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The Mind of the Strategist
Book

The Mind of the Strategist

The Art of Japanese Business

McGraw-Hill, 1982
First Edition: 1982 подробнее...


Editorial Rating

9

Qualities

  • Innovative
  • Applicable

Recommendation

This book, first published in Japan in 1975, is a somewhat dated classic, since the first edition appeared at the high water mark of Japanese competitiveness. Japan's economic doldrums since 1990 probably ensure that few business people will emulate it now. In a way, the fact that the bloom is off Japan's chrysanthemum makes this book more useful and relevant than it was a quarter-century ago. Now that people aren't starry-eyed about Japan, it's possible to sort through the recommendations, take them with a grain of salt and find their deeper usefulness. The author is a famous McKinsey consultant, so the book is packed with charts and jargon. Ignore the jargon, the obsolete observations about how U.S. companies organize themselves and the anachronisms about Soviet-style central planning, now a relic. Focus instead on the examples and asides. getAbstract also notes that this is a must-read for anyone working in Japan or competing against Japanese companies, if only because so many Japanese managers give it to their new hires as part of their training programs.

Take-Aways

  • The purpose of business strategy is to cause events to favor your strengths.
  • Identify your strengths and build on them.
  • Every industry has a key success factor - know yours.

About the Author

Kenichi Ohmae, a director at McKinsey & Company and co-leader of its strategy practice, has written several best-selling books on strategy and several scientific papers on nuclear engineering.


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