Why Japanese companies do so many different things

Read the full post at - Why Japanese companies do so many different things Fascinating business case study -> https://davidoks.blog/p/why-japanese-companies-do-so-many Here is the answer I want to suggest: Japanese companies excel in lots of very different domains because it’s inherent in how they’re structured. The form of the corporation that we know and love in the United States—specialized, market-oriented, governed by shareholders—is just one form that the corporation can take; but it’s not the only way to coordinate capital and labor in a successful and profitable way. The protean corporations of Japan are best understood as a different species of thing altogether: better at some things, worse at others, but still highly adapted to their particular environment. And the things that they’re very good at turn out to be extraordinarily helpful for all sorts of things in which American companies tend to struggle. On how the Japanese “bundle” plays out vs American “bundle” And the…