Ulrike Schaede Comments on Sony's Challenge for Change
Sony tries over, with a new CEO
04/02/2012
Sott Tong,
Marketplace
Kai Ryssdal: There was a change at the top of Sony over the weekend. Howard Stringer stepped down as CEO of the Japanese electronics and entertainment conglomerate.
The new guy, Kazuo Hirai, has his hands full. When Sony reports annual profits at the end of the month, best guesses are it'll be another whopping pile of red ink -- almost $3 billion worth in losses.
Marketplace's Scott Tong was in Tokyo not too long ago, trying to figure out what happened.
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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.
