The Shape of the 21st Century Economy: Thriving with Change

OVERVIEW

·      21st Century Corporation

·      Risk Assessing

·      Strategic Partnerships

·      Human Resources Management

·      CEO role

                                 Risk Assessing  Strategic Partnership  Human Resources Management  CEO Role

21st Century Corporation

·      New Technology

·      Fast Changing Environment

·      Different Cultures

“We don’t want to know how the corporation of the 21st century looks like, because if you do, you are limiting yourself” Carlos Ghosn, President and Chief Operating Officer, Nissan Motors Company, Japan

21st Century Corporation                                Strategic Partnership  Human Resources Management  CEO Role

                                     Risk Assessing

·      Real time information is a key to success

·      Lots of risks are controllable

·      Pure “.com” companies suffering the most

“The time to talk about risk is when everyone’s optimistic” A.J. Cohen, Managing Director, Goldman Sachs, USA

21st Century Corporation  Risk Assessing                                        Human Resources Management  CEO Role

                                                                    Strategic Partnership

·      Focusing on core branding strengths

·      Lower costs

·      Increased efficiency

·      Co-ordination of efforts

“No one cares about our partners, they care about our brand” Louis Schweitzer, CEO, Renault, France

21st Century Corporation Risk Assessing  Strategic Partnership                                                          CEO Role

                                                                                                       Human Resources Management

·      Make staff to believe you have the winning strategy

·      Provide extra benefits

·      Delegate authority

·      Train employees

“I tried to leave SONY three times, but every time I was offered a better job” Nobuyuki Idei, Chairman and CEO, SONY Corp., Japan

21st Century Corporation  Risk Assessing  Strategic Partnership  Human Resources Management

                                                                                                                                                               CEO Role

“Being a Chief Executive Officer is almost an art” Taizo Nishimuro, Chairman, Toshiba Corp., Japan