Huawei has a very unusual leadership/ownership structure, even amongst its peers in the tech industry. Legally, its a worker-owned cooperative, but unlike most cooperatives, its workers don't directly vote on policy; rather they choose 51 shareholder representatives and 9 alternate representatives, who in turn select a politburo, which in turn selects a CEO from the standing committee.
Sounds great, what's the catch?
I understand they also don't get compensated much, relatively speaking. I think it fits with an Asian approach to business where companies are big conglomerates with much more cautious leadership (and therefore less expectation from them). At least historically.
Founder’s daughter has been CFO for over 10 years though
Super interesting. Def think there’s lots of room for experimentation in corporate governance and corporation structure
Obviously not corporate, but I believe Rome had 1 year term limits for its 2 consuls.