Rarely does a company sustain its global industry leadership for more than a few decades, and most that do so are very well-known global brands. YKK, an 88-year-old Japanese manufacturer of zippers, is not a household name, yet it has quietly, and impressively, stayed atop of the global fastener industry for decades. It has remained relevant and preserved its leadership globally and in the U.S. market. What enabled YKK to do so well for so long?
The authors examine how YKK has beaten the odds, and provide a possible roadmap for other companies looking to sustain a viable, profitable business in international markets. They also offer several areas of potential vulnerability which pose serious challenges to a company’s pursuit of longevity.
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