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Jack Perkowski
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Book
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Publisher | Bantam | ||
ISBN | 9780593061695 | ||
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Reviewer
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Vicky
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Synopsis
After a highly successful career on Wall Street, in the early 1990s Jack Perkowski needed a new challenge. Having decided that China would be the future, he set about investigating this little-known market and the business opportunities it offered. Before long, Jack set up ASIMCO, a manufacturing business specializing in car components, which now has an annual turnover of over $500 million. In "Managing the Dragon" Jack provides an insider's view of China, its many peculiarities and working practices. For example, we see how China's economy and government are highly decentralized and how the country tends to operate like a series of villages spread across a vast landscape; we discover how much influence 'the Party' has on the banks, and how economic incentives at local government level causes China to create overcapacity in virtually every industry.This may explain why the country has, almost single-handedly, placed the entire world in a cost/price squeeze. "Managing the Dragon" is a revealing and thought-provoking memoir offering a fresh perspective on a country at the dawn of a new age. Through its colourful narrative it also tells the story of one of the most influential and pioneering entrepreneurs of today.
Review
Managing The Dragon by Jack Perkowski is quite an extraordinary book that describes how one man took the time to follow his instinct and go to China to do business. Through his book, Jack has shown us how to take time out and listen to the local people to see how they do business and not only to learn from them but to add to this, new ways of doing things garnered from his Wall Street experiences.
Along the way we meet many wonderful people who have been both a help and a hinderance with as many frustrating times as there were success's.
I thoroughly enjoyed reading how, by taking time to listen and learn and surround himself with the right kind of local management teams, Jack Perkowski was able to build up a unique business - ASIMCO - throughout China with a $500 million turn over.
I felt that there was much to learn from this book for the ordinary person who wants to make a success of any project they wanted to set up. Here is a book that has the right kind of attitude to go about it in the right way.
Jack's determination that he was doing the right thing has made him the success he is today, plus his love of China and it's people.
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