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

Fortune MakersMichael Useem, Management, The Wharton School; Harbir Singh, Management, The Wharton School; Neng Liang, China Europe International Business School; and Peter Cappelli, Management, The Wharton School

Summary: 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.

More About Fortune Makers

Purchase a copy of Fortune Makers here.

Michelle Eckert is Marketing and Communications Coordinator for the Mack Institute, where she works to engage students, researchers, and corporate partners in opportunities for collaboration. Michelle received her B.A. in Art from Valparaiso University in 2007. Her background includes two AmeriCorps terms of service working to teach mathematics, computer literacy, and job readiness skills to out-of-school youth in Philadelphia, focusing particularly on promoting access to post-secondary education.

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  1. […] Professor Peter Cappelli and his colleagues at The Wharton School, University of Pennsylvania, are trying to change that. Over the past few years, they have interviewed the leaders of China’s biggest private companies, including Lenovo, Tsingtao, Geely and Vanke. Last year, they shared their findings in Fortune Makers: The Leaders Creating China’s Great Global Companies. […]

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