The Global Challenge: Applying business transformations in corporate Japan
Competing in the global arena is one of the main challenges that all Japanese corporations face – whether they be already visible on the global playing field, or just putting their foot through the global door. Several factors are driving these cross-border movements, but the inevitability of executing a business transformation is one that cannot be ignored.
In our latest report, Baker McKenzie collaborates with Mergermarket to examine the motivations and strategies that drive global business transformations among Japanese corporations, while making comparisons with those expansion strategies being conducted by US and European corporations. The report highlights the main challenges they need to overcome to make their deal a success.
The Global Challenge: Applying Business Transformations in Corporate Japan identifies four key areas as a starting point for Japanese corporations to re-examine existing approaches and consider adopting new practices.
Compliance – In markets where investors are unfamiliar with the regulatory and business environment, complexities can affect the negotiation process, deal price and post-merger integration.
HR Management – Focus on closing negotiations makes it easy to overlook the people side of a deal. Retaining employees is crucial to a business transformation.
Tax – Efficiently addressing tax issues helps investors find opportunities to reduce costs and improve returns.
Information Technology – Integrating IT systems helps ensure that finance functions, data protection, supply chains and logical operations are maintained and optimized.