As a follow up of my report on the victory of Korea which I have been writing about in a series of Part 1 and Part 2, below are some interesting reactions of Korea, France and other countries
By the way, the person in charge of this project in Abu Dhabi referred to in my previous column (Part 2) is ‘Prince Mohammad’, correctly ‘The Crown Prince Mohammad’. I have had the honor of seeing him twice in person sometime ago and just by listening to him I could clearly see his wisdom and intelligence. This Crown Prince Mohammad is the person who is mentioned as the ‘top management’ in the comment #1 which I have quoted in my report Part 2.
As always,The Economist or Chuo Nippo of Korea (Japanese site) provide us with some movements. How shocking it was for the French, the top of the world, is described in the report of ‘France 24’ titled ‘UAE nuclear deal: a French flop?’. France has already started planning the next strategy based on the analysis of this defeat.
Chosen Nippo continues to send us vivid reports and follow ups. Here are some titles of the articles which I have quoted from the site. I think Japan can learn much from this kind of information
●Exporting nuclear power: Reversal after reversal, behind the scene of negotiation (Part 1); in Japanese
●Exporting nuclear power: Reversal after reversal, behind the scene of negotiation (Part 2); in Japanese
●Exporting nuclear power: Search for target after UAE, total war in opening doors of overseas nuclear market. (Part 1); in Japanese
●Exporting nuclear power: Search for target after UAE, total war in opening doors of overseas nuclear market. (Part ２); in Japanese
Then, what are the reactions of Japan? I have written on it in my earlier reports (1 and 2). My advice is to learn from the contents in this Part 3 or elsewhere, compare and think hard. Winning and losing is a part of competition, so reflecting and humbly learning from the experience would be the first step to next move.
I think that difference of top management of the organization; whether the leader is a ‘winner in tournament’ (basically, one who avoid mistakes will make it through) or one who ‘won in league’ (one who learn lessons from his/her defeats will climb up the ladder) will be clear and causes effects at situations like this. Refer to books by Kazuhiko Toyama, ‘Yubi ippon no syunen ga shyobu wo kimeru (A finger-tip of obsession decides the winner), ‘Kaishya wa atama kara kusaru (A company will rot from the head)’ or Ref.1 . People without any personal experience of fighting hard in their young age tend to lack spirit of learning lessons from defeat, or seeing chances for growth in defeat ? in other words, these people lack adventurous sprit, spirit of entrepreneur, value of‘nails that stick out’ (Ref.1, in Japanese)
For Japan that failed to grow and now suffered ‘lost 20 years’ after the bubbles, 2010 will without doubt be the crucial year.