Ulrike Schaede Quoted On Japanese Corporations' Strategy Shifts
Recovering Nation: Battered Japan Searches for Bearings
04/12/2011
Peter Ennis,
The Brookings Institution
In the weeks since a shockingly destructive earthquake and tsunami wreaked havoc in Japan’s northeast Tohoku region and spread turmoil throughout the country, it’s often seemed as if the stunned nation is fighting for recovery on three fronts. The clearest is against the sometimes enormously-destructive power of nature itself―in this case the tragic deaths, devastation, and dislocations caused by the tsunami, and the knock-on effects especially at the Fukushima Daiichi nuclear power facility. The second is the debilitating stereotype, prevalent both at home and abroad over the past several years, of a dysfunctional political-economic culture that has put the nation on a bullet train destined for decline, and which―the false label has it―would inevitably render the government incapable of effectively responding to the crisis. The third, just now coming into renewed focus, is the array of genuine, often self-imposed economic and political log jams that in recent decades have been slowly sapping the country of vitality, and which, if left in place, could ultimately undercut even the best-laid plans for post-tsunami reconstruction.
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Professor Schaede is an authority on Japanese business organization, strategy, and management. In addition to analyzing the recent shift away from diversification to focused, lean organizations among Japan's leading companies, Schaede's research also includes the newly emerging takeover market in Japan, venture capital and startups, as well as changing employment practices. Previous research has addressed regulation and government-business relationships in Japan; financial markets; corporate governance; welfare policies and small-sized companies in a changing Japan; and the role of trade associations and antitrust policy.
