Status of Management and Business Education in Japan

7th 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 inChina’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