1. JSC Business Week 4 part 1 Three Gods of Japanese Business
Doyoung Park
Osaka Gakuin University

2. World’s Most Respected Leaders
Bill Gates, Microsoft
Jack Welch, GE
Carlos Ghosn, Nissan
Warren Buffett, Berkshire Hathaway
Michael Dell, Dell
Financial Times 2008

3. Criteria of Top Leaders
Skill to make a profit
Business philosophy
Role Model

4. Japan’s most respected CEO
Konosuke Matsushita, Panasonic
Soichiro Honda, Honda
Kazuo Inamori, Kyocera
Sumitomo Insurance Survery, 2007

5. Three Gods of Japanese Business

6. Konosuke Matsushita 1894-1989 Matsushita Electronics Matsushita
Panasonic
JVC
Victor
Technics
National

7. Konosuke Matsushita God of management
Japan’s most respected business leader
Matsushita Leadership by John Paul Kotter, Simon and Schuster (1998)

8. Matsushita Management
“Matsushita makes the people and also produces electronics.”
Management of Human Resource

9. Matsushita Business 10 Lesson
Love Your Job To Do It Well
Do What Common Sense Dictates
Follow the Laws of Nature
A Leader Should Have a Vision
Dreams Should Be Shared
Management Is Perpetual Creation
Don't Assume That Something Is “Impossible“
Transparent Management Fosters Growth
Dam Management
Bad Times Have Their Bright Side

10. Core Values of Matsushita Management
How to Manage Manpower
Life-long employment
Job sharing to keep employment during the Great Depression 1930s
Employees’ welfare
How to Prepare for future Crisis
Strengthen the internal infra-structure
Equipment dam, capital dam

11. Wind of Change in Employment
Part time laborers in manufacturing industry, 2002
Increasing part time laborers – Reducing employment cost
Economic crisis 2008 – massive lay-offs
Vanishing life-long employment tradition

12. Economic Malignant Cycle
Business slump-Lay-off – lower income – lower purchase power – business slump

13. Tent City for Jobless

14. Philip Kotler, Northwestern University
Old Normality: Recession – Recovery
New Normality: Age of Crisis
Chaotics Model

15. Matsushita for Crisis
How to stable employment security
How to prepare the crisis
Matsushita model again?

16. Soichiro Honda
Honda Motor Co.

17. Honda Management Separation of ownership and management
Famous retirement story
No Hondas in the executive group
Different from Toyota
Enthusiasm for cutting-edge technology
Engineer CEO
Quick Communication
No president’s room

18. Honda Motto
“Don’t be afraid of failure, be afraid of doing nothing.”

19. Honda Super Cub
World’s best selling motor cycle, , 27,460,000

20. Pursuing High Technology

21. Competition with Toyota Join F-1
Technology for Crisis
Competition with Toyota
Sales slump
Join F-1
Power of Honda engine
11/16, 1987
15/16, 1988

22. Created Honda brand image
Honda of Technology
Created Honda brand image
Shokunin CEO
Engineer paradise

23. Kazuo Inamori
1932-
Kyocera
KDDI

24. Electronics, sola battery, parts
Ceramics
189 companies
66,496 employees
No deficit for 49 years

25. Small groups in a whole company
Ameba management
Small groups in a whole company
Independent accounts
Individual management
Inside sales
3000 amebas in Kyocera

26. Individual groups in the company
Sony’s Attempt
Individual groups in the company
Vertical communication
Sharing information
Internal competition
Failure
Closed mind
Lost communication
Group egoism

27. Core of Ameba Management
Cooperation of an employer and employees
Everyone is a manager
Company as an extended family
Sharing the vision
Management ethics
Honor reward

28. Reality Panasonic Honda Massive deficit Laid off 15,000 employees
Closed 27 factories
Honda
Under the shade of Toyota
Behind the hybrid vehicle
Lost the market share in Japan

29. Return of the Japanese Value
Focusing on human resource
Techonology
Sharing the vision

30. Early course evaluation Current grade report
Next Session
Discussion
Personal opinions on Japanese ways of business administration
Early course evaluation
Current grade report