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Yang Minde's personal experience.

Yang Minde was born in a family of businessmen in Hong Kong in 1952. She is the eldest daughter of Yang Yuanlong, a famous businessman in Hong Kong.

When Yang Minde was a little girl in Hong Kong, her father told her that it was not easy to quit the clothing business. Study hard and choose another career. At the age of 2115, Yang Minde bid farewell to his parents and went to the United States alone to start his independent study career. He successively obtained a bachelor's degree in mathematics from the famous Massachusetts Institute of Technology and a master's degree in business administration from the famous Harvard University. Then I worked for the First Boston Company in new york. But in the end, she started the clothing business, and did a very good job. Esquel's huge shirt empire was carried forward under the helm of the female chairman and CEO. 11 years later, Yang Minde, whose business ability became more and more outstanding, officially took over the handsome seal of Esquel Group from his father.

Yang Minde said frankly that even though she faced many difficulties, compared with her parents, she was lucky. In a peaceful environment, she played her strengths on the stage of life.

With the strong east wind of reform and opening up in the Mainland, Yang Minde, who inherited her father's footsteps, made the decision to shift the investment focus to the Mainland again in 1988. Esquel Group invested more than 61 million US dollars to establish Gaofeng Textile Printing and Dyeing Joint Enterprise Co., Ltd. (now Guangdong Esquel Textile Co., Ltd.) in Gaoming City, Guangdong Province, which was officially completed and put into production at the end of 191. Guangdong Yida Textile Co., Ltd. is a large-scale enterprise integrating spinning, weaving, dyeing and finishing, garment making and accessories.

she wants to create her own legend. When Yang Minde became the chairman in 1995, she thought that the original business model was doomed to decline. In order to carry out her intention in all aspects, she has set three priority tasks for the company: completing the vertical integration of the company, introducing the latest management concepts and technologies, and promoting her belief that enterprises should repay the society through Esquel Group. What Yang Minde brings to the company is an analytical way of thinking that is completely different from the traditional mode.

this textile and clothing queen, who manages 47,111 employees in 11 countries and supplies billions of shirts to HugoBoss, Ralph Lauren and Tommy Hilfiger every year, is still full of confidence in the future. Her next ambitious and courageous goal is to turn this traditional industry into an industry that adapts to modern society.

Ms. Yang Minde, the founder of Pai, was born in Hongkong, and her father was Mr. Yang Yuanlong, the founder of Esquel Group. Therefore, when Ms. Yang Minde obtained a bachelor's degree in mathematics from MIT and a master's degree in business administration from Harvard University, she inspired to carry forward the family business, and finally took the helm of this huge shirt empire after her experience of 11 years. Coincidentally, Miss Pan Chuying, who was born in this textile family, also graduated from Harvard University. She once successfully founded DYSEMEVAS, a shop that brought together independent fashion designers from China, and showed her works in the "Dream Moment 42 Seconds Exhibition" at Cannes Film Festival. With incomparable talent and creativity, she became the second-generation head of the "Pai" brand, injecting new thinking and motivation into the brand. In addition, this new-age woman with an international vision is also a member of the board of directors of well-known non-profit organizations "China Education Action" and "zuni icosahedron"; At the same time, he is active in new york Museum of Modern Art and Hong Kong Asian Art Museum, and has won many fashion awards in recent years.

"Pai" provides high-grade cotton needle-woven shirts for men and women, and each shirt has been carefully sewn, which can highlight the personality and temperament of customers. Few people realize the reason why "Pai" shirts are outstanding. The comfortable cotton texture of each shirt is made of high-quality Xinjiang long-staple cotton and spun with ultra-high-tech yarns, perfectly tailored and carefully designed accessories. From designing the program in the studio, Pai directly manages all stages of manufacturing, from cotton fields in Xinjiang to cloth factories, cutting facilities and final washing procedures to ensure the quality of all processes.

