THE INDUSTRY MAKERS, AND A PRESCRIPTION FOR INCUMBENTS: The Final Volume Showing New Industries in the Age of AI and Evolution Strategies for Incumbent Firms

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VURA Capital Innovation Holdings, Aug 4, 2026 - Business & Economics - 283 pages

AI Management Library – Volume X

The Companies That Created Industries—and What Existing Enterprises Must Learn

Why do some companies create industries, while others continue to lead them?

IBM.

TSMC.

ASML.

Arm.

Costco.

BYD.

SpaceX.

Anthropic.

Although these eight companies operate in very different industries, they share one defining characteristic.

They did not simply compete within existing markets.

They redefined the rules of their industries.

Some built the foundations of the semiconductor ecosystem.

Others transformed artificial intelligence, space exploration, electric vehicles, or retail.

Meanwhile, many established enterprises—despite possessing outstanding technologies, talented people, and abundant resources—have struggled to adapt to changing environments and have gradually lost their competitive advantage.

What separates those that reshape industries from those that fall behind?

This book answers that question through the perspectives of Future Value Theory and Enterprise Redefinition, providing a systematic framework for understanding what organizations must redefine to thrive in the Age of AI.

Learning the Future of Management from the Companies That Changed the World

The AI Management Library is a comprehensive ten-volume series consisting of 100 chapters and approximately one million words, designed to establish a systematic body of management knowledge for the Age of AI.

As the concluding volume of the series, this book brings together the ideas developed throughout the previous nine volumes.

It integrates the concepts of:


Management in the Age of AI

Future Value Theory

Enterprise Redefinition

Enterprise Value

Capital Strategy

and addresses one fundamental question:

How must enterprises evolve to succeed in the Age of AI?

Companies Featured in This Volume

This volume examines eight globally influential companies as case studies:


IBM

TSMC

ASML

Arm

Costco

BYD

SpaceX

Anthropic

Each company is analyzed through the same framework:


Why did this company change its industry?

What did it redefine?

How did it create future value?

How did it put Enterprise Redefinition into practice?

What can other organizations learn from its journey?

Rather than presenting corporate success stories, the book identifies the common management principles that enable organizations to shape industries and sustain long-term competitive advantage.

What You Will Learn

This volume explores ten essential themes for understanding industry leadership in the Age of AI.


What defines a company that creates an industry?

Why do established enterprises decline?

What is competitive strategy in the Age of AI?

What is innovation in the Age of AI?

What defines an enterprise that creates future value?

How do leading companies practice Enterprise Redefinition?

What is leadership in the Age of AI?

What guidance should today's executives follow?

What conditions are necessary for long-term survival in the Age of AI?

What is the future of management?

Through real-world case studies, each chapter reveals the common principles behind sustainable competitive advantage in the Age of AI.

Who Should Read This Book?

This book is intended for:


CEOs and business leaders

Board members and corporate strategy professionals

Innovation and new business leaders

Investors, private equity professionals, venture capitalists, and finance professionals

Management consultants

MBA students, researchers, and academics

Anyone who wants to learn management from the world's leading enterprises

The Conclusion of the AI Management Library

This volume serves as the culmination of the AI Management Library.

Through the journeys of IBM, TSMC, ASML, Arm, Costco, BYD, SpaceX, and Anthropic, it explores how organizations create future value, continuously redefine themselves, and shape entirely new industries.

The future is not something to wait for.

It is something enterprises create.

This final volume brings together the ideas of the entire series and offers a practical roadmap for leaders who aspire not only to adapt to the future, but to build it.



 

Contents

Structure which term is closest to zero
What it looks like in practice constraint or excuse
Questions for the executive
Chapter 100 What Should Enterprises Redefine in the Age of AI? 1 1 What remains after a hundred questions
Is there a general answer to what should be redefined?
What can still be said three redefinitions
Structure six equations and ten principles
What it looks like in practice what the redefining enterprises shared
Appendix A The Hundred Chapters 1 On chapter numbers 2 Vol I What Management Becomes in the Age of AI 001010
Organization and People in the Age of AI 011020
Future Value Theory 021030
Future Value in Practice 031040
Enterprise Redefinition 041050
Enterprise Redefinition in Practice 051060
Capital Strategy for the Age of AI 071080
What the Giants Redefined 081090

The last question
Afterword to Volume X
What you can try tomorrow 4 On finishing ten volumes
Glossary 1 Section 1
How to cite
Vol X The Industry Makers and a Prescription for Incumbents 091
Appendix B The Map of Concepts
Appendix C Seventeen Companies Compared
Appendix D References
Appendix E Index

Common terms and phrases

About the author (2026)

Naoki Kadowaki is the Founder & CEO of VURA Capital Innovation Holdings Inc.

After graduating from the Faculty of Engineering at Kyoto University, he began his career as an engineer at the Sony Group. He later spent nearly twenty years at IBM, including an assignment in New York, where he served as a Partner leading AI, digital transformation, and new business creation initiatives. He subsequently became President & CEO of a private equity portfolio company, driving enterprise transformation. Today, he integrates investment, management, and technology to enhance enterprise value and create future value.

He is also a Visiting Lecturer at the Keio University Graduate School of Business Administration (MBA) and a member of the Japan Association of Corporate Executives (Keizai Doyukai).

As artificial intelligence rapidly democratizes knowledge, analysis, and execution, the foundations of competitive advantage are fundamentally changing. In response to this transformation, Kadowaki proposed Future Value Theory, a new management framework for the Age of AI.

Future Value Theory begins with the premise that future value is society's shared expectation of the future. It provides a systematic framework for sustainable value creation based on five core elements: Purpose, Capability, Capital, Ecosystem, and Continuity.

He also proposed Enterprise Redefinition, a transformation framework for the Age of AI. It argues that sustainable enterprise value is created through the continuous redefinition of five dimensions: Purpose, Business, Organization, Capital, and Leadership.

In addition, he leads the AI Management Library, a global publishing initiative that systematizes management knowledge for the Age of AI. Centered on Future Value Theory and Enterprise Redefinition, the series explores management strategy, organization, capital, enterprise value, innovation, leadership, and other critical topics for AI-era management. The AI Management Library is published in both Japanese and English for a global audience.

He is the author of Future Value Theory, Enterprise Redefinition, Future Value Theory Q&A, 100 Questions for Management in the Age of AI, and other titles in the AI Management Library series.

His mission is to increase the number of enterprises and leaders capable of creating future value, thereby contributing to the sustainable advancement of humanity through research, writing, education, speaking, investing, and business leadership.

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