Venue/Deadlines | Program Dates | Program Fees |
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Venue : IIMB Campus Early Bird Discount Date : 07 Nov, 2024
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Start Date : 28 Nov, 2024 End Date : 30 Nov, 2024 |
Residential Fee(excluding GST) : Rs. 1,05,000 |
Senior/Midlevel Managers and others in companies seeking to learn new skills and knowledge of an alternate and highly successful style of management.
Senior / Midlevel Managers and others in Japanese companies, Indian companies who are doing business in Japan and Indian companies intending to do business with Japan.
Ms. Preethi
Landline No.:+91-80-26993375
Mobile No. +91-8951974073
Email: preethi.s@iimb.ac.in
Programme Overview
In recent years, economic relations between India and Japan have witnessed a substantial upswing. Bilateral trade has increased by more than 40% in the last two years and stands at US$ 22 billion. Last year, the two sides agreed on a target of JPY 5 trillion (US$ 35 billion) of public and private investment and financing from Japan to India in the next five years. Thus, trade and investment between the two countries is expected to rise significantly in diverse areas such as automotives, banking, healthcare, logistics & distribution, machine manufacturing and IT, AI and Robotics. The number of Japanese business establishments in India number 4,900 according to latest figures.
Despite this huge business potential, there are significant gaps in our understanding of Japanese business culture, customs and contemporary society. A deeper understanding of these aspects of doing business with Japan is critical to realizing the full potential of the vast business opportunities that exist in this regard.
The Japanese style of management has introduced unique concepts into management theory and practice related to the art of negotiation, teamwork, and consensus. These concepts have been successfully adopted by a number of Indian companies.
Is Japan rising again?
Japan is a society in transition as it grapples with the fundamental challenges posed by aging, with its population expected to shrink by one-third by 2060. To deal with this situation, the country has embarked on an ambitious plan of national renewal and transformation to Society 5.0, a post-information age society that aims to reorient its industry and economy to address its societal problems. This will have major implications for the world, as other societies like Europe and China are also aging rapidly.
This Short Duration Programme on 21st Century Japanese Management: Adopting Best Practices offered by the Mizuho India Japan Study Centre, a Centre of Excellence at IIM Bangalore, seeks to impart knowledge and skills in (i) Japan’s highly successful traditional management practices and, (ii) Japan’s 21st century reinvention of business, including in the new era of Society 5.0.
Programme Objective
Introduce
Core Japanese management practices covering strategic thinking, decision making, operations and human resource management.
Provide
Guidance to think through the application of these approaches in the Indian context.
Learn
Approaches in Japanese innovation and their contrast with Indian and Western styles
Understand
Changes taking place in contemporary Japanese business culture and society and their implications and applications for Indian industry.
Programme Content
1-Japanese Management: Core Practices
Decision Making
How do the Japanese build consensus? Core concepts like nemawashi (‘turning the roots’), hoshin kanri (strategic planning), horensou (information flow) etc. will be explained and their application understood.
Art of Negotiation
Learning Japan’s unique style of negotiation that has lessons for others.
Human Resources
How do the Japanese build teamwork? What can we learn from their highly successful practices?
2. Japan Inc – the transition
Evolution of Japan Inc: Industry 4.0 to Society 5.0
What is the fundamental transformation being planned in Japan through its transition to Society 5.0, a post-information age (Society 4.0) that will reorient its industry and economy to address its societal problems? We will analyse the shifts and understand their far-reaching implications for business and society.
3. Japanese innovation
From Kaizen (incremental) to breakthrough innovation; differences with Western styles and the emerging strategic convergence among the ‘Triple Helix’ of business, government and academia.
4. Adoption of Practices in India: A New Approach
Operational Systems
Lean Management helped Japan become the high-quality factory-of- the-world. Can we use these principles in Indian manufacturing?
Appreciating Cultural Differences
Learning culture-mapping as an effective tool for adoption of best-practices.
Integrated Management
Going beyond tools and techniques – the holistic approach.
Pedagogy
A variety of approaches will be used – sessions will start with the concepts, offer examples to illustrate the concepts and then use cases/ caselets (wherever relevant) for further understanding of the concepts. It would also include workshop-mode exercises to develop some skills in the application of the concepts. Active in-class discussion and group-discussions will be encouraged. There would be a focus on techniques, as this would be an important takeaway for the participants.
Top-notch faculty, contemporary content, a great learning environment, and application orientation make the IIMB Exec Ed programmes world-class.