Most business students who achieve their MBA from the top colleges and universities in the United States study all the industrial capitalists of our time and of previous periods. They know all about Rockefeller, Carnegie, J.P. Morgan, and they know all about the economic business process intellectuals like Friedrich Winslow Taylor, Charles Deming. Indeed, they’ve rated the case studies about companies that are Built to Last. But we must remember, that the United States is not the only capitalist business country in the world.
The next nearest largest economy is Japan, and I ask you how much do you know about their industrial capitalists, or their great companies? Did you know that the economic GDP of Japan is over $5.5 trillion per year? That’s an incredible amount, and it is higher than Germany, China, and all the other nations that you’d expect to be in the top billing.
Perhaps, this is why I have a number of Japanese business books on my shelf at home. If you are truly interested in international business, and you hardly have to be a graduate of Wharton Business School, then I’d like to suggest a very good book to you, which will familiarize you with how the greatest companies in Japan were started.
By the way, this book sits next to the book; „Built to Last,“ by Stanford University’s business professor Collins, in my business library at home. I’d like to recommend this book to you;
„Success Stories; How Eleven of Japan’s Most Interesting Businesses Came to Be,“ by Leonard Koren, prodigal book publishers, San Francisco, 1990. Paperback. ISBN: 0877016356.
There are many chapters and stories in this book, and I’d recommend that you read the chapters on Matsuishita, Mitsu Group, Honda and after you do that I think you’ll understand a lot more about Japanese business history than 99% of the people of the United States. Indeed, I hope you will please consider this.