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May 30, 2007

Vol. 14: David Price (Managing Director, Robert Half Japan) /News from the Nikkei Weekly dated 5.28.07

Peter Barakan interviews David Price, Managing Director of global recruiting giant Robert Half Japan.

In this candid conversation, David explains the ins and outs of the great opportunities that exist in Japan for foreign and bilingual Japanese who understand high level financial and accounting on a global scale. The exposure and stockholder outrage over corporate scandals in the U.S. was mirrored by scandals and consequences in Japan. As a result, Japan’s Financial Instruments and Exchange Law (nicknamed ‘J-Sox’) was put into place in 2006. It has been dubbed the Japanese version of the Sarbanes-Oxley Act. The Japanese Financial Services Agency gives detailed instructions for Japanese companies on how they must report and what they must report.
The necessity for a high level of expertise in this area is more critical now because J-Sox will go into law in 2008 – and Japan does not have the number of qualified people it needs to deal with these requirements. And, as David notes, this is just one example of the need for strong upper-level management recruiting. Creative positions are also becoming contract positions. In short, the world of recruiting is moving fast, and Japan, as the world’s second-largest economy, must ramp up to compete in these areas.

The Nikkei Weekly Interview podcast series: Broadcaster Peter Barakan, eigoTown.com President Russell Wills, or Producer Terri MacMillan interview prominent foreign business people in Japan about business and the economy, along with the weekly headlines - in English.

May 23, 2007

Vol. 13: Robert Pickard (President, North Asia, Edelman Public Relations Japan) /News from the Nikkei Weekly dated 5.21.07

Peter Barakan interviews Robert Pickard President, North Asia, Edelman Public Relations Japan.

Bob gives us a rare look at the struggles and triumphs of Japanese companies who are trying to communicate effectively to non-Japanese audiences. Many are taking grassroots marketing seriously for the first time. Many are trying to find ways to get past their normal ‘top-down’ information style.
One quote tells a lot of the story: “…there’s a ‘generation gap’ in Japan and a lot of the younger executives -- who through the rotation system spent some time in Europe or the United States -- can see the power of marketing, the power of new ideas in public relations, to move people, to create markets and to create a buzz where none existed before.

Now they are assigned overseas, but they come home to Japan, where we have had domination of marketing by the Dentsu model, where advertising and the power of advertisers has been far more important and controlling than the earned media coverage that public relations people undertake on behalf of clients.

Around the world, public relations is regarded as a profession. In Japan, it’s not so much so because marketing is more understood as an advertising thing, a paid for thing, but that's changing now…”

The Nikkei Weekly Interview podcast series: Broadcaster Peter Barakan, eigoTown.com President Russell Wills, or Producer Terri MacMillan interview prominent foreign business people in Japan about business and the economy, along with the weekly headlines - in English.

May 16, 2007

Vol. 12: Vivian Baines (former Managing Director of NCR Japan) /News from the Nikkei Weekly dated 5.14.07

Peter Barakan interviews Vivian Baines, former Managing Director of NCR Japan; plus this week's headlines.

Vivian Baines served for 9 years as Managing Director of global cash register giant NCR Japan. He also held positions as Managing Director, Financial Planning, and Director Legal Affairs, Japan and Asia as well as executive posiitions in NCR in the U.S.A. and Europe, and Peat Marwick, Mitchell and Co. in Pretoria and Hong Kong. He is a Fellow of the Institute of Chartered Accountants in English and Wales, and a degree in Law from London University College.
His experience in the business, economic and trade practices in Japan and Asia have made him an invaluable consultant to a number of prominent firms.
Peter and Vivian discuss the American tendency towards NIH (not invented here); being the first large company to lay people off, on being the first to treat technicians as white collar workers, Japanese industry and international standards, and much, much more.

The Nikkei Weekly Interview podcast series: Broadcaster Peter Barakan, eigoTown.com President Russell Wills, or Producer Terri MacMillan interview prominent foreign business people in Japan about business and the economy, along with the weekly headlines - in English.

May 09, 2007

Vol. 11: Ken Siegel (Morrison & Foerster Japan) /News from the Nikkei Weekly dated 5.7.07

Russell Willis interviews Ken Siegel, Managing Partner of Morrison & Foerster Japan; plus this week's headlines.

Mergers and Acquisitions (M&A) have certainly become big news in the Japanese business scene. There is an unprecedented amount of foreign investment in Japanese companies, and Japanese companies are venturing more frequently outside of the home country. The growing M&A scene, related regulations and their effect, the realignment of top brand name companies – when it comes to doing M&A business in the world’s second largest market, Morrison & Foerster Japan are in the center of the wave.
Ken shares with us his views on the nuts and bolts of how MoFo operates, key differences between tcontract law as it’s practised and understood in Japan as opposed to Western countries, and much, much more.

The Nikkei Weekly Interview podcast series: Broadcaster Peter Barakan, eigoTown.com President Russell Wills, or Producer Terri MacMillan interview prominent foreign business people in Japan about business and the economy, along with the weekly headlines - in English.

May 02, 2007

Vol. 10: Paul Riley (Oxford University Press Japan)

Russell Willis interviews Paul Riley, Managing Director of Oxford University Press Japan; plus this week's headlines.

Oxford University Press spells prestige in education, all over the world. As Managing Director Paul Riley tells us, in Japan, however, OUP’s market leadership faces unique challenges: Japan-only standards of everything from marketing to identifying books. And then there’s the decreasing birthrate (Russell promises to help!). In this frank conversation, you’ll get a glimpse into the key educational publishing market in Japan.

The Nikkei Weekly Interview podcast series: Broadcaster Peter Barakan, eigoTown.com President Russell Wills, or Producer Terri MacMillan interview prominent foreign business people in Japan about business and the economy, along with the weekly headlines - in English.