Bamboo Spirit & Management

Bamboo spirit and Chinese management philosophy have helped many Chinese companies stay resilient and grow rapidly like bamboo. However, the effectiveness of this approach has largely depended on the decisiveness and personal charisma of the business leaders deploying these philosophies and strategies.

Here are some steps all business leaders can take to make Chinese management philosophies work for their organizations:

1. Think about the long-term, while constantly developing new short-term tactics. The external environment is complex and ever-changing, so make sure long-term vision and strategic direction are clear. Prioritizing flexibility and rethinking short-term tactics can help companies maintain vitality and competitiveness – even in the face of a crisis.

2. Build flexibility and resilience. Flexibility and resilience should not rely on a few individuals, but should be built upon an effective organizational structure, management mechanisms and corporate culture. Firms that establish flat, agile and platform-based organizational structures can respond quickly to market changes. Scenario planning can also help to identify uncertainties and create contingency plans, spreading a mindset of flexibility across the organization.

3. Foster continuous learning. CEOs and top executives must be open to the Confucian idea of maintaining a zeal for learning. In addition to learning from leading companies in your field, others with strengths in specific domains can also offer great benchmarks for analysis.

4. Value collaboration. Avoid dictatorial decision-making by being open to diverse viewpoints. Be ready to relinquish power and use collective decision-making. This can also help to avoid errors of personal judgment.

5. Shoulder social responsibility. Finally, Chinese management philosophy suggests companies should promote the harmonious growth of both the business and of society.

All business leaders should consider thinking about these management philosophy ideas and keep the bamboo and its strengths in mind when making important decisions or changes. Using the metaphor to nudge your thinking might help you approach business and leadership issues more effectively.