There’s a saying: “An opportunity sustains an enterprise for a year; good management sustains an enterprise for a decade;  good corporate culture sustains an enterprise for a century.”

 A company intent on long-term development needs executives who can fully understand and pass along its corporate culture to other employees. I share my viewpoints with every senior executive I work with every day. Below are the seven features I think qualified executives should have while working at Fosun.

Entrepreneur Spirit

We hire talent not for doing what they’re told, but for their initiative and great power to execute. We invite them to be one of us because they know what to do and how to do it. I will never appreciate your saying: “Chairman Guo is good and I will do everything as he orders.” I would rather you combine all the company resources and find the right way by yourself, which is what the “entrepreneur spirit” is all about.

“Grey-area” flexibility

As far as I am so much into Tai Chi culture, the Ying and Yang or white and black have other meanings: Chinese people define “white” as “good” and “black” as “bad.” Therefore the colour ‘grey’ between white and black stands for “neither good nor bad,’ which represents flexibility.

As a fast-growing company, we will never offer you very well defined tasks or goals. The company has lots of room for development and you have to find your way for self development and deal with uncertainties.

Finding the problem is important; searching for the solution is essential

As a fast-growing company with assets of $160 billion under management, we surely have various problems. You will find no time to work if you are busy grumbling every day. We invite elites and hire talents to solve our problems instead of spreading negative feedback to other employees. Negative influencers are not welcomed at Fosun.

Be a value investor, not a speculator

Every year we emphasize the same thing: we should hold on to our investment discipline. We always follow Warren Buffett’s investment model. That means we encourage value investing and analyzing fundamentals instead of blindly following the market momentum．

Find a “closed loop” and integrate all resources

What is a closed loop? The closed-loop concept means that you will have to integrate and connect all of the company’s resources into the products you offer. At the end, you have a product or service that can provide positive customer experiences and create unique value. The unique value is our product identity.

There is no immediate reward or punishment, but we see your efforts and your shortcomings.

Fosun’s incentive system has been witnessing huge changes over the past several years, but just having an incentive system in place is not sufficient. We have to find those who are accountable to cause problems or have passed along problematic values. As I look back, this approach of “holding people accountable” has also been functioning in a positive direction in respect to those who have made contributions.

Learning while working

We value those young, smart and quick learners who work and grow in Fosun. They are our targets for everyday training as “Fosun MBAs”, where you can find real case study classes happening everywhere in our company.

Fosun is the best MBA learning venue: just imagine how many meetings we hold every day or every year. All we talk about is real money, real assets and real investment, thus making this the best business education opportunity out there.