Live Wire Management At Johnson Electric

Like many Chinese industrialists of his age, Wang Seng Liang was a natural. After losing his textile business in Shanghai to the Communists in 1949, he quickly reestablished himself in Hong Kong. By the 1960s, he had built Johnson Electric Holdings Ltd. into a prosperous maker of tiny motors for toys. Wang, recalls his son Patrick, "made decisions with his gut and was usually right." But he also leaned toward cheap furniture and kept the factory lights dim to save on electricity.

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