Resilience: a Journal of Strategy and Risk Resilience Winning with Risk
Reprinted from Resilience: A journal of strategy and risk Resilience Winning with risk Bouncing back: Two Japanese corporations’ road to resilience By David Jansen and William Macmillan World Economic Forum Annual Meeting 2013 Davos-Klosters, Switzerland www.pwc.com/resilience Bouncing back: Two Japanese corporations’ road to resilience By David Jansen and William Macmillan Recent years have severely tested the resilience of Japanese companies David Jansen is an experienced PwC partner and the country as a whole. Japan has experienced severe catastrophes who provides strategic advice to corporations, governments and heads of state on issues including including earthquakes, typhoons and the Fukushima nuclear plant globalisation, governance, mergers and acquisitions, meltdown. These natural and man-made disasters have occurred in and transformation. David recently authored a country that is also grappling with a struggling economy and a the report, Revitalising Corporate Japan: A Prescription For Growth, and is a frequent shrinking workforce. In this article, we look at how two Japanese lecturer on the issues facing Japanese corporations companies – Hitachi and Lawson, a convenience store group – have in their quest for global, profitable growth. developed the resilience needed to cope with both dramatic events and He currently divides his time between Tokyo gradual, but inevitable, long-term changes that threaten their and New York. existence. Their experience shows that a resilient organisation William Macmillan is a senior associate and a embraces bold leadership, is open to fresh and diverse perspectives, member of PwC’s global Japan Business Network and was a contributor to the recently released monitors mega-trends and is flexible.
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