Today, Thinkers50 is announcing a new partnership with the Haier Model Research Institute to establish the European Rendanheyi Research Centre.
Rendanheyi – a Chinese word which fuses the words for employee and user value – is the highly innovative management model used by Haier. It has been featured in the Harvard Business Review, as a case study in business schools worldwide, and in books by Bill Fischer, Gary Hamel, and others.
“We are thrilled to further develop our long standing collaboration with Haier,” says Thinkers50 cofounder Stuart Crainer. “In the past, we exclusively looked for management best practice in western enterprises. Now, we also draw wisdom from eastern enterprises. Rendanheyi is an innovative model for the IoT era. With its emphasis on giving people responsibility, using technology to eliminate distance to consumers, and developing mutually beneficial ecosystems, we have long believed that Redanheyi is as important as it is innovative. This was the key reason we awarded the Thinkers50 Ideas into Practice Award to Haier CEO Zhang Ruimin in 2015.”