In addition to high-quality production process, Pai also pays attention to details, and the store design and product details are integrated with China elements, keeping a low profile and elegance. The design of "Pai" clothing series is inspired by China culture, and its products are combined with the latest production technology to meet the taste and needs of modern people. At the same time, this spirit of striving for perfection has given the brand Pai a deeper meaning. The name of Pai comes from the combination of the Greek letter π of pi and the Chinese character Pai, which represents the intersection of Chinese and Western cultures. At the same time, "Pai" also means noble and graceful style, fully demonstrating the brand's endless pursuit of perfection.

From the "Pai" flagship store of Beijing Oriental Xintiandi Shopping Mall in 2111 to the retail stores such as Meimei Department Store in Urumqi and taikoo hui in Guangzhou, all the stores have been carefully built by Mr. Chen Ruixian, a famous design master who graduated from the Department of Architecture of Tokyo Artists College, continuing the concept of "low-key elegance, individuality and uniqueness" conveyed by the products. The master of architectural art who has designed the hall of Taipei National Art Museum and Eslite Bookstore, pursues the simple design concept in the design of "Pai" storefront, and uses the level and change of light to show rich images. The brand creative design and brand image consultant of Pai are led by Gao Wenan, a well-known interior designer in Hong Kong, Chen Youjian, a visual designer, and Huang Bingpei, a well-known advertising art designer in Hong Kong, respectively, aiming at promoting a brand-new modern aesthetic feeling of China to the market. It's a bold idea for a Hong Kong woman to go to Xinjiang to develop industry. And Yang Minde put his ideas into action. As early as the mid-1991s, Yang Minde set foot in Xinjiang and played the prelude of Esquel Group's westward advance. Xinjiang is the most important cotton production base in China, especially the quality of long-staple cotton is no less than the world-class cotton produced by Egypt, Peru and other countries. After on-the-spot investigation, she invested 51 million US dollars to build two modern spinning mills with an annual output of 1.38 million spindles in Urumqi and Turpan respectively. At the same time, we will invest tens of millions of dollars to establish cooperative farms with production and construction corps in Kashgar and Turpan with an area of 1 million mu, specializing in planting high-quality long-staple cotton. This way of cooperation to expand the scale of agricultural industrialization? It quickly achieved win-win results and brought new economic highlights to Xinjiang. At the same time, experts are hired with high salaries to cultivate high-quality seeds of long-staple cotton on nearly 1,111 mu of reclaimed land, especially to purify and rejuvenate Xinjiang's "137 long-staple cotton", and independently research and develop excellent cotton seeds such as medium-staple cotton, super-long staple cotton and organic cotton. After six years of efforts, Xinjiang's cotton production base has embarked on the road of high quality and high yield. Up to now, Esquel Group has become the largest wholly foreign-owned enterprise in Xinjiang. The cotton yarn it produces in Xinjiang not only meets the needs of the Gaofeng Textile Printing and Dyeing Joint Enterprise built in Gaoming City, Guangdong Province, but also is exported to Japan and other places. Esquel used to mainly produce men's wear and attached great importance to quality. "We went to Xinjiang because we couldn't buy such a good yarn. We didn't know that cotton was the most important thing until we made the yarn. The purchasing system that emphasizes quantity rather than quality makes farmers give up planting good cotton, otherwise, how could I run to be a' farmer' bud myself? "Yang Minde said with emotion.

Harvard Textbooks and Business Lessons of Parents

Esquel is a famous family business, and Yang Minde's father, Yang Yuanlong, is the founder and an excellent entrepreneur. Yang Minde's grandfather also made silk, so she heard a lot about management, especially the idea of being an industrial entrepreneur. The concept of "people-oriented", "In fact, the biggest asset of textile and garment industry is people."

However, the same idea will be used in different times.

In modern management, although there are differences with her parents, Yang Minde admits that she is influenced by her father a lot. As he grew older, Yang Minde found that Harvard textbooks were consistent with the great principles of his parents' business, such as not being greedy, being broad-minded and respecting each other. When she was young, she often argued with her father because she liked to argue at a young age. Now Yang Minde feels that business is business. Although it needs to be changed sometimes, the entrepreneurs of the previous generation should never abandon their skills and absolutely respect them. In the heyday of Yang Yuanlong's management company, Esquel first competed by price, and then won by quality. Now the company relies on quick response to the market and customer service to win. Yang Minde believes that technology is the way to achieve all this.

