is inclined to adopt gradual succession. In the family authority system, the higher the proportion of family executives and directors, the more it is likely that they are to adopt gradual succession. In the charming authority system, the political status and industry status of business owners also significantly increase the possibility of arranging the gradual succession of the second generation children. Further research found that different succession models lead to differences in corporate strategic orientation. Compared with the radical succession, the gradual succession of family business has a longer-term orientation.
2019 Vol. 16 (12): 1771- [
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1781
Research on the Influence of Surname Sharing on Managerial Perk Consumption
LIU Chao，RUAN Yongping，LIU Yihua
Basing on the co-origin notion behind the same surname culture, this study examines the impact and mechanism of the surname shanring on managerial perk consumption. The results show that, if chairman and CEO have the same surname, the managerial perk consumption is significantly lower. The inhibition effect becomes stronger when the same family name types of chairman and CEO are more special. The restraint effect of surname consistency on perk consumption exists only in private enterprises, and the impact on state-owned enterprises is not obvious. Further study shows that the same surname can reduce the level of cash holdings that management can discretion and to alleviate the degree of information asymmetry of the company. In addition,the same family name still have a binding effect on excess perk consumption. The impact of foreign cultures can hinder the governance effect of surname consistency on perk consumption.
2019 Vol. 16 (12): 1781- [
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1790
The Relationship of Market Orientation, Iterative Innovation and New Product Development
LI Quansheng，SU Qin
Based on resource-based theory, this study explored how different market orientations influence new product development through the intermediary role of iterative innovation, and the different moderating effect of absorbed slack resources and unabsorbed slack resources. Results from 316 sample data of domestic manufacturing enterprises show that: ①compared with the responsive market orientation, proactive market orientation has a stronger promoting effect on new product development; ②enterprises with proactive market orientation are more inclined to improve the level of new product development through continuous improvement of iterative innovation. While enterprises with responsive market orientation are more inclined to improve the level of new product development by rapid trial and error of iterative innovation; ③unabsorbed slack resources will strengthen the relationship between proactive market orientation and new product development through continuous improvement of iterative innovation; ④absorbed slack resources will strengthen the relationship between responsive market orientation and new product development through rapid trial and error of iterative innovation. It will weaken the relationship between proactive market orientation and new product development through continuous improvement of iterative innovation.
2019 Vol. 16 (12): 1790- [
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1800
Ownership, Intellectual Property Litigation Ability and Firm Innovation
XU Ke，ZHANG Yafeng，LIU Haibo
Intellectual property (IP) is a key reflection of a firm’s innovation ability, and also an important mechanism in profiting from innovation. With the data of civil IP infringing litigations judged by the courts in Shenzhen during 2014-2016, this study explores the relationship among ownership, IP litigation, and firm innovation, using the methods of Logit and Tobit regressions. The results show that state-owned enterprises (SOEs) do not perform good, indicating their weakness in innovation ability. To the opposite, the foreign capital, Hong Kong, Macau and Taiwan enterprises (FHMTs) behave good, showing their higher innovation ability. As a result, it is suggested that SOEs should improve their internal incentive system and IP utilization ability, and pay more attention to the use and protection of innovations.
2019 Vol. 16 (12): 1800- [
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1809
The Peer Effect of Corporate Innovation in Social Network
FENG Gejian，WANG Jianqiong
Based on a sample of listed companies in China during the period 2009 to 2016, this study empirically tests whether corporate innovation activities (both R&D investment and patent output) have social network peer effect, and examines the impact of corporate social network characteristic on peer effect intensity. The results show that corporate innovation is positively affected by the peer firms’ innovation in the social network, and corporate innovation has social network peer effect. After excluding the peer effect in the same region and industry, social network peer effect of corporate innovation still exists significantly. The institutional environment has a negative moderating effect on the social network peer effect of corporate innovation. Corporate innovation activities have a stronger social network peer effect in areas with poor institutional environment. The corporate network centrality is negatively related to the peer difference of R&D investment and patent output, and positively related to the peer effect intensity of corporate innovation.
2019 Vol. 16 (12): 1809- [
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1820
Corporate Social Responsibility, Shareholder Resources and Actual Corporate Control of the Founder
XU Jinhua，DAI Yuanyuan，LI Shanmin
Using exploratory case study methods, this study takes NVC lighting as the research object and explores the impact of corporate social responsibility on the acquisition and maintenance of corporate control, then the theoretical framework of how corporate social responsibility affects corporate control is constructed and verified. Conclusions indicate the followings:①The “total amount”of shareholder resources is the decisive factor of the ultimate ownership of corporate control; ②The fulfillment of social responsibility can maintain the stability of the founder’s corporate control, and help the founder gain corporate control in the dispute of control rights; ③Social capital plays a “bridge”role in the relationship between social responsibility and corporate control; ④The mechanism of corporate social responsibility’s influence on corporate control is also restricted by institutional factors and the influence of corporate social responsibility on corporate control is different with changes in institutional factors.
