strategy

EP# 016: Konosuke Matsushita: Overcoming Adversity (Part II)

EP# 016: Konosuke Matsushita: Overcoming Adversity (Part II)

Part II continues the amazing story of Konosuke Matsushita, the founder of Panasonic. If his early life was not incredible enough, the start of WWII puts the company and Matsushita in uncharted territory as the Japanese Imperial Army puts incredible pressure on the company to support the war effort.

Matsushita’s experiences during WWII led him on a spiritual journey to change the world and help humanity. His never ending creativity and innovation to transform society to help all of mankind moved him beyond business to help Japan overcome massive changes and ensure a great future for his country and the world. Well into his 80s, Matsushita was still innovating and working hard to improve society.

EP# 015: Konosuke Matsushita: Overcoming Adversity (Part I)

EP# 015: Konosuke Matsushita: Overcoming Adversity (Part I)

This episode’s topic is on Konosuke Matsushita, the founder of Panasonic. Also known as KM, the following quote epitomized his philosophy on business and life.

 “An enterprise as a whole is as good or bad as the abilities of the individuals who comprise it. The development of the individual therefore, becomes of critical importance to an organization”

KM was one of the most amazing businessmen and philanthropists that most people have never heard of. He was the founder of the massive electrical firm Matsushita Electronics (or MEI), known today as Panasonic. He built one of the world’s largest and most prosperous electrical companies. He was born into a comfortable, wealthy family but soon his world was upended and his family was driven into poverty.

He had minimal formal schooling, lost the majority of family to tuberculosis, and was hampered by poor health that kept him bedridden for long periods of time. However, he continually developed new ideas to innovate his business. As he aged he maintained a youthful outlook on life that continually grew the business, while focusing on improving society.

EP# 014: OTC: Deception and Surprise

EP# 014: OTC: Deception and Surprise

Military theorists, most notably Sun Tzu focused on the benefits of deception to shock and surprise your opponent. Unfortunately, most business leaders ignore this technique as the daily requirements of Wall St. requires a short-term perspective and pressure to share to plans publicly. Unfortunately, this short-term mindset prevents leaders from using many effective ways to outmaneuver competitors.

Sun Tzu and his Art of War is a great resource for military and business strategists. Sun Tzu noted that all warfare is based on deception. Hence, when able to attack, we must seem unable, when using our forces, we must seem inactive, when we are near, we must make the enemy believe we are far away, when far away, we must make him believe we are near.

This episode will review four key military campaigns that demonstrate the effectiveness of deception and surprise. These examples are great models for business leaders to adapt similar strategies and tactics to outmaneuver competitors and continually wow customers.

EP# 011: Momo-san: The Inventor of Instant Noodles

EP# 011: Momo-san: The Inventor of Instant Noodles

This week’s topic is about the incredible story behind instant ramen and the man who made it a worldwide source of tasty, inexpensive food. One man had a dream to provide low-cost, healthy food to ensure Japan’s citizens were able to recover from the destruction of the war.

The man was Momofuku Ando and the company he created was Nissin Food Products. Ando-san, better known as Momo-san, created the revolutionary product of instant noodles and later CUPNOODLES. His products and continuous innovations helped Japan be recognized around the world as a source of innovation.

EP# 006: OTC: Market Research 101

You don't often hear business gurus or professors at top level universities talk about market research. What you will hear most often is sexy musings regarding strategy and innovation, or the wonders of finance. But if an organization does not know what is going on in the market, their competitors will pass them and customers will not return.

Dr. O outlines 8 points to consider to ensure market research is the cornerstone of your success.

Show notes (with time stamps)

Introduction: 00:00 – 02:44

Train Yourself & Everyone Else: 02:47 – 8:18

Train Every Department: 08:22 – 13:32

Genchi Genbutsu: 13:36 – 18:06

Quantitative Data: 18:10 – 22:34

Qualitative Data: 22:39 – 30:43

Primary Research: 30:47 – 33:17

Secondary Research: 33:21 – 36:32

Technology: 36:36 – 43:22

Summary: 43: 27

Music

Artist: Scott Holmes

Album: Road Trip

Track: Indie Rock