In July, Hitachi - Japan's largest electronics group - set up its first business development division, which is charged with searching out new business oppor-tunities and partners around the world. The move underlined some significant changes in Japanese corporate behaviour. Not only is the company actively pursuing mergers and acquisitions opportunities, it has also grasped the importance of speed, and has broken from tradition by creating a fast-track decision-making process in which the head of the new division reports directly to the deputy president...more
In July, Hitachi - Japan's largest electronics group - set up its first business development division, which is charged with searching out new business oppor-tunities and partners around the world. The move underlined some significant changes in Japanese corporate behaviour. Not only is the company actively pursuing mergers and acquisitions opportunities, it has also grasped the importance of speed, and has broken from tradition by creating a fast-track decision-making process in which the head of the new division reports directly to the deputy president...
