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Asia Pacific Business: Strategies and Government Role in Secom, Mitsubishi, Toyota, Hitachi, and Samsung

   

Added on  2023-06-03

23 Pages4235 Words484 Views
Running head: Asia pacific business
Asia pacific business
2018

Asia pacific business
Table of Contents
Introduction.................................................................................................................................................4
Secom-Japan................................................................................................................................................4
Strategy...................................................................................................................................................4
Corporate organization............................................................................................................................4
Core capabilities......................................................................................................................................5
The role of government...........................................................................................................................5
Mitsubhishi Corporation-Japan...................................................................................................................6
Strategy...................................................................................................................................................6
Corporate organization............................................................................................................................6
Core capabilities......................................................................................................................................7
The role of government...........................................................................................................................7
Toyota-Japan...............................................................................................................................................8
Strategy...................................................................................................................................................8
Corporate organization............................................................................................................................8
Core capabilities......................................................................................................................................9
The role of government...........................................................................................................................9
Hitachi Corporation-Japan...........................................................................................................................9
Strategy...................................................................................................................................................9
Corporate organization..........................................................................................................................10
Core capabilities....................................................................................................................................11
The role of government.........................................................................................................................11
Samsung Electronics-Korea.......................................................................................................................11
Strategy.................................................................................................................................................11
Corporate organization..........................................................................................................................12
Core capabilities....................................................................................................................................12
The role of government.........................................................................................................................13
Conclusion.................................................................................................................................................13
References.................................................................................................................................................14
Bibliography...............................................................................................................................................17
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Asia pacific business
Appendices................................................................................................................................................20
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Asia pacific business
Introduction
The main motive of this task is to discuss the strategy, core capabilities and organizational
structure of Secom, Mitsubishi Corporation, Toyota, Hitachi, and Samsung Company. The paper
explains how the government helps these companies to handle and overcome the rivalries
internationally.
Secom-Japan
Secom Company was incorporated in 1962 in Japan (Glassdoor, 2018). The company is
operating and enhancing its business activities and operations in Japan and more than 10 other
countries. Secom provides ample of products and services including cash transport, security
sensors, and security guards and other instruments through around 160 subsidiaries (Glassdoor,
2018).
Strategy
It is stated that the company uses dynamic and effective strategies in the Japanese market to
overcome the rivalries globally (Graham, 2008). The company uses SWOT analysis to identify
and measure the internal strengths and weaknesses and to overcome the external threats and
opportunities in the competitive market. Along with this, Pestle analysis is initiated to prevent
and minimize the issues, challenges, and risks that exist in the external environment. Apart from
this, the company initiates the cost leadership strategy to attract and retain a maximum number of
customers globally (Graham, 2008).
Corporate organization
It is analyzed from the various analysis that unique and dynamic corporate structure is derived by
the company to conduct business activities and to attract shareholders (Secom, 2018). The
organizational structure of Secom includes board of directors, audit committee, internal audit
department, and executives. The corporate governance system of Secom has been drawn below.
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Asia pacific business
(Source: Secom, 2018)
Core capabilities
The core capabilities of Secom include leadership, effective business process, technological
innovation, honesty, accountability and fast customer response (Di Stefano, Peteraf and Verona,
2010). With effective core capabilities, the company has been able to stand out against the
rivalries globally.
The role of government
Japan’s system is constant and unique without parallel across the world. It is noted that Japan is a
constitutional monarchy country whereby the power and authority of the emperor are limited.
The country has the biggest and highest level of mobile broadband around the world with 4G
wireless internet and mobile telecommunications networks that is covering 99% of the
population (Japangov, 2017). The aim of the Japanese government is to attract a wide range of
Indian IT organizations and across 2 lakh IT professionals or experts to handle and overcome the
shortage of IT experts in the country (Singh, 2018). It is evident that the Japanese government
had established an IOT acceleration Lab where many Indian organizations had already
contributed. The IT system of Japan is not more strong and unique as compared to the Indian. On
the other hand, the IT industry is one of the biggest and unique sectors in India in today’s
modern world. The Indian government has transformed India into a digitally and unique
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Asia pacific business
empowered country. The Indian government also had introduced the e-governance aiming at
reshaping the government through dynamic and advanced technology. The government conducts
innovative programs such as universal access to mobile connectivity that showcases connecting
villages to mobile services and various network and maximizing network penetration through the
ongoing and effective programs (Verma, 2015).
Mitsubishi Corporation-Japan
Mitsubishi Corporation is a Japan’s biggest trading Company which is incorporated in 1918. The
company employs more than 70,000 employees and it has seven business segments such as
machinery, energy, chemicals, banking, finance and food (Mitsubishicorp, 2018).
Strategy
Mitsubishi Corporation has emerged as a prominent leader in the international market managing
business operation in more than 90 countries around the world. The marketing mix strategy and
corporate level strategy are being used by the firm to maximize the scope of gaining competitive
benefits (Bhasin, 2017).
Corporate organization
It is evident that Mitsubishi Corporation exercises dynamic and strong corporate culture to attract
maximum employees towards the organization. The company was established for aiming of
encouraging and promoting sports methods, harmony and mutual friendship among Mitsubishi
group members through ample of sports activities under the Mitsubishi club
(Mitsubhishicorporation, 2018). The organizational chart and its structure have been stated
below.
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