Fortune Makers analyzes and brings to light the distinctive practices of business leaders who are the future of the Chinese economy. These leaders oversee not the old state-owned enterprises, but private companies that have had to invent their way forward out of the wreckage of an economy in tatters following the Cultural Revolution.
Outside of brand names such as Alibaba and Lenovo, little is known, even by the Chinese themselves, about the people present at the creation of these innovative businesses. Fortune Makers provides sharp insights into their unique styles -- a distinctive blend of the entrepreneur, the street fighter, and practices developed by the Communist Party -- and their distinctive ways of leading and managing their organizations that are unlike anything the West is familiar with.
When Peter Drucker published Concept of the Corporation in 1946, he revealed what made large American corporations tick. Similarly, when Japanese companies emerged as a global force in the 1980s, insightful analysts explained the practices that brought Japan's economy out of the ashes -- and what managers elsewhere could learn to compete with them. Now, based on unprecedented access, Fortune Makers allows business leaders in the United States and the rest of the West to understand the essential character and style of Chinese corporate life and its dominant players, whose businesses are the foundation of the domestic Chinese market and are now making their mark globally.
Industry Reviews
"Fortune Makers chronicles how a new brand of Chinese business leaders have thrown off the shackles of the Cultural Revolution and State-owned enterprises to lead aggressive private companies into the global business arena. The authors-Cappelli, Liang, Singh and Useem-provide a fascinating glimpse what makes these CEOs and the companies they lead tick, while sounding an alarm bell for all those Western competitors that will need to up their game to be successful in the future. This is a book that should be required reading for anyone conducting international business inside or outside of China."-Arthur D. Collins, Jr., former Chairman and CEO of Medtronic, Inc., and Managing Partner, Acorn Advisors, LLC
