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Built on value: the Huawei philosophy of finance management
Kategorie Beschreibung
036aXB-SG
037beng
077a1667229311 Erscheint auch als (Druck-Ausgabe): ‡Huang, Weiwei: Built on value
087q978-981-13-7506-4
087s$aOpen Access
100 Huang, Weiwei ¬[VerfasserIn]¬
331 Built on value
335 the Huawei philosophy of finance management
410 Singapore
412 Palgrave Macmillan
425 2019
425a2019
433 1 Online-Ressource (XXXVI, 456 p)
451bSpringer eBooks. Business and Management
527 Erscheint auch als (Druck-Ausgabe)ISBN: 978-981-13-7506-4
527 Erscheint auch als (Druck-Ausgabe): ‡Huang, Weiwei: Built on value
540aISBN 978-981-13-7507-1
700 |KJM
700 |KJM
700 |BUS041000
700b|658
700c|HD28-HD70
750 1. Huawei's Business Goal -- 2. Huawei's Competition Strategy - A Financial Perspective -- 3. Remaining Flexible to Seize Opportunities amidst Uncertainties -- 4. Enhancing Core Competencies through Strategic Mergers and Acquisitions and Corporate Venture Capital Investment -- 5. Strengthening Risk Control and Compliance Management -- 6. Finding the Right Amount of Openness, Compromise, and Huidu, and Properly Balancing Expansion and Control -- 7. Guidelines for Value Management -- 8. Financial Management Throughout End-to-End Business Processes -- 9. Project Financial Management -- 10. Optimizing the Management Control System for Responsibility Centers -- 11. Developing a Better Planning, Budgeting, and Accounting System -- 12. Service and Oversight Functions of Accounting -- 13. Treasury Management -- 14. Tax Management -- 15. Internal Controls and Internal Audit -- 16. Digital Financial Management -- 17. Making Financial Management Process-based and Professional
753 This book presents the concept of value as the central component to success and longevity of the global ICT industry player, Huawei. It provides examples of how Huawei focuses on customers to pursue sustainable and profitable growth rather than focusing on capital market valuation, which is a familiar scenario among Western companies. It is the business departments that are the creators of value for Huawei, whereas the finance department is tasked to provide support and services to those business departments and oversee their operations during the value creation process. The book illustrates how Huawei Finance sets rules, allocates resources, and builds centers of expertise all over the world to address future uncertainties. More than a decade ago Huawei dedicated seven years to implement the Integrated Financial Services (IFS) Transformation Program with the help of IBM consultants. This book also draws on the leading concepts and successful experience of the IFS Transformation Program. Huawei Finance adopts three types of centralized vertical management from the top down: treasury, accounting, and auditing. It does not transfer such central authority down to lower levels, but rather delegates all other authority to business organizations across all levels. This management model represents the focus of this book. Built on Value provides an overview of Huawei's finance management and will help academic researchers in Business/Management, as well as practitioners in industry, gain an accurate and in-depth understanding of Huawei as a company. Weiwei Huang is a professor at the School of Business, Renmin University, and previously headed the Business School's Department of Management Science and Engineering. He received his Master's Degree in Economics from the Industrial Economics Department of Renmin University of China. He is also a visiting scholar at the Desautels Faculty of Management at McGill University, the Ivey Business School at the University of Western Ontario, and the University at Buffalo School of Management
902s 209023279 Management
902s 209176709 Betriebswirtschaftslehre
902s 209566647 Strategisches Management
902s 210134054 Wettbewerbsstrategie
902s 211333123 Telekommunikationsindustrie
902s 20912346X China <Motiv>
012 1668643146
081 Built on Value
100 Springer E-Book
125aElektronischer Volltext - Campuslizenz
655e$uhttps://doi.org/10.1007/978-981-13-7507-1
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