Thirty Years of Turbulence - Chinese Enterprises

作者：admin  点击次数：16  发布时间：2025-07-13

Chinese tourists in the Forbidden City do not look at national treasures, do not look at the main hall, and watch foreign tourists for a long time

In order to cope with the challenges posed by the Japanese, American companies have to try to learn. Xerox, which was beaten up by Japanese copier companies, began implementing "benchmarking management", which involves breaking down every aspect of production and operation, comparing it one by one with its strongest competitor, Fuji, in order to find key areas for improvement. Xerox persisted in this project for ten years and finally repelled Fuji's attack in the copier field.

General Electric, which is also facing enormous pressure, is about to change its CEO. Retired Reginald Jones has chosen Jack Welch against public opinion. At that time, Welch was not on the list of candidates for succession because he was too young, too impatient, and a bit stuttering. Twenty years later, the whole world will believe what a great choice this is.

On November 4th of that year, Ronald Reagan, a Hollywood actor, was elected as the 40th President of the United States. He faced challenges such as the oil crisis, tense US Soviet relations, and the rise of the Japanese economy as soon as he took office, and no one expected that he would later become one of the most successful presidents in American history.