Can Japan Compete?

Michael Porter & Mick Takeuchi

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In Can Japan Compete?, world-renowned competition strategist Michael Porter and his colleagues explain why American assumptions about Japan have proved so inaccurate, what Japan must do to regain its strength, and what its journey can tell us about how to succeed in the new global economy.The research behind this book began in the early 1990s, at a time when Japan's economic success was overwhelmingly credited to the Japanese government and its unique management policies.

Porter and his colleagues started by asking a crucial but previously overlooked question: If Japanese government policies and practices accounted for the nation's extraordinary competitiveness, then why wasn't Japan competitive in many of the industries where those policies had been prominently implemented? The authors and a team of colleagues surveyed a vast array of Japanese industries.

This surprising book is the result of their work. The continuing influence of Japanese government and management strategies worldwide makes Can Japan Compete? a must read for anyone competing in the global economy.

What will you learn from this book

  1. Competitiveness Challenges: The book examines the structural and economic challenges Japan faces, including issues like an aging population, high production costs, and global competition.

  2. Innovation and R&D: Innovation is identified as a critical factor for Japan's competitiveness. The authors discuss the importance of investing in research and development to drive innovation across industries.

  3. Industry Clusters: Porter's theory of clusters is applied to Japan, emphasizing the significance of strong industry clusters in fostering innovation, productivity, and competitiveness.

  4. Collaboration and Partnerships: The book advocates for collaboration between businesses, government, and academia to create an environment conducive to innovation and growth.

  5. Globalization Strategies: Strategies for global expansion and competitiveness are explored, highlighting the need for Japanese companies to adapt their business models to compete effectively in global markets.

  6. Human Capital and Talent: The authors stress the importance of human capital and talent development in enhancing Japan's competitiveness. They discuss the need for a skilled workforce to drive innovation and growth.

  7. Structural Reforms: The book suggests that structural reforms in various sectors, including agriculture, healthcare, and labor markets, are essential to stimulate growth and improve competitiveness.

  8. Service Sector Emphasis: There is a focus on the service sector's potential for growth and competitiveness, alongside traditional manufacturing strengths.

  9. Digital Transformation: The authors emphasize the importance of embracing digital transformation and leveraging technology to drive efficiency and innovation across industries.

  10. Sustainable Growth: The book discusses the importance of achieving sustainable economic growth while balancing environmental and social considerations.

Language English
ISBN-10 9780465059898
No of pages 208
Font Size Medium
Book Publisher Basic Books
Published Date 26 Oct 2000

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