The late Intel chairman Andrew S. Grove felt that the Chinese have an almost innate creativity when it comes to wealth, but they seemed to lack enthusiasm and concern in the operation of organizations. From the beginning of his company’s growth, the Haier CEO Zhang Ruimin's focus was not only on advanced technology, but on finding suitable methods for the management of Chinese enterprises.

Beginning from assembly line management, Zhang learned Taylorism, and created what is known as ‘OEC Management’. O stands for Overall, E for Everyone, Everything, Every day, and C for Control and Clear. To summarize . . .