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Asia Future Shock: Business Crisis and Opportunity in the Coming Years Hardcover – 25 Oct 2007
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Michael Backman 'really understands why business evolved the way that it did in Asia.' - The Economist
Michael Backman is 'a brilliant writer on regional business strategies.' - Australian Financial Review
'Backman's excellent and extensive case studies are aimed at pointing out the pitfalls to foreign investors.' - The Independent
'...a must-read volume for anyone who is interested in current and future international affairs, global economics and business, or indeed for anyone who reads beyond the sports pages of the daily papers.' - Business and Finance Ireland
About the Author
Michael Backman specialises in Asia's economies and Asian corporate practice. He is the author of the international bestseller Asian Eclipse: Exposing the Dark Side of Business in Asia named by The Economist as one of the finest non-fiction books published for the year. He is the author or co-author of four other books on Asian business and culture and has a long-running and widely-read Asian business column in the Melbourne Age newspaper. He has lived and worked in Asia, and is a frequent speaker at conferences and seminars on Asia, both for companies and at public events. He is based in London when not travelling in Asia.
See www.michaelbackman.com for more information.
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Obsolescence is one prime factor.
In keeping abreast of such specific information, I normally go for my regularly updated diet from Straits Times' economic analyses/political commentaries/business insights pages, supplemented by watching those timely broadcasts from Channel News Asia, as well as CNN. I read occasionally the Business Times.
A good case in point is the recent two transcripts (in the Straits Times) of MM Lee Kuan Yew's dialogue with 200 diplomats & academics during his visit to the International Institute for Strategic Studies in London last week.
The only occasional deviation from my self-imposed rule is that I would sometimes acquire or read books that paint probable long-term DEGEST scenarios by global futurists, like 'The Extreme Future: The Top Trends That Will Reshape the World for the Next 5, 10, and 20 Years', by James Canton.
I have recently made an exception - partly attracted by the intriguing title, & partly, by the offer of a 20% store discount - by acquiring a copy of 'Asia Future Shock: Business Crisis & Opportunity in the Coming Years', by Michael Backman.
In the first instance, the author's credentials & track record in churning out earlier books in the genre seem impeccable to me.
Upon perusal, I am glad that the book has given me a quick & pretty comprehensive coverage of the region, particularly China, India, the two Koreas, Vietnam, Burma, & snippets of stuff about Singapore, Malaysia & Indonesia.
Frankly speaking, I have been quite captivated by the story of the author's search of a school in London for his son in the Introduction. I thought that was a pretty smart way to start off his book.
I am rather pleased to add that his resultant remark about the aptness of his book as ". . . a tool for small boys & girls, or at least their parents" is valid.
As an avid reader, I certainly have enjoyed reading the whole stuff in the book, especially about the risks & opportunities in the coming years, in one single collection.
There are 25 chapters, each offering a quick roundup of strategic insights, with suggestions for business strategists & scenario developers. Each chapter is also prefaced with a brief preamble with staggering statistics to tease reader's attention.
For me, the analyses are seemingly broad-based, but nonetheless, considering the size of the Asian region under coverage, the information given is adequate enough to give, in particular business readers, a good solid brush about the impact of China, India & the rest of Asia.
Not surprisingly, I haved noted that much of the author's sources have been international newspapers & broadcasted news. The Economist Intelligence Unit has also been cited as a source. During my corporate days, published reports from the latter were my regular intellectual companions.
This is another book I would keep at my bedside at least for the moment.
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