This is a column written by our representative, Kazuaki Sawada, detailing the insights he has accumulated in the field of business revitalization, management improvement, and bank relations.
We provide content that serves as decision-making material for managers, ranging from reading monthly trial balances, dialogue with banks, organizational restructuring, to business succession.
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Please use this as hints for management decisions, such as building a management foundation, improving management quality, cash flow management, banking relations, business succession, and restructuring after the appointment of the second or third generation. Additionally, feel free to contact us with any questions or inquiries when putting this into practice.
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When looking at the future of a company, it is said that for one year ahead, you should consider the financial statements; for five years ahead, the products; and for ten years ahead, the human resources (I deliberately use the term "human resources" to mean that people are assets, not just materials). Executives are those who align with the top leadership and build solid foundations. 1. Align with the top leadership Develop the habit of delving into why the top leadership thinks and makes decisions in a certain way. 2. Work at a higher level A common trait among executives who cannot perform at a higher level is that they take on too much work themselves. 3. Strengthen strategic thinking Clarify what needs to be done. It is important to focus on NOW (fulfilling current responsibilities), NEXT (taking the next steps), and NEW (considering the future). 4. Cultivate a sense of balance - Offense and defense (the balance between sales and profits, profits and expenses, assets and liabilities) - Environmental changes (the balance between market demand, competitor trends, and our own company) - Time (the balance between future vision and current reality) - Management resources (the efficient balance of people, goods, money, and information) Executives are department managers with a management mindset. Based on these points, I hope you aim to think and act from the perspective of a business leader. Next time, I will discuss "Creating an organization that can do the obvious."
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Our company is a group of professional consultants who value practical insights born from responding to corporate needs. With practical management know-how and a strong belief, we solve management challenges and achieve everything from startup support, reconstruction and revitalization support, growth expansion support, and business continuity support to building a solid management foundation.
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