How does the the CEO'S Personality affect the whole ADM@RT development...

zhaoruiwen wrote:Jim Lai, the founder of the ADM@RT, is Hongkong’s most flamboyant, outspoken, irrelevant and radical businessman.
His personality is too radical to run this new business model.
The company’s goal was to make “30000 deliveries a day from a
Customer base of up to a half-million people—about 7.4% Hongkong’s population.” Six month after it was launched, the firm planned to have”120 shops, 25warehouses, 448vechiles and more than 3000 employees.”
All those goals were very radical and the operation figures had not been carefully calculated.
Jim Lai admitted that the company has significant troubles in the start-up period, but he was over-confident that he would build an Internet empire that would provide news, entertainment, shopping and other services to Chinese people around the world.

taylor.yuan wrote:

zhaoruiwen wrote:Jim Lai, the founder of the ADM@RT, is Hongkong’s most flamboyant, outspoken, irrelevant and radical businessman.
His personality is too radical to run this new business model.
The company’s goal was to make “30000 deliveries a day from a
Customer base of up to a half-million people—about 7.4% Hongkong’s population.” Six month after it was launched, the firm planned to have”120 shops, 25warehouses, 448vechiles and more than 3000 employees.”
All those goals were very radical and the operation figures had not been carefully calculated.
Jim Lai admitted that the company has significant troubles in the start-up period, but he was over-confident that he would build an Internet empire that would provide news, entertainment, shopping and other services to Chinese people around the world.

Admitted, the idea of adm@rt is very sagacious. However, Lai was the first person to eat crab, there were some problems he faced.
1)didn`t make a detail and appropriate plan to support his creative idea. Like IT, logisitics problems.
2)Lai wanted to sell all products in his adm@rt, failed to lock key customer in the market positioning.
3)Low price strategy made adm@rt small profit margin also, though adm@rt wanted to beat its rivals by low price strategy.

zhaoruiwen wrote:Jim Lai, the founder of the ADM@RT, is Hongkong’s most flamboyant, outspoken, irrelevant and radical businessman.
His personality is too radical to run this new business model.
The company’s goal was to make “30000 deliveries a day from a
Customer base of up to a half-million people—about 7.4% Hongkong’s population.” Six month after it was launched, the firm planned to have”120 shops, 25warehouses, 448vechiles and more than 3000 employees.”
All those goals were very radical and the operation figures had not been carefully calculated.
Jim Lai admitted that the company has significant troubles in the start-up period, but he was over-confident that he would build an Internet empire that would provide news, entertainment, shopping and other services to Chinese people around the world.

zhangmingmin wrote:Steve Jobs make the APP like him. When Bill Gates took the role of CEO, Microsoft was just like Bill Gates, smart, enegetic, tough, ruthless.
Normally, in business area, who is the boss and what is the company. The same rule can be copied to prefessional career. Who is the direct boss, you can predict his/her surbodinates and vise versa.

leon lei wrote:I agree that CEO's personalities will affect the culture of each company significantly. But finally Job was not Apple's CEO anymore, and the same to Bill Gates in Microsoft. So when these innovative gurus left, how these company maintain its innovative culture?