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The Book of Five Rings for Executives: Musashi's Classic Book of Competitive Tactics ReviewThis book is a valuable development of the metaphor of a samurai swordfight for how to gain competitive tactical advantage in business. The author has taken Miyamoto Musashi's 1643 classic and put it into the context of business issues. The book contains Musashi's principles updated and customized for the current business world in seven principles, five aspects (or rings), examples from Japanese companies' use of these ideas, and cases (Starbucks, Robert E. Lee, Warren Buffett, George Washington crossing the Delaware, Andy Grove, Bill Gates, Lawrence of Arabia, and Donald Trump). As a result, the lessons are quite accessible and clear.The seven principles are: Ordered Flexibility ("the nature of water"), Execution ("appropriate action at the right time"), Resources ("information is the fabric of tactics"), Environment ("approach derives from circumstances"), Attitude ("firm, yet flexible . . . centering on a determining reality"), Concentration ("concentrating strength against weakness or resources against opportunity"), and Timing ("when the scale is tipped in favor of the tactics you have chosen").
The Japanese business application of this approach is to: 1) copy technology and train people. (2) recombine elements and widen market acceptance. (3) increase quality/price ratio and dominate markets.
The five aspects are: (1) Foundation (2) Form (3) Fire (4) Fabric and (5) Focus.
Let me elaborate on the Foundation concept to give you a sense of what is in these sections. The rules of Foundation are: (1) Do what is right, what is correct. (2) Sense the rhythm and timing in everyday situations. (3) Broaden your knowledge of management. (4) Study other arts and professions. (5) Distinguish between profitable and unprofitable activities. (6) See reality under all circumstances. (7) Look for what is not obvious. (8) Concentrate on critical details. (9) Eliminate useless activity. (This last sound's like Peter Drucker's famous exhortation to "slough off yesterday.")
This book is the third volume in a series that Mr. Krause has created about how business people can compete more effectively that draw on classic books on this subject.
Musashi's work is much better known in Japan than in the United States. He was a legendary samurai swordsman who from ages 13 to 29 defeated 60 men in duels. Death or severe injury was always at risk. Then he retired to a cave and lived as a pauper writing about the lessons of his battles for the next 30 years. This book is based on those writings which were a five part letter to his followers and students. The essence of that advice is to "look beneath the surface" of the events around you to distill their meaning.
Those who wish to improve their sword fighting and dueling skills should read the original. Those who enjoy this book may wish to read the original as well. You will be rewarded by obtaining a deeper sense of the Zen philosophy behind these observations.
All business people will benefit from this book. Highly recommended!
Although this book focuses on tactics, you would do well to combine it with Sun Tzu's thinking about how to use strategy to create situations where no battle is needed. Then you need only practice your tactics to keep sharp, not to secure your advantage. For example, if your advantages in quality, effectiveness, honor, and prestige are so great that others know they cannot compete and would be harmed or simply waste time and effort by doing so, they will seek you out as a partner instead. Then, much more can be accomplished for all!
Be sharp!
The Book of Five Rings for Executives: Musashi's Classic Book of Competitive Tactics Overview
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