@patio11 Hey Patrick, Japan question: Anecdotally, it seems like most big Japanese brands are actually conglomerates with drastically diverse product lines. Does this check out?
I think it's more useful to think less in terms of strategic obsession, which is something that I would credit neither large US nor large Japanese firms with as a class, and ask you to instead consider what you do with a class of 45 year old VPs which is surplus to requirements.
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In the US, the ones who don't move lateral/move up at peer firms. In Japan, since that is far less an option, the company could stand-up a firm in the ecosystem and then ensure its culture/etc is amenable to the mothership by staffing it with 15 people they have no spots for.
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Okay, follow-up: Suntory makes some of the most popular and sought-after whiskey in the world, yet they also make cheap soda served from vending machines. Why aren’t they worried about tarnishing their high-end whiskey brand with cheap soda?
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