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Lesson #4: Challenge Conventions and Break the Mould
In 1989, along with the outspoken Japanese politician Ishihara Shintaro, Morita co-authored a book about Japan’s economic rise called, “The Japan That Can Say No.” In it, Morita criticized American business for what he saw as the “hollowing out” of the country’s economy. Specifically, he thought their focus on mergers and acquisitions, and relocating operations overseas, was taking away from the creation of real manufacturing power.

Surviving the “Contained Depression”
Interesting David Levy piece in the current issue of Institutional Investor. Here is the money ‘graf(s):

Other economic affairs Related Articles

How to Seize Control of Your Finances
I'm always amazed that so many people spend most of their life at work and totally neglect their personal affairs. Many business people I coach want to get their professional lives in order, and often admit that their personal affairs are in chaos.

How to Get Your Rear Into Gear at the End of the Financial Year
As the end of another financial year comes to a close, I thought it would be ideal to focus this newsletter on your personal affairs. I'm always amazed that so many people spend most of their life at work and totally neglect their personal affairs. Many of my clients want to get their business organised yet often admit that their personal affairs are in chaos.
HUMAN RESOURCE DEVELOPMENT AND ATTRACTING INWARD FDI
One of the characteristics of rich industrial economies is the availability of a workforce with a high level of human capital. Whether human capital has been the key driver of economic prosperity or vice-versa is still a matter of debate. Nevertheless, long time series trends in educational attainment and economic growth during the last century indicate that HRD and economic prosperity went hand in hand10. Some developing countries followed similar trends in human capital and economic growth. What was distinctive about these developing countries is that they appeared to have realised large economic benefits in attracting MNEs into host economies, and have thus mobilised inward FDI to attain rapid economic growth.
Saying Goodbye to Defensiveness
Part of fully claiming your own life is learning the steps to stay “in your own business”. What that means essentially is staying focused on your own affairs, rather than determining what those around you “should” or “should not” be up to.
Why Franchises Fail
According to the U.S. Department of Consumer Affairs, about five percent of franchisees fail. Any number of factors could be responsible for this failure; however, such failure can nearly always be prevented by doing your due diligence at the outset.

When Generations Collide
Managing midlife affairs among generations has never been easy, and there's no quick fix. To be successful at it, you've got to start talking NOW.
Use promo products as an effective marketing tool during recession
The imminent economic crisis and financial depression is a coercive factor for many businesses to impose restraints on their budgets and spending in all spheres including marketing and advertising. Businesses are employing various cost-cutting techniques to minimize the effects of decreasing sales and profits in such a dismal state of affairs. However, they fail to realize the importance of revolutionary promotional and marketing strategies that can help mitigate the impact of the ongoing recession. With most of competitor businesses on a down slope of ad spending, if you follow the reverse trend, without cutting down your advertising budget, you will surely get the returns in terms of improved exposure of your brand, enhanced sales and increased market share. During an economic downturn .
Are You as ‘Good as Your Word’?
Giving our word and standing by it and being steadfast and reliable in our affairs are measures by which we judge commitment and integrity. For this reason, agreements—both spoken and implied—should be given thoughtful and careful attention.
Finding Inspiration In A Tough Economy
If you feel down about the current state of affairs, look around your local community and find the ordinary people who are still doing extraordinary things. Get to know them. Find out the "why" behind what they're doing... it'll inspire you....
Some Things Are Easier For Your Business in a Recession
If your business is feeling the impact of the economic downturn, think differently about how you could take advantage of the current economic circumstances. Some things are definitely more challenging, but others might actually be easier in these tough economic times.
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