The year 2018 promises to be another strong year for business in Japan, not least because the world’s major economies are finally all growing, almost in sync. So far, however, the unsustainable monetary expansion that has been driving swelling profits has left many business leaders with an air of vulnerability. Strategies, therefore, have remained focused on careful restructuring and cost-cutting rather than on hunting for new opportunities, investment, and value added.
It now seems to be time to move on. The monetary windfall is certainly ending, costs and taxes are going up, and growth won’t get any higher. But the world is also engaged in a swirl of digital transformation that builds much more on business initiatives rather than on surplus money. New connections to customers and partners, and within corporate teams, are thriving across sectors and beyond traditional lines of doing business. “Where is the new value added in my (digital) strategies?” has to be the question for the year ahead. This presentation will discuss strategies from the perspective of foreign companies, who might be particularly well-placed to build on new digital opportunities.
Martin is Senior Economist at the Fujitsu Research Institute (FRI), a private think tank and consultancy that focuses on economic policy and corporate strategy in Japan. He is in charge of research and consultation on macroeconomics, finance, and corporate overseas strategies. His work is widely quoted in international media – with regular interviews at Bloomberg, CNBC, and the BBC, etc. Previously, Martin was a visiting researcher at the Bank of Japan and the University of Tokyo, assistant professor of Economic Policy and Monetary Integration at Free University Berlin in Germany, and guest professor at a number of universities in Europe and Japan. For more information about the speaker, please click here.
Felix Busch, Chair
Chad Musick, Daniel Wallin, Vice Chairs
Sean O'Connell, Mark Hosang, Secretaries
ACCJ Chubu - Business Programs Committee
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