Innovation is a problem that almost every "entrepreneurship book" must be discussed, but different people have different opinions. Some people are more cautious, while others are more radical. Moreover, in different periods of entrepreneurship, with the deepening of innovation awareness, people's pursuit of innovation is also different. Huawei has attached great importance to innovation since its inception. Very early, Ren Zhengfei put forward the view that "not innovating is the biggest risk". He believes that innovation is the soul of an enterprise and the embodiment of 's core competitiveness . Ren Zhengfei’s emphasis on innovation is obvious to all, and even made clear provisions in " Huawei Basic Law ": allocate R&D funds at 10% of sales.
Therefore, from the very beginning, Huawei has made a lot of investment in technology research and development to pursue rapid growth of enterprises. Many people are more conservative when starting a business, not because the team lacks innovation ability, but because they are unwilling to take the risks of innovation. Obviously, Ren Zhengfei did not agree with this. There are many rumors about us in society, worried about our business risks. Only we ourselves know that we are not actually dangerous, because our investment in scientific research and market every year is huge, and the potential it contains is far greater than the strength it shows. This is the basis for us to dare to move forward. The company attaches great importance to the progress of internal management. We convert a large amount of tangible assets into market resources for scientific research results. Although profits have temporarily declined, our competitiveness has increased.
Follow me and let you understand the secrets behind wealth.
