Arrrrrrrrrrrrrrrrrrrrrrg! It's 11pm and I just got back from my lunch meeting the ex-CEO and present Board "member" of Maybe-the-largest-in-Japan Inc. ARRRRRRRRRRRRRG!! These Japanese management morons wouldn't know a sweet deal if J-Low and Cameron Diaz offered it to them naked on a bed of $10,000 bearer bonds.
Such a simple deal: All I was pitching to them was a simple $20,000,000/year joint-venture with a Fortune 100 company. All Maybe-the-largest-in-Japan Inc. had to do was add the product to their product line-up with Japanese packaging/support. The cost to Maybe-the-largest Inc., maybe a couple thousand dollars . . . Hell, I offered to cover the product mangament out of my own pocket with my staff in our spare time, gratus.
Do you think Maybe-the-largest Inc. wanted to make an easy, no-risk, no-cost, extra $20,000,000/year?
Nope. Too "abunai." ARRRRRRRRRRRRRG!!
I've done the same kind of OEM joint-venture deals for Teledyne and Rayethon over lunch by writing the Intent contract on the Spago placemat---Done-deal under 45 minutes. In Japan, the same deal will take YEARS. All I can say is that Japan Inc. deserves its slow death. DOUBLE ARRRRRRRRRRRRRG!!
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Is Japan indulging in `happy isolationism'? IHT/Asahi: May 13, 2003
``Japanese companies are run by managers who rose to the top thanks to their companies'' past glory. They say a change is needed but actually, they don't want to change'''... The semiconductor industry is just an example. The entire Japanese system is plagued by such success disease, which is characterized by the inclination not to compete, avoid risks and evade responsibility.
