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In the past ten years of sharpening and stirring, Weichai has become a landmark enterprise in China's internal combustion engine industry. There are too many articles to analyze, interpret, and predict the legend of Weichai in the market. From three perspectives of concentricity, innovation, and harmony, this paper uses the perspective of an “outsider†to tell the story of an ordinary person. The story, in order to restore the true internal world of Weichai behind the legend.
2008 is the tenth year in which Weichai has reached the bottom, sustained rapid development, and maintained its industry leadership. In the ten years, a large loss-making industry and an old state-owned enterprise on the verge of bankruptcy became a modern enterprise that has begun to develop internationally.
In the eyes of the people, Weichai is an economic entity with extraordinary market insight and resilience, full of competitive vitality, and rising sales revenue. Its business leaders who are highly competitive, unsatisfied, and innovate have become China's leaders. The typical symbol of a new generation of entrepreneurs after the reform and opening up.
What outsiders see is the brilliant performance of Weichai, and the Weichai people feel that they have experienced tremendous changes in the company. In their eyes, the changes in Weichai in recent years are the visible and tangible aspects of every family's "Ken Lanzi". They are growing step by step and down-to-earth. More and more are families of Weichai families.
Through interviews, the reporter noted that in a series of heart-warping changes over the past decade, Weichai has maintained an unusual phenomenon: the stability of management is beyond imagination, and there has been no case of high-level job-hopping.
In contemporary China where talent flows, social changes, and transitions intensify, pursuing the expression and development of individual values ​​is the first choice for most people to choose their careers. How do we align corporate values ​​with employees' individual values? How does Weichai manage such cohesion? In this regard, weichai people have their own arguments.
The seeds of a concentric culture
Wang Yanlei This fast-talking Shandong Dahan has been working in Weichai for more than 20 years. With Weichai growing from a local diesel engine plant to a powertrain group for transnational operations, Wang Yanlei also grew from an apprentice worker to deputy director of the Weichai 615 plant. Talking about Qi Cai and talking about his own growth, Wang Yanlei's eyes flashed bright. He could not forget the days of ten years ago.
At noon in June 1998, Wang Yanlei remembered clearly that the day was hot and hot. Weichai held a factory-wide employee meeting that was still unforgettable for many years and was the first time that Tan Xuguang, who had been appointed as the director of the Weichai plant, gave a speech.
Tan Xuguang promised at the meeting that Weichai will pay monthly wages in the future! Employees who have not received wages for half a year have heard this statement. Surprisingly, they immediately reported their warm applause.
Paying monthly wages is a simple but normal behavior of a company. However, in the past, Weichai was a feat that made listeners move and the parties were tempted. After years of losses, the company can be said to be deadly. At that time, it was said that Weichai only had a few tens of thousands of books on its books. It can be said that it is the entire family of 14,000 employees, and the debt is more than 300 million yuan. This old state-owned enterprise, which has a history of 60 years, many workers and staff members have been working for Weichai for several generations. There is no income for the family for half a year. The difficulties of living can be imagined. Some of the employees even started to spread their livelihoods.
In the suspicion and expectation of all factory workers, Tan Xuguang took office only nine days. Weichai factory staff received a replacement for two months of wages. Every month afterwards, the workers got their living money on time. At the end of 1998, Weichai Qing repaid all wages owed to employees for several years.
Weichai workers and other workers came to their leadership team and told everyone that they were "satisfied." Since then, Weichai has gradually emerged from the trough, and China’s internal combustion engine industry has ushered in the dominant era of Weichai.
After many years, all the employees who have experienced these days personally have referred to this matter and are still emotional. The new leadership team took employee benefits as a down-to-earth style for the company to do practical things, ignited the hope of the Weichai people, and won the hearts of all employees. Weichai employees said that the achievements of the past decade show that the selection and efforts of the year were not wrong. Today's Weichai is a company that people can take pride in.
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