A couple of years back, a friend directed me to an excellent case study about one of the most successful Japanese companies – DoCoMo, authored by John Beck and Mitchell Wade. A spin-off from Nippon Telegraph and Telephone (NTT), it gets its name from “Do Communications over Mobile network”. The book is full of interesting trivia and anecdotes throughout the six chapters titled Love, Inequality, Impatience, Luck, Fun and Strength. One can learn some interesting things from it, keeping in mind that case studies do not provide a formula for success, because there is none. Depending on the situation, someone could fail following all of the things DoCoMo did and someone could succeed without doing so.
The book starts with a chapter on Love, and talks about how DoCoMo won early, avid customers for its groundbreaking wireless technology by reaching out beyond the apparent and mainstream markets – appealing to hip trendsetters and gadget junkies, as well as active, ambitious professionals – and tapping into personal passions.
The one on Inequality states that economics is all about inequality – it makes trade possible, increases demand, drives competition, enables innovation! One can make money by creating value out of this disparity. Sometimes, the differential is pure luck (e.g. Californian Gold Rush); sometimes it is the inequality of information.
The chapter on Impatience illustrates how the restless energy and all-encompassing focus of its chairman Kouji Ohboshi saw DoCoMo through a series of early crises, each time emerging more determined and stronger. He is known for his ‘cockroach’ style – he scurries around, gets into everything around him, doesn’t wait for a network of others to find out what’s going on, doesn’t pause for consensus to build. He does a lot of prior consultation on the grass-root level before executing a new idea (a beautiful gardening term for this is ‘nemawashi’ which means preparing a tree for transplant.)
A very crucial chapter on Luck shows us the big lucky breaks DoCoMo got, and more importantly – what it did with those. It was spot-on on timing, and quickly executed innovative ideas. Then follows the chapter on Fun. It is a powerful antidote to risk, driving innovation ahead. Fun takes creativity to the next level and boosts learning. The authors say that innovation comes from someplace beyond our flow charts and process manuals. Fun is the best way of getting there.
The last chapter is about the inner feeling of Strength that DoCoMo has enjoyed. Not a tyrannous force, but a gentle one, which radiates non-threatening confidence allowing great partnerships. DoCoMo did not try and dominate and exploit content providers by charging too much. They just distributed, sat back and made money, while content providers guessed people’s tastes, came up with new content, created a buzz, maintained the servers. Staying inside your limits takes strength, especially in a booming market
DoCoMo’s story is about all these emotions; a great read indeed.
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