Ch 12: A New Model in Asia ( (Why Asia Matters (Americans copy lean…
Ch 12: A New Model in Asia
Why Asia Matters
Americans copy lean production
Asia still needs to learn more of the management theory that the other way around
New management theorist (not japan) are more instinctive than intellectual
Strength of China is in history and connections
There is a lack of information that extends to MTs
All in the family
Chief assets of Chinese are connection
Many connections are political ones
Most Chinese firms work bc they have centralized dictatorships: head of the family makes all decisions
On a small scale, Chinese firms are good, but are not good when begin to have a mutinational size.
Most fortunes are bc of asian property.
Trevor McMurray: More Chinese businesses are "structurers" rather than "builders", meaning that they prefer to build a franchise than to create a competition (265)
Manufactuing still means cheap hand to borrowed technology
An old-style company can't create a multinational, they need coordination, decentralization and bosses who trust employees
In Chinese companies, managers can't scale, criticizing is unacceptable.
Why Jimmy Lai is Half Right
Founder of Giordano
Giving people what they want is a sure way to make money in modern Asia
They are sending more people to Harvard and Stanford, but when they return, just make deals rather than build or reorganize businesses
Full of western promise
MT is not "un-Asian"
But Western MT cannot be applied to Eastern at random
The hereditary defect
Chinese need to reorganize the management in: succession
They cannot separate management from ownership: problems when passes to another generation
Shih who must be obeyed
Temptation is to leave management alone, keep companies small bc they cannot grow into large ones
Strength: fast moving small companies
Stan Shih: Acer group. Not just manufacturing, but a world class one
Shih achievement has more to do with management that with tech
Shih: took all the best from Chinese fam buss: speed, entrepreneurialism and networking. Institutionalized it in a meritocratic system.
If someone wants to survive in a business as global as the high-tech, they must embrace some Western management ideas.
Coming to a town near you
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