At the beginning, the national quota was not enough, so Esquel could only develop overseas. At that time, computer information technology had not developed to this point. Facing different markets, Esquel had a belief that it should make the best use of computers and information to help Esquel complete its transnational production chain-spinning from Xinjiang, then transporting it to Guangdong for weaving, and then producing clothes in garment factories all over the world, such as Mauritius. Therefore, Esquel has spent a lot of time on informatization very early.

Of course, Yang Minde has also paid a price for informatization. In the past, Yang Minde only thought it was a technical challenge, but later it was not. It was a management problem and a challenge to the basic culture of an enterprise. Because if an enterprise has an information system, it must be transparent. What hinders the transparency of an enterprise? Transparency is the worst thing for those who gain benefits in the enterprise by improper means. Yang Minde's painful experience is: before spending a lot of money on informatization, we must first do a good job in corporate culture.

She also believes that while doing a good job in corporate culture with morality as the core, there should be a set of good management methods. It's no use just advocating that everyone should be good people. There must be a perfect mechanism to prevent some young people from making mistakes induced by interests with systems and regulations. This challenge is faced by any enterprise that wants to take the road of informationization. For a long time, Esquel Group has been completely owned by the Yang family. Now, Yang Yuanlong's greatest wish is to hope that Yang Minde will make Esquel a real model textile enterprise with new management ideas, so as to bring the capabilities of China's textile and garment industry into full play in the world.

As the leader of the family business, Yang Minde has long gone beyond the narrow vision of the general family business. Many times, she sees things strategically and long-term. For example, Esquel put $1 billion in Xinjiang, and it is not easy to make a return in the short term. If it is a listed company, this matter will be quarreled by shareholders, because the return period of this investment is very long, which may take 11 to 21 years. However, Esquel is a private organization. If you have a clear idea, you can do it well according to your own ideals.

However, capital is also a problem. Sometimes enterprises have to go public because they need capital. However, Yang Minde thinks that it is very lucky to be a private company under the condition that funds permit, because she doesn't need to look at short-term returns every three months, and a listed company rarely has the opportunity to give the helm a real chance to make a long-term dream. Yang Minde feels lucky for this, because it often gives her room to develop her long-term ideal. Esquel spends a lot of money on talents. Many young people will not return to the company in a day or two, but this is an investment of enterprises. This investment is not a machine. The value of investors is invisible to others, but it is the most effective for enterprises.

Pay attention to talents, handle affairs in a small way and manage people in a big way

Clothing seems to be a traditional industry, which generally adopts traditional practices, but Yang Minde insists on a group of "monkeys who dare to take bananas". She is not limited to looking for talents from the traditional clothing industry, but from other industries, even young people with unlimited ideas. She hopes that the next generation's ideas will be more avant-garde than hers, and there will be more room for them to display their talents. With the change of various environmental conditions, her management style has evolved into "small business is in charge, big business is in charge of people".

Yang Minde always emphasizes the importance of "people-oriented, the source of enterprise power". Based on this, Esquel Group has cooperated with many famous universities, such as MIT, Harvard, Tsinghua, Fudan, Zhongshan, etc. On the one hand, it has absorbed outstanding talents for its own use, on the other hand, it has sent promising employees to higher education institutions for further study, thus establishing a smooth channel for the group to reserve and update talents. Gaofeng has more than 5,111 employees, including more than 211 mainland college students, who have been sent abroad for training, becoming the technical backbone of the enterprise and a powerful promoter of the company's reform.

Under her care, Esquel Group has established a series of strict employee training systems, and environmental awareness, corporate culture and company development have been incorporated into the training courses, so as to improve the overall quality of employees through internal training. Nowadays, Esquel's corporate culture, management objectives and basic personal environmental protection behaviors have penetrated into the daily life of every employee.

Yang Minde, who belongs to the dragon in the zodiac, calls herself the "Dragon Lady". She compares China to the soaring Oriental Dragon, and she herself is worthy of being a descendant of the giant dragon. She wants to sprint to "the first in the world" and draw a brilliant stroke for the glory of the Chinese nation!