Globalisation & Asia

Does your company have a truly global strategy? Do you think, act and speak global?

The arrival of Asia

The only way we can distinguish our operations from those of our competitors is our leadership position in the Asian market.

Akira Arima, President & CEO
NTT Communications Corporation

How is your company seizing global opportunities, including those in Asia, and addressing new, aggressive competitors?

Many companies "talk" globalisation but are not taking the necessary steps to be a true global organisation. They are still overly focused on domestic markets instead of select emerging markets, especially in Asia, which are projected to have far greater economic growth rates than other similar economies.

One corporate imperative is to focus on your growth strategy. Options include not only organic growth but mergers and acquisitions (M&A), partnerships and strategic investments. With global M&A opportunities, merger integration activities by a skilled, experienced team will make the difference between value creation and value destruction.

As a group, Japanese companies lag behind other industrialized countries in respect to their investment in Asia, specifically in China. A much more aggressive approach is needed to fully participate in Asia's economic growth trajectory and access a new, fast growing middle class of Asian consumers.

Transformational strategy

Aggressive new competitors from emerging markets are collaborating for competitive advantages. These competitors are not afraid to try bold, new strategies to take on established leaders. Sticking with traditional approaches or thought processes will not work. Decisive leadership and quick action from a skilled, global and diverse management team are only a few of the ingredients required for successful new strategies.

Japanese investment in Asia has room to grow, however Japan’s investment in Asia needs to grow.

Japan’s share of investment into important Asian markets, particularly China, lags well behind other major industrialized nations.
Source: Oxford Economics/Haver Analytics
The arrival of Asia