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Tsingtao's Chairman on Jump-Starting a Sluggish Company
Zhiguo, JinArticle HBS-R1204A-EIn 1995 Jin Zhiguo was put in charge of the Hans Brewery, a fresh Tsingtao acquisition. On his first day there, he found a financial statement on his desk that said, "Daily production: 1,000." Not bad, he thought. But then he learned that the number referred to bottles, not cases--and this at a company employing more than 1,000 people. Although it was a moment of "great disbelief," Jin says that such underperformance wasn't unusual then for Chine...Starting at €8.20