Family Management: Freedom In America And Shackles In China?

Recently, the "China private (private) Economic Research Seminar - family business heritage and Education Committee investigation and discussion forum" was held in Yingbin Hotel, Quanzhou, Fujian.

From the five Bureau of the central United Front Work Department (bureau of Economic Affairs), Qi Jianmei, Deputy Secretary General of the China National Federation of industry and commerce, vice president and Permanent Secretary General of the Chinese people's (private) Business Research Association, Wang Zhongming, the leaders of the China private and private economy Research Association, the family business heritage and Education Committee, and the representatives of young entrepreneurs in Fujian attended the forum.

China "

Family management: freedom in America and shackles in China?

In the historical process of China's reform and opening up, Quanzhou is a city with special symbolic significance. A large number of private enterprises are born in the tide of reform and opening up and are maturing and growing under the guidance of national policies. In a sense, Quanzhou's private and private enterprises arouse the future of the Chinese nation from the grassroots level.

Today, Quanzhou has become the brand base of sports equipment, and is also an industrial city widely gathered by family businesses.

According to the Fortune 500 companies selected by the fortune magazine, most of the listed companies are family businesses, while family holding companies are more than half of those listed in the US.

However, in China, family enterprises often have various management malpractices to restrict the development of enterprises.

Looking forward to the next 5 to 10 years, Chinese family businesses are in a new stage of development. They are faced with a series of challenges such as new and old alternation and enterprise handover. They are faced with the problems of how to carry out management innovation, merge the governance structure of modern enterprise system, realize the second generation education and the smooth succession of family businesses.

In this regard, the leaders, guests and PEAK conducted extensive and in-depth research, discussion and investigation.

Xu Jingnan, chairman of PEAK group, also discussed how to form and maintain a healthy and scientific development mode for family businesses with the example of PEAK.

Long term development: democratic reform and scientific management

At the meeting, Xu Jingnan, chairman of PEAK group, described the process of PEAK's property right from blurred, dispersed to clear and centralized according to PEAK's example.

At the same time, he also pointed out that private enterprises have now become the main force of social progress, and enterprises should change themselves and enhance their value at the right time.

Faced with potential and disadvantages, family businesses should face up to their strengths and weaknesses and foster strengths and circumvent weaknesses. On the basis of maintaining and consolidating their core competitiveness, they should look for and nurture the new growth points of the core competitiveness of enterprises. In view of their foresight and maneuverability in setting strategic goals, they can avoid confusion in business and enable enterprises to develop healthily.

PEAK put forward an international brand from 91 years. It is precisely because the future market is the consideration of the brand world.

Today, most of the team resources include FIBA, WTA, NBA and so on.

Of the 8 teams sponsored by Chinese enterprises in the world championships, PEAK has widened 6 teams, of which PEAK sponsored Serbia beat the defending champion to the top four.

It is understood that the PEAK group was founded by Xu Jingnan, chairman of the board. At present, the eldest son, Xu Zhihua, is the chief executive of PEAK sports. He is committed to PEAK's brand promotion and focuses on building the first brand of Chinese basketball equipment.

The second son, Xu Zhida, is the chief operating officer of PEAK sports. After entering PEAK, he is responsible for the development of the market and the construction of the channel.

According to PEAK's first half performance report in 2010, the company achieved a net profit of 347 million yuan in the six months ended June 30, 2010, an increase of 29.6% over the same period in 2009 and a net profit margin of 19.2%.