Status of Management and Business Education in Japan 7 th Biennial International Business Institute for Community College Faculty Toshikata “Toshi” Amino Visiting Professor, Kansai University of International Studies 、 Japan

The Subjects which Management and Business Education Faculty in Japan are recently interested in China’s presence in global market, especially in Asia. a Increasing export to Japan market b Biggest competitor against Japanese companies in Asia c Possible competitor in other parts of world

More Import from China

China is now major exporter in global trade

Interesting Subjects Competitiveness of Japanese manufacturers against international competitors

Major Reasons why this subject is interesting for them ・ Long time sluggish economy in Japan weakened competitiveness of Japanese manufacturers ・ Financial aspect ・ R&D capability ・ Long term investment

Faculty ’ s Interests  How Japanese manufacturers will survive and revitalize themselves?  Studies about “ Winners ” and “ Losers ” “ What is the differences? ” ・ Overall strategy ・ Global advantages ・ Investment for R&D etc

Foreign Investment in Japan  Troubled, inexpensive Japanese companies are good targets for foreign investment  Lower stock price of those companies attract foreign investors

Faculty ’ s Interest  It is a new business phenomenon in Japan.  It is worthwhile to watch closely  How foreign investors (Companies) will do business in Japanese business environment ・ Business philosophy ・ Management practices

Entrepreneur/Venture Business  Great expectation to venture business which could stimulates sluggish economy and provide employment opportunities  Government efforts for deregulation to encourage entrepreneurs to start business Some colleges offer Entrepreneur Course

Example “ One Yen Company ”  Now you can start your business with one yen as a starting capital of your company (Previously one million yen)  One yen company policy encourage young people to start business

Globalization Process of Japanese companies Case studied of Japanese MNC such as Toyoto, Honda and Sony

(Continues) 2 Global Strategic Alliance between Japanese companies and foreign companies Automotive manufacturers Nissan-Renault

Regional Studies  China ・ Manufacturing base for export to Japan based on low labor cost ・ Huge consumer market  Brazil  India BICs  Russia

New Trend in International Business Education in Japan ・ Study Abroad ・ More numbers of business faculty from practitioner group ・ More non-Japanese faculty especially international business area ・ High percentage of foreign students who create more diversified student ｓ community

(Continued)  American style business schools, MBA programs  More emphasis on practical side  More use of case studies  Sister Colleges arrangement

How to internationalize your teaching? Our mission is to help students to open their eyes to the world  Encourage non-international business faculty to include international aspects in their specific teaching field  Examples ・ HRM – Cross cultural issues ・ Logistic – Global move of commodities ・ Accounting – Currency fluctuation

More aggressive use of international executives  Find locally available international business executives  They have stories to tell to your students

Visit International Corporations locally available  Find foreign companies in your area, could be Japanese, German, and Indian  There are many companies who are doing business with other countries

Use Do-it-yourself teaching material  TV Programs  Downloaded material  Video interview to business executives  International video conference  News paper and magazine clippings

Thank you for your listening  Questions, please