The 2011 (11th) China Entrepreneur "Future Stars" Annual Conference

CHENGDU, China, July 5, 2011 /PRNewswire-Asia/ --

Focus on value growth and rational prosperity

The 2011 (11th) China Entrepreneur "Future Stars" Annual Conference, a grand gathering for China's most innovative and growing enterprises, has been held in Chengdu from June 25 to 27, 2011. At the new starting point of its second decade, the 2011 China Entrepreneur "Future Stars" Annual Conference was jointly organized by China Entrepreneur Magazine, New Hope Group, Legend Capital and Magic Your Life Group. About 1,200 esteemed guests in the business circle gathered together and exchanged ideas, focusing on the theme of "Value Growth and Rational Prosperity", discussing hot issues including enterprises' control ability with fast capital flows, growth strategies in a high-cost era, user experience, incremental innovation, leadership, as well as rational prosperity of the Internet industry.

Value growth and rational prosperity

China's fast-growing enterprises have begun to enjoy an unusual feast of prosperity, stimulated by both large-scale risk investments and strong growth of enterprises since 2010. However, there are still big concerns like: whether enterprise growth has a solid value basis? Whether the prosperity is accompanied by bubbles?

The 2011 "Future Stars" Annual Conference gathered experts and representatives of fast-growing enterprises, governmental institutions and investment companies. They discussed how enterprises can find the basis for value growth and build solid and rational prosperity in the context of continuous economic transformation. He Zhenhong, director of China Entrepreneur Magazine, said that current new enterprises do not lack individual motive, but they need to exchange views on potential temptations and opportunities, so as to inspire and remind each other, and learn from others' past experiences.

Liu Yonghao, Board Chairman of New Hope Group, Xu Heyi, CEO of Beijing Hyundai Motor Company and Feng Lun, Chairman of the Board of Vantone Group, as well as famous leadership expert John C. Maxwell, Ma Xuezheng, Chairman of Boyu Capital, Chen Hao, Co-Founder and Managing Director of Legend Capital, as well as other well-known guests attended the conference and discussed in depth from different perspectives on the theme.

"Grow" leadership

The "Future Stars" Annual Conference has invited the world's best-known leadership expert John C. Maxwell for the first time to share leadership theories and practices with attendees. As a leadership authority from the US, Maxwell gives speeches and training for leaders of the Forbes 500 companies, government officials and other leaders at all levels. He has written more than 53 books, including The 17 Indisputable Laws of Teamwork, Developing the Leader Within You and The 21 Irrefutable Laws of Leadership. Each of his books has been on the best-sellers lists of New York Times, Wall Street Journal and Business Week. His books have sold more than 100 million copies worldwide.

During the 2011 "Future Stars" Annual Conference, Maxwell talked about the leadership needed for growing enterprises' leaders, as well as leadership development. He commented that leadership is always the lid on personal and organizational effectiveness. He believes it always happens in each industry that some intelligent people can only achieve limited results because of their shortage of leadership. Growing enterprises would only have limited achievements if they could not overcome the leadership challenge.

Maxwell has concluded a series of laws for leadership improvement after years of studies. For example, he believes that to establish leadership, affinity should come first. He said that people don't care how much you know until they know how much you care. He believes that leaders should win people's hearts first, and then talk about business. Followers are more willing to assist leaders with stronger human bonds and affinity. During the conference, he further talked about his theories and studies based on the concrete practices of Chinese enterprises, and discussed the leadership theories with local leading entrepreneurs as well.

User-worshipper VS Fast-model believer

The 21 selected "Future Stars" enterprises gathered at the conference to exchange growth experience and share lessons learned from setbacks. Among these enterprises, there are not only user-worshippers who have become strong by actively improving user experience, but also fast-model believers who have achieved great success depending on business model innovation.

More of the chosen "Future Stars" enterprises at the conference emphasize on user experience. Apart from internet and electronic product sectors, a large number of user-worshippers are emerging in service, manufacturing and even agricultural industries. These "Future Stars" enterprises, including yihaodian.com, dianping.com, Landmark Victor and lakala.com, are managing to win users' favor by improving products and services. Moreover, more "Future Stars" enterprises try to bypass technological innovation and build their core competitiveness through business model innovation. Enterprises such as Lightinthebox, Beijing Motie Books and Element Fresh are keeping on improving their business models so as to seize market shares quickly.

SOURCE The Marketing Dept. of the China Entrepreneur Magazine