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AlineatNissanMotorKyushu'splant
FollowNikkeiAsianReview
WhatdoesCarlosGhosnmeantoJapan?AlthoughtheNissanMotorCEO
Like 322K Thebestcontentposted
wasmodestindescribinghislifeandcareerinhisseriesofautobiographical
essayspublishedinTheNikkei,anyonewouldagreethathehaschanged Follow@NAR Thelatestheadlinestweeted

postbubbleJapan.

Youmightalsolike
Ghosnhasneverbeenafraidtoquestionwhatareseenasthegoldenrulesfor
Companyinfocus:GlobalMediacom'sTV
successincorporateJapan.Beforetheeconomicbubblecollapsedinthe armfacesIndonesiansoapoperawar
1990s,thegeneralthinkingintheJapanesebusinessworldwasthatthere Chinaupclose:IsHuJintaoabouttogotoe
totoewithXi?
shouldbenowinnersorlosers.Buteconomicactivityinevitablycreatesthese
Interview:Indianoteban'simpacttobe
gaps,andtryingtostopthatfromhappeningcontradictseconomic shortlived:ADBeconomist
rationality. TeaLeaves:SouthKoreaandTrump's
America:Ataleoftwoprotests

GhosnhaschallengedsuchJapanesecorporateinstitutionsaslifetime Abevs.Trump,round1,abouttobegin
Recommendedby
employment,thesenioritysystemandkeiretsuthecloseknitwebof
companiescementedbyequityties,investmentsandotherbusiness
relationships.Thefactis,theyhadalreadybecomeirrelevantwhenthe Mostread

postwareconomicboomended.WhilemanyJapanesepeoplenodoubtwere TomohiroOtsuki:FoxconnacceptsTrump's
challenge,butwillTerryGoupullitoff?
awareofthis,"noonewantedtotakethetoughactionneeded"tosolvesuch Unexpectedphenomenonarisingfrom
problems,Ghosnwroteinhis"MyPersonalHistory"series. 2011quake

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3/2/2017 ThemanylessonsofGhosnsenseiNikkeiAsianReview

Whilehedidcastacriticaleyeonthesepractices,heneverwrotethemoffas Japanesebankstopprojectfinancing
rankings
entirelywithoutmerit."Awageandpromotionsystembasedsolelyon
Japanpaveswayforsellinganonymized
seniorityproducesnegativeeffects,"hewrote.ButGhosnalsostressedthat data

hedidnotthinklifetimeemploymentandkeiretsuweretotallyuseless.When MalaysiafindsfrontsforNorthKorean
crime
itcomestointroducingreforms,hiscriterionisassimpleasitispragmatic:
Isthecurrentmethodworking?Thisstraightforwardapproachishowhe
PrintEdition
convincespeoplearoundhimtoembracechange.
Japan'sentryto
shakeupAsia's
Whatborders? casinomarket

Macau'sregional
InadditiontospurringreforminJapan,Ghosnalsodeservesrecognitionfor challengersuptheir
casinogame
anothermajorachievement:globalization.In"preGhosn"Japan,being
Newfrontiersfora
globalmeantmanufacturinghighqualityproductsdomesticallyandselling newbreedof
casinooperator
themoverseas.Butfocusingonthesupplyofgoodsismerelyanextensionof
anexportdriveneconomy.
Seeallissues

ThebreakupoftheSovietUnionandothereventsusheredintheeraof
Videos
globalism,whichcoincidedwiththecollapseoftheJapanesebubble.The
CobraGoldmilitaryexercises
conceptoftheborderlessmovementofpeople,goodsandmoneysoforeign stagedinThailand
tomostJapanesebusinessescamenaturallytoGhosn,whowasbornin
Brazil,educatedinFranceandworkedformanyyearsintheU.S. MakingP2Ploanswork

NissanwasprobablythefirstJapanesecompanytofullyembracesuchideas
NHKSymphonyOrchestra
asperformancebasedpayandworkforcediversity.Theautoindustrywas toursEurope
thesymboloftheoldmodelofinternationalizationmadeinJapan,
shippedabroadanditwastherethattheoldcorporatecultureswere more

perhapsthemostdeeplyentrenched.Nissanfellonhardtimes,butunder
Ghosn,ithadtheadvantageofexperiencingglobalizationbeforeitsrivals
did.

Didhehavethemagictouchfromthestart?WasedaUniversityassociate
professorJusukeIkegami,whohasstudiedtheexecutiveforyears,says
Ghosn'sstoryisoneofcontinuousgrowth.HewasheadhuntedbyFrench
tiremakerMichelinwhenhewasasciencemajoratuniversityandwasputin
chargeofafactorywhileinhis20s.Hecontinuedclimbingthecorporate
ladder,takingchargeofthecompany'sBrazilianandNorthAmericanunits,
thenbecomingtheNo.2executiveatMichelin.Hewentontobecome
Editor'spicks
executivevicepresidentofRenaultandeventuallyNissan'sCEO.Thebigger
Chinaupclose:XiJinpingand
theorganizationsheheadedbecame,themorehelearned. the'manwhoknewtoomuch'

AsheadoftheRenaultNissanAlliance,Ghosndecidedtobringscandalhit
WhydidMasaSonspend
MitsubishiMotorsintothefold.Howfarwillhego?Onlyheknowsthe $3.3bnonaninvestment
answer.Butonethingiscertain:Ashewroteinthefinalinstallmentofthe company?

series,hewillneverstoplearning.
Thailandpinsgrowthhopes
onmassiveinvestmentalong
eastcoast

1 2 Next> Last>>
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3/2/2017 ThemanylessonsofGhosnsenseiNikkeiAsianReview

Nissan'sGhosnshiftsfromCEOto'guardianofalliance'
CarlosGhosnresignsasNissanCEO

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