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02.2021 Life Guide

Book recommendation: "Upheaval"

Far Eastern Group / Douglas Hsu
366J02
        By Jared Diamond

        Publishing House: the times

        Publication date: December 3, 2019

        2020 will undoubtedly be a turbulent year: the epidemic of covid-19 will spread all over the world, and it will have a huge impact on individuals, enterprises and even countries. Not only is the epidemic coming, but the global political and economic situation is also turbulent. There are ethnic conflicts to be resolved in the United States, tense relations with China abroad, and the outcome of the presidential election will affect the world situation; brexit has gone through ups and downs, and there are still many differences in trade negotiations. There are still many crises and dilemmas happening all over the world. The severe international situation makes the global industry face severe shocks. How to find the way forward is a topic for leaders from all walks of life.

        This book takes seven countries (Finland, Japan, Chile, Indonesia, Germany, Australia and the United States) as examples: Finland, faced with the invasion of the Soviet Union, has a more pragmatic way to coexist with neighboring powers; President Pinochet's totalitarian regime has disintegrated democracy and freedom In the 19th century, under the impact of the Western powers, Japan opened a new era of Meiji Restoration and became the most advanced country in East Asia. However, this does not mean that it has been smooth sailing since then. Today, Japan still has to face government debt, historical wounds with China and South Korea, and aging society The United States, which has always been a world power, regards China as its biggest enemy. However, political polarization is the real top worry of the United States. In addition to the crisis brewing in various countries, all mankind should face up to the crisis in the world: the threat of nuclear weapons, climate change, resource depletion, and inequality in living standards are the future we must face seriously.

        In addition to analyzing the time and space background of each country's cases, the author also analyzes the action strategies and results of each country by using 12 key factors to resolve the crisis, so as to examine the current world situation, hoping to bring new inspiration. The crisis faced by the country also applies to enterprises. To successfully cope with internal and external pressure, leaders must make appropriate "selective changes" in time to get out of the predicament. The examples in the book can help us face the challenges of business operation, including: admitting that we are in a crisis; taking responsibility for change; building fences to identify the areas that need to be changed; identifying the foreign aid available; seeking other models of similar problems; waiting patiently and constantly trying new solutions; reflecting on the appropriateness of the organization's core values; and honest self-assessment. In addition, maintaining flexibility and striving for innovation are also the key to successful transformation.

        "Turbulence" has become the world's daily routine. Competition, hostility and sudden changes in the international situation will be the new normal in the future. As an international enterprise, far eastern group should always be flexible and resourceful in order to remain invincible. The top enterprises are growing because of the crisis. Far Eastern Group has been established for more than 70 years. It is our next goal to successfully enter into a century old enterprise. We hope that all far eastern can "break through with action, winning over new norm" in the face of sudden near worries or gradually formed foresight.

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