Japan, Tokyo Stock Exchange |
Episode 7: Kenichi Ohmae
Highlights:
Kenichi Ohmae made his mark twenty years ago with his book
on corporate strategy. It is still a collection of good sense and
clear advice, even though some of the examples may now seem a bit
dated.
Successful business strategies, he says in "The Mind of the Strategist",
do not come from rigorous analysis but from a thought process
which is basically creative and intuitive rather than rational.
Having written what many people regarded as the bible of corporate
strategy, Kenichi Ohmae moved on to the changing shape of the
world of business.
His thinking on these issues has been nicely brought together in
his latest book, which he has called 'The Invisible Continent'.
The Invisible Continent is the world in which businesses now operate,
which is like a new, just discovered continent.
In the Invisible Continent there are four Dimensions:
1) the Visible Dimension - physical things to buy and make
2) the Borderless World - inevitable globalization
3) the Cyber Dimension - the Internet, mobile phones
4) the Dimension of High Multiples - exaggerated values put on some
stocks by the stock market
But Ohmae has bigger concerns on his mind than business.
He worries about the governance of the new continent, about a new
sort of Cold War, fought by businesses rather than governments,
and about the education of our citizens for this new world.
In my next talk we will meet another strategy guru with a different
but related agenda: Gary Hamel.
Read Kenichi Ohmae's
biography
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