Digital innovation management: What is the secret to success in Silicon Valley?

Why can’t China surpass Silicon Valley yet? What is the secret of Silicon Valley’s success?

The reason why Silicon Valley is successful is because of "rebellion", and whether China can surpass Silicon Valley depends on its management model. In the new digital era, if Chinese companies want to stand out and achieve a comeback, they must learn to update and iterate their own management models.

Wu Jun once said: "Whether it is a person, a university, or a region, you must not lose yourself. Finding the path that best suits you is the right path to growth and progress."

< p> This sentence is appropriate for an individual, but it is also appropriate for a country.

How will China develop in the future? What challenges will Chinese companies face? This series of questions; "Can China surpass Silicon Valley?" The book "Management Innovation in the Digital Age" will analyze it one by one.

The author of this book is Dr. Annika Staiber, an international authority in the field of management in the digital age. She has more than 18 years of experience as a high-tech company executive and has written many books on entrepreneurship and management. books.

This book elaborates on the theme of this book from three aspects: the characteristics and management model of Silicon Valley, the characteristics and management model of Chinese enterprises, and the comparison between the two.

Finally, the book does not give specific answers to the questions, but only elaborates on the current situation and the author's thoughts and opinions. The answer to the question still needs to be discovered by the readers themselves.

The answer is yes! It is only a matter of time before China surpasses the United States. Putin recently predicted that China will surpass the United States and become the world's largest economy in 2030 or 2050.

What Putin said has a certain theoretical basis. We first need to know a big background: Since the 1980s, when China implemented a market economy, one operation that Chinese companies have been conducting is "adaptive innovation."

That is to say, by imitating excellent foreign business management models, then iteratively updating them, and internalizing them into its own set of business management models.

China has experienced three major stages of change. Although the road to learning is very bumpy, China has not been deterred by this, but has developed particularly rapidly in the technological field.

For example, infrastructure construction represented by high-speed railway networks. 2022 will be a turning year for the integration of "innovation" and "mechanism". Let us wait and see and wait for new changes in China.

Management guru Mr. Drucker said that the essence of an entrepreneur is purposeful, organized and systematic innovation. Only innovation can make an enterprise basically evergreen.

The author said in this book that the world today is full of uncertainty and changes, and managing amidst changes is the key, so companies need "dynamic capabilities."

The representation of a company with dynamic capabilities must first be people-centered, and the corporate culture encourages and rewards innovation.

When Baidu and Xiaomi recruit employees, many positions will include: Have an innovative spirit, dare to challenge and be willing to challenge, be outgoing and independent thinker.

Jack Ma said the secret of Alibaba’s success is that women account for half of the company.

Women bring knowledge, networks and skills, take fewer unnecessary risks, and are more inclined to contribute to businesses in ways that make their teams and organizations better, a study shows Make a contribution.

Ma Huateng said: "For Tencent, business and funds are not the most important. Business can be expanded and replaced, funds can be attracted and deployed, only talents cannot be easily replaced, and talents are the most important thing for Tencent." precious treasure".

1. The management principles and practices adopted by excellent companies are highly consistent with best management practices, which is called the Silicon Valley model.

2. Companies that adopt the Silicon Valley management model have a flat, quick-action organizational structure. Align work and employees through strong shared values, clear vision and personal quarterly key goals, with a high degree of automation in information processing. We not only focus on work skills, but also value the innovative spirit of our employees.

3. You must have adaptive qualities, have the subjective willingness to change your personal behavior, and have the ability to learn, digest, and absorb new thinking patterns.

The theme of the world is: change. The only constant is that the world is always changing.

In the rapidly developing digital era, many managers hope to create dreams and goals, and more and more companies hope to create more dynamic companies.

Only by constantly trying, iterating, innovating and surpassing oneself is the most effective way for enterprises to respond to changing conditions and environments, in order to maximize the value of the enterprise.