FDI, Finance and management resources
Katsutoshi YANAI
Kyoritsu Insurance Brokers of Japan
Abstract:
Japan completely went to ruin by the Great War. However, a revival comes soon. Japan achieved wonderful economic growth. Her economic revival was called as " miracle" and criticized afterwards when Japanese economy had fallen down. On the way to High economy, Japanese economy had intention of building factories abroad with the result of success story. A concept behind is direct overseas investment to Europe, America and Asia. There were difficulties accompanied for expanding overseas investment. Policy leaders' misunderstand and mistake did lead Japan to dead rock situation. The economy suddenly expanded. And the leaders with little interest in the economy; Government, Bureaucrats and Central Bank people took a simple-minded policy. There wrong decision did heavy shock to Japan. It is said BUBBLE. A miracle of Japanese economic power disappeared completely. The myth about management ability of Japanese lost the light and dispersed. So-called the Japanese way of management (JWM) was praised to the skies on temporarily. And, being disputed and eclipsed. After collapse of Economy, JWM got slandered. However, Principle of JWM is "management with person". It is based on a management idea and tradition of a Japanese businessman. And, on that point, many scholars and researchers investigated, analyzed. In this short article, I focus right on an overseas project finance aspect, especially concerning oil business. Through direct overseas investment, JWM had moved to overseas and discussed worldwide. I describe its history and background briefly. And I summarize the evaluation in scholars' studies and negative reputation in business world. Finally, I think about the role and function of JWM in the coming new world. In a word, the time has come for the management by will. Principle of consensus may transfer to that of collaboration.
Key Words: Management function w = f (u, i); consensus procedure by family mind with professional spirit.
|