2019 Vol. 16 (12): 1820- [
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1830
Evaluating Supplier Corporate Social Responsibility Using an Extended ITL-VIKOR Method
YOU Xiaoyue，LEI Xinghui，MAO Renjie，YANG Miying
ECO system is a supplier evaluation system utilized by the German chemical industry to assess suppliers’corporate social responsibility. In order to overcome the defects in data collecting and processing, an extended model was developed by integrating interval 2-tuple linguistic variables, analytic hierarchy process, and VIKOR method. The model can optimize the expert evaluation, weight formulation and calculation process. Results show that: (1) multi-criteria decision-making models that are widely used to solve supplier selection problems can be applied for comparison on corporate social responsibility performance as well; (2) the proposed extended model provides precise evaluation results and rankings with accurate and complete information; (3) the evaluation results of corporate social responsibility supports companies in managing and selecting sustainable suppliers.
2019 Vol. 16 (12): 1830- [
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1841
Study on the Influencing Factors and Mechanism of Production of Carbon-Dependent Enterprises
TANG Honglei，XIAO Hanjie，WEI Zhen
For the carbon footprint of enterprise production activities, this study analyzes the problem of carbon-emission-dependent enterprises, such as steel production enterprises, under the condition of carbon emission credit permits and trading policy, and establishes a mathematical model to quantitatively discuss the influence of the carbon emission credit quota, carbon emission credit transaction price and other factors on the enterprise economic production volume. The results show that when carbon emission credit are traded, the price of carbon emission credit trading and the level of carbon emission purification treatment will affect the production decision of enterprises. The level of carbon emission purification treatment is not only a constraint, but also a way for enterprises to increase profits. Carbon emission credit quota and trading policy can promote the control of total carbon emissions.
2019 Vol. 16 (12): 1841- [
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1847
Cooperation Strategy for Supply Chain with Add-on Service in O2O Model
ZHANG Xumei，ZHENG Yanwen，LI Mengli
This study considers an O2O supply chain consisting of an offline service provider and an online platform, where the service provider sells a basic service through the platform while sells an add-on service directly through its physical store. The game model is proposed in this study, and the optimal decisions of supply chain members under wholesale and agency mode are analyzed respectively. Further, the optimal cooperation strategy of the online platform is analyzed. The results show that, under different modes, add-on service has different influences on the online platform’s optimal profits. On the online platform, a higher commission rate doesn’t always lead to a higher profit under the agency mode. When the proportion of consumers who purchase the add-on service is very high, the cost to provide the add-on service is low, the online platform will still choose the wholesale mode even though the commission rate is very high.
2019 Vol. 16 (12): 1847- [
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1854
Consumers’ Heterogeneous Preference, Product Line Pricing Strategy Identification and Its Effect
ZHAO Weiguang，LI Kai
Based on the data of China’s passenger car market, using the frontier method of empirical industry organization, this study explores how to accurately identify consumer preference heterogeneity and optimize product line pricing. The study finds that: Chinese consumers have a random preference for vehicle performance. Neglecting this feature can lead to mistakes in the pricing decisions of the enterprise. After considering differences in consumer preferences and differences in corporate costs, vehicle manufacturers have used product lines for price discrimination. Counterfactual simulations show that although the single-car pricing strategy can effectively reduce the average price, but compared with the product line discrimination, corporate profits and overall market sales have decreased significantly. The current product line discrimination is optimal strategy, prohibiting discriminatory pricing will damage the overall welfare of the society.
2019 Vol. 16 (12): 1854- [
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1864
The Impact of Money-Back Guarantees on Brand Differentiated Competitive Supply Chain
JIN Liang，ZHU Li，ZHENG Benrong
In the supply chain consisting of two heterogeneous manufacturers with brand differentiation and an online retailers, the consumers’preference for brand-differentiated products and the possible behavior of consumer returns are considered in this study. Two benchmark models with or without a money-back guarantee are established, respectively. Moreover, the impacts of money-back guarantee and brand differentiation competition on supply chain equilibria are analyzed. The results show that, the existence of a money-back guarantee induces the adjustment of pricing strategies of both manufacturers and the retailer. The money-back guarantee benefits both manufacturers and the online retailer only if the satisfaction degree of consumers and the cost of returning products meet certain conditions. Under the brand differentiation strategy, according to the net residual value of returned products, high-end brand manufacturers and online retailers strategically adjust their pricing strategies. However, the competition of brand differentiation is always beneficial to online retailer, while uncertainty exists in its influence on the profit of a manufacturer with a high-end brand.
2019 Vol. 16 (12): 1864- [
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1873
A Research Review on Group Marketing
SHOU Zhigang，JIAN Peiru，XIA Qinying
By reviewing the literature in 45 marketing and management journals in English and Chinese, this study finds that extant literature on group marketing focuses on the issues of word-of-mouth, brand community, and group buying, and discusses three kinds of group influence mechanism, namely, information transfer, social identification, and economical constraint. Meanwhile, the current literature emphasizes the role of group influence in consumer market, but neglects the group marketing in the context of industrial market. And thus, the future research should explore the value from group influence mechanism in industrial market.
2019 Vol. 16 (12): 1873- [
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1880
Leader Humor: A Literature Review and Prospects on Chinese Contextualization Research
PENG Wei，MA Yue，CHEN Jiaxian
Based on relevant Chinese and western research, this study uses knowledge mapping technology to summarize the origin, core issues, hot topics and development progress of leader humor, and propose an integrative research framework. Meanwhile, through an overall review of domestic literature, this study finds the need to improve domestic research in terms of indigenous compatibility. Thus that, combined with the Chinese institutional and cultural context, this study points out the future direction of study on leader humor in Chinese context which provides reference for promoting indigenous study on leader humor.
2019 Vol. 16 (12): 1880- [
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