LEADER 04981nam 2200685Ia 450 001 9910460173603321 005 20200520144314.0 010 $a0-8014-6055-7 024 7 $a10.7591/9780801460555 035 $a(CKB)2670000000081015 035 $a(OCoLC)726824260 035 $a(CaPaEBR)ebrary10457621 035 $a(SSID)ssj0000483308 035 $a(PQKBManifestationID)11303495 035 $a(PQKBTitleCode)TC0000483308 035 $a(PQKBWorkID)10529125 035 $a(PQKB)10689386 035 $a(MiAaPQ)EBC3138000 035 $a(OCoLC)966819167 035 $a(MdBmJHUP)muse51778 035 $a(DE-B1597)478660 035 $a(OCoLC)979740832 035 $a(DE-B1597)9780801460555 035 $a(Au-PeEL)EBL3138000 035 $a(CaPaEBR)ebr10457621 035 $a(EXLCZ)992670000000081015 100 $a20080211d2008 uy 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt 182 $cc 183 $acr 200 10$aChoose and focus$b[electronic resource] $eJapanese business strategies for the 21st century /$fUlrike Schaede 210 $aIthaca $cCornell University Press$d2008 215 $a1 online resource (303 p.) 300 $aBibliographic Level Mode of Issuance: Monograph 311 $a0-8014-4706-2 320 $aIncludes bibliographical references and index. 327 $tFront matter --$tContents --$tPreface --$t1. Introduction --$tPart I. Toward Choose and Focus --$t2. Japan's Strategic Inflection Point, 1998-2006 --$tPart II. The Old Japan --$t3. Postwar Corporate Strategy --$t4. Diversification versus Focus --$tPart III. Japan's Changing Industrial Architecture --$t5. Corporate Relations: Keiretsu, Cross-Shareholdings, and the Main Bank --$t6. Ownership: Institutional Investors, Mergers and Acquisitions, and Corporate Governance --$t7. Subcontracting: Globalization and Supplier Relations --$t8. Price Competition: The Business-to-Business and Retail Price Revolutions --$t9. Lifetime Employment: Changing Human Resource Management --$tPart IV. New Markets and New Entry --$t10. Venture Capital: Opening Access to Finance --$t11. New Competitors: Softbank, Kakaku.com, Astellas, and SBI E*Trade Securities --$t12. Conclusion: The New Japan --$tReferences --$tIndex 330 $aBetween 2002 and 2008, Japan's economy saw constant expansion, a record among the world's advanced economies and Japan's longest period of economic growth since World War II. This remarkable achievement came about because of a transformation of Japanese business practices. This transformation was guided by strategies that enabled Japan's leading corporations, previously diversified to an exceptionally high degree, to become leaner, more nimble, and more competitive at home and in the global economy. In Choose and Focus, the first in-depth account of this strategic inflection point in Japanese business, Ulrike Schaede argues that the emerging practices and attitudes have created a New Japan. Drawing on profiles of several corporations, including Panasonic, Takeda and Astellas, Softbank, kakaku.com, and SBI E*Trade, Schaede explains how the fundamental principles of Japan's economy have been overturned. "Choose and focus" strategies, whereby corporations concentrate on core areas and spin off unrelated businesses, have completely altered the strategic logic of Japan's previous industrial architecture. These surprisingly aggressive moves, Schaede finds, have created new market opportunities for start-up enterprises and foreign investors, as well as a wave of mergers, acquisitions, and hostile takeovers that have shaken Japanese companies out of complacency. Unlike the advances made by Japanese firms in the 1970's and 1980's, the current transformation is taking root in component and materials industries rather than in consumer products. Because of the relative obscurity of the changes and the overshadowing story of China's ascent, the Japanese corporate revolution has gone largely unnoticed among Western observers. Choose and Focus is required reading for anyone doing business in Japan or trying to understand how contemporary Japanese business works and how Japanese corporations have reinvented themselves to face the challenges-and realize the opportunities-of the 21st century. 606 $aCompetition$zJapan 606 $aProduct differentiation$zJapan 606 $aStrategic planning$zJapan 606 $aHigh technology industries$zJapan 607 $aJapan$xCommercial policy 607 $aJapan$xEconomic policy$y21st century 608 $aElectronic books. 615 0$aCompetition 615 0$aProduct differentiation 615 0$aStrategic planning 615 0$aHigh technology industries 676 $a338.50952 700 $aSchaede$b Ulrike$f1962-$0974108 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910460173603321 996 $aChoose and focus$92485042 997 $aUNINA