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China International Marine Containers Group: Cultivating World-Class Champions — A Systems Approach

In: Changing the Dynamics and Impact of Innovation Management A Systems Approach and the ISO Standard

Author

Listed:
  • Ximing Yin
  • Zhaohui Wang
  • Rongyu Guo
  • Jin Chen

Abstract

CIMC is a group of “Hidden Champions,” famed for its series of champion products from containers, vehicles to offshore segments and so on. The company’s effective and efficient development is driven by its innovation dynamics and Leanovation system, which is a typical case of an innovation management system in line with ISO 56002. CIMC’s innovation dynamics are coupled with the context and conditions of the evolution of the innovation management system, which could be divided into two main stages. The first stage is driven by external stimulation and market-central strategy. The second stage is driven by internal and resource-based strategy. Furthermore, we proposed a Leanovation framework that presents the remaining components and key factors for the system’s implementation. It consists of a commanding World-Class Champion Strategy, front and back ends of CIMC operational structure, coordinated by the coaching leadership that ensures the coherence and alignment between soft and hard factors. With the context element of globalisation, combined with more practical market strategies, so-called “glocalisation” is emphasised considering the trend of deglobalisation, and the more “VUCA (volatility, uncertainty, complexity, ambiguity)” world after the pandemic.

Suggested Citation

  • Ximing Yin & Zhaohui Wang & Rongyu Guo & Jin Chen, 2022. "China International Marine Containers Group: Cultivating World-Class Champions — A Systems Approach," World Scientific Book Chapters, in: Joanne Hyland & Magnus Karlsson & Ingrid Kihlander & John Bessant & Mats Magnusson & Jimmi Kristians (ed.), Changing the Dynamics and Impact of Innovation Management A Systems Approach and the ISO Standard, chapter 6, pages 65-84, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9781800612105_0006
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    More about this item

    Keywords

    Innovation Management System; Innovation Management; Innovation; Standards; System;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O36 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Open Innovation
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights

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