Guoping Huawei Rotating Chairman "Must Have Strong Sense of Crisis for Successful Digital Transformation"

[Asia Economy Reporter Eunmo Koo] "To succeed in digital transformation, it is necessary to reflect on how change and innovation enhance organizational competitiveness and what is needed to achieve strategic goals."

Guo Ping, Rotating Chairman of Huawei, stated in his keynote speech at the 13th Global Peter Drucker Forum held in Vienna, Austria on the 17th, that companies must strongly feel a sense of crisis to successfully drive digital transformation, and that motivating employees through fostering a spirit of challenge and establishing strategies necessary for achieving organizational goals is most important.

He said, "All companies will eventually undergo digital transformation," adding, "Some companies in the early stages of their digital transformation journey are simply following trends without clear strategic goals, which is concerning."

He explained that Huawei has been promoting IT strategy and planning for 20 years, strengthening research and development (R&D) investment, and focusing on product development and innovation in sustainable supply chains.

Chairman Guo Ping said, "Looking back, linking Huawei’s digitalization goals with the organization’s strategic objectives was an excellent choice," and "Through this, Huawei’s organizational capabilities have greatly improved, and leveraging continuous change programs as a foundation, it has grown into a global company."

He added, "Changing employees’ 'mindsets' was the biggest challenge but also the key to successful change," and "Urgency creates a sense of mission and acts as a catalyst for change."

Furthermore, he emphasized, "A sense of crisis is important," and said, "To help employees realize the necessity of change, they must be able to directly see the organization’s situation facing challenges," adding, "The current circumstances surrounding Huawei have become a perfect opportunity for a change atmosphere to take root."

He also said, "Countless technologies are developed and tested before a single technology like 5G becomes an industry standard," and "As Chairman Ren Zhengfei said, even if someone has walked a dead-end path in search of something, sharing this with others and guiding them to avoid repeating mistakes by taking different paths is also a success."

This content was produced with the assistance of AI translation services.