Day: June 26, 2020

A dramatic example of adopting best practices

Why do Japanese family businesses manage to survive for so long? One reason may be that, when they lack a suitable hereditary successor, Japanese families will adopt a promising young adult to groom for the role. Almost always men, these outsiders marry into the family and even take the family name. Suzuki Motor’s leadership is a famous example of this tradition, with the company having been run by four generations of adopted sons.

Adoption of this kind — known as mukoyoshi — is virtually unknown in Western business. But it was well established at Undershaft and Lazarus, the explosive fictional enterprise at the heart of George Bernard Shaw’s bracingly funny play Major Barbara. For business leaders, the play is dynamite.

Why should we concern themselves with this long-ago stage comedy? Because there has never been a more important play about business, and many of its central concerns remain contentious

Read more

A dramatic example of adopting best practices

Why do Japanese family businesses manage to survive for so long? One reason may be that, when they lack a suitable hereditary successor, Japanese families will adopt a promising young adult to groom for the role. Almost always men, these outsiders marry into the family and even take the family name. Suzuki Motor’s leadership is a famous example of this tradition, with the company having been run by four generations of adopted sons.

Adoption of this kind — known as mukoyoshi — is virtually unknown in Western business. But it was well established at Undershaft and Lazarus, the explosive fictional enterprise at the heart of George Bernard Shaw’s bracingly funny play Major Barbara. For business leaders, the play is dynamite.

Why should we concern themselves with this long-ago stage comedy? Because there has never been a more important play about business, and many of its central concerns remain contentious

Read more

Free Webinar | July 14: Waze CEO Shares Roadmap from Startup to Global Phenomenon

Join us as we delve into practical leadership advice and the challenges and opportunities for entrepreneurs in today’s landscape.

Grow Your Business, Not Your Inbox

Stay informed and join our daily newsletter now!


2 min read

Opinions expressed by Entrepreneur contributors are their own.


If you have ever wondered how a startup becomes a global phenom and gets acquired by one of the world’s biggest brands, you won’t want to miss this one. This leadership series is hosted by Comparably co-founder/CEO Jason Nazar as he sits down virtually for a fireside chat with Noam Bardin, CEO of Waze — the world’s largest crowdsourced navigation app (acquired by Google for nearly $1B in 2013). This “If You Knew Then…” conversation will delve into practical leadership advice, personal life philosophies and guiding principles, and the challenges and opportunities for entrepreneurs in today’s landscape. 

Other topics that will be covered

Read more