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2020 | OriginalPaper | Buchkapitel

4. Changes to the Corporate Philosophy in Response to Corporate Globalization: A Case Study of Globalization in Olympus

verfasst von : Masahito Kitamura, Tetsuya Takahashi

Erschienen in: Cultural Translation of Management Philosophy in Asian Companies

Verlag: Springer Singapore

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Abstract

The corporate philosophy is generally considered to be an invariant and continuous foundation for management. However, some companies have changed their corporate philosophy over their long history to meet the demands of their ever-changing environments. Olympus, a Japanese manufacturer of digital optical products, has gone through four major revisions in its 100-year history. In this chapter, we examine the relationship between the processes of corporate globalization and changes in the corporate philosophy and corporate culture, by analyzing the changes in the corporate philosophy in response to new management perspectives in relation to the theme and content, and the subject and object of the message conveyed by the corporate philosophy.

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Vorheriges Kapitel The Creation of a Corporate Philosophy in a Japanese E-Commerce Company: A Case Study of Rakuten

Nächstes Kapitel Transmission of Management Philosophy: Beyond the Differences in Customs and Norms in Foreign Cultures

In this case, the company has officially established its corporate philosophy. In this chapter, we consider the concept of a corporate philosophy as equivalent with the concept of a management philosophy.

Friedman (2005).

https://www.olympus-global.com/company/milestones/founding.html?page=company (accessed at 2019/6/9).

https://www.olympus-global.com/ir/data/integratedreport/pdf/integrated_report_2018e_03.pdf Olympus innovation history (accessed at 2019/6/9).

https://www.olympus-global.com/company/milestones/history/01.html Olympus chronology (accessed at 2019/6/9).

Cooper (1994), Cooper (1997), Cooper and Slagmulde (2004).

Olympus adopts Social IN as a new corporate philosophy. https://www.olympus-global.com/company/milestones/history/05.html?page=company (accessed 2019/6/9).

Williams and Takeshita (2011), Aronson (2012), Lorsch et al. (2013) Elam et al. (2014).

Micklethwait and Dimond (2017) pp.95–118, Kitamura (2018). The following websites are also informative: https://www.olympusamerica.com/corporate/corp_presscenter_headline.asp?pressNo=1051 (accessed at 2019/7/6), https://www.olympusglobal.com/ir/data/announcement/pdf/td160302e.pdf (accessed at 2019/7/6).

https://www.olympus-global.com/ir/data/integratedreport/pdf/integrated_report_2018e_01.pdf (accessed at 2019/6/9).

Olympus (1969) p.369.

Olympus (1969) p.370.

https://www.olympus-global.com/ir/data/integratedreport/pdf/ar2013e_02.pdf (accessed at 2019/6/9)

https://www.olympus-global.com/company/philosophy/philosophy.html?page=company (accessed at 2019/6/9)

Aronson BE (2012) The Olympus scandal and corporate governance reform: can Japan find a middle ground between the board monitoring model and management model? UCLA Pacific Basin Law Journal 30(1):93–148

Cooper R (1994) Olympus optical company, Ltd. (B): functional group management. Harvard Business Publishing, Brighton

Cooper R (1997) Olympus optical company, Ltd. (A): cost management for short life-cycle products. Harvard Business Publishing, Brighton

Cooper R, Slagmulde R (2004) Achieving full-cycle cost management. MIT Sloan Manag Rev 46(1):45–52

Elam D, Madrigal M, Jackson M (2014) Olympus imaging fraud scandal: a case study. Am J Bus Educ 17(4):325–332

Friedman TL (2005) The world is flat: a brief history of the twenty-first century. Farrar Straus & Giroux, New York

Kitamura M (2018) Olympus keiei fushōji ni kansuru jirei kenkyū (A case study of ‘The Olympus scandals’: from the viewpoint of corporate globalization) (in Japanese). Keiseironsū (Graduate School of Economics, Nihon University) 43:19–40

Lorsch J, Srinivasan S, Durante K (2013) Olympus (A). Harvard Business Publishing, Brighton

Micklethwait A, Dimond P (2017) Driven to the brink: why corporate governance, board leadership and culture matter. Palgrave Macmillan, LondonCrossRef

Olympus (1969) 50 nen no ayumi (50 years’ history) (in Japanese). Olympus, Tokyo

Williams C, Takeshita S (2011) Olympus and the whistleblower president. Ivey Publishing, London

Titel: Changes to the Corporate Philosophy in Response to Corporate Globalization: A Case Study of Globalization in Olympus
verfasst von: Masahito Kitamura
Tetsuya Takahashi
Verlag: Springer Singapore
Buch: Cultural Translation of Management Philosophy in Asian Companies
Print ISBN: 978-981-15-0240-8

Electronic ISBN: 978-981-15-0241-5

Copyright-Jahr: 2020
DOI: https://doi.org/10.1007/978-981-15-0241-5_4