Group portfolio Research Paper Example | Topics and Well Written Essays - 500 words

Group portfolio - question Paper ExampleHowever, the administration sticks to its beliefs that successful companies move with the time while still devoting to developing a healthy and dynamic enterprise.One of the core cultural values that Haier group has is the rights and wrongs sense whereby the product users argon considered always to be right while the company take in to regularly improve itself (Sprague, 2002). The culture acts as the driving force, hence forming value for the customers the employees work their best to meet the customers needs in addition to generating a wide variety of choices that they can choose from. The workforce has a mind-set, whereby, they feel the need to persistently advance themselves, which they perceive to be the only way they can continually refuse, dare and trounce themselves in order to realize their innovative character through change. The organization, in addition, has an adaptive culture that has light-emitting diode to its growth, whereby it maintains its pace with the social growth while maintaining an awareness of any changes occuring in the world. Its innovative character enables the unfaltering to uphold a competitive benefit in the ever-changing market. That is to say, the more radical the world changes the speedy the speed of customers variation, hence, the more lasting the inheritance turns out to be (Lin, 2005).In addition, the organization has employed the concept of two spirits, innovation and entrepreneurship, which are considered to be the genes for the companys consistent culture. The genes plug that all members of the workforce maintain their value in addition to guiding them in their individual development. It is overly mandated for every employee to rush the entrepreneurship and innovation spirits. Entrepreneurship is considered to be the spirit of pioneering work in which the company persuades all employees to have it (Yi, Jinsheng and Xian, 2002). They are encouraged to transform from being