Fortune Makers: The Leaders Creating China's Great Global Companies

Neng Liang, Michael Useem, Harbir Singh, Peter Cappelli

    Research output: Book/ReportMonograph

    Abstract

    Fortune Makers analyzes and brings to light the distinctive practices of business leaders who are the future of the Chinese economy. These leaders oversee not the old state-owned enterprises, but private companies that have had to invent their way forward out of the wreckage of an economy in tatters following the Cultural Revolution. Outside of brand names such as Alibaba and Lenovo, little is known, even by the Chinese themselves, about the people present at the creation of these innovative businesses. Fortune Makers provides sharp insights into their unique styles--a distinctive blend of the entrepreneur, the street fighter, and practices developed by the Communist Party--and their distinctive ways of leading and managing their organizations that are unlike anything the West is familiar with. When Peter Drucker published Concept of the Corporation in 1946, he revealed what made large American corporations tick. Similarly, when Japanese companies emerged as a global force in the 1980s, insightful analysts explained the practices that brought Japan's economy out of the ashes--and what managers elsewhere could learn to compete with them. Now, based on unprecedented access, Fortune Makers allows business leaders in the United States and the rest of the West to understand the essential character and style of Chinese corporate life and its dominant players, whose businesses are the foundation of the domestic Chinese market and are now making their mark globally.
    Original languageEnglish
    PublisherPublicAffairs
    Number of pages288
    Edition1
    ISBN (Print)9781610396585
    Publication statusPublished - 1 Jan 2017

    Author information

    Michael Useem is William and Jacalyn Egan Professor of Management and director of the Center for Leadership and Change Management, Wharton School, University of Pennsylvania. Harbir Singh is William and Phyllis Mack Professor of Management and co-director of the Mack Institute for Technological Innovation at the Wharton School, University of Pennsylvania. Neng Liang is Professor of Management, Director of the Case Development Center, and Associate Dean for Faculty, China Europe International Business School, China. Peter Cappelli is George W. Taylor Professor of Management and director of the Center for Human Resources, Wharton School, University of Pennsylvania.

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