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Built on Value - The Huawei Philosophy of Finance Management (Paperback, 1st ed. 2019)
Loot Price: R1,518
Discovery Miles 15 180
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Built on Value - The Huawei Philosophy of Finance Management (Paperback, 1st ed. 2019)
Expected to ship within 10 - 15 working days
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This book is open access under a CC BY-NC-ND 4.0 license. 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, while the finance department is tasked to provide
support and services to those business departments 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 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, an accurate and in-depth understanding
of Huawei as a company.
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