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Zhang Ruimin's Top Book Recommendations

Want to know what books Zhang Ruimin recommends on their reading list? We've researched interviews, social media posts, podcasts, and articles to build a comprehensive list of Zhang Ruimin's favorite book recommendations of all time.

1
2017 Reprint of 1939 First Edition. Volume One Only. Volume Two published separately by Martino Fine Books ISBN 978-1-68422-065-6. Full facsimile of the original edition, not reproduced with Optical Recognition Software. Schumpeter is without doubt one of the most influential economists of the 20th century. "Business Cycles" [1939] is considered his great work. We reprint the first edition published in 1939 in two volumes. In "Business Cycles" Schumpeter focuses powerfully on the historical role of technological innovation in accounting for the high degree of instability in capitalists... more
Recommended by Jack Ma, Zhang Ruimin, and 2 others.

Zhang RuiminRuimin mentions Schumpeter's classic in the course of explaining Haier's philosophy on innovation. In a sentence, Ruimin says, that philosophy is: "Never follow only a single road." Diving deeper, Ruimin refers to Schumpeter's definition of innovation in Business Cycles: "The reorganization of the factors of production." Here's what that means, from Ruimin's perspective: Generally speaking, your... (Source)

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2
We think Chris Anderson is onto something big with 'The Long Tail', a groundbreaking look at a well-known feature of statistical distribution and its potential to revolutionize business. 'Wired' magazine editor Anderson expands his influential 2004 article into a comprehensive exploration of this phenomenon -- which, simply stated, holds that products with low demand or sales volume can collectively comprise a market that exceeds the bestsellers. Catering to the tastes and expectations of consumers increasingly disenchanted with the same old thing, these new "niches" provide limitless... more

Michael HerrmannVery fitting for the internet today. We see niches form inside niches and as entrepreneurs it's important to be aware (and make use) of that fact. (Source)

Bogdana ButnarI don't have favourite books. I equate a favourite something with wanting to do it over and over again and I've never wanted to read a book too many times. I have favourite authors and I have books that changed me in significant ways because they moved me or taught me something or changed my view of the world. So, here's some of those books... (Source)

Zhang RuiminIn a 2009 interview with Knowledge@Wharton, he explained how Anderson's ideas were helping Haier transition from traditional manufacturer to information-based service provider. (Source)

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3
A revelatory examination of how the wildfirelike spread of new forms of social interaction enabled by technology is changing the way humans form groups and exist within them, with profound long-term economic and social effects-for good and for ill
A handful of kite hobbyists scattered around the world find each other online and collaborate on the most radical improvement in kite design in decades. A midwestern professor of Middle Eastern history starts a blog after 9/11 that becomes essential reading for journalists covering the Iraq war. Activists use the Internet and e-mail to...
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Recommended by Jack Ma, Seth Godin, Tyler Cowen, and 9 others.

Tyler CowenIf you had to pick one individual who was the sharpest and most prescient commentator on the web and the internet it would be Clay. (Source)

Lev GrossmanShirky is simply the best person at articulating what’s very weird and new about what’s going on. (Source)

Alan Rusbridger Read 2 We the Media by Dan Gillmor Read (Source)

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4
Wired magazine editor and bestselling author Chris Anderson takes you to the front lines of a new industrial revolution as today’s entrepreneurs, using open source design and 3-D printing, bring manufacturing to the desktop.  In an age of custom-fabricated, do-it-yourself product design and creation, the collective potential of a million garage tinkerers and enthusiasts is about to be unleashed, driving a resurgence of American manufacturing.  A generation of “Makers” using the Web’s innovation model will help drive the next big wave in the global economy, as the new technologies of... more
Recommended by Jack Ma, Zhang Ruimin, and 2 others.

Zhang RuiminRuimin names Anderson's books in response to a question about the management theories which have most influenced Haier's current direction. (Source)

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5

Built to Last

Successful Habits of Visionary Companies

"This is not a book about charismatic visionary leaders. It is not about visionary product concepts or visionary products or visionary market insights. Nor is it about just having a corporate vision. This is a book about something far more important, enduring, and substantial. This is a book about visionary companies." So write Jim Collins and Jerry Porras in this groundbreaking book that shatters myths, provides new insights, and gives practical guidance to those who would like to build landmark companies that stand the test of time.

Drawing upon a six-year research project at the...
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Jeff Bezosrecommends this book because it shows how to create a long lasting company. (Source)

Tim O'ReillyBuilt to Last, by James Collins and Jerry Porras. The idea here is that great companies aren't afraid to have strong values. In fact, their cult-like values are what make them stand out from the norm. (Source)

Alden MillsBuilt to Last focused my daydreaming mind into what it takes to build truly great companies. (Source)

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