The Japanese economy was once described as the “rising sun,” overcoming all odds to become an economic superpower. In the late 1980s and early 1990s, many of the largest companies in the world with the highest capitalization were Japanese. Often, the key to Japan's success was attributed to its unique business model, strategies and practices.
However, Japan no longer enjoys strong growth. Since the infamous “burst of the bubble”, Japanese companies have slipped from dominance and lost their competitive edge to companies in America, China and other regions. Japan's once highly acclaimed business management has been critiqued, judged, and brought into question.
Japan is now in a transitional phase. Some companies are cementing their traditional business practices, others are transforming their strategies entirely, while still others are unsure how to adapt to the new times.
This course is essential for anyone aiming to be a global leader. It helps them understand the basics of Japanese business, Japan's rise (including its successes and failures), and allows them to see future potential.
The course takes a holistic approach. It looks not only at strategy and practices, but also at the entire management ecosystem. It explores factors ranging from socioeconomic to international interventions that helped shape Japanese corporate culture, strategy and vision.
This course has been designed to give future leaders the right mindset to be a global leader. Learners study various corporate philosophies and case studies to see firsthand the benefits - and limitations - of Japanese business management.