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Unformatted text preview: 90 percent of the top value creators receive 80 percent of their revenue from a single, primary industry sector. Finally, they tend to carry less in assets. The largest value creators need only $1 in assets to generate $1 in revenue. The average Asian company carries $4 in assets to generate $1 in sales. 2. According to the authors, what will be the ultimate consequences if Asian firms do not change from the strategy of using asset-intensive conglomerates? The authors believe that the best run firms in Asia have switched from the traditional conglomerate model. Failure of the firms to adapt will make them less competitive to Western firms. These more efficient global firms will make it tough for traditional firms to compete....
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- Fall '09