Case Study

Amer International Group

4 pages
November 2015
Reference: IMD-7-1666

Wang Wenyin, founder and chairman of the Amer International Group, was born to farmer parents in 1968 in a small village in China’s eastern Anhui Province. After finishing university, he worked for a state-owned petrochemical company in Shanghai, but what he really wanted was to have his own business. In 1994, Wang started a power cord business which by 2014 had grown to be one of the world’s biggest copper players, ranking No. 295 on Fortune’s Global 500 list. He relied soley on his own talent strategy, soliciting the world’s top talent across the copper value chain. In fact, he was a staunch believer that passing one’s business on to one’s children was the surest way to kill a business. None of his relatives owned any equity in Amer and if they worked in the company, they received 30% less salary than non-family employees.

Learning Objective

This case sets the scene for a discussion on the different philosophies and business models illustrated by the Amer and Fotile cases.

Keywords
Non-family Member, Talent Management
Settings
Asia, China
Amer International, Materials, Metals and Mining
1994-2014
Type
Published Sources
Copyright
© 2015
Available Languages
English
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