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End of Shareholder-oriented Management, Beginning of Sustainable Evolution Management [Kindle version]

Onaka Tadao

Are you looking forward to the future of your company?

In reality, the typical company has been unchanged for nearly 20 years, with no room to think of hopes and expectations for the future of the company. The earning power and the resulting surplus money of the company is the highest ever, but it's just the excesses of a company that lived in the past. Rather, as of 2018, it seems that it is commonplace to recognize that a company is an inhuman place where stress is mixed and accumulated. That also means that the sustainable evolutionary power of modern Japanese companies toward the future is steadily declining.

How many managers and employees of modern Japanese companies can talk about their near future with confidence and positive expectations? But that's not just the responsibility of the people involved in the last 20 years.

The root cause is the introduction of American-style shareholder value-oriented management, whose highest mission is maximizing shareholder profits, along with the liberalization of the introduction of foreign capital around 2000, to a group of Japanese companies that have continued to contribute to society throughout the latter half of the 20th century.

This book specifically points out the main causal facts of how the organization and human resources of a company peculiar to Japan are being transformed and declined by the so-called alien concept and system. We are trying to propose a new direction for corporate evolution. Co-authored with Professor Koichi Saito, Graduate School of Accounting and Finance.