ICJS Event: Ulrike Schaede on "Choose and Focus - The Transformation of Japanese Business Strategies"

Thursday, February 26th, 2009
7:00 p.m. (talk starts at 7:30 p.m.)
TUJ Azabu Hall 608 (Access)
Open to general public. You can purchase a bento and drinks at the convenience store next to the university.
Registration closed

About the Event

Japan's business organization has undergone a strategic inflection point so fundamental that our existing knowledge of Japanese business practices is no longer adequate for a full understanding of Japan. Long overshadowed by China's phenomenal ascent, Japan has now triumphantly returned to its status as a world economic powerhouse. Recent global business challenges notwithstanding, Japan reported its longest economic boom on record of 78 consecutive months between 2002 and 2008. This reemergence is led by a new breed of lean and mean Japanese companies that have assumed global leadership through focused investment in high-technology areas, providing source materials and components for products worldwide. Since 2000, more than 75 percent of Japan's largest companies have undergone major restructuring and renewal, in what is nationally referred to as a "choose and focus" strategy. As a result, the Japanese business model we used to know, with its lifetime employment, business groups, and main banks, has been completely transformed. An appreciation of these fundamental changes is helpful when assessing Japan's business outlook in the current global economic crisis.

About Ulrike Schaede

Ulrike Schaede is Professor of Japanese Business at the School of International Relations and Pacific Studies (IR/PS), at the University of California San Diego. She is the author of multiple books, papers, and chapters on Japan's government-business relationships, antitrust and trade associations, financial markets, and corporate strategy. Her current research also includes Japanese venture capital and entrepreneurship, as well as changing human resource management practices in Japan. Schaede earned her M.A. and PhD degrees in Germany, and has conducted research in Tokyo for a total of more than six years, including at Hitotsubashi University, the Bank of Japan, the Ministry of Finance and the Ministry of Economy, Trade and Industry. (for more information please visit here.)

About ICJS
The Institute of Contemporary Japanese Studies (ICJS) is an organization dedicated to fostering study and research on various topics related to contemporary Japan and Asia.