Reports on Michael Woodford See all →
Japanese companies return to tradition as they seek global integration
Four major Japanese industrial firms had foreign chief executives in 2011. Only one is still in office. Each has found it difficult to integrate the Japanese and international operations, and adjust to local management practices. The new trend is towards a resource-based strategy and the key resource is ‘Japaneseness’, especially the high level of skill and will of...
Economics: Japan’s Olympus scandal
Olympus, the world-class medical instrument and digital camera maker, took part in a huge cover-up to hide massive losses from failed investments. This report demonstrates that this is a cultural issue in Japan with ineffective outside directors and company boards. JAPAN’S Olympus scandal goes far beyond issues of ineffec...