This is a column written by our representative, Kazuaki Sawada, detailing the insights he has accumulated in the fields of business revitalization, management improvement, and bank relations.
The related article this time is "Things to Organize Early to Avoid Sudden Business Succession." This article presents the idea that the management philosophy and vision serve as a benchmark to return to when judgments diverge, and it connects this to the allocation of business areas and management resources, as well as to the management plan. Please refer to this as it relates to the content that "the management philosophy is superior to management policies and strategies."
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Please use this as hints for management decisions, such as building a management foundation, improving management qualities, cash flow management, bank relations, business succession, and restructuring after the appointment of the second or third generation. Also, feel free to contact us with any questions or inquiries when putting this into practice.
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The management philosophy is the foundation of company management. The essence of work is not merely "making money," but rather "being of service to others" and "providing goods and services that help people." That is why it is important to clarify in the management philosophy "why the company exists" and "how it contributes to society," which should take precedence over the company's management policies and strategies. The management philosophy should not be changed frequently. However, in times of significant change, it is also necessary to reassess the value of the company's existence without being bound by the words from its founding. When the philosophy is clear, the management policies, strategies, and directions for new products and new businesses also become apparent. Next time, I will discuss "seriously considering the company's existence."
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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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