The Business Reinvention of Japan: How to Make Sense of the New Japan and Why It Matters

Schaede, Ulrike

ISBN 10: 1503612252 / ISBN 13: 9781503612259

Published by Stanford Business Books, 2020

About this Item

Seller Inventory # mon0003793472

Bibliographic Details

• Title: The Business Reinvention of Japan: How to Make Sense of the New Japan and Why It Matters
• Publisher: Stanford Business Books
• Publication Date: 2020
• Language: English
• ISBN 10: 1503612252
• ISBN 13: 9781503612259
• Binding: Hardcover
• Condition: Fine

About this title

Synopsis

After two decades of reinvention, Japanese companies are re-emerging as major players in the new digital economy. They have responded to the rise of China and new global competition by moving upstream into critical deep-tech inputs and advanced materials and components. This new "aggregate niche strategy" has made Japan the technology anchor for many global supply chains. Although the end products do not carry a "Japan Inside" label, Japan plays a pivotal role in our everyday lives across many critical industries. This book is an in-depth exploration of current Japanese business strategies that make Japan the world's third-largest economy and an economic leader in Asia. To accomplish their reinvention, Japan's largest companies are building new processes of breakthrough innovation. Central to this book is how they are addressing the necessary changes in organizational design, internal management processes, employment, and corporate governance. Because Japan values social stability and economic equality, this reinvention is happening slowly and methodically, and has gone largely unnoticed by Western observers. Yet, Japan's more balanced model of "caring capitalism" is both competitive and transformative, and more socially responsible than the unbridled growth approach of the United States.

About the Author

Ulrike Schaede is Professor of Japanese Business at the School of Global Policy and Strategy, and Director of the Japan Forum for Innovation and Technology, at the University of California San Diego. She is the author of seven books, including Choose and Focus: Japanese Business Strategies for the 21st Century (2008).