A few days ago the Chinese Lunar New Year of the Rat began. Rat characteristics include cleverness, a strong work ethic, and entrepreneurialism. As these qualities can be recognised in the way the Shaw Brothers ran their business (in fact, Runme Shaw was born in the Year of the Rat*). I thought that I would check to see if anything significant happened for Shaw Brothers Organisation in past Years of the Rat.
Apparently, the Year of the Rat is auspicious for new beginnings. And it was in 1924, the Year of the Wood Rat, that Shaw Brothers got their start as filmmakers:
“By 1924, (eldest brother) Runje had developed an interest in the new technology of filmmaking. He founded Tianyi (‘Unique’) Film Productions and he and his three younger brothers started writing and producing their own movies. This locates them as being among filmmakers participating in an early ‘golden age’ of Chinese filmmaking centred on Shanghai in the 1920s.” Chapter 2, Ask for the Moon
Another important event that happened in 1924 – one that would have a bearing on the development of future Shaw Brothers enterprises – was that Runme Shaw was delegated to go to Singapore to set up the Shaw Organisation, which is still headquartered there today. This move insured the brothers against the ripple on effects of political unrest and business competition in Shanghai. And it flagged a familial gift for entrepreneurialism:
“There are a couple of things to note here – significant markers in this early bit of history that were to harden into patterns of behaviour over the decades. One is the extraordinary perspicacity Shaws showed: Runme was sent to Singapore soon after the Shaws’ movie business started, thereby hedging Shaws’ bets when competition from (other film studios) and disruption from the political situation became too unstable an environment for their business to remain viable in Shanghai. By the time the Shanghai film studio had to close in 1937 (the same year the Japanese won the Battle of Shanghai), the Singapore branch of the family business was well established. This early pivot… paid off. Time and again, during their history after this point, the Shaws’ willingness to embrace the new (whether that be in location or business model) was to be to their benefit.” Chapter 2, Ask for the Moon
The Shaws’ willingness to innovate can be seen as apposite to the Year of the Rat characteristics mentioned above. Truthfully, Run Run and Runme Shaw were such brilliant strategists, and their entertainment empire so complex and busy, that it is hard to find a year in Shaws Organisation’s history when something ground-breaking didn’t happen. Still, perhaps a good beginning in the Year of the Wood Rat in 1924 did do something to put them onto the road to success.
Happy New Year! Let’s hope that 2020 is auspicious for all of us.
*Run Run Shaw was born in the Year of the Goat.