The Invisible Link (Paperback)

Thomas B. Lifson

ISBN 10: 0262740141 / ISBN 13: 9780262740142

Published by MIT Press Ltd, Cambridge, Mass., 1988

About this Item

Paperback. A sogo shosha is like no other type of company. The Invisible Link provides a systematic and well-balanced description that covers virtually all aspects of sogo shosha operations, from finance to personnel.The sogo shosha is not defined by the products it handles or even by the services it performs, for it offers a broad and changing array of goods and functions. Its business goals are equally elusive, for maximization of profits from each transaction is clearly not the major goal, at either the operating or philosophical level. The sogo shosha could be broadly defined as a large, diversified, multinational enterprise engaged primarily in trading. Yet it is a uniquely Japanese business operation whose structural and strategic dynamics have no close counterparts in North America and Europe. There are only nine sogo shosha in Japan - six of them of major significance - and the largest employs fewer than 15,000. Among them, they handle about one-half of all of Japan's exports and imports. The sogo shosha typically deal in bulk in products that are highly standardized and technologically unsophisticated - raw materials, commodities, intermediary products. A large sogo shosha will finance, develop, manufacture and/or carry over 20,000 different items, "from noodles to missiles" as one slogan has it. The Invisible Link gives detailed coverage to such topics as historical evolution of the sogo shosha, strategic responses and competitive dynamics, culture and organization, administrative structures and processes, human resource systems, career outcomes, interunit and interfirm coordination, sectional and network organization, and emerging challenges as the nature of the Japanese economy changes. The Invisible Link takes a close look at the influential trading houses like Misubishi, Misui, and C. Ito which are known as sogo shosha. This item is printed on demand. Shipping may be from multiple locations in the US or from the UK, depending on stock availability.

Seller Inventory # 9780262740142

Bibliographic Details

• Title: The Invisible Link (Paperback)
• Publisher: MIT Press Ltd, Cambridge, Mass.
• Publication Date: 1988
• Language: English
• ISBN 10: 0262740141
• ISBN 13: 9780262740142
• Binding: Paperback
• Condition: new

About this title

Synopsis

A sogo shosha is like no other type of company. The Invisible Link provides a systematic and well-balanced description that covers virtually all aspects of sogo shosha operations, from finance to personnel.The sogo shosha is not defined by the products it handles or even by the services it performs, for it offers a broad and changing array of goods and functions. Its business goals are equally elusive, for maximization of profits from each transaction is clearly not the major goal, at either the operating or philosophical level. The sogo shosha could be broadly defined as a large, diversified, multinational enterprise engaged primarily in trading. Yet it is a uniquely Japanese business operation whose structural and strategic dynamics have no close counterparts in North America and Europe. There are only nine sogo shosha in Japan - six of them of major significance - and the largest employs fewer than 15,000. Among them, they handle about one-half of all of Japan's exports and imports. The sogo shosha typically deal in bulk in products that are highly standardized and technologically unsophisticated - raw materials, commodities, intermediary products. A large sogo shosha will finance, develop, manufacture and/or carry over 20,000 different items, "from noodles to missiles" as one slogan has it. The Invisible Link gives detailed coverage to such topics as historical evolution of the sogo shosha, strategic responses and competitive dynamics, culture and organization, administrative structures and processes, human resource systems, career outcomes, interunit and interfirm coordination, sectional and network organization, and emerging challenges as the nature of the Japanese economy changes.

About the Author

Thomas B. Lifson is an Associate in the Program on US-Japan Relations at Harvard University.

M. Y Yoshino is Professor of Business Administration at the Harvard Business School. Two of his books, Japan's Managerial System and The Japanese Marketing System, were published by The MIT Press.