...who can manage and control but the main goal of this essay is to tell about the people who could combine first and also be a leader. But I want to tell about the person who is a manager and leader and at the same time an innovator too. China has the most self-made women entrepreneurs in the world, which was validated in the Hurun List of Self-Made Women Billionaires. Zhang Yin also known by her Cantonese name Cheung Yan, is a Chinese entrepreneur and is the richest individual in greater China. She is the founder and director of the family company Nine Dragons Paper Holdings, a recycling company that buys scrap paper from the United States, imports it into China, and mainly turns it into cardboard for use in boxes to export Chinese goods. The company is China's biggest paper maker. Zhang Yin and her husband left for the United States. In America, the enterprise that would become Nine Dragons was born. Because there was a shortage of paper materials in China, her paper trading business was not doing as well as Zhang would have liked. In the U.S., however, she had no such problem. There was plenty of waste paper everywhere she and her husband looked. Zhang set up a system to collect and bundle the paper in America, then send it to China to be processed into usable paper products. Once the waste paper was converted into boxes, cardboard, and other paper products; they were sold. Ironically, although the American raw materials were shipped across the Pacific...
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...CHINA’S PAPER QUEEN i) Summary of the case Cheung Yan, the co-founder of the Nine Dragons Paper Holdings Company has been one of the richest woman in China with a fortune of US$ 1.35 billion back in November 2006. Cheung was a truly successful business leader in Asia. She started off by setting up a paper recycling unit called America Chung Nam in the United States as the market in Hong Kong was too small for her ambition. The unit collected waste paper and shipped them to China from United States. She soon realized that there was a huge opportunity for her in China as the demand for export packaging were rising. In 1990, Cheung took a bank loan together with the support of her brother and husband, she successfully established Nine Dragons in Dongguan, China. The unit started off with two paper machines and made 600,000 tons of kraft linerboard per year.Cheung’s vision was to make Nine Dragons the biggest ,most efficient and environmentally friendly paper company. It was expected by 2009 Nine Dragons would be Asia’s top producer of packaging paper and the first in the world in terms of production capacity. Fortunately as of August 2008, Nine Dragons was already the largest producer of containerboard products in China in terms production capacity. Cheung’s success was attributed to Nine Dragon’s strategy to produce at lower cost and economies of large scale production. In terms of efficiency, Nine Dragons continually looked at technological improvements to achieve higher product...
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