As the company expands its business, it is also increasing its own corporate entropy. The greater the difference in business areas, the more different management approaches are required, which in turn necessitates preventing more managers. The difference between managers and CEOs lies in the incentive mechanisms.

Japanese companies generally do not control corporate entropy at all; businesses may shift from manufacturing cars to producing pianos. Therefore, in the last round, Japanese companies were often large but not strong, primarily due to excessive corporate entropy, with only managers overseeing these diverse business units. Some of these managers may be several levels away from the board of directors and have no motivation to manage the business well (firstly, the vast majority of managers do not understand what "managing a business well" means).

American companies, on the other hand, tend to be more focused, which brings significant competitive advantages. This is also because the domestic market in the U.S. is large enough, providing opportunities for global sales.

Chinese companies, particularly internet firms, may reference the American model but with some expansion. For instance, Xiaomi has a wide range of business areas, and Tencent also has about four business segments that are not closely related. In contrast, companies like Nvidia, Meta, Microsoft, and Apple are considered to have a single business focus.

However, the American model of overly optimizing for a single business also comes with costs. For example, Apple surprisingly abandoned its car project, and Meta struggled to succeed in hardware, although some have succeeded.

Ultimately, it still comes down to issues of incentive mechanisms and talent, as well as the need for certain dividends, whether they are market dividends or talent dividends.

As a government, what should be done is to create these "dividends," allowing oneself to compete globally without much effort, like TikTok.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。