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Managing the Dragon
Managing the Dragon
Oct 8, 2024 9:12 PM

Author:Jack Perkowski

Managing the Dragon

After a highly successful career on Wall Street, in the early 1990s Jack Perkowski needed a new challenge. Having decided that China would be the future, he set about investigating this little-known market and the business opportunities it offered. Before long, Jack set up ASIMCO, a manufacturing business specializing in car components, which now has an annual turnover of over $500 million.

In Managing the Dragon Jack provides an insider's view of China, its many peculiarities and working practices. For example, we see how China's economy and government are highly decentralized and how the country tends to operate like a series of villages spread across a vast landscape; we discover how much influence 'the Party' has on the banks, and how economic incentives at local government level causes China to create overcapacity in virtually every industry. This may explain why the country has, almost single-handedly, placed the entire world in a cost / price squeeze.

Managing the Dragon is a revealing and thought-provoking memoir offering a fresh perspective on a country at the dawn of a new age. Through its colourful narrative it also tells the story of one of the most influential and pioneering entrepreneurs of today.

Reviews

Fantastic. I was riveted by it. I cannot believe what Jack Perkowski has accomplished, what an adventure he's had, how he's succeeded, and how well written his book is.

—— Michael Eisner, former CEO of the Disney Corporation

Jack Perkowski's story of his almost 13 years [in] China is a rare treat - a first-hand account of the struggle to build a business there...his wise and ultimately optimistic account should be required reading for anyone starting a business in China.

—— Economist

It tells, with some bravado and lots of humility, the firsthand story of a man who dared himself to move to China to seize upon the greatest economic boom of our age.

—— Ted C. Fishman, author of China Inc.

More than a great story...It is a graduate degree in the trials, tribulations and successes of starting from scratch in China... A compelling 'how-to' guide.

—— Timothy Manganello, CEO BorgWarner Inc

A remarkable story of business success against the financial odds – having created one of the world’s most admired brand names, Branson
is entitled to tell it all.

—— Evening Standard

Branson bares his soul - and everything else - in a non-fiction blockbuster... a must-read

—— Business Age

It is a warts and all book - the first ever penned by the subject himself... Branson bares his soul - and everything else - in a non-fiction blockbuster... a must-read...

—— Tom Rubython , Business Age
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